From the abstract of ‘Why Do People Stay Poor? Evidence on Poverty Traps from Rural Bangladesh’, November 24, 2020: There are two broad views as to why people stay poor. One emphasizes differences in fundamentals, such as ability, talent or motivation. The other, poverty traps view, differences in opportunities stemming from differences in wealth. We […]

In 2011, the Dalit rights scholar and activist Kancha Ilaiah Shepherd (then only Kancha Ilaiah) addressed a room of 150 or so students of the Asian College of Journalism, Chennai. In the first 20 minutes of his speech, he spoke about how there would be a lower-caste revolution one day when upper-caste people – including […]

That Swedish group announced today that Esther Duflo, Abhijit Banerjee and Michael Kremer are the winners of this year’s Nobel Prize for economics. Within minutes, my Twitter feed was awash with congratulations as well as links to criticisms Duflo and Banerjee had voiced in the past against the economic policies of the Narendra Modi government. […]