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Study Closely, Test and Measure Potential Solutions . . . and Do More of What Works,
Rezension bezieht sich auf: Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty (Gebundene Ausgabe)
"So the poor have hope,
And injustice shuts her mouth." -- Job 5:16
If a pharmaceutical company wants to improve health, it begins by studying what goes wrong in a disease. Having found the patterns of disease, it looks for ways to interrupt those patterns. When a promising molecule is identified, controlled trials begin. If such trials prove the molecule is safe and effective, governments will license production and prescription of the new medicine.
Professors Banerjee and Duflo employ a similar methodology for finding ways to interrupt patterns that lead to and sustain poverty. That's the key message of this book: Unless you employ good methods to identify what to do, money and effort spent on eliminating poverty may well be unproductive or even counterproductive.
Those who aren't familiar with the research results will learn a lot about how poverty shapes perspectives and problems so that poor people may well choose alternatives that don't optimize wealth and poverty elimination. Once again, "economic man" and "economic woman" are proven to be myths created by theoreticians.
My takeaway from this book is that a lot more would be accomplished by earmarking 10 percent of money intended for poor people to conduct studies and trials to find what really works, rather than just spending money on what some "expert" believes will work.
In my own work on the 400 Year Project (to accelerate global improvements by 20 times), successful poverty elimination experiments have required a lot of individual adjustments for each person and family. But typical "solutions" to poverty don't encompass such flexibility.
I liked the last part of the book best, "In Place of a Sweeping Conclusion," where the professors point out the results of individual studies completed to date don't allow for any sweeping conclusions.
Bravo and Brava!
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