Changing the culture of economics: The 2019 Nobel laureates

The 2019 Nobel Memorial Prize in Economics Sciences was awarded to Abhijit Banerjee, Esther Duflo, and Michael Kremer “for their experimental approach to alleviating global poverty.” Their experimental work has changed the culture of economics, especially development economics. It helped change deep assumptions about how individuals make decisions and about what economic development is. It … Continue reading Changing the culture of economics: The 2019 Nobel laureates