Understanding poverty and what to do about it is perhaps the central concern of all of economics. This book brings together twenty-eight essays by some of the world leaders in the field, who were invited to tell the lay reader about the most important things they have learned from their research that relate to poverty. Every essay is written with the aim of presenting the latest and the most sophisticated in economics without any recourse to jargon or technical language.
Praise for Understanding Poverty
"A serious examination of where we stand and what we need to do."
— Nicholas Kristof, The New York Review of Books
"Mass poverty is mankind's oldest, yet still most pressing, problem. Understanding Poverty describes the attack that economists are making to understand it on many different fronts. Every reader of the essays in this superb volume will appreciate the current excitement of development economics and the enormous progress it has made in the last two decades."
— George Akerlof, Nobel Laureate in Economics, 2001