Poor Economics, Great Economists

Written by Ryan McGuine // In October, economists Abhijit Banerjee, Esther Duflo, and Michael Kremer were awarded the Nobel Prize in Economic Sciences "for their experimental approach to alleviating global poverty." All three recipients are Americans, though Mr Banerjee and Miss Duflo are immigrants. Miss Duflo is just the second woman to have won the … Continue reading Poor Economics, Great Economists

The Randomistas Shouldn’t Rule, but They Needn’t be Renounced

Written by Ryan McGuine // In August, Martin Ravallion wrote a working paper for the Center for Global Development titled Should the Randomistas (Continue to) Rule? questioning the wisdom of allowing proponents of randomized control trials (RCTs) to dictate the development research agenda. This came after a collection of 15 renowned economists wrote an open … Continue reading The Randomistas Shouldn’t Rule, but They Needn’t be Renounced