We've learned that poverty itself creates a different life, a different view of the world. A view that arguably accounts for the fundamental failures of so many well-meaning programs. Why this is, what works and why has it been so hard to find the magic bullet. Trying to answer this has been the work of the winners of this year's Nobel Prize in economics, Esther Duflo and Abhijit Banerjee.
My conversation with Esther Duflo and Abhijit Banerjee:
