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Esther Duflo, Another Economic Thought of Poverty



French Esther Duflo, who was awarded the Nobel Prize for Economy Monday for her work on the fight against poverty, has emerged in recent years as one of the brightest economists of her generation.
Even before he was awarded the Nobel, this French American was one of the most famous economists in the world, especially in the United States, for his empirical work on poverty, which received her prestigious awards including the 2010 John Bates Clark Medal.
The number of recipients of this distinction, which rewards the work of economists in the United States for 40 years, has also since been inaugurated by the Nobel, such as Joseph Stiglitz, Paul Samuelson, Milton Friedman, James Tobin and Paul Krugman.
Esther Duflo's work, mainly manufactured in India, got her elected in 201

3 by the White House to advise President Barack Obama on development issues, by sitting on the new Development World Committee.
This dark-haired, square-eyed fighter, with determined eyes, was honored in 2010 with a portrait of ten pages in the New Yorker, in a number dedicated to the innovators of our time.
In half a century of Nobel economics history, Esther Duflo is just the other woman to receive this award.
"It is a left-wing intellectual who believes in the redistribution and optimistic view that tomorrow can be better than it is today. It is largely the origin of a new academic trend," New Yorker wrote at the time.
This sense of this economist, born in Paris in 1972, took the form of a Protestant family, with a pediatrician's mother, invested in humanitarianism, and she regularly cites as a model and a paper mathematician, teacher scientist.
Graduate of the Ecole Normale Supérieure, Ecole des Hautes Etudes en Sciences Sociales (EHESS), she also holds a doctorate from the Massachusetts Institute of Technology (MIT) in the United States, where she is still a professor.
At Abdul Latif Jameel Research Laboratory for the Fight against Poverty, which she founded and leads in 2003, her work is based on field experiences, in partnership with NGOs (NGOs). According to the New Yorker, this method earned him and his other followers the nickname "randomista".
For example, "if we set up a new school support program in schools, we will randomly select 200 schools, 100 of which will implement the program and the other 100 will not," she told AFP in 2010 when she received the John Bates Clark Medal.
Students' progress is then compared and evaluated in both cases, and the results of these experiments are then transmitted to public authorities and charities such as the Bill and Melinda Gates Foundation to "get them to a larger scale," she stressed.
at MIT, this amateur climber was also the first holder of a chair of the College of France on "Knowledge Against Poverty".
Her book "Rethinking Poverty" together with the Indian Abhijit Vinayak Banerjee – winner of the Nobel Prize 2019 one child – received the award Financial Times of the Year Times / Goldman Sachs 2011.
"Our vision of poverty is dominated by caricatures and clichés: the poor lazy, the poor entrepreneur, the poor hungry," she explained in an interview with AFP. we want to understand the problems of poverty we have to go beyond these caricatures and understand why the very fact of being poor g is changing some things into behavior, and others not! "
This effort to change the perception of poverty, she would also like to apply it to a look at the economy and economists.
"Economists have a very bad reputation and some of this bad reputation is probably motivated given how the discipline works," she explained in early 2019 at France Inter, regretting "a confusion where we say + about someone" One is a economist, so he is actually interested in finance, he works for the rich + while that is not necessarily the case. "


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