Summary of Abhijit Banerjee and Esther Duflo's Poor Economics

Excerpt From Summary of Abhijit Banerjee and Esther Duflo's Poor Economics



#1



The association of poverty and hunger is so strong in the Western world that it has become an institution, with governments constantly trying to feed their citizens.



#2



The idea of a nutrition-based poverty trap is very old, and it basically states that when someone is very poor, all the food they can afford only provides enough energy to simply live. As people get richer, they require less food because their bodies can produce more energy from what they eat.