Nobel laureate discusses ways to alleviate global poverty

Nobel laureate discusses ways to alleviate global poverty

Abhijit Banerjee October 31, 2024—Nobel laureate Abhijit Banerjee often hears people judge those in poverty. He attributes those judgments to misconceptions, and pushed back on those false notions in a recent conversation at the Harvard Chan Studio about solutions that can reduce global poverty.

For example, Banerjee, director of the Abdul Latif Jameel Poverty Action Lab (J-PAL) and Ford Foundation International Professor of Economics at the Massachusetts Institute of Technology, emphasized that impoverished people will still spend money on needs other than food or shelter—including finding ways to create joy in their lives, like a phone to talk to family […]

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