My Understanding Of Poor Economics We have all heard the phrase: The poor are poor because they don’t work, study, save or have too many children. We all speculate about the world of possibilities and make assumptions about the psychology of the poor. But very few know the reality of it all. This book written by the authors/Economists, Abhijit V. Banerjee and Esther Duflo, aims to explain the many obstacles, poor people, face in their daily lives that limit their growth and ability. It proves wrong many of the ideas we have about why the poor are poor. Beginning with the very basics of whether aid is good for the poor. Will handouts help or prove to be devastating? A very unique and powerful point of this book is that the authors have written it taking into account multiple views. Those of the poor themselves and economists with competing theories. Some economists say handouts lead the poor to take them for granted and not ma...