This year’s Nobel Prize in Economic was awarded jointly to Abhijit Banerjee (from the Massachusetts Institute of Technology), Esther Duflo (also from MIT) and Michael Kremer (from Harvard University) “for their experimental approach to alleviating global poverty.”
Ten percent of the world's population are still in dire poverty. Kate Geraghty
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Richard Holden is professor of economics at UNSW Business School and president of the Academy of the Social Sciences in Australia. Connect with Richard on Twitter.
