Poor People Are More Sensible With Money: Esther Duflo, Nobel Prize Economics | In Conversation

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Why would someone buy a television when they don't have enough money for food? And why do students from poor backgrounds seem to struggle in school? By asking deceivingly simple questions like these about the choices that poor people make, Esther Duflo found some surprising answers that have revolutionized the field of development economics. Hear from the youngest ever co-winner of the Nobel Prize for Economics on In Conversation.
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Опубликовано:

27 июл 2024

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Комментарии : 30

@incognitoadventure Год назад

wow.. a new perspective.. because we always blame the poor.. i have been contemplating about this for a long time having to come from a poor family and succeeded later.. but now all my experiences make sense..

@johngablesmith4671 Год назад

Both these women are fabulous. So intelligent.

@ralphkilloran8065 Год назад

As a Canadian senior retired from the public service I can say with certainty there is a shifty government practice called "Existing Funding" which is taking the money budgeted for one item and using it for an entirely different purpose. A good example on this would be taking money budgeted for Learning Disabled Students and instead spending it on sports and band equipment or School Board's out or country travel expenses. "Existing Funding" means the less fortunate are getting ripped off for extravagant spending.

@stevensmith2078 Год назад

The most eye-opening part of the interview was the interviewer’s view that the public views poor underachieving students as lazy. Since I have not heard that before, it could be her own personal bias or one from her part of the world. Bizarre.

@bar_coin Год назад

I think she was simply generalizing in this context, but there are certainly poor people who are lazy. Let's compare a man working as a janitor and living in a shabby house with a jobless man who happens to be homeless as well. They are both poor, but that doesn't mean the janitor is lazy because he has a job and shelter, it's just that the money he earns is not enough to live comfortably. On the other hand, the jobless and homeless man is lazy because as all he does is laze around all day. With this logic, there are definitely lazy poor students out there who simply chose not to try than "being left behind due to the design of the curriculum" as she makes it out to be.

@bobbybannerjee5156 7 месяцев назад

A must-hear conversation for the struggling American and British middle class people who blame the poor for their problems. Poverty, I have always believed, is a lack fo cash. Give them cash and the security that cash will always be available when they need, and the'd turn their lives around. No, they are not innately irresponsible. The bad decisions they made were because of poverty, not the cause of it. You'd make terrible decisions too if you became poor due to a few strokes of bad luck.

@godsamazinggrace5331 Год назад

Sensible in budgeting

@davidhibbs6989 4 месяца назад

I have a coat hanger for an antenna and get almost 15 channel's of "Free" TV and the TV I pulled out of a Dumpster! Food or TV or both?

@mohamadsyafiqiylia7841 Год назад

"Cash is King"- Najib A very true statement.

@observer9051 Год назад

If everyone think cash is king we will complete forgot Humanity and our Purpose on earth .

@godsamazinggrace5331 Год назад

Her own definition of poor

@matthew2chua Год назад

giving them free money will make them lazy. They will make less money, less ambition and poor work ethics with the donating money and it will make them even poorer. what the poor lacking is ambition.

@patoises Год назад

The patronizing tone is staggering! Yes, poor people want tasty food too, what a shock! And keep referring to "them" (less well off people) throughout the interview as though they were a different breed of people. I heard the host is an experienced broadcaster, but her experience is not showing here

@Tan92lfc Год назад

Poor people term is used here within academic discussion.

@senghiapcatalog8459 Год назад

What is poor ? What is rich? Do you think you are rich?

@jarrodyuki7081 Год назад

tssk.

@gijose83 Год назад

the biggest enemy of charity is paternalism

@benw4361 Год назад

paternalism is necessary to educate, so i would disagree. coming from poverty and now being upper class income, I would not have learned all of the good habits and knowledge I have now if I wasn't obligated to do so based on my agreement with the state to receive financial support for my education.

@palamirtammarimuthu1752 Год назад

Tasty food means rich ????...huh????.😱🇸🇬👁️👁️

@crazyandstupitme Год назад

Not that tasty food means rich but people won't associate the tastier (possibly pricier) food with the poor. Or even have the thought they the poor shouldn't spend on better food because they should accumulate it for other purchases that gives them the opportunity to earn more

@aliwardana4851 Год назад

Muhammad Qasim saw this dream on 31st of August 2022, he says: In this dream I am amongst some people who are listening to me and asking questions about my dreams. They ask me how much time is left before Qiyamah (The Day of Judgement). I say to them, “When the wars (conflict) begin, which will all be part of World War 3 and Ghazwa tul Hind, #MuhammadQasimDreams

@evanjacoby Год назад

TraNNy

@keungpang2176 Год назад

If he is sensible with money he wouldn't be poor.

@EtreTocsin Год назад

Ummm, not if you have never had money to begin with….Have you ever been hungry knowing you have no money and no way to get money due to lack of jobs? Did you go to school as a child on lack of sleep and lack of food? Do you think you could focus on your studies in that state?

@palamirtammarimuthu1752 Год назад

Firstly he has to find work and be willing 🙏🏼🇸🇬🤓

@siddharthshankar9931 Год назад

no sh*t Esther Duflo. Good god how did u win a Nobel🤦🏻🤦🏻🤦🏻

@ralphkilloran8065 Год назад

@jimmyhvy2277 Год назад

Worlds best Practice , Thanks for saying nothing when you were apart of the Corrupt System . The Canadian Government needs all the help it can get , so the Sheeple can Own nothing , and laying down and Die in the Streets Only way the Save the Planet . 👍

@ralphkilloran8065 Год назад

@@jimmyhvy2277 TROLL ALERT!