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Esther Duflo

Bandh once more

Far from lending an impetus to industry, the bandh shall only inconvenience hoi-polloi, once the CPI-M’s support base.

Poor Statisticians, Rich Economists

Incidentally, three ‘Randomistas’ – Abhijit Banerjee, Esther Duflo and Michael Kremer – won the Nobel prize in Economics for their study on poverty, by incorporating a century- old purely statistical concept called ‘randomized controlled trials’ (RCT).

Forty years after…

The government claims that it wants to tackle fuel smuggling and give cash payments to the poorest three-quarters of Iran’s 80 million population.