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Get More Details tags: poverty(2), economics(2), public policy, india, microfinance, kenya, economic development, behavioral economics, ghana, nudges, development, evidence
Product Description
When it comes to tellurian poverty, people are ardent and polarized. At one extreme: We usually need to deposit some-more resources. At a other: We've thrown billions down a sinkhole over a final fifty years and achieved roughly nothing.
Dean Karlan and Jacob Appel benefaction an wholly new proceed that blazes an confident and picturesque route between these dual extremes.
In this pioneering book Karlan and Appel mix behavioral economics with worldwide margin research. They take readers with them into villages opposite Africa, India, South America, and a Philippines, where mercantile speculation collides with genuine life. They uncover how tiny changes in banking, insurance, health care, and other growth initiatives that take into comment tellurian madness can drastically urge a contentment of bad people everywhere.
We in a grown universe have found ways to make a possess lives profoundly better. We use new collection to spend smarter, save more, eat better, and lead lives some-more like a ones we imagine. These collection can do a same for a impoverished. Karlan and Appel's research, and those of some tighten colleagues, uncover accurately how.
In America alone, particular donors minister over dual hundred billion to gift annually, 3 times as many as corporations, foundations, and bequests combined. This book provides a new proceed to know what unequivocally works to revoke poverty; in so doing, it reveals how to improved deposit those billions and start transforming a contentment of a world.
Product Details
- Amazon Sales Rank: #66718 in Books
- Published on: 2011-04-14
- Released on: 2011-04-14
- Original language: English
- Number of items: 1
- Dimensions: 1.15" h x 6.36" w x 9.11" l, 1.12 pounds
- Binding: Hardcover
- 320 pages
Editorial Reviews
From Publishers Weekly
Karlan, a behavioral economist, and Appel, an assist worker, use psychological insights and experimental studies to consider and trouble-shoot growth initiatives (especially a ballyhooed microcredit movement, to that they persevere several sensitive though vicious chapters). They concentration on tiny fixes with outsized payoffs: "commitment" assets accounts that make depositors amass a bound volume before they can withdraw; well-side chlorine dispensers to freshen water; profitable relatives to take kids for checkups; augmenting a focus rate to a microloan module by, yes, putting photos of prohibited chicks on a brochure. The authors write in an enchanting poetry kaleidoscopic with Freakonomics-style cutesiness—"It hadn't dawned on me that hookers' prices could be a subject for vicious mercantile research"—and illustrated with Appel's transparent reportage on underdevelopment in Ghana. Their module of tweaking spending and saving function (sending content messages reminding people to save income any month, for example) can seem faddish and insufficient, given a immeasurable needs of bad countries; still, theirs is an didactic and confident take on smartening adult growth aid. (Apr.)
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Review
"The initial half of a twenty-first century will be remembered by historians as a time when a universe separated many of a poverty. A few geniuses like Dean Karlan will be seen as responsible. Here is a delight of clever investigate and artistic invention over low problems that have been seen as autochthonous and hopeless."
-Robert Shiller, Arthur M. Okun Professor of Economics, Yale University, and author of Animal Spirits, The Suprime Solution and Irrational Exuberance
"A page-turner that guides donors to strategies that urge a lives of a world''s lowest people. Karlan and Appel lucidly report a investigate ancillary their commentary while demonstrating how psychological "nudges" mix with mercantile incentives to make a strategies succeed."
-Paul Brest, President, The William and Flora Hewlett Foundation
"Karlan is one of a many artistic and inclusive immature economists in a world. His investigate lies during a intersection of dual of a hottest areas in a field: behavioral economics and development-microfinance . . . . A good follow-up to Freakonomics, Predictably Irrational, and Nudge with a growth and misery spin."
-Richard H. Thaler, coauthor of Nudge
"Dean Karlan is one of a many brazen and brazen members of a new multiply of economists who are perplexing to quarrel misery and change a world, one randomized hearing during a time. This book with Jacob Appel conveys not usually new and sparkling commentary from these studies, though also, with a sprightly and enchanting tone, a perfect fun of hunt and discovery. An fortifying and sensitive read!"
-Esther Duflo, Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics, Department of Economics, MIT, 2010 John Bates Clark Award winner
"A superb book for anyone meddlesome in what can unequivocally be finished about tellurian poverty. Karlan and Appel strike a change between undiscerning merriment for donating income to anything that sounds eminent and unrelenting melancholy about any try to do good in a world. Here is a clear, applicable proceed forward- described with a compelling, tellurian touch."
-Michael Kremer, Gates Professor of Developing Societies, Harvard University
"Stimulating, breezy, Intellectual; this book has it all. Once we picked adult this masterpiece, we found myself opening adult a birthday benefaction each time we incited a page. A contingency review for anyone vicious about a many vicious problems confronting amiability today."
-John A. List, Homer J Livingstone Professor of Economics, University of Chicago
"This book wraps a world-changing thought in an immensely entertaining narrative. If we are going to overcome tellurian poverty, we need some-more than good intentions, and Dean Karlan and Jacob Appel uncover us accurately what we need and how to get there."
-Peter Singer, Ira W. Decamp Professor of Bioethics in a University Center for Human Values, Princeton University
"An permitted comment of ''the new growth economics'' formed on margin experiments and randomized control trials... Valuable, insightful... Anyone meddlesome in a entertaining contention of this truly new proceed to misery should collect adult this book."
-Tyler Cowen, highbrow of economics, George Mason University, author of The Age of a Infovore and co-author of a blog marginalrevolution.com
"The many obligatory plea in a universe is mercantile development, and Karlan is right during a slicing edge...An vicious book-and a enthralling one."
-Tim Harford, author of The Undercover Economist and a Dear Economist mainstay during Financial Times
"The forms of investigate that Dean Karlan and his colleagues during Innovations for Poverty Action control are vicious for assisting foundations like a Ford Foundation."
-Frank deGiovanni, Director of Economic Development, Ford Foundation, former Chair of a Executive Committee, Consultative Group to Assist a Poor
"Karlan is one of a world''s heading experts on microfinance in building countries, and he''s finished pioneering investigate around a globe. His work smashes aged bounds within economics to answer some of a many dire issues confronting bad countries today. Most of what we know currently about how to make microfinance work for a bad flows from Dean''s research."
-Edward Miguel, Professor of Economics, U.C. Berkeley
"More Than Good Intentions offers a new proceed brazen in a conflict opposite poverty. It''s a data-driven path, though one populated with real-life stories and full of a tellurian spirit. Karlan and Appel call us to be severe in a decisions-and we need to listen to them, for a stakes couldn''t be higher."
-Jacob Harold, Program Officer, Philanthropy, The William and Flora Hewlett Foundation A
"This smashing book, by one of a heading combatants, brings us directly to front--lines of a conflict for a some-more reasoned proceed to fighting poverty."
-Abhijit Banerjee, a Ford Foundation International Professor of Economics during MIT
"This book invites we to a conversation. The subject could not be some-more compelling: tellurian poverty. Your partner could not be some-more fascinating: one of a heading scholars in a universe operative on it. The outcome is all we would wish for."
-Sendhil Mullainathan, Professor of Economics, Harvard University
"Be prepared to have your preconceptions about general growth neatly challenged, as Karlan and Appel mangle down what unequivocally works to assuage poverty."
-Justin Oliver, Executive Director, Center for Microfinance, Chennai, India
"Karlan offers that all-too-rare multiple of educational investigate value and a focus to general growth practice. Karlan is formulating a breakthrough."
-Chris Dunford, President of Freedom from Hunger
"Karlan and Appel write that their idea is ''to pronounce directly to readers, to lead them into some corners of a universe they competence not differently encounter, and move them face-to-face with a people who stock those places.'' They have succeeded admirably, as both advocates and analysts."
-Kirkus
About a Author
Jacob Appel is a margin researcher for IPA. He lives in Montclair, New Jersey. This is their initial book.
Customer Reviews
Most useful patron reviews
32 of 33 people found a following examination helpful.
Sometimes Good Intentions Aren't Good Enough
By AdamSmythe
According to this book's authors, over a final 50 years a wealthiest nations have given about $2.3 trillion to try to revoke poverty, essentially in building nations, nonetheless currently about 3 billion people live on only $2.50 per day (in today's U.S. purchasing energy terms). Paradoxically, $2.3 trillion represents a lot of giving, and 3 billion people paint a lot of poverty. So, what's a problem? One stay of observers says we simply haven't given enough. Another stay says a assist and growth village currently is ineffective. In a nutshell, this is a misery problem that a authors have jumped into.
Here are dual discerning examples from a book that illustrate some of a problems in meaningfully shortening universe poverty. First, a authors discuss a organisation of Buddhist monks who go to a Marina del Rey bay in a Los Angeles area and squeeze a catches of internal fishermen. Then, a monks recover their purchased fish behind into a sea, since they feel it's wrong to locate a fish in a initial place. This is positively an radical proceed to "do good," though a genuine doubt regards how effective this proceed is. Good intentions, sure, though how good do they work?
A second instance involves a suppositious conditions acted by Princeton University unsentimental philosopher Peter Singer: Suppose we are during a lake and we mark a tiny child drowning. Should we save this child, even if it means that we will ruin, say, $200 of your clothes? Most people would answer yes, of course. Okay, though Singer now asks either we should feel only as thankful to send a check for $200 to some organisation that helps save starving children. It's still $200, and there is still a awaiting of saving a child's life, though many people competence not see as transparent a tie between a dual suppositious situations as some unsentimental philosopher would. Perhaps some-more to a point, this arrange of proof competence not indispensably motivate a lot of giving, regardless of a efficacy of a organisation that's perplexing to save children. Appealing to people regulating such proof competence also paint good intentions. But does it work well?
The authors competence systematise a instance of a monks as some-more of an romantic response to a viewed problem, and a logic comparing a drowning child and giving to assist agencies as a super-rational approach. However, many of a world's people are somewhere between these examples. Basically, this book develops and promotes mixing behavioral economics and margin investigate to (1) know problems compared to misery and (2) pursue severe analysis. Behavioral economics, where consumers, businesses, governments, etc. are treated not simply as ideally receptive "econs" (a tenure a authors borrowed from a book "Nudge," by Richard Thaler and Cass Sunstein) is maybe a hottest area of economics research nowadays, since it softened explains real-world tellurian behavior. (That's one reason because we purchased this book. we am preoccupied by behavioral economics studies.)
Simplifying a good deal, when it comes to elucidate real-world problems per craving and poverty, good intentions competence simply be not good enough. Givers (which hopefully embody many people reading this review) need to ask questions about a incentives combined and a expected outcomes compared with a many ways to approach support toward needy people. That is, they need to ask such questions if they wish to softened weigh a outcomes compared with their giving. Although any reader competence take something somewhat opposite from this book, I'd advise that many readers will turn some-more sensitive givers. And that's unequivocally this book's impact.
16 of 17 people found a following examination helpful.
Very ominous and enchanting reading
By Debbie
"More Than Good Intentions" focused on what programs (or collection of programs) indeed achieved their design of assisting a poor. The authors talked about a studies they've finished on this and explain their commentary about what works, what doesn't, and how several programs competence be improved. The authors acknowledge that people don't always act in their long-term best interest, so we need to know because a bad act in certain ways, cgange programs to take that into account, and exam those programs to see if they're working.
The book was easy to examination and really engaging. It contained engaging stories of genuine people that were impacted by these programs. I'd rarely suggest this book to those who present income to organizations that assistance a bad and to a people who run these programs.
The topics a authors lonesome were their studies on how to "sell" a module to bad people (as in, get them to use it), several forms of microfinance programs (individual, group, along with simple business training, along with specific business advice, etc.), microsavings programs, rural programs, educational programs, and health programs (including reproductive health). The final section listed a 7 programs that they discussed that they're a many vehement about.
This book was a examination duplicate supposing by a publisher as an eBook by NetGalley.
13 of 14 people found a following examination helpful.
Combines a conduct and heart of philanthropy
By Joseph Grenny
Karlan and Appel plea those of us who like to consider we're creation a disproportion in a universe to consider some-more about a work. Whether you're essay a check, heading a nonprofit, or advocating for change, this book should be compulsory reading before we leave a residence Monday morning. The authors are during once both superb storytellers and clever amicable scientists. This is a fascinating read, filled with surprises, and unsentimental collection we can use to surprise all of your efforts to make a disproportion in a world. we rarely suggest it!
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