1
of
1
Poor Economics
The Surprising Truth about Life on Less Than $1 a Day
Brief Description
A fully updated edition of the seminal work in which the Nobel Prize-winning economists upend assumptions by revealing the unexpected choices that the poorest people make. Why would a man in Morocco who doesn't have enough to eat buy a television? Why do the poorest people...
Read More
Format: Paperback / softback
$3000
Unit price
/
Unavailable
AVAILABLE WITH SUPPLIER
Ships from our Auckland warehouse within 4-6 weeks
Found a better price? Request a price match
Poor Economics
$3000
Unit price
/
Unavailable
Book Hero Magic formatted this description to make it easier to read. While it's new and
still learning, it may not be perfect - your
feedback is welcome!
Description
A fully updated edition of the seminal work in which the Nobel Prize-winning economists upend assumptions by revealing the unexpected choices that the poorest people make.
Why would a man in Morocco who doesn't have enough to eat buy a television? Why do the poorest people in India spend 7 percent of their food budget on sugar? Does having lots of children actually make you poorer?
This eye-opening book overturns the myths about what it is like to live on very little, revealing the unexpected decisions that millions of people make every day. Looking at some of the most paradoxical aspects of life below the poverty line—why the poor need to borrow in order to save, why incentives that seem effective to us may not be for them, and why, despite being more risk-taking than high financiers, they start businesses but rarely grow them—Banerjee and Duflo offer a new understanding of the surprising way the world really works.
This fully revised edition of Poor Economics is updated with two new chapters that bring further insights from the last decade of research.
Book Details
INFORMATION
ISBN: 9781837312405
Publisher: Penguin Books Ltd
Format: Paperback / softback
Date Published: 27 November 2025
Country: United Kingdom
Imprint: Penguin
Audience: General / adult, Tertiary education, Professional and scholarly
DIMENSIONS
Spine width: 22.0mm
Width: 129.0mm
Height: 197.0mm
Weight: 296g
Pages: 400
About the Author
Abhijit V. Banerjee (Author) Abhijit Banerjee, winner of the 2019 Nobel Prize in Economics, is the Ford Foundation International Professor of Economics at the Massachusetts Institute of Technology, and a co-founder and co-director of the Abdul Latif Jameel Poverty Action Lab (J-PAL). In 2011, he was named one of Foreign Policy magazine's top 100 global thinkers. Banerjee served on the U.N. Secretary-General's High-level Panel of Eminent Persons on the Post-2015 Development Agenda. Esther Duflo (Author) Esther Duflo, winner of the 2019 Nobel Prize in Economics, is the Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics in the Department of Economics at the Massachusetts Institute of Technology and a co-founder and co-director of the Abdul Latif Jameel Poverty Action Lab (J-PAL). Duflo is a member of the American Academy of Arts and Science, and has received numerous academic honors and prizes including the Princess of Asturias Award for Social Sciences (2015), the Infosys Prize (2014), the Dan David Prize (2013), a John Bates Clark Medal (2010), and a MacArthur \"Genius Grant\" Fellowship (2009).
Also by Abhijit V. Banerjee
View all-
Poor Economics
Poor Economics by Abhijit V. Banerjee and Esther Duflo is an illuminating exploration into the daily lives of the world's poorest citizens. Through groundbreaking research and compelling narratives, the authors challenge conventional wisdom and offer profound insights into the lives of those living on less than $1 a day. From rural villages in India to urban slums in South America,...Paperback$2800Elsewhere:$3000Unit price /UnavailableIn StockShips tomorrow -
Good Economics for Hard Times
Good Economics for Hard Times by Nobel Prize-winning economists Abhijit V. Banerjee and Esther Duflo is an enlightening exploration of how modern economic theories and policies can be designed to tackle the most challenging social and political issues of our era. Deftly combining rigorous analysis with a profound understanding of human behaviour, Banerjee and Duflo illustrate that when approached correctly,...Paperback$2400Elsewhere:$2600Unit price /UnavailableIn StockShips tomorrow
Also by Esther Duflo
View all-
Poor Economics
Poor Economics by Abhijit V. Banerjee and Esther Duflo is an illuminating exploration into the daily lives of the world's poorest citizens. Through groundbreaking research and compelling narratives, the authors challenge conventional wisdom and offer profound insights into the lives of those living on less than $1 a day. From rural villages in India to urban slums in South America,...Paperback$2800Elsewhere:$3000Unit price /UnavailableIn StockShips tomorrow -
Good Economics for Hard Times
Good Economics for Hard Times by Nobel Prize-winning economists Abhijit V. Banerjee and Esther Duflo is an enlightening exploration of how modern economic theories and policies can be designed to tackle the most challenging social and political issues of our era. Deftly combining rigorous analysis with a profound understanding of human behaviour, Banerjee and Duflo illustrate that when approached correctly,...Paperback$2400Elsewhere:$2600Unit price /UnavailableIn StockShips tomorrow
More from Education & Reference
View all-
Revenge of the Tipping Point
Twenty-five years after the publication of his groundbreaking first book, Malcolm Gladwell returns with a brand new volume that reframes the lessons of The Tipping Point in a startling and revealing light. What does the heartbreaking fate of the cheetah tell us about the way we raise our children? Why do elite universities care so much about sports? What is...Paperback$2999Elsewhere:$3999Unit price /UnavailableAvailableShips in 4-6 weeks -
The Body Keeps the Score
The Body Keeps the Score by Dr Bessel van der Kolk is a compelling and compassionate exploration of the deep-seated impact of trauma on the human body and mind. This groundbreaking work delves into the complex causes of trauma and paints a vivid picture of the revolutionary treatments that are enabling countless individuals to reclaim their lives filled with purpose...Paperback$2400Elsewhere:$3000Unit price /UnavailableIn StockShips tomorrow -
New ReleaseThe Age Code
What if the food you eat could rewind your biological clock? 'Clear and compelling' — Chris van Tulleken 'Really interesting and insightful' — Joe Wicks 'Fascinating' — Tim Spector From the rising incidence of cancer in the under-50s to increased infertility rates, there are signs everywhere that growing numbers of us are ageing too quickly. Why? Many believe there’s one...Paperback$2999Elsewhere:$3799Unit price /UnavailableIn StockShips tomorrow -
Signed CopyNew Release"What Were You Thinking!?"
Everything parents need to know about their baby, child or teen's developing brain to raise resilient, emotional intelligent kids, by globally renowned neuroscience educator Nathan Wallis. 'What were you thinking!?'If you've ever asked this in despair while watching a toddler melt down, a tween push boundaries or a teenager make a truly terrible decision, this book is for you.In "What Were...Paperback$3299Elsewhere:$3999Unit price /UnavailableIn StockShips tomorrow -
One Last Question, Prime Minister
From Muldoon to Luxon, untold stories from the House of Parliament Barry Soper has spent close to five decades questioning New Zealand's prime ministers.From the imposing, larger-than-life characters of Rob Muldoon and David Lange, to the golden age of Helen Clark and John Key, and the post-Covid era of Jacinda Ardern and the 'Chrises', Soper's insight and nose for a...Paperback$3199Elsewhere:$3999Unit price /UnavailableIn StockShips tomorrow -
New Release2027 Witch's Diary - Southern Hemisphere
From the bestselling authors of Spellcasting, which has now sold over 250,000 copies worldwide, comes the essential witchy journal to plan your days, harness magick, and connect with higher powers. Features include: 8" x 6" (8" x 12" open) Beautiful glossy gold gatefold cover Compact size, perfect to carry in your bag and keep on you throughout the day 12-month...Paperback$1999Elsewhere:$2299Unit price /UnavailableIn StockShips tomorrow -
New ReleaseRegime Change
From the two reporters who have covered him more closely than perhaps anyone else over the past decade comes this definitive portrait of Donald Trump in the White House and the first year of his second presidency. Based on hundreds of interviews and unprecedented reporting from deep within the administration’s most closely guarded rooms, Regime Change takes the reader into...Paperback$3299Elsewhere:$4299Unit price /UnavailableIn StockShips tomorrow -
Signed Copy
Go Hard or Go Home
From the front bench to rock bottom: Go Hard or Go Home is Kiri Allan's fearless memoir of ambition, disruption and survival in NZ politics and beyond. Kiri Allan's six-year political career spanned some of the most challenging times in recent history. Events a government might encounter once in a generation stacked up: a terrorist attack, a volcanic eruption, destructive and deadly...Paperback$3199Elsewhere:$4000Unit price /UnavailableOut 4 Aug 2026Pre-order -
Roadmap to Property Success
Ready to ditch the 9-to-5 and build lasting wealth through property? In Roadmap to Property Success, seasoned investor and coach Steve Goodey shares the exact strategies that helped him – and thousands of Kiwis – build sustainable property portfolios from scratch. With real-life lessons, hard-won wisdom, and zero sugar-coating, this is your no-BS guide to property investing in New Zealand....Paperback$3199Elsewhere:$3999Unit price /UnavailableIn StockShips tomorrow -
Maori Made Easy Workbook 1/Kete 1
Maori Made Easy Workbook 1/Kete 1 by Scotty Morrison is the ultimate companion for anyone eager to learn the beautiful and complex Maori language. Whether you're starting from scratch or looking to brush up on your skills, this workbook offers a structured and engaging way to immerse yourself in te reo Maori. Designed to be accessible regardless of your starting...Paperback$2000Elsewhere:$2500Unit price /UnavailableIn StockShips tomorrow -
New ReleaseSuicidal Empathy
The bestselling author of The Parasitic Mind shows why empathy in politics leads to civilizational collapse. What happens when a society elevates victimhood to a virtue and decides that punishment is cruel? You get the disease Dr. Gad Saad calls suicidal empathy. And the West may be terminally infected. In his new book, Suicidal Empathy, Saad unleashes a blistering critique...Paperback$3099Elsewhere:$3799Unit price /UnavailableIn StockShips tomorrow -
Strangers
The must-read memoir of the end of a marriage and the start of a personal revolution, based on the iconic Modern Love essay in the New York Times and perfect for fans of Glennon Doyle. "A beautifully written eulogy for the loss of a relationship" — Joyce Carol Oates How do we go on when a loved one betrays us?...Paperback$3299Elsewhere:$4000Unit price /UnavailableIn StockShips tomorrow
Why buy from us?
Book Hero is not a chain store or big box retailer. We're an independent 100% NZ-owned business on a mission to help more Kiwis rediscover a love of books and reading!
Service & Delivery
Our warehouse in Auckland holds over 100,000 books, toys, board games and puzzles in-stock so you're not waiting for your order to arrive from overseas.
Auckland Bookstore
We're primarily an online store, but for your convenience you can pick up your order for free from our bookstore, which is right next door to our warehouse in Hobsonville.
Our Gifting Service
Books make wonderful thoughtful gifts and we're here to help with gift-wrapping and cards. We can even send your gift directly to your loved one.
