Abhijit Banerjee Quotes


Whenever we try something new, mistakes will happen. Seemingly good ideas will fail and need to be re-thought.


Citations

Banerjee, Abhijit V., and Esther Duflo. Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty. PublicAffairs, 2011.

Related Quotes

This was very consistent with the programmatic philosophy of his boss, FDR, who campaigned on no specific solutions to the Great Depression but promised to try things and of the did not work, try others. His predecessor, Hoover, would try nothing as most ideas contradicted his philosophy or was not favored by the wealthy business interests of the day.


Abhijit Banerjee
Abhijit Banerjee
  • Born: February 21, 1961
  • Nationality: American
  • Profession: Economist

Abhijit Vinayak Banerjee is an Indian-born American economist who is currently the Ford Foundation International Professor of Economics at Massachusetts Institute of Technology. Banerjee shared the 2019 Nobel Memorial Prize in Economic Sciences with Esther Duflo and Michael Kremer "for their experimental approach to alleviating global poverty". He and Esther Duflo, who are married, are the sixth married couple to jointly win a Nobel Prize.