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Posts by Abhijit Banerjee

Under the thumb of history?

In June 2021, Nobel Laureate Abhijit Banerjee (Ford Foundation International Professor of Economics, MIT) delivered the inaugural Shaibal Gupta Memorial Lecture organised by Asian Development Research...

  • Podcasts

How microfinance can help entrepreneurs escape the poverty trap

The idea of poverty traps being important for microenterprises is captured in the adage “it takes money to make money”. This article reports on a study following households in India exposed to dif...

  • Articles

Power to the people: The impact of political report cards in India

How do Indian voters react to information on the qualifications and performance of politicians?

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The economic and political consequences of India's demonetisation

The ruling party at the centre won the Uttar Pradesh state election despite its demonetisation policy having some negative economic impacts on the Indian economy. By combining primary data from survey...

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Promoting excellence in higher education in India

Over the years, the entire system of higher education in India has relentlessly bled talent. In this article, Abhijit Banerjee, Professor of Economics at MIT, discusses why this is so, and what can be...

  • Perspectives

On India's latest GDP numbers

India’s latest GDP data shows that the economy grew at 7% in the previous quarter, despite demonetisation. In this article, Abhijit Banerjee discusses why the new numbers are likely to be an overest...

  • Perspectives

Universal basic income: The best way to welfare

Abhijit Banerjee, Professor of Economics at MIT, suggests replacing welfare schemes of the government by a single universal basic income, which entitles every adult resident to a minimum weekly incom...

  • Perspectives

Intimidation, imitation, economics: Why youth are taking to terror

Men between the ages of 18 and 35 become terrorists, and it is the same demographic that supplies drug dealers, violent criminals, and foot soldiers of political parties. Abhijit Banerjee, Professor ...

  • Perspectives

Breaking the silence on growing intolerance

Recent violent incidents in the country indicate a growing intolerance towards those whom we disagree with, as well as an unwillingness of politicians to defend the rights of people to speak and live...

  • Perspectives

The need for police reform

The police in India are still mainly governed by the Police Act of 1861. In this article, Abhijit Banerjee, Professor of Economics at MIT, emphasises the need for police reform in order to check misu...

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What's the plan for MNREGA?

The new government’s plans to scale back MNREGA have elicited a mixed response. In this article, Abhijit Banerjee contends that both supporters and critics, and indeed the entire nation, deserve to ...

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The new plan body must have a certain oomph

PM Modi has announced that his government plans to scrap the six-decade old Planning Commission and replace it with a more contemporary think tank. In this article, Abhijit Banerjee outlines the vari...

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