"However, this kind of research often shows that people do not always act to maximize their financial gains, contrary to what some economists have theorized, and suggests that aid programs should be tailored to local cultures and economic practices."
It sounds like she must have had some exposure to anthropology with the way she is carefully taking into account local cultures and economic practices before attempting to develop an economic plan.
She seems like quite the innovator. The program she has created has made it effective and efficient to run field experiments, and this infrastructure will probably lead to a much higher number of meaningful studies in the future. She has essentially laid the groundwork for progress in the field.
http://mitworld.mit.edu/video/375
ReplyDeletegreat lecture by her:
Fighting Poverty: What Works? The Work of the Abdul Latif Jameel Poverty Action Lab at MIT
"However, this kind of research often shows that people do not always act to maximize their financial gains, contrary to what some economists have theorized, and suggests that aid programs should be tailored to local cultures and economic practices."
ReplyDeleteIt sounds like she must have had some exposure to anthropology with the way she is carefully taking into account local cultures and economic practices before attempting to develop an economic plan.
She seems like quite the innovator. The program she has created has made it effective and efficient to run field experiments, and this infrastructure will probably lead to a much higher number of meaningful studies in the future. She has essentially laid the groundwork for progress in the field.
ReplyDelete