NormanMacrae.net -Economist pro-youth economist -bravo sir fazle abed & jack ma
Index to other chapters
1 Massive Open Online Education
3 Mobilising Nurses as number 1 grassroots information networkers of 21st C - any nation that is finding healthcare costs spiraling will probably find this is the last gamechanger back to affordable and accessibility of quality healthcare for all
4 Reforming professionals as win-win-win modellers across borderless planet -IF professions don't have the goodwill and Hippocratic honor to apply this to mapping system dynamics, who will?
5 Locally abundant clean energy, water and nutrition -to make a unstoppable start to replacing carbon and chemical chains with nature's green abundancy we urgently need to celebrate bottom-up and collaborative modeling as much as her evolutionary principles do
lessons from incident - world congress first week april 2013 wash dc
Calendar with readings
1. WEEK 1: Introduction
(a) Introduction I: What this class is about!
(b) Introduction II: What is a poverty Trap
_ * Poor Economics: Chapter I AND pages 19-22 in Chapter 2
(c) Introduction III: Learning what works: the role of experiments
_ * EXTERNAL VIDEO TO WATCH IN ADVANCE: Esther Duflo’s TED
Talk "Social Experiments to fight poverty"
_ * Post and Discussion by Mead Over from Dani Rodrik’s blog on January
15, 2008 (“Jeff Sachs Vindicated”/ "Jeff Sachs not vindicated")
2. WEEK 2: FOOD
_ Food II: Is there a nutrition based poverty trap–The demand for food and
– * Poor economics: Chapter 2: pages 22-28
– *The Indiana Jones of Economics, Part I, II, III (Freakonomics Blog post
by Robert Jensen on his work on Giffen goods).
_ Food III: Is there a nutrition based poverty trap–The hidden trap.
– * Poor economics: Chapter 2: Pages 28-40
3. WEEK 3: HEALTH
_ Health I: Delivering Healthcare, a Case Study from India NB: No lecture video
for this class: instead, watch the documentary film, and answer some questions.
– * Udaipur Case Study
– Film: The Name of the Disease (2006). Edited by Sumit Ghosh. Directed
by Abhijit Banerjee, Arundhati Banerjee and Bappa Sen.
_ Health II: Low Hanging fruit: Understanding health care behavior in developing
– * Poor Economics: Chapter 3
4. WEEK 4:EDUCATION
_ Education I: Setting the stage
– * Easterly, William (2002), “Educated for What?”, Chapter 4 in The Elusive
Quest for Growth: Economists’ Adventures and Misadventures in the
Tropics, MIT Press
– * Case, Anne, “The Primacy of Education”, Chapter 18 in Understanding
_ Education II: How to Make Schools Work for the Poor: Pratham’s experience
– * Banerjee, Abhijit, Shawn Cole, Esther Duflo and Leigh Linden (2007),
“Remedying Education: Evidence from Two Randomized Experiments in
India,” Quarterly Journal of Economics, 122(3), pp 1235-64.
_ Education III: Beyond Supply and Demand wars...
– * Poor Economics: Chapter 4
5. WEEK 5: FAMILY
_ Family I: What drives Fertility decisions?
– *Poor economics: Chapter 5. Pages 103-123
_ Family II: Household model and discrimination against girls
– * Poor Economics: Chapter 5. pages 123-129
– * Amartya Sen "100 million missing women" New York Review of Books
6. WEEK 6: Risk and Insurance
_ Risk and Insurance I
– * Besley, Timothy, “Nonmarket Institutions for Credit and Risk Sharing in
Low Income Countries,” Journal of Economic Perspectives, 9, pp 115-127.
_ Risk and Insurance II
– * Poor Econonomics: Chapter 6
7. WEEK 7: CREDIT
_ Credit I: The not so simple economics of lending to the poor [lecture 17]
– * Poor Economics: Chapter 7 Pages 157-168
_ Credit II: peril and promises of microfinance [lecture 19]
– Newpaper articles on microcredit : Financial Times ("Microcredit is not
the ennemy")-The economist ("Big Troubles for Microfinance" -New York
times Yunus Oped "Sacrificing Microcredit for Megaprofits")
_ *Poor economics: Chapter 7 Pages 168-180
– Banerjee, Abhijit, Esther Duflo, Rachel Glennerster and Cynthia Kinnan
(2009), “The Miracle of Microfinance? Evidence from a Randomized Evaluation,”
working paper, MIT.
8. WEEK 8: SAVINGS:
_ Savings I
– *Poor economics: Chapter 8
_ Savings II
9. WEEK 9: THE POOR AND THEIR BUSINESSES
_ The poor and their businesses
– *Poor economics: Chapter 9
10. WEEK 10: INSTITUTIONS
_ Policy, politics
– * Poor economics: chapter 10
11. WEEK 11: CONCLUSION
_ In place of a sweeping conclusion
– * Poor economics, conclusion