How to break away from poverty? 2021 [Nobel Economics Prize explained]

Описание: Why are poor people poor? It is a classical problem and most of us are not rich and have experienced poverty at some stage in our life.

Abhijit Banerjee, Esther Duflo and Micheal Kremer who won the 2019 Nobel Economics Prize, spent over 15 years researching the 18 poorest countries and areas to find out the truth of poverty and explained to us why poor people are so poor.

Today, we will uncover the mysterious veil of poverty and maybe we can find some ideas to get out of it.

0:00 intro
0:45 confused and desperate about the situation
1:50 our minds are limited
3:30 hold the prejudice about something
4:16 solve the problem by giving support?
6:18 lottery winners
7:24 the reality is too limited
8:37 outro


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*This content is for educational purposes only, It is not intended to be investment advice.
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