Esther Duflo: Social experiments to fight poverty
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@keochk The nets are not the end goal BUT it is the cheapest way to save 10's of millions of people every year!!!!!!!!!!!!!!!!!!!!!!! So lets pony up for the nets and save these people!
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This is probably the most groundbreaking TED presentation on poverty alleviation I've seen. If she also put in the idea that African governments should be involved from step one it might have been better.
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it's weird to realize that field experiments with RCTs only started to become economic notions back in the 80s, and even then they didn't have much traction
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My question:
Why didn't economists think of doing randomized trials earlier? Instead we had economists pretending to be mathematicians and physicists coming up with all kinds of incomprehensible equations that did not help to solve one single problem in the world.
On the contrary, many of the theories concerning free markets like the Washington Consensus ended up hurting entire countries.
And also central bankers who bail out wall street banks.
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24 people thought zee french acc-ent vas too strong, eh?
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Bravo!
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I for one don't believe bednets are a good enough prevention treatment to malaria. And medication is expensive.
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you say birth control and i say education education education !!
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@Clausfarre The point of Esther's presentation is that you can't go about things by simply doing them. The majority of the population in Sub-Sahara Africa believe that any form of contraceptives are a kind of witch craft. You can't simply hand them a condom and believe they're going to know how to use it and that it'll actually be a good thing. They need to know what it is and its use. Another point is that those families with multiple children have them to help out with labor. Gather your facts
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The Russians do the same thing. People need their stuff.
It is great to know that a lot of people didn't listen to or comprehend what the speaker was talking about, but are instead content to share their brilliant ideas for panaceas that will solve the world's problems. Bravo!
MrStartingGun 1 year ago 12
love the accent
fauxman 1 year ago 2