Nobel Prize in Economic Sciences

Winners of Nobel Prize in Economic Sciences

As we learned from Dr. Wydick and Dr. Neihaus when they spoke at PLNU in September, identifying the most effective forms of poverty alleviation is quite challenging. While this current emphasis on experiment-based research has dramatically improved the practitioner’s ability to enrich the lives of the most impoverished people on our planet, much work remains. According to the World Bank, over 700 million people still live on less than $1.90 per day and half of world’s children leave school without basic literacy and numeracy skills.

Here at the CID we are excited to be on the cutting edge of this exciting paradigm shift and we look forward to continuing to develop students who are learning the most impactful ways to meet the needs of the most marginalized people in our world by being the hands and feet of Jesus to those in need.

Further information

Esther Duflo in a TED talk about her research: Social Experiments to Fight Poverty www.ted.com/talks/esther_duflo_social_experiments_to_fight_poverty/transcript

Michael Kremer in a YouTube lecture: The Origin and Evolution of Randomized Experiments in Development www.youtube.com/watch?v=YGL6hPgpmDE