Goyal called Banerjee "totally Left leaning" and said "the people of India have rejected his thinking". Sinha said, "Those people whose second wives are foreigners are mostly getting Nobel Prize"
15 economists, including past Nobel laureates say relying on RCTs to guide welfare and aid spending will lead to short-term, superficial and misplaced policies
A popular conception of economists is that they're the high priests of the free market, downplaying the role of government and giving short shrift to the needs of society's poorest
Banerjee, Duflo and Kremer together have launched a movement within development economics
"This year's Laureates have introduced a new approach to obtaining reliable answers about the best ways to fight global poverty," the academy said in statement
He won the prize for his pioneering work to bridge the gap between economics and psychology