Duflo, who is married to Banerjee, and Kremer will also donate their Nobel prize money
In a world of crushing inequality and aggregate demand stagnation, the new laureates bring some cheer in showing us that incremental changes pursued steadfastly can add up to a lot
This could eventually lead to better understanding of places where life is most likely to exist
Abhijit Banerjee, who recently won the Economics Nobel Prize, along with Esther Duflo and Michael Kremer, spoke to Rajesh Kumar about the concerns facing the Indian economy; here are the highlights
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"
Priyanka Gandhi was attacking Union minister Piyush Goyal after Goyal said Nobel Laureate Banerjee is left leaning and the idea of NYAY proposed by Congress was rejected by the people of India
Although Abhijit likes to focus on data and has a passion for mathematics, which Nirmala puts it, is logic explained in theories, the Nobel laureate has a liking to associate with people
Immigration and growth would help more than addressing the winners' 'manageable questions.'
Abhijit Banerjee and Esther Duflo of the MIT, and Micheal Kremer of Harvard University, have been awarded for their experimental approach to alleviating global poverty
The Nobel Prize just awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer is the second in five years to be won by development economists
Amartya Sen was the first Indian economist to win the Nobel Prize in 1998
On Monday, Congress president Sonia Gandhi and Rahul Gandhi had also hailed Banerjee for winning the Nobel
Abhijit Banerjee, Esther Duflo and Michael Kremer have won the 2019 Nobel Economics Prize for their work in fighting poverty.
Econ Nobelists transformed policy evaluation
"In the last five-six years, at least we could witness some growth, but now that assurance is also gone," Banerjee told a news channel from the US
Born in Mumbai, the 58-year-old economist is currently the Ford Foundation International Professor of Economics at the US-based Massachusetts Institute of Technology
The 2019 Sveriges Riksbank Prize in Economic Sciences has been awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer "for their experimental approach to alleviating global poverty"
Fundamentally, both Romer and Nordhaus have contributed to the economics profession in the same way
A premise of his research was that the environment is a public good
So far, no one researching how policies work in the real world has won