Lucknow, Feb. 2 -- Nobel laureate economist Prof. Abhijit Banerjee, who received the 2019 Nobel Prize for Economics for his experimental and innovative approach to reducing global poverty, said that solutions to complex problems like poverty and hunger do not come from grand pronouncements, but from ground-level experiments and micro-level policy reforms.
He emphasised that policymaking today should be based on concrete evidence, not "assumptions." Prof Banerjee said this while delivering a lecture at the Malviya Auditorium of Lucknow University on Monday organised in collaboration with the Mahindra Sanatkada Lucknow Festival.
His lecture focused on the second edition of his previously published book --Poor Economics: A Radical Rethinking...