MIT professor Esther Duflo has helped transform the field of developmental economics by applying a scientific approach to policy interventions focused on alleviating global poverty.
Dr. Esther Duflo has just become the second woman in history and the youngest person ever to win a Nobel Prize in Economics! The 46-year-old MIT professor shares the prize with her husband, Dr. Abhijit Banerjee, and colleague Dr. Michael Kremer; together they have helped millions of people around the world with their research to develop practical interventions to alleviating global poverty. “In just two decades, their new experiment-based approach has transformed development economics, which is now a flourishing field,” the Royal Swedish Academy of Sciences said in today's prize announcement. After learning of her Nobel win, Duflo said she was "humbled" and, in light of how underrepresented women are in the field of economics, she hopes that it will "inspire many, many other women to continue working and many other men to give them the respect that they deserve like every single human being." Continue reading Continue reading