Esther Duflo, Nobel Prize-winning economist - BBC HARDtalk
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- Опубліковано 19 чер 2024
- Shaun Ley speaks to the Nobel Prize winning economist Esther Duflo. The experimental trails she ran with two colleagues in Africa and India produced some surprising results. Among their findings: food aid isn’t helping the poor, and the poorest kids don’t need more books, they need more time. A fashionable idea wins the Nobel Prize. But can economists offer big solutions to the world's problems?
"While economics is about how people make choice, sociology is about how they don't have any choice to make." Bertrand Russell
That is a beautiful quotation Hamid sahab
Hamidreza Nassiri
Well, do we have choice or not?
She was patient, concise and professional. Way to go professor duflo. Un grand bonjour de belgique madame esther!
She answered questions perfectly on point didn't shy away when asked on cons about theory , didn't try to change topic like politicians.I need to watch more videos like this..
Good interviewing by a man who understood most of the issues.
Loved this interview, she understands the critique of her work, and challenges it in the perfect way. She shows how the little things matter. I was dismissive of her work a couple years back but have grown to appreciate what she does and her contribution to the field immensely.
"Economics is always more of a state science and is, as a result, haunted by state thinking: being constantly preoccupied with the normative concerns of an applied science, it is dependent on responding politically to political demands, while at the same time defending itself against any charge of political involvement by the ostentatiously lofty character of its formal, and preferably mathematical, constructions." Pierre Bourdieu, one of the greatest sociologists of all time!
@The Sperminator Just FYI, I have a medal in physics olympiad AND I'm writing a dissertation with a sociological approach. Try this somewhere else. Thanks.
Thank you for the Bourdieu quote; where is it from? And, btw, what’s your dissertation about, if you don’t mind me asking?
Pemenang Nobel Ekonomi 2019, Esther Duflo yang objek penelitian ekonomi dan pendidikannya di Indonesia mengenai SD Inpres. Ia merupakan salah seorang pemenang nobel ekonomi yang cerdas, genius, original, keras, pro kebijakan kaum miskin, pro keadilan ekonomi global, objektif dan inovatif serta futuristik.
Great presentation
She might be skeptical in the power of systems to affect change but Its the efforts she has to break problems apart from the fundamental that will eventually lead to carefully crafted policies that will lead to systemic changes in developing countries.
No one , none will exchange power for poverty. Maybe exchange power for having less but certainly not for poverty.
Respected Esther Duflo garu . Congratulations win Noble Award. ONCE VISIT INDIA AP STATE. THANK you .
Welcome hard talik BBC news world platform
poverty is not an accident. it is designed by the structures we create to deliberately produce power. then power gives birth to poverty
@The Sperminator toothpaste memes
@The Sperminator you seem very familiar with poop and shoot. However not all people share your exotic appetite.
je suis très fier de toi cher duflo madame
How can I translate to Hindi
First translate it from French to English then to Hindi. 😂😂
@@rizcheema1254 where Bro? How can I translate video?
vinay thakur I was just kidding as she has a strong french accent (no offence). It’s a great interview by the way. I am not sure how you could translate that into Hindi. Probably get help from a friend who has a good command of both languages, English and Hindi. She has presented some “think out of the box” ideas for the economists and world leaders.
@@rizcheema1254 it's OK bro. Thank you. R u in usa Now?
Hi , this video , has subtitle in many language , i tried to see and write to you , how you find the subtitle , i saw it has for example sub tittle in Gujarati and other languages . I was trying to find out so i could write to you how to find it , once i could find different sub tittles but i could not remember how i find the subtitles , I think , when you run the video , in the right side bellow in screen , you can see something right subtitle CC , then you have to ckick on it
or click on " setting " try , this method , I can not remember the exact way , because it is very time consuming , But I am SURE that there should be hindi or Gujarati subtitle and when you choose it you can see the subtitle
I hope it helps
I am a Pakistani and , only naturally ,very respectful of this woman's attempt at tackling the problem of poverty in societies like the indian and african . Yet this advocacy of micro managing , perhaps , some of the symptoms/features of poverty in our society can only go too far in terms of addressing this problem . For example , the current status quo or imbalance of wealth bw the west and east and the consequent impact on the quality of life is to a degree , as historians like eric osborne would perhaps argue , partly a result of the colonial legacy of sophisticated plunder of the poor/indigenious/colonised by their imperial masters . This imperialism , to a degree , is still quite evidently at display today, insofar as the international playing field still tends to favour the white/western over the brown/asian eastern .
How one brings about a more equitable/egalitarian international distribution of power inorder to address endemic poverty in some countries and "teach them to fish" per se , is perhaps the point im trying to drive home . An academic approach to poverty alleviation devoid of the political/historical dimensions , good and honourable as it may be , is an incomplete attempt at best .
Edit : I must , however , confess my lack of any in depth understanding of economics and the research work it entails and , therefore , only respectful in terms of my disagreement with this esteemed scholar as a layman .
All brilliant economists worldwide can't suceed in fighting poverty while incompetent nd corrupt governments are unwilling t change their behaviours towards the poor nd the dispossessed, nd the most untenable barrier is the capital system encouraging the greedy, the landlords nd CEO of big industrial nd digital companies with no fair taxation plan.....
Excellent Esther Duflo but sadly bad conducted interview, like a lot of things these days at the BBC and a reason why I stopped watching it.
Democracy can never co-exist with pure or unregulated capitalism because they are the opposite to each other. Democracy means that the governing system is set up by the voters and for the voters or the people of a country, whereas the nature of pure capitalism is limiteless or bottomless greed for material values, its mechanism is exploitation of the working class as much as posible, and its sole goal is to accumulate material values for only a small number of individuals, but not the interests of overall society . So, when you have a governing system of the combination of the two opposite ideologies, you will only have a sham or fake democracy under control of capitalists who occupy and manipulate the national economy
That is why there are more and more poor people and the vast gap between the under 1% rich individuals and the over 95% working class of the population keeps widening in capitalist countries where capitalism has not been regulated
Poverty is a consequence of ignorance or lack of knowledge, and lacking knowledge makes people vulnerable to political and economic manipulation, exploitation and even oppression. Even when you invest hundreds of billions of dollars in economic developments for an impoverished population of any part of the world where people are either illiterate or under-educated, you will still not be able to eradicate poverty there without educating them because no matter how much money they can get, being ignorant will never lead them to anywhere else other than the same position at the bottom of society , having no knowledge of how to use money usefully for themselves. Oppositely, if you educate them, they will be able to get out of poverty by themselves in the end, after having been provided needed knowledge, and being able to think of new ideas and inventions to create umployment for themselves, unstead of being so desperately and pathetically dependent on employers or capitalists. So, the decisive factor to help the poor to catch up with the rich is to provide them needed knowledge, but not really jusr to provide them money or economic investemts. It is also true to poor people in developed or rich countries..
Globalisation or global spread of unregulated capitalism disguised under the delusional doctrine of " free trade" is the root of the causes of increasing poverty among the working class in both developed countries in the contnents of Europe, America, starvation or hunger in poor countries in Africa, and the destruction of the living environment on this planet, which is most obviously exposed in developing countries where the labour costs are the cheapest, and the most capitalists have been investing in. Monopoly expressed in a number of large multi-national coporations' controlling , and manipulating global production , supplies, transportation and storage of commodities of all sorts is the very sophisticated form of massive global capitalist exploitation to serve merely a number of individual billionaires in the world while pushing more and more of the rest of the world population into poverty and miserable living conditions for sub-humans. Genetically engineered seeds for cash crops, genetically engineered livesock and monoculture have been destroying the abandant resources of the natural chain of food production which are more than enough for all the species on this planet. .Human-made toxins used to destroy natural species indispensible in the natural chain of food production to increase the outputs of profitable capitalist products, and globally exhausting natural food resources to serve capitalist profits for the small number of such individuals to keep accumulating material values are the roots of the current food shortages in many countries
So, as long as the globalisation of pure capitalism expressed in forms of multi-national corporations' control of global production, supplies, transportation and storage of food and other commodities still exist, the excessively unproportional current distribution of natural and artificial resources, causing more and more severe poverty among the working class, and more and more human destruction of the living environment on this planet will still exist
I thought it was Corey Feldman in the thumbnail lol 😂
It’s like admitting that Macroeconomic policy in Developing Countries will never change so might as well just go with the pragmatic approach. Because it’s difficult to intervene in politics.
What a terrible conclusion and not ar all what she said. Its about finding causality and effectiveness. Testing what works and doesn't to arrive to much larger conclusions. Like all science is made. They don't ask how to reform the whole health system and why do we can humans get sick in the first place when making a vaccine for an specific disease.
Nope. Just admitting that it's not working, and acting within your influence instead of your ideology.
Good interview but she's far too apologetic about capitalism's failures.
Sir Amic Varze
I just can't wait for that perfection that will replace capitalism. I wonder what we'll name it?
@@ciaraann6377
You rate piracy as perfection?
You must be a Communist. Go to North Korea.
Pie dog
A bit disappointing. Sounds to me that she is saying that poverty is merely a matter of engineering (policy), and not so much politics.
Yes, ultimately only policy structurally creates and perpetuates Poverty. It's in an entirely different realm that Policy itself is directly influenced and corrupted by Politics. And I think she is being a professional here, in the sense that she is more interested in explaining her work which she has so much expertise on, doesn't mean she doesn't acknowledge the Politics of it.
@@rohithittireddy that's certainly plausible and we could debate this based on this small interview; however she wrote a paper titled "Economist as Plumber" where she articulates something akin to the view point that economics should be at least as messy as engineering (and precisely like plumbing). While I agree that in a perfect world this should be case, ignoring structural issues will inevitably lead to bandaid policy. I get the feeling that her viewpoint is that "the structure is a given so stop complaining (you marxist types) and let's be practical about it!"
@@dujondunn2306 I have no knowledge of the paper, and I was entirely basing me reply on this interview, but I think I get your theme, you are pointing out they are pushing Economics so close to other traditional Sciences that they are almost ignoring Economics' close connection to other societal and political realities, in essence you can make the study as scientific as you want, but it still is a Humanities subject. Correct me if I have mischaracterized you.
@@rohithittireddy Entirely. Policy doesn't exist in a vacuum. So one may be engineering solutions for a given structure that is the cause of the problem to begin with. If her view was that we must craft a range of policies which take into account current realities as well as future structural issues then I could agree with her, but she seems not be entirely interested in fundamental social structures. Appearing to almost take them as given or unimportant.
So you sound like a Communist to me
Mera Maqsaq Sirf Aur Sirf Yahi Hai K Main English Samjh Jaun
This interview needs subtitles.
As a french native speaker, I am sorry to be so snobbish as to second what you say though I haven't done nearly as much useful work for the world as she has. I myself have strong difficulties understanding 25% or her words
Huh! Actually the subtitle function does quite a good job here, I must say!
I never knew cory feldman was trans.
Is that a man?
No dude. 🤦🏻♂️🤦🏻♂️