meta_pixel
Tapesearch Logo
Log in
The Interview

Esther Duflo - Nobel Prize-winning economist

The Interview

BBC

Politics, News, Government

4.3538 Ratings

🗓️ 8 November 2019

⏱️ 23 minutes

🧾️ Download transcript

Summary

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 is this really a story of failure of economists to predict the financial crisis, and of economics to offer big solutions?

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to a podcast from the BBC World Service.

0:03.8

This is Hard Talk with me, Sean Lay.

0:06.1

Thanks for downloading this edition of the programme, and I hope you enjoy it.

0:09.8

Welcome to Hard Talk on the BBC World Service with me, Sean Lay.

0:13.7

We test the efficacy of drugs using randomised trials.

0:17.4

Why not test treatments for poverty the same way?

0:20.4

That's what Esté DuFlo and two of our colleagues

0:22.6

have been doing. As a result, they've demonstrated what's wrong with food aid and why the poorest kids

0:27.8

need more time than books and won the Nobel Prize for Economics to boot. But in focusing on what

0:33.4

works locally, are we in danger of missing the causes of inequality and of poverty?

0:39.0

Este de Flou, welcome to our hard talk.

0:41.5

In awarding the prize to you and your fellow economist, Abidette Banerji and Michael Kramer,

0:46.3

the Nobel Committee praised your experimental approach to alleviating global poverty.

0:51.4

How would you explain what you do?

0:53.3

First of all, you take a big problem, like, how are we going to eradicate poverty?

0:57.6

And you break it into manageable pieces, pieces that, you know, smaller questions, but questions

1:03.2

that admit rigorous answers. And then once you have one of those questions, you deploy something

1:09.0

which is very much like a randomized control trial

1:11.3

in medicine to test one approach against the other. So to give you an example, suppose that

1:17.6

you want to know how to motivate parents to take their kids to be immunized, you could set

1:25.0

up a randomized control trial where in some villages randomly chosen,

1:29.7

you work with a member of the communities that are going to mobilize parents to get their kids

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from BBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of BBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.