Lant Pritchett on Poverty, Growth, and Experiments

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4.7 • 4.3K Ratings

🗓️ 22 May 2017

⏱️ 63 minutes

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Summary

How should we think about growth and poverty? How important is the goal of reducing the proportion of the world's population living on less than a dollar a day? Does poverty persist because people lack skills or because they live in economic systems where skills are not rewarded? What is the role of experimental methods in understanding what reduces poverty? Author and economist Lant Pritchett of Harvard University talks with EconTalk host Russ Roberts about these questions and more in a wide-ranging discussion of how best to help the world's poorest people.

Transcript

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0:00.0	Welcome to Econ Talk, part of the Library of Economics and Liberty.
0:08.5	I'm your host, Russ Roberts of Stanford University's Hoover Institution.
0:13.1	Our website is econtalk.org, where you can subscribe, comment on this podcast, and find
0:18.1	links and other information related to today's conversation.
0:21.0	You'll also find our archives where you can listen to every episode we've ever done
0:25.2	going back to 2006.
0:27.5	Our email address is mailadycontalk.org.
0:30.0	We'd love to hear from you.
0:31.6	Today is May 5th, 2017.
0:35.9	And my guest is author and economist, Lant Pritchett, Senior Fellow at the Center for Global
0:40.7	Development and Professor of the Practice of International Development at Harvard University's
0:45.1	Kennedy School of Government.
0:47.1	Lant first appeared on econtalk in 2013, discussing his book, The Rebirth of Education.
0:52.7	Lant, welcome back to econtalk.
0:54.7	Thanks.
0:55.7	Thanks for having me back.
0:56.7	Our topic for today comes from an open letter that Chris Blatman, another former econ
1:01.2	talk guest, an open letter that Chris wrote to Bill Gates.
1:05.2	Gates had suggested that if we want to reduce poverty, we should give sub-Saharan Africans
1:11.8	chickens.
1:12.8	Right now, I think the number is about 5% of sub-Saharan Africans in their very poor people,
1:19.7	general, raised chickens.
	...

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