Why spending smarter beats bigger budgets | Karthik Muralidharan

TED Talks Daily

TED

Creativity, Ted Podcast, Ted Talks Daily, Business, Design, Inspiration, Society & Culture, Science, Technology, Education, Tech Demo, Ted Talks, Ted, Entertainment, Tedtalks

4.1 • 11.9K Ratings

🗓️ 15 November 2024

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Billions of dollars are poured into global development every year, but results are lacking, says economist Karthik Muralidharan. Diving into an example with public education, he outlines how smarter resource allocation and evidence-based interventions, like learning software that dynamically responds to students and teaches at the level that's right for them, can accelerate global development worldwide — not by spending more, but by spending smarter.

Transcript

Click on a timestamp to play from that location

0:00.0	TED Audio Collective.
0:09.3	You're listening to TED Talks Daily, where we bring you new ideas to spark your curiosity every day.
0:14.9	I'm your host, Elise Hugh.
0:16.8	Today's speaker says we can sharply accelerate global development without spending more money.
0:23.2	In his talk from 2024, economist Karthik Murilitaran shares a way to get education and innovation to low-income populations at scale simply by spending smarter.
0:36.4	That's coming up after the break.
0:41.5	TED Talks Daily is sponsored by Stripe.
0:44.4	Stripe helps many of the world's most influential businesses grow their revenue and build
0:48.7	a more profitable business.
0:50.6	Whether it's hurts making a checkout a smooth ride for their customers, OpenAI answering
0:55.3	unprecedented demand, or PGA chipping away at back office inefficiency.
1:00.5	Stripe's financial infrastructure platform helps companies achieve ambitious goals.
1:05.2	No matter what success looks like for your business, Stripe helps ensure the complexity of
1:09.9	financial systems doesn't get in your way.
1:12.7	Learn more at Stripe.com.
1:16.1	And now our TED Talk of the Day.
1:19.0	So the good news on global development is that key indicators like child mortality and school
1:26.3	enrollment are better today than at any point in human history.
1:30.3	However, the bad news is that though many more children are surviving,
1:35.3	large numbers are not thriving.
1:38.3	As of 2022, we had nearly 150 million stunted children,
1:43.3	or around 22% of the world's children.
	...

Please login to see the full transcript.

Previous episode | Next episode

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

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