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Fighting Poverty And Pandemics, with Nobel Economist Michael Kremer

Big Brains

32min

The solutions to global poverty can appear obvious, even if they’re difficult to implement. But, as University of Chicago economist Michael Kremer has discovered, interventions that may seem like common sense can actually be wrong.

In 2019, Kremer won a Nobel Prize for his work studying ways to alleviate global poverty. A pioneer in the use of randomized control trials in economics, Kremer has examined poverty interventions like scientists do medical treatments—putting interventions through a trial to isolate effects. Kremer’s studies often reveal surprising and counterintuitive ways of fighting global poverty and have radically altered thousands of lives.

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