Abhijit Banerjee: News

Abhijit Banerjee is an Indian-origin naturalized American economist. He was born on February 21, 1961, in Mumbai. Banerjee completed his BSc in Economics at the University of Calcutta, MA in Economics at the Jawaharlal Nehru University, and obtained his Ph.D. at Harvard University. As of 2021, he serves as the Ford Foundation Professor of Economics at the Massachusetts Institute of Technology. He is the recipient of the Nobel Memorial Prize in Economic Sciences 2019 which he shares with his wife Esther Duflo and American development economist Michael Kremer. Banerjee, Duflo, and Kremer adopted an experimental approach to fight and eliminate global poverty. Banerjee established the Abdul Latif Jameel Poverty Action Lab along with his wife and economist Sendhil Mullainathan. He is also an active member of the Consortium on Financial Systems and Poverty. Banerjee was also listed on the Foreign Policy magazine's top 100 global thinkers. He has penned several articles and books. His book ‘Poor Economics’ had also won the Goldman Sachs Business Book of the Year. In 2006, he also made a documentary titled ‘The Name of the Disease.’