Behavioral Development Economics Behavioral economics is often studied in the contexts of consumer behavior—overeating, going to the gym, doing your homework, and other relatively “first world” problems. However, for many people around the world, behavioral biases and irrationalities can have … Continue reading Poverty and growth
Is Charity for the Poor Futile? In an essay published last month in The Guardian, 15 leading economists – including the Nobel laureates Angus Deaton, James Heckman, and Joseph Stiglitz – criticized what they call “the ‘aid effectiveness’ craze” on … Continue reading The Life You Can Save
How Policy Informed by Behavioral Science Can Help Children in Poverty One out of five children age 0 to 3 in the United States reside in poverty. That’s nearly 2.6 million infants and toddlers living with roughly $24,000 for a … Continue reading Addressing poverty
The Mental Cost Of Poverty: How Being Poor Leads To Poor Decisions Does being poor lead to poor decisions? That’s the question at the heart of much of the work of University of Chicago’s Anuj Shah for the past five … Continue reading The cognitive fatigue of being poor
Planning the Weekend Can Improve Youth Safety PROJECT SUMMARY. A group of low-income, at-risk youth in Cape Town’s metropolitan townships used the Safety Tool, a scalable computer or mobile-based application, to help them choose safe weekend evening activities. IMPACT. Users … Continue reading Unsafe weekends
Poverty and the Developing Brain People love “Rags to Riches” stories—those sanguine tales in which someone who grew up in poverty manages to become extremely wealthy and professionally successful. These stories breathe life into the American Dream, inspire hope, and … Continue reading Does poverty shrink hippocampus?
How Big Business Got Brazil Hooked on Junk Food Children’s squeals rang through the muggy morning air as a woman pushed a gleaming white cart along pitted, trash-strewn streets. She was making deliveries to some of the poorest households in … Continue reading Irresistible foods, fatty diets