Prof. Esther Duflo (MIT, Nobel laureate in Economic Sciences in 2019)
Title: Good economics for warmer times
Abstract: As cop27 began in Egypt, with the issue of loss and damage finally at the forefront, this lecture will explore how both the causes and impacts of climate change are disproportionately impacting poor and rich countries, and what this implies for policies and politics.
Biographical Sketch: Esther Duflo
Esther Duflo is a professor at MIT and at Collège de France. She is the second woman to have received the Nobel prize in economics (2019), together with her husband, Abhijit Banerjee, and Michael Kremer, ten years after Elinor Ostrom (2009). Both women have been pathbreaking by turning their attention to non-Western societies, with a view of studying non-market mechanisms and alleviating poverty. Professor Duflo has introduced new methods into the field of development ecomics, randomized controlled trials (RCT), with a view of eschewing theoretical discussions in favor of experimental facts. Her work has been hugely influential, both on the scientific side, by the careful design of experiments and their statistical interpretation, and on the public policy side, because of their practical and often counter-intuitive conclusions.