Then we go on to describe how markets and institutions work for the poor: Can they borrow, save, insure themselves against the risks they face? What do governments do for them, and when do they fail them? Throughout, the book returns to the same basic questions. We open with the essential aspects of people's family lives: what they buy what they do about their children's schooling, their own health, or that of their children or parents how many children they choose to have and so on. Each chapter in this book describes a search to discover what these sticking points are, and how they can be overcome. It is a book about the kinds of theories that help us make sense of both what the poor are able to achieve, and where and for what reason they need a push. Poor Economics is a book about the very rich economics that emerges from understanding the economic lives of the poor.
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