Michael Kremer
Discover how experimental economics uses randomized controlled trials to solve global poverty, proving that human behavior, market incentives, and targeted interventions can break vicious cycles of stagnation and drive economic growth.
The experimental method isolates causal impacts and tests specific behavioral models, allowing policymakers to rapidly iterate and discover what truly alleviates poverty.
Poverty traps occur when a pronounced lack of resources prevents individuals or societies from seizing economic opportunities, meaning a targeted injection of capital can permanently raise long-term living standards.
Even trivial monetary user fees dramatically reduce the adoption of highly effective preventative health measures, demonstrating that free public provision is essential for combating infectious diseases.