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Mainstream, VOL LVII No 45, New Delhi, October 26, 2019

Nobel for

Monday 4 November 2019

by Atanu Sengupta and Sanjoy De

Introduction

The conferment of the 2019 Nobel Prize in Economics to Abhijit Banerjee, Esther Duflo and Michael Kremer is an accolade to the randomised control trial (RCT)1 method used by these economists to understand and alleviate global poverty. The Prize Committee noted that