Abhijit Banerjee on Theory, Practice, and India

2019-12-30 · 62 min · episode 83 · 10 entities

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→ appeared on Conversations podcast

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Abhijit Banerjee on Theory, Practice, and India
→ works at Ty company

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→ hosted by Mercatus Center at George Mason University company

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Abhijit Banerjee on Theory, Practice, and India

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Abhijit Banerjee on Theory, Practice, and India

Episode description as stored

Want to support future conversations? Visit conversationswithtyler.com/donate . Long before Abhijit Banerjee won the 2019 economics Nobel with Michael Kremer and Esther Duflo, he was a fellow graduate student at Harvard wi th Tyler. For Tyler, Abhijit is one of the brightest economic minds he's ever met , and "a brilliant theorist who decided the future was with empirical work ." But according to Abhijit , theory a nd practice go hand in hand: the real benefit of a randomized control trial isn't getting unbiased estimates, he says, but in testing hypotheses borne out of theory. Abhijit joined Ty ler to discuss his unique approach to economics, in c l uding thoughts on premature deindustrialization, the intrinsic weakness of any charter cit y, where the best classical Indian music is being made today, why he prefers making Indian sweets to French sweets, the influence of English intellectual life in India, the history behind Bengali leftism , the best Indian regional cuisine, why experimental economics is underrated , the reforms he'd make to traditional graduate economics training , how his mother's passion inspires his research, how many consum er loyalty programs he's joined , and more. Read a full transcript enhanced with helpful links. Recorded December 2nd, 2019 Other ways to connect Follow us on Twitter and Instagram Follow Tyler on Twitter Email us: cowenconvos@mercatus.gmu.edu Subscribe at our newsletter page to have the latest Conversations with Tyler news sent straight to your inbox.