Economics Nobel prize won by academics for tackling poverty
by Phillip Inman from Economics | The Guardian on (#4SGK0)
Abhijit Banerjee, Esther Duflo, Michael Kremer 'dramatically improved' practical solutions
Academics who pioneered on-the-ground experiments to discover the most effective ways to tackle poverty in the developing world have been awarded this year's Nobel prize for economics.
Abhijit Banerjee and Esther Duflo, of the Massachusetts Institute of Technology, secured the 9m Swedish krona (720,000) prize with the Harvard professor Michael Kremer on Monday.
Related: Nobel Prize in Economics won by Banerjee, Duflo and Kremer for fighting poverty - live updates
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