Abhijit Banerjee on Theory, Practice, and India

<div> <p><span data-contrast="auto">Want to support future conversations? Visit <a href= "https://conversationswithtyler.com/donate/?utm_source=podcast&utm_medium=cwt&utm_campaign=eoy19&utm_content=banerjee" target="_blank" rel= "noopener">conversationswithtyler.com/donate</a>.</span></p> <p><span data-contrast="auto">Long before Abhijit Banerjee won the 2019</span> <span data-contrast="auto">economics</span> <span data-contrast="auto">Nobel with Michael Kremer and</span> <span data-contrast="auto">Esther Duflo,</span> <span data-contrast="auto">he was a fellow graduate student at</span> <span data-contrast="auto">Harvard wi</span><span data-contrast="auto">th Tyler.</span> <span data-contrast="auto">For</span> <span data-contrast= "auto">Tyler,</span> <span data-contrast="auto">Abhijit</span> <span data-contrast="auto">is one</span> <span data-contrast= "auto">of the</span> <span data-contrast="auto">brightest</span> <span data-contrast="auto">economic minds</span> <span data-contrast="auto">he’s ever met</span><span data-contrast= "auto">, and “a</span> <span data-contrast="auto">brilliant theorist who decided the future was with empirical work</span><span data-contrast="auto">.”</span> <span data-contrast="auto">But according to</span> <span data-contrast="auto">Abhijit</span><span data-contrast= "auto">, theory a</span><span data-contrast="auto">nd</span> <span data-contrast="auto">practice go hand in hand:</span> <span data-contrast="auto">the real benefit of a randomized control trial isn’t getting unbiased estimates, he says,</span> <span data-contrast="auto">but in testing hypotheses borne out of theory.</span> <span data-ccp-props= "{"201341983":0,"335559740":276}"><br /> </span></p> </div> <div> <p><span data-contrast="auto">Abhijit joined Ty</span><span data-contrast="auto">ler to discuss his unique approach to economics, in</span><span data-contrast= "auto">c</span><span data-contrast= "auto">l</span><span data-contrast="auto">uding thoughts on premature deindustrialization,</span> <span data-contrast