Esther Duflo(1972 — ?)

Esther Duflo

États-Unis, France

5 min read

EconomicsSciencesÉconomiste21st CenturyThe turn of the 20th and 21st centuries, marked by globalization and the rise of experimental economics applied to poverty.

French-American economist born in 1972, a specialist in development economics. She reshaped the fight against poverty by relying on rigorous field experiments. In 2019, she became the youngest person ever to win the Nobel Prize in Economics.

Frequently asked questions

Esther Duflo is a French-American economist born in 1972 in Paris, who became famous for revolutionizing the fight against poverty. What sets her apart from traditional economists is that she does not settle for theories: she tests her ideas in the field, like a doctor testing a medicine. In 2019, she received the Nobel Prize in Economics at only 46 years old, making her the youngest laureate and the second woman to win it. What you should remember is that she proved poverty could be fought with concrete evidence rather than ideologies.

Key Facts

  • Born in Paris in 1972
  • Co-founds the Abdul Latif Jameel Poverty Action Lab (J-PAL) at MIT in 2003
  • Receives the John Bates Clark Medal in 2010
  • Receives the Nobel Prize in Economics in 2019, together with Abhijit Banerjee and Michael Kremer, for her experimental approach to fighting poverty
  • Youngest laureate (aged 47) and second woman to receive the Nobel Prize in Economics

Works & Achievements

Co-founding of the J-PAL laboratory (2003)

With Abhijit Banerjee and Sendhil Mullainathan, she founded a laboratory at MIT that scientifically tests anti-poverty policies.

John Bates Clark Medal (2010)

An award given to the best American economist under the age of 40, cementing the recognition of her work.

Poor Economics (2011)

A book co-written with Abhijit Banerjee, translated worldwide, showing how field experiments are transforming the fight against poverty.

Good Economics for Hard Times (2019)

A book that applies evidence-based economic analysis to today's major debates: inequality, immigration, and climate.

Nobel Prize in Economics (2019)

An award received for her experimental approach to reducing global poverty, shared with Banerjee and Kremer.

“Knowledge Against Poverty” Chair at the Collège de France (2008-2009)

Teaching dedicated to bringing scientific methods for fighting poverty to the general public.

Anecdotes

In 2019, at age 46, Esther Duflo became the youngest person ever to receive the Nobel Prize in Economics, and only the second woman to win it. She shared the award with Abhijit Banerjee, who is also her husband, and with American economist Michael Kremer.

To find out whether a policy truly helps the poor, Duflo borrows a method from doctors: the randomized trial. A group that receives aid (free mosquito nets, for example) is compared to a control group, exactly the way a medicine is tested, in order to measure what actually works.

As a young student, Esther Duflo was torn between history and economics. A ten-month stay in Russia at age 24, working as a research assistant, convinced her that economics could be a concrete tool for changing people's lives, rather than just an abstract theory.

In 2003, together with Abhijit Banerjee, she founded J-PAL (the Abdul Latif Jameel Poverty Action Lab) at MIT, a laboratory that has since carried out hundreds of field experiments around the world to fight poverty.

In 2010, she received the John Bates Clark Medal, awarded to the best American economist under the age of 40, a distinction often seen as a stepping stone to the Nobel Prize.

Primary Sources

Poor Economics, Esther Duflo and Abhijit Banerjee (2011)
It is tempting to believe that there is a miracle cure for poverty. But the battle is won instead through an accumulation of small advances, each one carefully tested in the field.
Nobel Prize in Economics acceptance speech (Banquet speech) (10 December 2019)
Our work consists in understanding the deep roots of poverty, in listening to poor people themselves, and in rigorously testing which policies actually improve their lives.
Inaugural lecture at the Collège de France, “Knowledge against Poverty” chair (2009)
The economist must accept being wrong and measuring their results, rather than imposing certainties about what is good for the poor.
Good Economics for Hard Times (2019)
The great questions of our age — immigration, inequality, growth, climate — deserve answers grounded in facts, not in prejudice.

Key Places

Paris, France

Esther Duflo's birthplace, where she grew up and received her early education.

École normale supérieure (Paris)

Elite institution where she studied history and economics in the 1990s.

MIT, Cambridge (Massachusetts)

American university where she earned her doctorate, then became a professor and co-founded the J-PAL laboratory.

Collège de France (Paris)

Prestigious institution where she held the “Knowledge Against Poverty” chair starting in 2009.

Stockholm, Sweden

Capital where she received the Nobel Prize in Economics in December 2019.

See also