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Conversations with Tyler / episode intelligence

Esther Duflo on Management, Growth, and Research in Action

18 Dec 2019 21 published claims 2 attributable people

Speakers in the public record

Claim mix

belief 9evaluation 4preference 3uncertainty 2recommendation 1commitment 1disagreement 1

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Claim ledger

The useful parts, with receipts.

21 published records

09 / uncertainty

I don’t know why it’s a right-wing issue to worry about single parenthood because, as you were saying, all of the data suggest that it’s not a very good thing to grow up as a kid of a single mom in her teens.

“I don’t know why it’s a right-wing issue to worry about single parenthood because, as you were saying, all of the data suggest that it’s not a very good thing to grow up as a kid of a single mom in her teens.”
Speaker
Esther Duflo
Publisher
Conversations with Tyler

10 / belief

Today I am very honored to be here with Esther Duflo, who recently has won a Nobel Prize in economics, the youngest economics winner ever. And today, our date of recording, is also, I believe, the publication date for her new book with Abhijit Banerjee, and that is called Good Economics for Hard Times.

“Today I am very honored to be here with Esther Duflo, who recently has won a Nobel Prize in economics, the youngest economics winner ever. And today, our date of recording, is also, I believe, the publication date for her new book with Abhijit Banerjee, and that is called Good Economics for Hard Times.”
Speaker
Tyler Cowen
Publisher
Conversations with Tyler

12 / preference

I think we should think of growth rate as chief of staff, not something I think we should fall in love with. And I think one issue the countries have had when they’ve fallen in love with growth rates per se, as opposed to why is it you want growth in the first place, is that going back to the early conversation, it’s pretty hard to manipulate growth rates for politicians, especially in fluctuation growth rates.

“I think we should think of growth rate as chief of staff, not something I think we should fall in love with. And I think one issue the countries have had when they’ve fallen in love with growth rates per se, as opposed to why is it you want growth in the first place, is that going back to the early conversation, it’s pretty hard to manipulate growth rates for politicians, especially in fluctuation growth rates.”
Speaker
Esther Duflo
Publisher
Conversations with Tyler

13 / evaluation

Because I’ll tell you exactly why: the current PISA and TIMSS results show France exactly at the median in terms of the scores, but with a lot of heterogeneity, with excellent results at the top and really bad results at the bottom.

“Because I’ll tell you exactly why: the current PISA and TIMSS results show France exactly at the median in terms of the scores, but with a lot of heterogeneity, with excellent results at the top and really bad results at the bottom.”
Speaker
Esther Duflo
Publisher
Conversations with Tyler

14 / evaluation

There’s actually much less, partly also due to regulations and less to individual effort response because they are thinking they are going to be taxed away.

“There’s actually much less, partly also due to regulations and less to individual effort response because they are thinking they are going to be taxed away.”
Speaker
Esther Duflo
Publisher
Conversations with Tyler

15 / evaluation

The point is that the response to financial incentives is less than what typically we assume it is, both in terms of people seem to be pretty inelastic to taxes at all levels of income from the studies we have.

“The point is that the response to financial incentives is less than what typically we assume it is, both in terms of people seem to be pretty inelastic to taxes at all levels of income from the studies we have.”
Speaker
Esther Duflo
Publisher
Conversations with Tyler

18 / preference

Not just women but also minority because economics is a social science, and as a social science, we do need diversity in experiences and points of view, et cetera, because people with different backgrounds, including gender and life experiences, will be interested in different questions and also will bring a slightly different perspective to those questions.

“Not just women but also minority because economics is a social science, and as a social science, we do need diversity in experiences and points of view, et cetera, because people with different backgrounds, including gender and life experiences, will be interested in different questions and also will bring a slightly different perspective to those questions.”
Speaker
Esther Duflo
Publisher
Conversations with Tyler

19 / preference

Another thing is, I’m not sure I’m aiming at world conquest in the sense that I’m more interested in — and I think that that very much applied to the three of us — we were very much interested in creating an ecosystem where that kind of work becomes easier because policymakers are interested, funders are interested, talent is interested, and because there are some things that are eased.

“Another thing is, I’m not sure I’m aiming at world conquest in the sense that I’m more interested in — and I think that that very much applied to the three of us — we were very much interested in creating an ecosystem where that kind of work becomes easier because policymakers are interested, funders are interested, talent is interested, and because there are some things that are eased.”
Speaker
Esther Duflo
Publisher
Conversations with Tyler

20 / evaluation

To tell you the truth, even if it didn’t, it seems it’s not a big bet to invest in education anyway because worse comes to worst, people would be educated, which seems to be a good end in itself.

“To tell you the truth, even if it didn’t, it seems it’s not a big bet to invest in education anyway because worse comes to worst, people would be educated, which seems to be a good end in itself.”
Speaker
Esther Duflo
Publisher
Conversations with Tyler

21 / disagreement

In your recent New York Times op-ed, you seem to argue that incentives are, in general, not that powerful in motivating people economically. And that surprised me because, if I think of most J-PAL papers, incentives are pretty powerful.

“In your recent New York Times op-ed, you seem to argue that incentives are, in general, not that powerful in motivating people economically. And that surprised me because, if I think of most J-PAL papers, incentives are pretty powerful.”
Speaker
Tyler Cowen
Publisher
Conversations with Tyler
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