Poor Economics
Nobel laureates use randomized controlled trials to study economic behavior in poverty. Their findings challenge conventional wisdom about rationality, development, and decision-making. The critical insight for investors: economic behavior is not universal. Your framework is local, not global. The poor aren't irrational — they're making sophisticated decisions under constraints most investors have never experienced.
Randomized trials answer small questions precisely: deworming pills, bed net pricing, textbook delivery. Whether any of it scales, or survives contact with politics, the method cannot say, and the book mostly waves at that limit. Growth, institutions, and power sit outside the frame. You finish knowing how the poor decide and little about why they stay poor.
The case for it and the rest of the canon open with Pro.
