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A village in rural Indonesia. A new study by MIT researchers suggests local residents make accurate judgments of their neighbors’ poverty levels.

Wisdom of crowds

In countries that lack financial records, how can we tell who is truly poor? An innovative study suggests: Ask the neighbors.

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The visible hand

In MIT talk, Eliot Spitzer defends role of government in regulating markets, claims economy still ‘on the precipice’ of deep problems.

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Children collecting water as part of a J-PAL study in western Kenya.

Life on a dollar a day

In Poor Economics, Abhijit Banerjee and Esther Duflo open a window into the lives of the world’s poorest people, and suggest new remedies to combat poverty.

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A Southwest flight at Boston's Logan Airport.

Thinking like economists

From funky markets in airfares and hot dogs to the effects of alcohol taxes on drunk-driving fatalities, MIT undergraduates try their hand at economics research.

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