10 Lessons from the book Poor Economics

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poverty is not just a lack of money; it is not having the capability to realize one’s full potential as a human being.

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If the rules make such a difference, then it becomes very important who gets to make them.

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For each successful entrepreneur in the Silicon Valley or elsewhere, many have had to fail.

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There is always some cheap pleasant thing to tempt you.

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the poor choose their foods not mainly for their cheap prices and nutritional values, but for how good they taste.

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The lower-caste teachers were actually more likely to assign worse grades to lower-caste students.

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Generally, it is clear that things that make life less boring are a priority for the poor.

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Credits: Unsplash