Bakhtier Khan

Poor Economics is the book about the very rich economics that emerges the understanding the economic lives of the poor. In this book, each chapter describes a search to discover why poor people cannot get success and how they can be overcome. We do know a number of things about how to improve the lives of the poor. In particular, five key lessons emerge. 1. The poor often lack critical piece of information and believe things that are not true. 2. The poor bear responsibilities for too many aspects of their lives. 3.Some markets are missing for the poor like Insurance company. 4.Programs intended to help the poor end up in the wrong hand, for example, roads weakened by theft of materials collapse under the weight of overburden trucks. 5.Poor people expects for themselves low. That's why they don't make effort to pay their debt.