Let’s head to a small town in Kenya that’s become globally famous for helping economists answer some of the biggest questions facing humanity.
In Kenya and Nigeria, economics isn’t just theory, it’s real life. We’ll look at some radical experiments that turned out to be enormously successful.
What are the building blocks of health, education and prosperity for all? How does a nation grow rich? What is the most effective way to spend a dollar to fight poverty? We find answers in a town that became the laboratory for new concepts in economic research that netted some researchers the most prestigious prize in economics.
Featured Episodes:
- How randomized trials and the town of Busia, Kenya changed economics (2023)
- Nigeria, You Win! (2016)
Featured Terms:
- Randomized controlled trial
- Human capital
- Missing middle
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The series is hosted by Robert Smith and produced by Sophia Paliza-Carre. This episode was edited by Planet Money Executive Producer Alex Goldmark. This episode was fact-checked by Leyla Doss, with engineering by Annlie Huang.
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