Today in Stockholm, the Nobel Prize Committee will be handing out its awards. Among the recipients is Esther Duflo, the first female economist to ever win the prize. (The only other woman to win it, Elinor Ostrom, was a political scientist). Duflo shares the prize with Michael Kremer and her husband, Abhijit Banerjee. All three are economists who pioneered the use of randomized controlled trials to study the effects of development policies. The Nobel Committee awarded them the prize "for their experimental approach to alleviating global poverty."
We had the good fortune of speaking with Professor Duflo recently.