Michael Kremer, Gates Professor of Developing Societies in the Department of Economics at Harvard University, is coauthor of Strong Medicine.
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Michael Kremer, Gates Professor of Developing Societies in the Department of Economics at Harvard University, is coauthor of Strong Medicine.
That people respond to the relative costs and returns of schooling might imply that the poor are optimizing the amount of school they invest in, as predicted in a simple economic model. But evidence suggests that reality is more complex.
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