Subscribe to get more book digests: https://acacess.substack.com/subscribe

🚀 The Book in 3 Sentences

1. This book digs deep into poverty;
2. This book presents some counterintuitive nudge stories, e.g. the dal story;
3. There are a lot to be done to reduce poverty

☘️ How the Book Changed Me

• Small nudge may bring huge changes.

✍️ Top Quotes From the Book

• In contrast, the social returns of directly investing in children and pregnant mother nutrition are tremendous.
• Seva Mandir discovered that offering the dal, paradoxically, actually lowered the cost per immunization by increasing efficiency, because the nurse, whose time was already paid for, was kept busy.
• The key challenge is to design “nudges” tailored to the environment of developing countries.
• Awareness of our problems thus does not necessarily mean that they get solved. It may just mean that we are able to perfectly anticipate where we will fail.
• Decisions about how much should be saved are difficult decisions for anyone, rich and poor alike.
• They just sent survey teams to the schools and asked them how much they had received. Then they compared the numbers to computer records of how much had been sent. The answer they got was nothing short of stunning: Only 13 percent of the funds ever reached the schools.

Subscribe to get more book digests: https://acacess.substack.com/subscribe

📒 Summary + Notes