Raj Shamani
@rajshamani·18M subscribers·2.5K videos
Nobel Laureate Explains India’s Economy, Poverty, GDP & AI | Abhijit Banerjee | FO521 Raj Shamani
Posted
June 11, 2026
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386,143
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June 11, 2026
386,143
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Timestamps -
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In today's episode, we sit down with Abhijit Banerjee, Nobel Laureate & Author, Economist & Co-Founder - JPAL to break down everything Indians get wrong about poverty, inequality, and the future of work.
We discuss why only the rich are getting richer in India, how Elon Musk earns a million times more than a decent salary and society accepts it, why middle-class incomes have stayed flat for three decades, and how AI is hollowing out the very jobs that built India's middle class.
He also explains his Kenya experiment where a 2-year lumpsum beat 12 years of monthly transfers, the 17-year West Bengal study that showed one free cow made women 40% richer, the 140-study metaanalysis proving freebies make people work MORE not less, and why even a Nobel Laureate calls his own success "mostly luck."
A complete masterclass on how the economy actually works from the man who built the world's most rigorous method for studying it.
Subscribe for more such conversations.
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About Raj Shamani
Raj Shamani is an entrepreneur and the host of the Figuring Out Podcast. He sits down with experts, athletes, celebrities, billionaires, and world leaders to break down how they actually win: money, business, mindset, relationships, and life. He's also a bestselling author, speaker, and angel investor. His work sits at the intersection of business, psychology, and human behaviour.
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About Figuring Out
Figuring Out Podcast is a Candid Conversations University where Raj Shamani brings raw conversations with the Top 1% in India.
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