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Episode 723: The Risk Farmers

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Episode 723: The Risk Farmers

Podcast

Episode 723: The Risk Farmers

Episode 723: The Risk Farmers

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  • <iframe src="https://www.npr.org/player/embed/492988779/493035603" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

The bag is full of cash, a flood insurance payout being distributed. Courtesy of Innovations for Poverty Action hide caption

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Courtesy of Innovations for Poverty Action

The bag is full of cash, a flood insurance payout being distributed.

Courtesy of Innovations for Poverty Action

We recently visited a man who may be the best apple farmer in Lesotho. He wanted to expand his business — but he was wary of going all-in on apples.

This is a common issue in the developing world: Farmers don't grow enough of the things they're best at growing.

Why not?

Two economists — who work across the hall from each other, and who have devoted their careers to studying ways to help the poor — came up with very different answers to that question. And they decided to figure out who was right.

Music: "The Best Around" and "Rise and Fall." Find us: Twitter/ Facebook.