---
title: "3 Jonathan Morduch Quotes - Famous Economist (The Economics of Microfinance)"
description: "Jonathan Morduch is a professor of public policy and economics at the Robert F. Wagner Graduate School of Public Service at New York University."
image: "https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b130/author-jonathan-morduch-86929.jpg"
---

![Portrait of Jonathan Morduch](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b130/author-jonathan-morduch-86929.jpg)

# Jonathan Morduch

(1963)   Economist

 **3** quotes in **10** categories

Rate this collection:  ★ ★ ★ ★ ★   No ratings yet

Jonathan Morduch is an economist, best known for *The Economics of Microfinance*.

## Quick Facts About Jonathan Morduch

Born October 3, 1963

Profession Economist

Notable works The Economics of Microfinance

## About Jonathan Morduch

Jonathan Morduch is a professor of public policy and economics at the Robert F. Wagner Graduate School of Public Service at New York University. He is a development economist most well known for his significant academic contributions to assessing the impact of microfinance since the early years of the movement. He has written extensively on poverty and financial institutions in developing countries and on tensions between achieving social impacts and meeting financial goals in microfinance.

##  Quotes by Jonathan Morduch

> [“Indeed, the instability of families’ incomes has risen faster than the inequality of families’ incomes.”](https://sms4smile.com/quotes/jonathan-morduch/indeed-the-instability-of-families-incomes-has-risen-faster-than-the/)

Jonathan Morduch

[Family](https://sms4smile.com/quotes/about/family/)

[Image](https://sms4smile.com/quotes/i/366/jonathan-morduch-86929_family_indeed-the-instability-of-families-incom_1364303.png)

> [“The most recent data available from the U.S. Census’s SIPP show that 90 million people, nearly one-third of all Americans, experienced poverty…](https://sms4smile.com/quotes/jonathan-morduch/the-most-recent-data-available-from-the-u-s-census-s-sipp-show-that/)

Jonathan Morduch

[Poverty](https://sms4smile.com/quotes/about/poverty/)

[Image](https://sms4smile.com/quotes/i/5b5/jonathan-morduch-86929_poverty_the-most-recent-data-available-from-the_1562484.png)

> [Microfinance stands as one of the most promising and cost-effective tools in the fight against global poverty.](https://sms4smile.com/quotes/jonathan-morduch/microfinance-stands-as-one-of-the-most-promising-and-cost-effective/)

Jonathan Morduch

[Image](https://sms4smile.com/quotes/i/727/jonathan-morduch-86929_cost_microfinance-stands-as-one-of-the-most-p_1644515.png)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "ItemList",
            "@id": "https://sms4smile.com/quotes/author/jonathan-morduch/#itemlist",
            "name": "Jonathan Morduch Quotes",
            "numberOfItems": 3,
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "item": {
                        "@type": "Quotation",
                        "text": "“Indeed, the instability of families’ incomes has risen faster than the inequality of families’ incomes.”",
                        "creator": {
                            "@type": "Person",
                            "name": "Jonathan Morduch"
                        },
                        "url": "https://sms4smile.com/quotes/jonathan-morduch/indeed-the-instability-of-families-incomes-has-risen-faster-than-the/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/366/jonathan-morduch-86929_family_indeed-the-instability-of-families-incom_1364303.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/366/jonathan-morduch-86929_family_indeed-the-instability-of-families-incom_1364303.png",
                            "url": "https://sms4smile.com/quotes/i/366/jonathan-morduch-86929_family_indeed-the-instability-of-families-incom_1364303.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“Indeed, the instability of families’ incomes has risen faster than the inequality of families’ incomes.” — Jonathan Morduch",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "item": {
                        "@type": "Quotation",
                        "text": "“The most recent data available from the U.S. Census’s SIPP show that 90 million people, nearly one-third of all Americans, experienced poverty for two months or more between 2009 and 2011. In contrast, just 10 million people, less than 4 percent of the population, were poor for the entire three years.”",
                        "creator": {
                            "@type": "Person",
                            "name": "Jonathan Morduch"
                        },
                        "url": "https://sms4smile.com/quotes/jonathan-morduch/the-most-recent-data-available-from-the-u-s-census-s-sipp-show-that/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/5b5/jonathan-morduch-86929_poverty_the-most-recent-data-available-from-the_1562484.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/5b5/jonathan-morduch-86929_poverty_the-most-recent-data-available-from-the_1562484.png",
                            "url": "https://sms4smile.com/quotes/i/5b5/jonathan-morduch-86929_poverty_the-most-recent-data-available-from-the_1562484.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“The most recent data available from the U.S. Census’s SIPP show that 90 million people, nearly one-third of…” — Jonathan Morduch",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "item": {
                        "@type": "Quotation",
                        "text": "Microfinance stands as one of the most promising and cost-effective tools in the fight against global poverty.",
                        "creator": {
                            "@type": "Person",
                            "name": "Jonathan Morduch"
                        },
                        "url": "https://sms4smile.com/quotes/jonathan-morduch/microfinance-stands-as-one-of-the-most-promising-and-cost-effective/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/727/jonathan-morduch-86929_cost_microfinance-stands-as-one-of-the-most-p_1644515.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/727/jonathan-morduch-86929_cost_microfinance-stands-as-one-of-the-most-p_1644515.png",
                            "url": "https://sms4smile.com/quotes/i/727/jonathan-morduch-86929_cost_microfinance-stands-as-one-of-the-most-p_1644515.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“Microfinance stands as one of the most promising and cost-effective tools in the fight against global poverty.” — Jonathan Morduch",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                }
            ]
        },
        {
            "@type": "Person",
            "@id": "https://sms4smile.com/quotes/author/jonathan-morduch/#person",
            "name": "Jonathan Morduch",
            "url": "https://sms4smile.com/quotes/author/jonathan-morduch/",
            "image": "https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b130/author-jonathan-morduch-86929.jpg"
        },
        {
            "@type": "ProfilePage",
            "@id": "https://sms4smile.com/quotes/author/jonathan-morduch/#webpage",
            "url": "https://sms4smile.com/quotes/author/jonathan-morduch/",
            "name": "Jonathan Morduch",
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "mainEntity": {
                "@id": "https://sms4smile.com/quotes/author/jonathan-morduch/#person"
            },
            "primaryImageOfPage": {
                "@id": "https://sms4smile.com/quotes/i/366/jonathan-morduch-86929_family_indeed-the-instability-of-families-incom_1364303.png"
            },
            "description": "Jonathan Morduch is a professor of public policy and economics at the Robert F. Wagner Graduate School of Public Service at New York University.",
            "breadcrumb": {
                "@id": "https://sms4smile.com/quotes/author/jonathan-morduch/#breadcrumb"
            }
        },
        {
            "@type": "BreadcrumbList",
            "@id": "https://sms4smile.com/quotes/author/jonathan-morduch/#breadcrumb",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "Authors",
                    "item": "https://sms4smile.com/quotes/authors/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "Jonathan Morduch",
                    "item": "https://sms4smile.com/quotes/author/jonathan-morduch/"
                }
            ]
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```