abhijit banerjee thinks that's a mistake. we caught up with him where he is currently a guest professor at the university of kiel... >> this is the baltic sea. boats are moored in the harbor near the upscale kiel yacht club. abhijit banerjee of india, is familiar with the world of the well-off. he has a ph.d from harvard and teaches today at the elite university m.i.t. he was born in calcutta, into a very different life. >> it happened to be after my grandfather build his house that the area became a large slum. and so i played with kids who had a very different background. i mean they lived next doors so i've played with them and i often felt like, you know, they had a better life because they didn't have to go to school. >> the issue of poverty continues to influence his life. at the kiel institute for the world economy he is presenting his work. after long research projects in asia and africa, banerjee says there's no quick fix for fighting poverty, because economic conditions are different in every region. >> we say it's