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Sen and Bhagwati Why quarrel when both are right?

Jul 29, 2013

Sen and Bhagwati Why quarrel when both are right?

Just like how both Monetarism and Keynesianism need to be used in harmony depending on circumstances, so should the Sen-Dreze and Bhagwati-Panagariya prescriptions be used together. #Economics #Amartya Sen #Poverty #FaceOff #Jagdish Bhagwati #Keynesian #Monetarism
Why Bhagwati's utopian idea about Gujarat is misplaced

Jul 28, 2013

Why Bhagwati's utopian idea about Gujarat is misplaced

I think Bhagwati has in this instance succumbed to the narrow Gujarati position. Though I am also Gujarati, I think the Bengali view of Sen is the right one instead. #Amartya Sen #InMyOpinion #Jagdish Bhagwati #Gujarat Model
Intellectual gluttony Why is it ok to subsidise gold and not food?

Jul 23, 2013

Intellectual gluttony Why is it ok to subsidise gold and not food?

Why do we balk at food subsidy for the poor when we accept every other form of subsidy for the rich - from diesel to power to education? #Economy #India #Amartya Sen #Food security #Subsidy #Gold Duties