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In Amartya Sen vs Jagdish Bhagwati debate, was Sen right after all? -Manas Chakravarty

-Moneycontrol.com

The COVID-19 pandemic brings a new perspective to the Sen vs Bhagwati 2014 debate.

Just before the general elections in 2014, a rather unlikely fight erupted in the pink papers. In the Left corner, wearing what some people said were bright red shorts, was Nobel Laureate and economist Amartya Sen. In the Right corner, wearing true blue shorts, was eminent trade economist Jagdish Bhagwati.

The dispute was whether social welfare and health and education were best served by rapid economic growth, which was the view from Bhagwati’s corner, or whether social equity and health and education lay the groundwork for rapid growth, which was Sen’s thesis.

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