-The Business Standard Can Bhagwati-Sen debate bring the same change as Hayek-Keynes duel in the US in 1932 At a time of economic crisis, a distinguished group of economists wrote a letter to a major newspaper, making a case for increased government involvement in the economy. A few days later, an equally distinguished group of economists wrote a letter to the same newspaper, arguing against the first lot. No, this...
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Bhagwati versus Sen: What's going on?-Mihir S Sharma
-The Business Standard 7 things you should know in the Bhagwati vs Sen slugfest Jagdish Bhagwati and Amartya Sen are the two Indian economists who are most respected for their work. Both have worked on a broad spectrum of issues, though Sen is best known for his work on public choice and development and Bhagwati for his work on trade. They are both liberal, neoclassical economists, who support deregulation and disapprove of...
More »Paying the price-Ramya Kannan
-The Hindu The much-awaited Drug (Prices Control) Order 2013 has disappointed millions of patients, as it lacks a fair formula to fix the price ceiling and leaves important drug classes out of regulation. The result: High out-of-pocket spending on medicines will continue As far as intentions go, the Drug (Prices Control) Order 2013 is aimed at making critical drugs affordable and available to the public, while preserving a rationale for manufacture by...
More »Stunting a country
-The Hindu India's paradox of fast economic growth across several years and chronic malnutrition in a significant section of the population is well known. It has vast numbers of stunted children whose nutritional status is so poor that infectious diseases increase the danger of death. About 34 per cent of girls aged 15 to 19 are stunted in the country, according to a major review of global undernutrition by The Lancet....
More »Stunting a country
-The Hindu India's paradox of fast economic growth across several years and chronic malnutrition in a significant section of the population is well known. It has vast numbers of stunted children whose nutritional status is so poor that infectious diseases increase the danger of death. About 34 per cent of girls aged 15 to 19 are stunted in the country, according to a major review of global undernutrition by The...
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