-The Times of India NEW DELHI: Everybody knows that there is a chasm between the rich and the poor. But can it be measured? And, more importantly, is this disparity between the rich and poor growing or coming down? New data based on consumption expenditure surveys shows that income disparity is growing and at a rapid clip. Spending and consumption by the richest 5% zoomed up by over 60% between 2000 and...
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What Amartya Sen doesn't see -Arvind Panagariya
-The Times of India The ongoing 'Bhagwati versus Sen' debate has generated more heat than light, necessitating correction. As an equal co-author of India's Tryst with Destiny, which defines the Bhagwati position, my stake in the debate is second to none. Two extreme characterisations of the positions of the two sides have emerged. The first has it that the differences between them are minimal with each side expressing the same ideas in...
More »Sen vs Bhagwati: Parallels from an earlier titanic clash-Rupa Subramanya
-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...
More »Food, by all means -Deepak Pental
-The Indian Express Why are we reticent about using techno-industrial solutions to reduce malnutrition? The death of several children from consuming a toxic midday meal in Bihar evoked a great sense of outrage. But this outrage will, in all probability, soon die down. Yet, this tragedy, as many reports show, is the tip of the iceberg. Beneath it lies unseen a story of poor service delivery and a lack of commitment. India...
More »A shrunken debate
-The Indian Express The discussion on the political economy needs to be rescued from the current bout of bad taste Amartya Sen has found himself at the centre of an unseemly round of name-calling this week. While promoting his new book, he said, when asked in an interview, that he would not want Narendra Modi as prime minister. That, coupled with his qualified approval of the food security bill, was sufficient for...
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