This book discusses a new poverty agenda for Asia and the role of social policies in economic transformation and reducing poverty. The poverty-reduction agenda is well known. So is the debate over poverty. No one disputes the fact that poverty of income (or expenditure, as countries such as India do not collect household data on income) is an imperfect measure of poverty, as there are non-income dimensions, too. Consequently, we...
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Keynes-Hayek dilemma by KP Prabhakaran Nair
With more than 400 million Indians going to bed hungry each day, food security has become a crucial issue. On June 4 last year, the president made an announcement: “My government proposes to enact a new law — the National Food Security Act — that will provide statutory basis for a framework which assures food security for all. Every family below the poverty line in rural as well as urban...
More »Sen and the art of justice by Kancha Ilaiah
It is well known that Amartya Sen is the greatest economist that India has ever produced. His credentials were well established even before he got the Nobel Prize. With his latest book — The Idea of Justice — he has also established himself as a world-class moral philosopher who could come up with great abstractions and generalisations that no other Indian thinker could achieve earlier. The Indian academia, so far, has...
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