Economist and Nobel laureate Amartya Sen, currently the Lamont University Professor and Professor of Economics and Philosophy at Harvard University believes that mere economic growth cannot be equated with the wellness of people. Social indicators are an equally important measure. In Bangalore for the presentation of the Infosys Prize for 2011 ( Sen is the jury chair for social sciences), he spoke to TOI on a variety of topics. Excerpts: Q:...
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The glory and the blemishes of the Indian news media by Amartya Sen
One of the great achievements of India is our free and vibrant press. This is an accomplishment of direct relevance to the working of democracy. Authoritarianism flourishes not only by stifling opposition, but also by systematically suppressing information. The survival and flowering of Indian democracy owes a great deal to the freedom and vigour of our press. There are so many occasions when, sitting even in Europe or in America,...
More »Amartya Sen opposes harsh anti-graft measures
-The Hindu Business Line Even as the blame game over the midnight bedlam in Parliament over the Lokpal Bill continues, Nobel Laureate Prof. Amartya Sen on Monday said the issue of corruption should be solved within the “structure of democracy” according to the “rule of law”. “Corruption is a huge issue in India, and it has been so for long. The importance of corruption elimination is a part of this movement,” Prof....
More »Rupee depreciation needs to be viewed holistically; not necessarily a 'train crash': Amartya Sen
-The Economic Times Nobel laureate and professor of economics at Harvard University, Amartya Sen believes developed world policies are worsening the global crisis and leaving emerging economies exposed. During an interaction with the press, he also said the recent rupee depreciation needs to be viewed holistically and is not necessarily a 'train crash'. Excerpts: What is your assessment of the current global situation? I think the global situation is pretty bad...
More »Hazare-style protests a “danger” to democracy, says Lord Parekh by Hasan Suroor
The growing public support for Anna Hazare-style protests, led by unelected campaigners, bode ill for Indian democracy, distinguished academic and Labour Peer Bhikhu Parekh warned while delivering the 2011 Jawaharlal Nehru Memorial Lecture here on Monday. The Indian democracy, he said, was in danger of losing legitimacy if elected politicians failed to meet public expectations and people, in frustration, started mobilising around “leaders” who had no democratic mandate but could have...
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