-The Hindu What it signifies, what it does not tell us and what it will definitely not be used for Great shrillness has marked the current furore over the Planning Commission's latest poverty estimates. No surprise, therefore, that understanding and wisdom have flowed in an inverse proportion. Surprising and sad, however, is the fact that some political leaders have at times spoken in a manner deeply hurtful to the aam aadmi and...
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Economists on the Wrong Foot: a critique of Jagdish Bhagwati and Amartya Sen-Ashish Kothari and Aseem Shrivastava
-IndiaResists.com The ongoing debate between two stalwart economists, Amartya Sen and Jagdish Bhagwati, must be joined by those who understand contemporary realities and challenges in terms altogether different from those of mainstream economists. In a recent (July 27) article in Times of India, Bhagwati's co-author Arvind Panagariya characterizes the differences between the two in the following terms. Sen favours education and health measures as being the first steps to tackle poverty...
More »What the poverty numbers don’t say -Bhaskar Dutta
-The Indian Express What caused the steep fall in poverty reported by the Planning Commission? The evidence is mixed Earlier this week, the Planning Commission released estimates of the incidence of poverty in 2011-12. As in virtually the entire literature on the measurement of poverty in India, these estimates are based on data on per capita consumption expenditure collected by the National Sample Survey Organisation. The estimates show that there has been...
More »Prof. Amartya Sen, co-author of the book - An Uncertain Glory: India and its Contradictions, interviewed by Mihir S Sharma
-The Business Standard Nobel Prize-winning economist Amartya Sen, who has just written An Uncertain Glory: India and its Contradictions with Jean Dreze, tells Mihir S Sharma that he doesn't understand why his book has received an angry reaction, or why he is being called anti-growth and pro-redistribution. * Is it startling to discover that you are being called a licence Raj socialist? It is very strange indeed. Perhaps some of this reaction is...
More »Lessons to be learnt from Gujarat's business experience: Amartya
-PTI NEW DELHI: Nobel laureate economist Amartya Sen, who has been critical of Narendra Modi's model of governance, has said there are lessons to be learnt even from Gujarat which had good business performance and infrastructure though it lagged in health, literary and minority rights. Sen, at the same time, pointed that there are bigger things to learn from Kerala, Tamil Nadu and even Himachal Pradesh, a state where he said "transformation...
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