Friday, Dec 02, 2022
Outlook.com
Review

Stilted Dialogue

Random reflections of an eclectic selection of Indian economists

Stilted Dialogue
Stilted Dialogue
outlookindia.com
-0001-11-30T00:00:00+05:53

This collection, put together by a shishya of Professor Jagdish Bhagwati, strings together random reflections of an eclectic selection of Indian economists. Some of the names included here will figure in anyone’s list of top 10 Indian economists. Certainly Bhagwati, T.N. Srinivasan, Manmohan Singh, C. Rangarajan, I.G. Patel and P.R. Brahmananda. One would have expected to see Amartya Sen here, but he may have been excluded on the grounds that he was not much of a policy wonk. But an unpardonable omission, for which the author offers no explanation at all, is that of K.N. Raj, who at the age of 26 helped Jawaharlal Nehru draft the First Five-Year Plan. From the present generation, one would have expected to see Montek Singh Ahluwalia and Bimal Jalan.

Economics has been dubbed a dismal science and number-crunching economists tend to be dull conversationalists. But the excitement and drama of economic policymaking in India can lend itself to a lively dialogue, if the right questions are asked. Balasubramanyam has been too polite to extract a lively response from his interlocutors, some of whom have more exciting tales to tell than recorded here.

Outlook Newsletters

Read More from Outlook

Lament Of Separation: Songs Of Habba Khatun, Last Queen Of Kashmir, Still Echo In Valley

Lament Of Separation: Songs Of Habba Khatun, Last Queen Of Kashmir, Still Echo In Valley

In happy times and sad, Habba Khatun’s sensuous songs make both young and old emotional. With the never-ending conflict bringing tragedies to every doorstep, Habba’s lyrics of separation amplify their mourning.

How Indian Laws Govern People’s Right To Love And Live

How Indian Laws Govern People’s Right To Love And Live

In India, only those relationships between a man and a woman are considered to be legitimate when there is a marriage between the two.

Kohli Quits Test Captaincy, Leaves Leadership Vacuum

Kohli Quits Test Captaincy, Leaves Leadership Vacuum

Virat Kohli, 33, had recently stepped down as India's T20I captain and was subsequently removed as the ODI captain.

UP Elections 2022: How Congress Is Harnessing Power Of 'Persecuted' Women To Counter BJP

UP Elections 2022: How Congress Is Harnessing Power Of 'Persecuted' Women To Counter BJP

A Mahila Congress leader, who is the face of the ‘Ladki Hoon, Lad Sakti Hoon’ campaign, however, has accused the party of anti-women bias after she was denied a ticket.