Kaushik Basu(@kaushikcbasu) 's Twitter Profileg
Kaushik Basu

@kaushikcbasu

Professor of Economics, Cornell University, & former Chief Economist of the World Bank & Chief Economic Adviser, Government of India.

ID:17797666

calendar_today02-12-2008 03:04:45

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When the neighbor’s baby visiting us got startled by the sound of cutlery my wife was using, I pointed to the kitchen & said, “Alaka”.
Now we have a problem. The mother told us when the baby hears any noise, including thunder, she points at the direction, smiles & says, “Alaka”.

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Gandhi gave us a famous motto: Recall the face of the poorest man you have seen, & ask if the step you contemplate is of use to him.

As inequality worsens, it is time for a new motto: If you’re suffering economically, recall the face of the richest man you have seen, & be happy.

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Some inequality is good for efficiency & drives growth. But the level of inequality in India today is at an all-time high & data shows it’s among the highest in the world. This is causing hardship for farmers & youth looking for work. We need policy correction. My OpEd in Hindi.

Some inequality is good for efficiency & drives growth. But the level of inequality in India today is at an all-time high & data shows it’s among the highest in the world. This is causing hardship for farmers & youth looking for work. We need policy correction. My OpEd in Hindi.
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Solar eclipse tomorrow—a day to remember Thales of Miletus. It’s often said “philosophy” began on 28 May 585 BC. That was the day when for the first time a solar eclipse was predicted. It was Thales, great geometrician & philosopher, who figured out the eclipse was coming.

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Not MAGA (Make America Great Again) or MIGA or MCGA. We need to celebrate our common human identity. Suffering anywhere is a tragedy, whether or not you share an identity with the sufferer. The need of the hour is MEGA: Make the Earth Great Again.

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In the 50s America, a man being interviewed for a school teaching job was asked, “Is the world flat or round?” He looked at the interviewers nervously & said, “I can teach it flat or round.”
(Last para of my OpEd in Bengali)

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Happy to share the Chinese translation of my short history of economic thought, from 1776 to contemporary times, published by Beijing's Golden Rose Books Co.
kaushikbasu.org/wp-content/upl…

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“I will never allow patriotism to triumph over humanity as long as I live.” That was Rabindranath Tagore, in a letter to a friend, years before he won the Nobel Prize. This was clearly an appeal to the world, to go beyond narrow boundaries & cherish our common human identity.

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Among my large clan of relatives, many of them devout Hindus, some had voted BJP earlier. But they feel they can’t anymore. The cronyism & mega corruption like electoral bonds, done using religion as a front, & the damage to India’s institutions, is unacceptable to them.

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