Many years ago, Jagdish Bhagwati, a very distinguished economist long before he became one of the patron saints of the NDA, published an important paper on what he called Directly Unproductive Activities or DUP.
We need parties that pay their boys decent salaries for being the professionals they could be rather than the proto-criminals they end up becoming because of the system, writes Abhijit Banerjee.
We deserve to be told why the MGNREGA has been singled out for the axe, if for no other reason than to inform our views about future programmes, writes Abhijit Banerjee.
Our prejudice against physical labour can only undermine Narendra Modi’s drive to turn India into a manufacturing hub, writes Abhijit Banerjee.
Narendra Modi says that he will replace the Planning Commission with a think tank. But it will take some doing to attract high-quality people to work for it, writes Abhijit Banerjee.
The Muzaffarnagar riots and the mauling in elections were bad enough, but things really spun out of control with the rash of rapes and gang rapes that don't show any sign of letting up, writes Abhijit Banerjee.
One advantage of not being in power is that we can dream of reshaping the world exactly as we please. The BJP has had this luxury for some time — now the reality is about to hit it, writes Abhijit Banerjee.
Beijing has changed its One Child Policy but past experience shows that demographic reversals are not easy. The experience of Japan and several countries in Southern Europe that are now trying very hard to avoid demographic collapse, suggests it is not easy to switch back. Abhijit Banerjee writes.
A study on the use of improved cooking stoves in Odisha proves that new technologies work best only when they sit lightly on the lives of their users, Abhijit Banerjee writes.
Why are we so outraged by the view that the recent rash of rapes in India has something to do with public displays of intimacy? Abhijit Banerjee writes.
The Aadhaar-enabled direct cash transfer scheme will not solve all problems that dog the State’s delivery programmes. Still, it is a worthwhile experiment. Abhijit Banerjee writes.
Private investment may not be the perfect solution to the problems our national airline faces. But, the public cannot be made to pay the high cost of public sector intervention, Abhijit Banerjee writes.
We cannot fix climate change on our own. It is the original collective action problem. It will not work unless almost all the large economies come together on one platform. Abhijit Banerjee writes.