Amartya Sen in a conversation at a Book Release on the Indian Economy under Modi

Prof. Amartya Sen released a volume on the Indian economy under the Modi sarkar edited by Dipa Sinha, Shouvik Chakraborty, Srinivasan Ramani and Rohit Azad. It is a collection of 14 articles on almost every aspect of this government done in a simple objective fashion. The authors have let the data speak for themselves! Prof. Amartya Sen, Prof. Gopalkrishna Gandhi, C. Rammanohar Reddy and Prof. Zoya Hassan were in conversation with Prof. Jayati Ghosh.

Lecture Series on Alternate Theories of Growth and Distribution A. Erinc Yeldan, Bilkent University

 The classical, neoclassical and the new theories of growth and their implications for development macroeconomics with a direct focus on issues of distribution. The determinants of the wealth of nations and also the appropriate national policies to achieve sustained and stable growth. The economic machine regarded as being in motion towards its long run (steady state) equilibrium, in all its giant complexity with many interrelated markets and different agents, classes and institutions. Examination of the recent evidence on the stylized facts and empirical regularities of economic growth across nations. Study of traditional models of growth that were designed to…

Jayati Ghosh on the Employment Crisis and Lack of Effective Demand in India

Jayati Ghosh speaks on the employment crisis, which is essentially the result of inadequate demand in India. Labour-displacing technological change is a problem not in itself but because it occurs in a neoliberal economic context, in which public spending on employment-intensive activities is constrained. She proposes massive expansion in public employment (in  education, health, sanitation, care services including for the young and the elderly, community services etc.) and the need to support micro and small enterprises through credit, input and marketing assistance, basic infrastructure and amenities like power and water supply etc. She argues financing these activities is a matter…

Professor C. P. Chandrasekhar on amalgamation of three banks C. P. Chandrasekhar

In an attempt to resolve the Non Performing Assets crisis in the country, the government's projected solution in the form of bank mergers, like the recent Vijaya Bank, Dena Bank and Bank of Baroda merger, points out that the end game of this process is privatization. (This video was originally published in the News Click on September 19, 2018)

Development and What it actually means A seminar remembering Vineet Kohli, the economist from TISS.

How has the idea of development has changed over the years? Utsa Patnaik, T Jayaraman, Prabhat Patnaik, Abhijit Sen and C. P. Chandrasekhar participate in a discussion moderated by Jayati Ghosh, at a seminar held on 19 August 2018 in Jawaharlal Nehru University to remember the young economist Vineet Kohli who passed away recently. (This video was originally published in the News Click on August 20, 2018)

Lecture series by Professor C. P. Chandrasekhar on ‘Karl Marx’s Capital & the Present’

The Safdar Hashmi Memorial Trust (SAHMAT) organised a series of four lectures by the eminent economist Prof. C.P. Chandrasekhar to commemorate 150 years of the publication of Volume I of Karl Marx’s seminal work, Capital at Indian Habitat Centre, New Delhi. First Lecture (on 9 September 2017) The first lecture, titled ‘Capital and the critique of bourgeois political economy’, was delivered on 9th September 2017 at the India Habitat Centre in New Delhi. In this lecture, Professor Chandrasekhar talks about Marx’s analysis of capitalism as an inevitably transient mode of production in a constant opposition to political economists of that period.…

Economic Development for Transformative Structural Change

Economic Development for Transformative Structural Change: Lack of Alternatives Is Not the Problem (pt 1/4) Historically all major thinkers about the economy were development economists as they saw the economy going through transformative structural changes and that is what they studied, says co-editor of The Handbook of Alternative Theories of Economic Development. Economic Development for Transformative Structural Change (pt.2/4) 1947 was a year of political ambition, says a panelist for the book launch of The Handbook of Alternative Theories of Economic Development in posing the question, "Do we have that same level of ambition in the current crop of international…