Amartya Sen is the most overrated Economist.His Theories are typical of his Bengalee Origin. Maximum Theory and Minimum of Practical Use. No wonder Bengal is the Worst state in India in spite of Intellectual people!
Re: Amartya Sen
by Ananya Gupta on Jul 10, 2013 02:59 PM
dear kraft -will u share with us in this forum your academic qualifications and give us a little hint about your success story of life-since you speak like an expert here
Re: Re: Amartya Sen
by kraft on Jul 10, 2013 03:05 PM
I am an IITan, a Practicing Engineer, a Guest Lecturer in a Central Govt. Institution and have sufficient knowledge of Macro Economics to understa nd and Decipher what Dr.A.Sen says [in his low voice].I am a Sr. Citizen who works hard to deserve what I get and I closely Follow Indian Politics and Economy.
Re: Re: Re: Re: Amartya Sen
by kraft on Jul 10, 2013 03:15 PM
The Food Security Bill is an out and out Political Act which even the Agricultural Minister has reservations about the Practicality Aspect I am NOT writing in support of it at all. It is the Dying Gasp of UPA to get Votes at the expense of the country.[I dont care if Amartya Sen Supports it]
Re: Amartya Sen
by Vish on Jul 10, 2013 03:31 PM
Spot on kraft. Totally agree with you. Thanks to 'intellectuals' like Sen, West Bengal is now Waste Bengal. Non-resident Bengalis know this and don't want to return to Waste Bengal. Even Amartya Sen prefers to live outside, rather then return home to practise his theories.
Re: Re: Amartya Sen
by chanakya maurya on Jul 10, 2013 04:09 PM
My dear Kraft. The bill is a witcraft. Sounds more like vote security bill. Waking up at the tail end of their term the power hungry UPA is obviously in an undue hurry to have the bill passed, and pass the bill (it is going to cost heavily on the exchequer) to the unsuspecting population of Bharatvarsh.
Re: Re: Re: Amartya Sen
by chanakya maurya on Jul 10, 2013 04:11 PM
btw, there is a PIL in the SC. Someone took up the cudgels because CJI failed to pick it up from the media.
Re: Amartya Sen
by apurva singh on Jul 10, 2013 04:07 PM
totally agreed with you. i was shockedd to read the lame_excuses for UPA's economics given by this Sen.. even a layman like me could figure out in 2008 that UPA is leading us to economic_doom. the 'redistribution' part is really the great socialist knockout_punch; there is no talk about wealth generation or job creation, simply moribund, stterile redistribution. god_save us from UPA and ppseudos like this Sen.
Re: Amartya Sen
by M on Jul 10, 2013 04:24 PM
Guys become paranoid to comment against Celebrities and feel great about it. Its all bad here because of bad ruling class and not people of the land...and remember these ordinary fellas dont make ruling classes here ;they just keep side or keep-aside of them!
Re: Food security bill -
by arupratan sit on Jul 10, 2013 02:51 PM
u r right...politician gains but tax payers does not loose, the money is not going out of the country also politicians are not carrying it to their heavenly abode.
Re: Re: Food security bill -
by arupratan sit on Jul 10, 2013 02:53 PM
their should be barter..in the whole FSB there should be paper but there should not be any currency involved
Re: Food security bill -
by kraft on Jul 10, 2013 03:24 PM
i think P.Srinivas's Analysis is Practical and more useful for the country than Amartya Sen's Pet Theories.
UPA (Congress) had 3 step strategy (1) Punish & Abstract more & more money from Tax Payers (2) Give away this money to their VOTE BANK (3) Come back in Power using same VOTE BANK & Start Punishing All TAX Payers for their Personal Motives... Can anyone tell me, as a tax payer what benefit you are getting from this GOVT ??? Don't you think as a tax payer you should have some right & privilege in the country ? ----
Here the privilege has been given to who don't pay any tax ! They are getting all special benefits & treatment from GOVT ...
Congress is looking INDIA as their BUSINESS AREA & to keep it's BUSINESS Running, they use all such mechanism which keep most of the People in the country to BEG ?
Re: We need change in 2014 -- for better India to save India.
by jatinder kasturia on Jul 10, 2013 05:21 PM
In year 1917 u cud buy 13 USD in 1 Rupee see where this party has taken us
Cong knows their time has come to step down. This makes them even worse. They are now amassing wealth to fight battle after 5yrs. Writing is on the wall as for the 2014 election is concerned. It is either NDA or Kichidi govt
It is socio economic suicide just to get votes nothing else. We are not bothered about our young generation. Meaning full education and job can only sove the issues of poor nothing else
Re: UPA and the economic consequences of Amartya Sen
by kraft on Jul 10, 2013 02:58 PM
UPA AND Amartya Sen [and his Pet theories] have done Enough damage to this country and they both need to be removed for the Nation to survive.
This article is falling short of offering a solution to the problems, solution lies in recovering taxes from huge black money operators literally running a parallel economy, money staked in overseas banks illegitimately, crushing the trader/builder/Buisness/politicians/underworld nexus, make people capable of paying for the right price of essential commodities, empower, educate & employ them in some trade gnerating income & mak them pay taxes & then give them infrastructural benefits, emphasis must be given to developing a robust domestic trade & industry, encourage research & its implementation, make people live a life with self respect & dignity
Terms like "RRE" are high sounding in the context of UPA. In TN, the previous govt did the same and the motive of the then CM was to preside over smoothly, the transfer of power to progeny. This crippled the state's economy and as far as the people were concerned, they faced huge power cuts. Hence in 2011, the party could not retain power despite heading a very powerful alliance. The same thing holds for UPA too -here too, the motive is to see the progeny of the head of UPA being installed as PM (with clear majority for its major partner- the results are similar for the people(instead of power cuts , it is a series of scams here). We hope to see a repeat of TN(2011) in the all India level too in 2014.
No economy will work if people are given free food, clothing, shelter and medicals. Modern economic theories have failed everywhere because they basically focus on eating what others have grown and also on applying some patchwork to push the problems to a future date. These problems will only become bigger in future. Only one model will work, where people are encouraged to do work and benefits are given to only those who work.
Re: simple theory
by ashim chakravarty on Jul 10, 2013 01:56 PM
Then everyone should get equal oppertunity to get training Work,, is that existing as per you ?????
Re: Re: simple theory
by ar on Jul 10, 2013 02:03 PM
It may not exist as of now. Govt should focus on that and make changes wherever necessary. Directly giving the fruits of labor is only likely to make people lazy, and more dangerously, more demanding. There is no fruit without labor. It is against nature. Anything against nature is bound to fail.
Re: Re: simple theory
by linus on Jul 10, 2013 05:20 PM
But who is responsible for that too ? Congress/UPA has ruled us for more than 50 years !! They have only made things worse and nothing better
Re: simple theory
by kraft on Jul 10, 2013 03:27 PM
Excellent ar. Yours is the ONLY Practical Theory. There can be NO FREE MEAL.This is the basis of ALL evolved Democracies.
Instead of spending money on roads , Education, and Power , UPA has been wasting the taxpayers money on these vote catching schemes for themsleves............. ..................................................... Free food.. Food security bill . 2 lakh crore /year ( SONIAs pet project)........ Free Money.. Direct Cash Transfer ..3 lakh crore /year ( Rahuls game changing idea)......... Free Jobs .. NREGA .. 50,000 crore /year........... Free Loans ..Farm Loan waiver ..80,000 crore.........
All these schemes for Congress to get votes is to be paid by Middle class , through ....
Higher Taxes , Higher Interest rates , Higher Inflation , Higher Dollar prices and Higher Fuel/power prices ....
All these schemes hardly reach the poor and is mostly scammed by netas and babus into black money and swiss bank accounts.....
Re: WHEN SONIA WANTS LAKHS OF CRORES TO BUY VOTES , WHO HAS TO PA
by gopalakrishnan caruthedath on Jul 10, 2013 01:48 PM
Very true. It is always the middle class who suffers. This constituency is not represented at all in any of the government schemes.
Re: Re: WHEN SONIA WANTS LAKHS OF CRORES TO BUY VOTES , WHO HAS T
by Ashok Gaur on Jul 10, 2013 02:11 PM
Middle class is not vote bank.Moreover mostly if go for voting,vote for BJP.
