Monday, December 29, 2025 | 11:48 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Amartya and the 'Who'

Image

Business Standard New Delhi
Michael Spence, recipient of the 2001 Nobel Prize for economics and Professor of Economics at Stern School of Business, New York University, made his stand clear on the Jagdish Bhagwati-Amartya Sen debate that roiled the media a few months ago. In the capital recently for a lecture, he was asked whose model he supported, Sen or Bhagwati's. "Amartya and who?" he replied deliberately. If anyone was left in further doubt of where he stood, he answered the question in more detail later, unequivocally saying Sen is partially right in attaching more weight to distribution for growth.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 26 2013 | 9:06 PM IST

Explore News