The decline of a great institution

Delhi School of Economics once had Dr Manmohan Singh, Amartya Sen as professors. But it has failed to acheive its potential

Manmohan Singh turned 87 a few days ago. Inevitably thoughts turned to the only real exposure I had to him, which was 49 years ago at the Delhi School of Economics (DSE). He taught our class international trade. For all of four months, I think.
 
Inevitably, thoughts also turned to how so many of those who taught there at the end of the 1960s went on to great things — none more so than Dr Singh and Amartya Sen — while how, as an institution, its reputation declined.
 
As Jean Dreze pointed out in an essay published in