Kaushik Basu @kaushikcbasu
Professor of Economics, Cornell University, & former Chief Economist of the World Bank & Chief Economic Adviser, Government of India. New York Joined December 2008-
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New paper series from Cornell's Einaudi Center launched: CRADLE Law & Economics Papers. Opening papers by Ariel Rubinstein & Michele Piccione, Ajit Mishra & Andrew Samuel, Pengfei Zhang & Ji Li, and Robert Hockett. Submissions open. @Cornell @EinaudiCenter…
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My OpEd in Bangla on managing economic inequality. anandabazar.com/editorial/essa…
That’s impressive, but not correct.
Hobbes famously noted that, without the strong Leviathan, life would be solitary, poor, nasty, brutish & short. What he didn’t say is that with the wrong Leviathan, life would be solitary, poor, nasty, brutish & shorter. Hence, the case for democracy.
The joy of research on a weekend. (Can you guess the artist on my computer screen?)
Latest data (from the World Inequality Lab) show inequality in India has reached alarming levels, last seen in colonial times. The colonial masters had managed to persuade people that such inequality was good for them. Luckily, everybody couldn’t be fooled & colonialism ended.
Glad some political parties in India are proposing a law to recognize civil unions between couples belonging to the LGBTQIA+ community. A civilized society is one that recognizes the right to civil unions.
1950 USA saw the rise of McCarthyism, a form of hyper-nationalism, hatred of the “other” & trampling of free press. That would’ve ended the American dream. But the principled actions of supreme court judges ended McCarthyism & saved USA. Read Ch. 6. press.princeton.edu/books/hardcove…
A standard feature of authoritarianism is that polls & public statements suggest the incumbent govt is more popular than it actually is. In 1977, during the Indian Emergency from polls & public statements it appeared Indira Gandhi would sweep the elections. The opposite happened.
Memory lane. With Amartya Sen in Santiniketan.
The biggest inequalities in life occur at birth. Some are born abysmally poor, some rich beyond imagination. This has nothing to do with their hard work & has no moral justification. This is the reason why an inheritance tax to curb inequality is a must in any civilized society.
Since so many liked the art of the Santals from Bengal’s Purulia District, here’s another one.
Kaushik Basu retweeted
शानदार है
My grandson wilting with the chess trophy he won in school.
Stunning roadside art, Hura, Purulia.
Stunning roadside art, Park Avenue, New York.
Kaushik Basu retweeted
.@POTUS’ unconditional support for Israel over the past six months has benefited Israel’s embattled Prime Minister @netanyahu. But it has not necessarily benefited Israeli citizens, notes @Cornell’s @kaushikcbasu. bit.ly/4b5xjK5
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The Nobel Prize @NobelPrize
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@kaushikcbasu At least, kothao to বিকাশ dekha gelo... 😜
@kaushikcbasu “Bikash Bhattacharjee”, the Indian painter from Kolkata.
@kaushikcbasu It just has to be my fave artist Bikash B !
@kaushikcbasu Bikash Bhattacharya’s painting is your wallpaper..
@kaushikcbasu 🎨 Bikash Bhattacharjee 🖌️
@kaushikcbasu What if majority vote for and elect a wrong, strong leviathan ? That’s what democracies often end up doing…as in india of today.
@kaushikcbasu All the people who were problems in their early lives were turned into some sorts of Thinkers or Phiolsphers …. Circumstances make us turn inwards to find out the meaning of life. Thank you Dr Basu for sharing your thoughts. Namaste 🙏🏼
This big old oak fell recently but it is so majestic even in death and still supporting life! #OurWawar @asiyakhantrees
Stopping smoking or sweating smokers? I wrote this about how big a billionaire tax should be. equals.ink/p/stopping-smo…
शानदार है
Stunning roadside art, Hura, Purulia.
@kaushikcbasu Little Girl Loves Her Bird tried this earlier..... Regards
@kaushikcbasu Prof @kaushikcbasu da Sir, is Geometry intuitive?
All thanks to the present day regime of India which has set a narrative on only Religion,rest, nothing matters. Therefore the more talented need to cross the seas for better avenues and Life. #NoVoteToBJP
Illegal immigrants to USA used to be largely from the Americas. PEW data show this has changed. The 5 countries from where the largest illegal immigrants are coming to USA now are Mexico, El Salvador, Guatemala, Honduras & India. This is such a waste of the talent in India.
@kaushikcbasu Professor I mean no disrespect but it looks more like a laughing hyena 😂😂😂than a zebra (maybe a love child of a zebras and a hyena on a chance meeting during the watering hole) 😂😂😂
@kaushikcbasu JUTE manufactured in hastings jute mill , Hoogly, west bengal ?
@kaushikcbasu Lowbolization for unfair globalization.
@kaushikcbasu Subho nababarsho dada apnake... Subho hok sab 😊🙏
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