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He doesn't have anything to do with petty political fights, he is way beyond that Level.. He got back to sleep peacefully after hearing the great news.. 👏👏👏
amzn.to/2qo4Huh In this revolutionary book, renowned MIT economists Abhijit V. Banerjee and Esther Duflo take on this challenge, building on cutting-edge research in economics, explained with lucidity and grace. Original, provocative, and urgent, Good Economics for Hard Times makes a persuasive case for intelligent interventions toward a society built on compassion and respect. It is an extraordinary book, one that will help us appreciate and understand our precariously balanced world. Abhijit V. Banerjee, a winner of the Nobel Prize in Economics 2019, is the Ford Foundation International Professor of Economics at the Massachusetts Institute of Technology. amzn.to/2qo4Huh
@N Dash India a Islamic nation😂😂😂 Only a donkey can have such kind of fictional vision. I think you must have read the syllabus of what's app University very religiously.😂LOL.
@N Dash Did you ever read our indian history. You seem like educated guy please educate yourself even. And about Pakistan. Its name is itself is Islamic state of Pakistan. There were two Pakistan when they split from india. Its basics history. 🤦♂️
Absolutely brilliant - Straight forward, open, true, clearly stating likes dislikes, professional This is the kind of people we need to bring the humility , humor and thoughtfulness back into the system.
"I want to be seen as a professional" - real great men are really humble. I really have become a fan of Prof. Abhijit. He so pragmatic and not opinionated. Thank you very much "The Wire" and thank you Karan for this fine interview.
@@shrisub881 Scientists has prove that those who are accurate in simple mathematics are good for clerk/accountants, but not good in higher level of thoughts and structural ideas and philosophy. Newton who invented Calculus would have even failed bank SSC exam, even Einstein would. Actually Einstein was pretty bad in mathematics during his school day.
@@sumitkumarroy2307 That has been debunked many times. another myth was einstein had poor language skills. it's simply not true. Einstein was able to do complex maths in his head and of course his visual spatial ability was reknowned
@@bobknob9196 do you know that Einstein had learning disabilities during his childhood? He managed to pass his engineering because his roommate was the class topper. And on his roommate's recommendation he got the job in patent office. The only thing he studied during the 4 year of his polytechnic college was thermodynamics. His first research paper on special law of relativity came out on his understanding on Brownian movement of gas molecules.
@Jr26 S Give the source for that. In case it's true, I would ask : How does it discredit his professional side, if that's what you are trying ? And while cheating in relationship, lying to close ones are human vices, it certainly does not make people scoundrels like some arrogant politicians having parliamentary power.
@Jr26 S who said anything about hero worshipping. It's you only. To appreciate someone means worshipping him/her, looking away from any potential vice of his/her, devoid of any reasoning, hmm? And provide the source for the information you gave.
Enron management was highly educated but they were not simple! Many IAS officers are highly educated but their life style and way of speaking is never simple.
So, Sadanand ji... Kisiko educated hone ki, logical hone ki, Soch kar baat bolne ki zarurat nehi Hain ... Sab angutha chap reh jaate Hain, aur seena tanke attitude dikhake baat karte Hain ... Mera 56 inch Seena Hain Isiliye main sabse Acha PM hoon ... Matlab is hisab se jitne log gym karte Hain, kusthi karte Hain Woh utna Acha PM banega
Professor Banerjee, congratulations on your achievement! Although I have always equated Economics to Rocket Science, I found your interview very gripping and engaging.
Thank you wire for this great interview. Thank you Karen Thapar for bringing up such a well thought and planned work. Abhijit is such a simple and wonderful person. Points he made are very simple and great and big point is he is so authentic that he says everything so easily and calmly.
Swapan Dumb alok..its gandhis, MMS and likes of chidambaram are the ones who gave country mnreaga(its the mnrega itself which is acting as a buffer[as its payments go into consumption cycle unlike tax corporate tax cut, which goes into cos coffers and nothing productive happens)and saving india from recession right now ] rte and rti food security and probabaly even gst if modi hadnt stalled it for years as a bjp cm.. On the contrary what has Modi given India lesser avg growth ,disaster like demo, fucked up gst , servile media And yes, get out of this left right propaganda shit..check the deliverables on which nda1 and 2 have failes miserably despite having majority...andbevry knows the reason for it..that dimwit sanghis are sold to ambanis and ilk
@dev gana I hope you aren't joking about this. I thought he has always been shouting and offlate he's shouting doesn't even make sense to him- he seems lost in a maze.
"The police are under trained, under funded and even their legal backing is not fully clear." - he makes things look so clear and easily understandable.
@worldfacts 4u Yes I agree man. These guys believe in communist ideology. Perhaps these pseudo intellectuals should take a lesson from Soviet Union collapse.
Pure gold...KUDOS to both the stalwarts: the tough guy , Mr Karan Thapar and the man of the moment , Prof Abhijit V Banerjee for a highly engaging and stimulating session!!!
I guess what he means is that, when the chains make growth hopelessly impossible , you must break free of the chains and never look back. Even though the chains are made of fervent nationalism.
amzn.to/2qo4Huh In this revolutionary book, renowned MIT economists Abhijit V. Banerjee and Esther Duflo take on this challenge, building on cutting-edge research in economics, explained with lucidity and grace. Original, provocative, and urgent, Good Economics for Hard Times makes a persuasive case for intelligent interventions toward a society built on compassion and respect. It is an extraordinary book, one that will help us appreciate and understand our precariously balanced world. Abhijit V. Banerjee, a winner of the Nobel Prize in Economics 2019, is the Ford Foundation International Professor of Economics at the Massachusetts Institute of Technology. amzn.to/2qo4Huh
@sumeet sharma tum jaise chutiyon logo ke yahe problem h...agar koi modi ke burai kare eeska mtlb ye nhi ke wo pappu ko support karta h.... esliye tum logo ko m gobar bhakt bolta hu....
Friend I sincerely like your comment as it reflects thirst for quality. I request that you please aim higher or highest possible read any of the likes of following: Sant Kabir or Bodhidharma or Rumi or Sri Bhagwat Geeta or Quran or Essay in Zen by D T Suzuki ... that stuff is actually very contemporary, even for economy. Sorry my friend, I am assuming you have not read any of that stuff. But I am DEDUCING that you have not read any of such sources with intention of finding solutions to personal or public problems. Had you done so you would have seen this interview with FEAR AND HORROR for our spiritual kin who by chance were born in material and emotional poverty where getting out is almost impossible. Kindly notice one thing is clear that the "developed economies" are perpetually in trouble (as respected Abhijeet is very clear that macroeconomics is almost impossible to predict ... I wish he had factored in some hypothetical scope for deliberate manipulation ... at least partition of the British ruled India was a definite manipulation to force all three countries that exist now to invest heavily into defence - I would prefer to call it constant war, there is no defence ... manipulation of US markets and consequently other markets too before 2008 led to what we call 'sub prime crises' ... the bloody 'libor scandal' was simple pickpocketing on a global scale ... and EVEN WITHOUT THE MANIPULATIONS Respected Nobel awardee Abhijit acknowledges that things are chaotic towards the darker side ... he says that the influence of social media scares him ... ). Further the "developing economies" are even less predictable so intervention for improvement is very limited. Kindly recall climate change is now established. No country or all countries together are not even doing a bit to repair. Now let us put 2 and two together ... the solution seems to be mass population reduction. So please check how conflicts are generating and gathering momentum in various countries (except the developed economies) where weapons industry is the only party who is actually WINNING. So please correct me if I am wrong in guessing that we will be using our tax paid money to mass reduce human population in developing economies and the problems of developed countries with respect to sustainable development or resources crunch or climate change get solved. And they will ensure that nobody uses nukes as the after effects of that stuff is beyond control. This is like a feast where roast duck will be served, every one enjoys a roast duck ... except the duck itself. You and I are the duck friend. There is a solution but it is so simple that nobody likes it ... the solution is for you and me to refuse getting manipulated into going to the "feast where roast duck is going to be served" ... because let us look into the mirror, we are ducks and we know what happens to ducks there. We need to swallow bitterness of past and build ... but being a compulsive gambler I bet you that most of us are already on way to "roast duck feast". Sorry if I hurt anyone's feelings. ... honestly I never do that intentionally.
@@sash6994 You are factually correct to a great extent: but I would really appreciate if you don't look down upon us Indians. Sincerely, we are not a monolith: though we do share profile/s. There are quite a few quality traits we have ... like me not reacting in anger towards your apparent insult ... nor am I going to turn the other cheek. I just informed you that may be we humans need to be a bit considerate: otherwise we end up spending tons of money on weapons. Take care and be happy.
After 10 years may be he will get... Ri8 now he works in college and big corporates..... He hasn't not started in research work for poor till now... May be in future he will do it
He belongs to a list which contain tagoare, ronald Ross, rudyard keepling, hargovind khoranna, chandrasekhar......... Greatest minds of the last 120 yrs...
Obviously it will be below his dignity to even respond to such a stupid comment... This person has done work leading to winning the most prestigious award for human intelligence... He doesn't need to explain himself to anybody!
He is way way way above the likes of Rahul Sinha to be perturbed by such statements. Also remember politicians are baked to make such controversial statements, educated people are in a different world.
@@thescorpionking2020 your comments clearly show you up as an illiterate piece of shit..... Actually a little more than that.... A cowardly piece of shit who's gonna receive his comeuppance soon
This was the conversation between two educated men. Whether you agree with him or not, Abhijit Banerjee is not only educated but also intelligent , thoughtful, humble and open minded.
what a man !! so erudite, so humble, and yet confessing that he doesn't understand how the economy works.. I wish a little drop of this type of thinking goes into the heads of present rulers of this country..!!!
@ismart genius ismart genius Jiski dusri biwi foreigner hai usko hi Noble mil ra hai, kya jabardast pattern hai. Ye us bjp k behen k laude gandu randi ki aulad rahul sinha ne tweet kya kal.
When no one can give the right answer, then BJP Central Govt would come on personal attacks, it is very shameful, This shows their cowardice, illiteracy, at least look at the level of the person,his education,his humbleness and achievements 😞 anyways no hope from the fanatic idiots❗️❗️❗️Congratulations and great honour to nobel laureate Mr and Mrs Banerjee yes you certainly deserve it 😊👏👏👏👏👏👏👏👏👏👏👏nice job as always Mr K Thapper👍
@@1crude0slick1 thank god you're not one of the esteemed member of the Nobel prize coucil. Clearly your mindset won't allow you to see at a larger picture. It would be stuck to find filth around. Also, before commenting on a credibility of a person shouldn't you be at her level? My mum dad taught me if you don't have something nice to say when you see someone succeeding, don't say anything.
I agree but how can he write about only Muslims and dalit crimes and ingoring other crime in India .does he have any idea about other crimes people expect polarisation from politicians but not from Nobel prize winner .whole world will believe it while mainly poor people are being targeted not only Muslims or dalit .
Abhijit has done nothing for poor of India.He studied on Indian taxpayers money and working for the USA.He has no right to speak about our internal matter
A brilliant interview. Thank you, The Wire. Dr. Banerjee comes across as a man of great humility despite his extraordinary achievements and scholarship. Instead of belittling him and his work, the government and the country will benefit enormously if they listens to him carefully. It takes extraordinary amount pettiness to not celebrate the winning of the Nobel prize by a fellow Indian. The section about the impact of social media on the future of democracy as a political system is both edifying and frightening. I would like to complement Mr. Thapar for presenting great interviews one after the other.
21:10 He did not express it but his voice did change because of that personal attack! He did feel sad about it was evident. I mean Rahul Sinha was bringing his relationship, his wife in question i feel absolutely ashamed of such people hold such important positions !
@@priyamalhotra3794 Noble price committee had done mistake in considering him because modinomics is strong contender of Noble prize ....either abhajit,raghuram Rajan,urjit patal are stupid or modi, mota Bhai,Nirmala Dadi..aur ha piyush loyal had studies all economics....
@@kamleshgolhani you still think that guy is not a goon after listening to that comment "mai dostana rishte bnana chata hu". then thapar said modi saab, thats gundagardi by a goon.
Give me some cup of cold water....am totally thirsty.....Modi got know giving answer to the interviewer as not easy as giving answer to his followers ...🤗
Such a gentleman! So sober, down-to-earth! Instead of vilifying such an intellectual, any sane Govt would listen to him and seek advice! Being a Bengali myself, I really feel proud! You made us so much proud all over again after Amartya Sen! May God bless u!!
@@s.k5100 sahi kaha bhai. Kisi ki taareef karo toh inki jalti. Kuch acha bolo toh inki jalti. Bus in kutto ke dimaag mein hee Pakistaan, Hindu Musalmaan, tripal talaaq, 370, yahi bhara hai. Aur iske aage kuch nahi soch sakte. Saamne aakar boley toh fatke girege inko.
Great !What an interview !! He explained everything in a such a manner I become Great fan of Him. His views were clear and He put them by giving examples . He is associated with many states in india as he mentioned Gujarat tamil nadu and many more .. One thing I did not like was one should not interfere in his personnel matter.
@@mangeshmugve8363 I certainly like Modi due to his extra ordinary career but one should be extremely cautious in dealing with economy as it affects all aspects of life of Billion of people in India, Rhetoric doesn't constitute a fact, Government should be focusing more on Economy as middle class expectations are extremely high, I don't think people would hesitate in kicking them out. Also as Fienman said your understanding of an idea comes out from the fact that how easily you can present that idea clearly to someone who has no background in it, I am not a student of Economics but Prof Banerjee is extremely clear about his ideas and opinions on present problems with Economy. If this situation continue for two more quarters this would be an extraordinary damage to our economy and life of many workers especially in rural area and informal sector.
This is exactly what it should be. No one-upmanship. Just level headed talk and clarifications. In the end, the listener is satisfied and enlightened in good measure. Kudos & thankyou the Wire, thankyou Karan, thankyou Abhijeet.
Thank you for speaking on De-centralization. Much needed in India at the moment. Without De-centralization we are slowing the development of the entire country and promoting development of specific cities and sectors.
So observant of you to spot a typo. Well done. I, sometimes, overlook typos in official documents. If you have spare time in your life would you like to work for me?
Interesting Interview I agree with the Mr. Banerjee 90% during this interview. It is one of most revealing interviews and look forward to reading his book.
He really felt bad for comments made on him. It can be felt from his voice that point. By d way whatever immature people think doens't matter.. we really proud you sir.. congratulations
To keep the native capitalists on board one has to make it attractive for them to stay on shore and invest their money and employ people as workers. If you want foreign investment in the country the same applies! It may be coined as crony capitalism, but true reality has to be seen in its perspective! Growth comes from investment by people who are prepared to take risk with their money! Arm chair philosophers and no hoppers can babbler about to excite some. But they are not the risk takers!
Mr. Banerjee: The first solution for today's Indian economy is 'praying' and the second is more 'praying'. BJP: 'That's why we are busy with Ram Mandir'.
Thank god i red this comment. Until now i was assuming it as "prey" which i thought could be a word related to economics. My mind was not ready to accept or to hear word like pray in an economics themed interview which means it's really concerning state our Nation is in. Even economist have to rely on god to ensure the future. Can't believe we have to witness such things actually happening. It's just dark times ..
As Abhijit Nair said BJP has no economic philosophy or vision. What they have is hindutva ageda thats all and they thought country will take care of itself. And just like hitler they themselves fell for their own propaganda and were working according to that rather then acknowledging the truth.
एक भारतीय अर्थ शास्त्री अभिजीत बनर्जी को नोबेल पुरस्कार मिलना हम सभी देशवासियों के लिए गर्व की अनुभूति जगाती है और एक भारतीय पत्रकार रवीश कुमार को रेमन मैगसेसे पुरस्कार मिलना भी हमारे लिए गर्व की बात है हां हमारे पीएम को यह सब नागवार गुजरा है इसीलिए इस घमंडी और संवेदनहीन व्यक्ति ने इनको बधाई तक नहीं दी कोई बात नही आप दोनों ने देश का मान बढ़ाया इसके लिए दोनों कोटिश बधाई
I don't think he is Indian, his origin is India, not citizenship!!! Tell me what Amartya Sen did for Indian economy, he too won Nobel? Doing research and implying idea on 130+ cr is different. Nobel isn't given for implementing, but for original findings, whether it's applicable or not is different issue!!!
@@sushamapethkar483 don't ask some one what he did for country ask yourself what I have done for country as far as getting Nobel prize for economy both amritya sen and Abhijit benrji is certainly subject of proud for us ànd the slave for chroni kepatlists our government,s minister piyush goyal discarded him saying he is Left leaning thought instead of Co gratulating him meanness comes out from his mouth
@@VijaySharma-il3kr I am a scientist and had been a consultant to DRDO project as well. We know how we struggle to make things happen. So advise anyone without knowing whom you are answering. Had Dr. Sen & Dr. Banerjee worked in India for indians then I am sure they would not be honoured by Nobel!!!!
@@sushamapethkar483 dumb he studied same school where I studied in Kolkata.....he studied in jnu....he just go citizenship in 2017 ...If wanna give an excuse make it strong not lame....and what amartya Sen do if govt. call him communist and don't listen to him
@@spyboy0076 As a matter of fact, both Dr Sen & Dr Banerjee didn't work for India. I don't know what is your understanding, but let me tell you work is economy isn't everlasting like basic sciences and medicine. It has limited effect and works in limited domain. Both didn't work in India because they don't have solution for Indian economy!! And, why they need to approach Government, anybody who becomes RBI governed, or businessman still can bring solution to Indian economy. There is no universal solution to world economy.
Congratulations Mr Abhijit Banerjee. I can only say people like you are Real patriots, doing great job. Forget about few cheap polticans who are bent upon to distract. The country is proud of you. I thank "The Wire". Doing great job, specially Mr Karan Thapar.
It seems, the question is now, in the public domain, as to speciality lies in wife..foreign origin can ensure fortune!! Expect, Nobel' would now do due justice, by extending some good to this nation, ..for at least removing such apprehension from the root...
What an interview. The nobel laureate was all d way balanced in his responses to Karan Sir's questions. But, alas, he happens to be an Indian so he won't get much respect in here even after all he's done and achieved for d country.
Hahaha ikr, they get criticized left and right by the foreigners for whatever bad happens in India, so they have no choice but to speak about it, Aasmaan se gire, khajur Mei atke 🤣
The way he has analysed about social media is really interesting and also it makes me feel sad that we have to go through this...wish social media was regulated
Really insightful interview. The simplicity with which all the economic issues were explained revealed the expertise Mr. Banerjee has... Thank you Wire for this awesome piece.👍
