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Keynote Lecture: "Global Poverty", Abhijit Banerjee
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- Опубликовано: 18 авг 2024
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One Bengali married into the Rothschild Family- the wealthiest n most dangerous family on the planet!!! Amartya!
Now another one is on his way !!!
Poor countries don't need income redistribution. They need good governance, education, jobs etc.
Those are income redistribution. POOR DO NOT HAVE ACCESS TO THOSE Facilities and need govt investment.that is redisttibution of incomre.
Redistribution doesn't mean to take from someone and give someone else. All these things you are saying, good governance, education, jobs etc, all needs focus towards redistribution of national wealth, resources, energy and allocate in a more equitable manner. For example, good governance can only happen if the political power is redistributed to include more and more people instead of political oligarchs.
As the goverments of poor countries are rather rich they have an awesome lot of money for social spending, is your fallacious argument, I suppose!
@anamoyranjan447 This does.not have to be a huge amount of money.This may be improving access to.service.
Deakin GIFT University Main Milenge Prof. After Lunch in Buisness Analysis Department 😅.
Until we know what to do with money we will continue to make it and let it be.
Giving lecture on Poverty in an air conditioned auditorium in Paris- what a hypocrite
guy is having problem explaining
No country is poor in the strict sense.
Minimal government and maximum governance should be the order of the day and to stay.
Now we have all the tools to solve the problem.
Basically human beings primary objective is to solve problems.
Not to discuss problems.
Just go ahead with the solution.
Think tank, policy makers and rhetoric are only aids to waste time money and talent.
Get to the problem and find means to solve the problem.
After all Nature dictates
1. keep blood in circulation or else result is death
2. Keep water in circulation or else result is disease and ailments.
3. Keep money in circulation or else result would be poverty.
Hence ENSURE THAT ABOVE THREE ARE CONSTANTLY IN CIRCULATION.
NO STOPPING.
Entrepreneurs and innovators end poverty NOT these academicians(of economics)
Had India followed the advice of great economists like Milton Friedman and Friedrich Hayek Indians would be rich today. Please check out the discussions between Ajay Shah and Amit Varma here on youtube.
@@tubelz Thanks for the recommendation
@@provashmallick2191 Amit Varma also has a podcast, The Seen and Unseen. Brilliant Discussions on the Indian economy. Ajay Shah has written a book you wish to check out, "In Service of the Republic". Milton Friedman came to India in 1955 but his advice fell on deaf ears. His memo to India is online and worth reading even today.
@@tubelz would have been better than following keynesian
@@tubelzHindsight, of course, has a great evidential value. Only that following Friedman's economic vision will need you first to be a first-world country with pre existing financial and industrial 'space' to grow and a large middle class with spare, disposable income to drive consumption.