Nobel Laureate For Economics

Claiming that Nobel laureate Amartya Sen has been occupying parts of a plot of land in an "unauthorised" manner in West Bengal's Santiniketan, the Visva Bharati has urged the economist to hand over that portion to the central university. A letter signed by the deputy registrar of the university on Tuesday said the residence of the noted economist has been built on an area, which covers extra 13 decimals of land. The university also said it was ready to undertake a joint survey of its representatives and the surveyor or advocate deputed by Sen to verify the claims if he wanted. "It has been found from records and physical survey/demarcation that you are in unauthorised occupation of 13 decimals of land belonging to Visva Bharati..." the letter said. "You are requested to hand over the said 13 decimals of land to the university at the earliest," it added. The Nobel laureate's father Asutosh Sen had taken 125 decimals of land on lease from the varsity in 1943, its spokesperson Mahua

Noted economist and Nobel laureate Amartya Sen has said that there is a need to "build trust" to overcome "terrible misunderstandings" among people of different religions. Sen, who was in Kolkata to attend a private function organised for school children by his trust -- Pratichi -- also said that "ignorance and illiteracy" have led to some of these differences. "We live in a world where terrible misunderstandings are very common between religions... We have all kinds of differences. Some of the differences come from illiteracy and ignorance," Sen said, speaking at the event arranged by 'Pratichi Trust' in collaboration with another organisation, 'Know Your Neighbour'. "(There is a) need for building trust. If a Muslim gentleman takes a different view, we need to ask the question, why is he taking a different view?" Sen said. The economist, to put across his point that views may differ from one person to another, referred to an incident when he had taken his daughter Antara for a ..

TMS Ep296: Stubble fires, Douglas Diamond, markets, RBI letter to govt

Why can't Punjab put out stubble fires? What does Douglas Diamond think of dominance of PSBs? Is geopolitics a big worry for markets? Why RBI has to write to the govt over inflation? Answers here

What does Nobel laureate Douglas Diamond think of dominance of PSBs?

Business Standard's Veenu Sandhu & Manojit Saha speaks to Prof Douglas Diamond, who won the 2022 Nobel Prize in Economics, on how banks can brace themselves amidst concerns of a recession and more

Professor at the University of Chicago's Booth School of Business, Diamond received the prize along with Philip Dybvig and former Fed chair Ben Bernanke

Banerjee tells Anjuli Bhargava he wants the world to have the right conversations before marching on in its battle against extreme poverty

"If you actually want to deal with poverty, happiness and anger in the US, the government will need to have more resources," Banerjee said in an interview in Stockholm on Saturday

Although Abhijit likes to focus on data and has a passion for mathematics, which Nirmala puts it, is logic explained in theories, the Nobel laureate has a liking to associate with people

Bandhan Bank's Targetting Hard Core Poor (THP) programme, aimed at alleviating poverty, is likely to get a boost with Abhijit Banerjee and Esther Duflo winning the Nobel Prize in Economics

The 2019 Sveriges Riksbank Prize in Economic Sciences has been awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer "for their experimental approach to alleviating global poverty"

The big takeaway is a clear resurgence of interest in aggregate economic dynamics such as economic growth, cyclical fluctuations