Daily Archives: April 15, 2007


Is the language of rights useful in discussing poverty? Economists seem to claim these days that the rights approach may undermine the cause I encountered many economists writing tentatively about human rights these days. Perhaps there is an extensive literature about it already. The main premise of arguments seems to be while the ideals of human rights are good, the approach will only impair the reduction of poverty by advocating unsound policies. Amartya Sen responds to these issues in a debate with Jeffry Frankel at Harvard University. Webcast of debate is available. The programme runs for an hour and fifteen […]

“Consequentialist perspective” of economists and Human Rights


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Inspiring talk by Nobel Laureate Daniel Kahneman on intuitive thinking Vs. reasoning and its application to choice theory The introductory lecture to the class of 2008 in Princeton was done by Prof. Daniel Kahneman on the wonders and flaws of intuitive thinking. The webcast of the lecture is available in the Pricneton media website. Kahneman distinguishes between two modes of thinking – Reasoning and intuition. While intuition is powerful and accounts for most of our thinking, it is suceptible to illusions. These illusions can result in wrong choices in a variety of situations. He discusses the topic and its relevance […]

Wonders and the Flaws of Intuitive Thinking – Webcast of ...


More choice is equated with greater welfare, is this tenable? Too much choice can paradoxically make us be better but feel worse argues the psychologist In many societies today welfare is associated with freedom, and freedom with choice. It is commonly argued that people are better off with more choice. Psycologist Barry Schwarts discusses various experiments by psychologists and behavioural economists that test this claim. The talk lasts about one hour, and is worth every minute of it. Many talks and interviews with well known people are now available online. I’ve put together a series of them that I have […]

Paradox of Choice – Why more is less by Barry ...



India: Development and Participation Rating: 5 out of 5 Author: Amartya Sen & Jean Dreze Year: 2002 Category: Development, Economics, India Publisher: Oxford My favourite book on India’s development issues. Provides a comprehensive overview of many important development issues In my opinion this book is gold standard and is a must read for anyone intersted in development issues. Amartya Sen is distinguished for his ability to incorporate a wide variety of concerns including growth, inequalities, gender issues, power relations, etc. Dreze complements these abilities and also brings in significant field-level experience apart from rigorous research. India: Development and Participation combines […]

Best book on India’s development by Amartya Sen and Dreze


Manhattan IMDB Year: 1979 Writer: Woody Allen Director: Woody Allen Rating: 2 out of 5 The movie starts with a forty something Woody Allan and his seventeen year old date at a dinner with his friend Yale (played by Michael Davis) and his wife. Yale confides to Woody that he is having an extra marrital affaire with a bright Journalist played by Diane Keaton. The movie then takes us through a tangled web of relationships, betrayals, insecurities and a dash of humour now and then. I decided to watch Manhattan after seeing the fantastic rating it had in Rotten Tomatoes. […]

Woody Allan’s Manhattan disappoints me