Sen-Bhagwati debate gets acerbic1 min read 20 Jul 2013, 10:35 AM IST
In latest broadside, Sen says Bhagwati and Panagariya have “misdescribed” his past work
The Growth versus Development debate between the eminent economists Amartya Sen and Jagdish Bhagwati took a new turn with Sen for the first time publicly responding to Bhagwati’s attacks. Two books, one by Bhagwati and his colleague and economist at the Columbia University Arvind Panagariya titled “Why Growth Matters" and the other by Sen and economist Jean Drèze “An Uncertain Glory" have set the agenda for a debate between what policymakers should focus on first: Growth or Redistribution. Replying to a review of the book by Sen and Dreze published in the Economist magazine, Bhagwati and Panagariya wrote that Sen has belatedly learned to offer lip service to growth without advocating for any pro-growth policies. “Growth has made redistribution feasible, not the other way round," they added.