Elinor Ostrom, who won the Nobel Prize for Economics in 2009, says in her interview with DNA:
One of the major theses of your work is that beyond market and state, it is the communities that can manage things.
At different scales. We have ignored enabling local communities to manage water, forests and pasture lands.
You are not an economist in the traditional sense as it is understood in the last 50 years.
My official degree is in political science with a minor in economics. I am very much influenced by Douglass C North, Vernon Smith, James Buchanan, and Amartya Sen.
My official degree is in political science with a minor in economics. I am very much influenced by Douglass C North, Vernon Smith, James Buchanan, and Amartya Sen.
One of the issues in Indian agriculture is whether farmers should be given free power.
I don’t think anyone should be given free power. Overuse of power is a very great threat, a major threat to us all.
Even if it is meant as an incentive in a sector like agriculture, which is supposed to require some help?
No. I think they should be paying for water and power because you want them to use it efficiently.
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