Monday, August 11, 2014

The unheeded lesson from BR Shenoy

The IIM-Bangalore Professor Vivek Moorthy has written wonderful piece on Professor B R Shenoy in today's FE. Its must read article all. He starts his piece with the below lines:

  • "In the aftermath of finance minister Arun Jaitley’s maiden Budget, our policymakers would do well to read and reflect upon the writings and policy recommendations of BR Shenoy (1905-1978). Most readers of this newspaper—or other papers, for that matter—are not likely to have heard of his name. Indeed, the same would apply to economics students and even to many economists in India."