And now that the dust has settled on popular media coverage of Sen vs Bhagwati, a coverage punctuated by sweeping generalizations, grotesque over-simplifications (Bhagwati is Modi and Sen is Rahul Gandhi) and of course the gratuitous, knee-jerk intolerance (“Take back his Bharat-Ratna”) that characterizes much of public discourse today, it may be time to look at what exactly is the difference between the world-views of these two great economists.
There is much intellectual and theoretic nuance here, which only a specialist can explain.
I am not such a specialist, which is why I believe I am not qualified to comment on this topic.
But I can present to you someone who is.
Dr. Alok Ray, retired professor of economics at Indian Institute of Management, Calcutta who has also held faculty positions at places like Cornell and U of Rochester.
He also happens to be my father.