Abhijit Banerjee

Nobel laureate Abhijit Banerjee criticises Centre over fiscal policy

Banerjee, who is also the chairperson of the Global Advisory Board on the Covid-19 pandemic set up by the West Bengal government, said while speaking on the continuous increase in cess for the last seven years, "The government has a fiscal problem. This is a government that has more faith in balancing the budget than realising the actual problem. I have been in favour of more free-spending policies. This (increase of cess) is because of that."

Dhankhar praises CU’s decision to confer D. Litt on Dr Abhijit Banerjee

“Let us all be in congratulatory and celebratory mode on the momentous occasion of honoring distinguished son of the soil Dr Abhijit Banerjee. Thinking beyond history, culture and time is the forte of Bengal’s mindscape. Bengalis time and again have led the way for countrymen. Dr Abhijit Banerjee accomplishments are the latest noteworthy in this regard,” stated a release issued by the Raj Bhavan.

Poor Statisticians, Rich Economists

Incidentally, three ‘Randomistas’ – Abhijit Banerjee, Esther Duflo and Michael Kremer – won the Nobel prize in Economics for their study on poverty, by incorporating a century- old purely statistical concept called ‘randomized controlled trials’ (RCT).