[Assam] Rediff: Indian economists's servile mentality

umesh sharma jaipurschool at yahoo.com
Sat Dec 2 22:30:54 PST 2006


Mukul-da,
   
  Who will decide what we need to consume?
  Do we all need to have internet in India -- majority of citizens would say NO -- they cannot even read or write in English or afford computers? Your communist era ideology needs revision.
   
  Umesh

mc mahant <mikemahant at hotmail.com> wrote:
       
  <Perhaps one can get away with microcredit; it is not the solution to world poverty. We need entrepreners of the type Abhijit recommends>
  We need to make every life a production oriented one to make a money-driven economy meaningful.
  i.e.Go back to basics:
    
   Produce( most of) What you need to Consume(Including men,services and materials)  
   Consume ( mostly) What you can Produce  (Including Expertize,money,food)
  Microcredit: Not an answer . Controlled Money supply and Motivation:Only Answer.
  Many in Assamnet and of course in  India hate Assam  implementing these 2 basics.
  mm 
    
---------------------------------
  From: BBaruah at aol.com
To: umesh.sh05 at post.harvard.edu
CC: assam at assamnet.org
Subject: Re: [Assam] Rediff: Indian economists's servile mentality
Date: Fri, 24 Nov 2006 00:15:41 EST

      In a message dated 24/11/2006 03:06:01 GMT Standard Time, jaipurschool at yahoo.com writes:
  http://ia.rediff.com/money/2006/nov/23guest.htm?q=tp&file=.htm
  
  I knew something was wrong with microcredit. Now, Abhijut Banerjee deserves the kudos!
  Perhaps one can get away with microcredit; it is not the solution to world poverty. We need entrepreners of the type Abhijit recommends
   
  Bhuban

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Umesh Sharma
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