ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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GNP! Bimal Jalan IT can only be the intellectual bankruptcy or ennui that seems to have gripped the country which explains why a fetchingly written, but rather obvious, essay by Mahbub Ul Haq should have generated the excitement that it has. For the Prime Minister to have quoted it without attribution is certainly noteworthy and one should not begrudge the merriment that people feel at the discomfiture of the mighty, However, it is really extraordinary that learned economists and commentators should see in this event the emergence of a new messiah, or attempt to find the ingredients of "new economics" in the half-baked and half-hearted propositions of a popular article.

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