"Who is afraid of redistribution?" "Political discourse in India normally takes place within cer tain boundaries set by the privileged and powerful. If you over-step these boundaries, expect some trouble." - Jean Drèze in @epw_in. https://t.co/kJxDDBJ4Pw

focus on the broader conceptual question of whether growth or redistribution—in the public or private sector—is a more effective means of helping the poor.

focus on the broader conceptual question of whether growth or redistribution—in the public or private sector—is a more effective means of helping the poor.

is an important warning about the long-term effects of purely financial transfers. It may be the case that the sums of money the governments can afford are too small to make a real difference to incomes (and the cost of large transfers is too much for the system to bear).