Food security is poor politics too, but who cares
Abhijit Banerjee, co-author along with Esther Duflo of Poor Economics, an exploration into why the poor sometimes decide differently from what economists expect them to, is surprised why the Congress party thinks the Food Security Bill will help it electorally. Writing in Hindustan Times, Banerjee says he is “skeptical that the passage of the bill right now is in the interests of the ruling coalition”. His reasoning runs like this: the states...
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