India’s energy ignorance

In one of his recent blog posts, Tyler Cowen of Marginal Revolution (www.marginalrevolution.com) contrasts a blogger from a statesman. He says, in effect, that a blogger can state what he wants to say but a statesman has more constraints. Fair enough. But he goes on to add that a statesman takes costs and benefits into account and postpones the decision hoping for better times so that the right decision could be taken in more propitious circumstances. I am not sure that is my understanding of statesmanship.

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