Attention Economy


Sunday, October 20, 2019

Abhijit Banerjee - 2019 Nobel Prize Winner in Economics

Abhijit Banerjee [2019 Nobel Prize Winner in Economics] and the Bengali Renaissance Movement
Bibek Debroy notes:
“Amongst Bengalis with an intellectual bent of mind (not just economists), there is (or was) a 19th century Bengali renaissance kind of tinge. There is an interest in multiple things—philosophy, music, sports, puzzles, mathematics, science, history. Dipak Banerjee was as much at home with David Gale’s books on mathematics as he was with classical music or solving cryptic crosswords. The son is of the same vintage, which is why I have a problem with equating Abhijit Banerjee’s work with randomised control trials, as a lot of reportage has done. There are people who plod away with the same research issue their whole lives. The 19th century Bengal renaissance stereotype will get bored with that. Amartya Sen moved on, shifting from one topic to another, continuing with the learning process throughout his life. Jhima has also done that, following the same intellectual tradition.”

Early Writings of Abhijit Banerjee
Envy, from Essays in Honour of Professor Dipak Banerjee

A Simple Model of Herd Behavior