The Limits of Economic Policy

I. G. Patel
Additional contact information
I. G. Patel: London School of Economics and Political Science

Chapter 1 in Essays in Economic Policy and Economic Growth, 1986, pp 17-34 from Palgrave Macmillan

Abstract: Abstract I should perhaps explain at the outset that my remarks are prompted by two facts which do not quite fit together. Economists in India have travelled very far indeed in the recent past. When Sir Theodore Gregory started his Office of the Economic Adviser to the Government of India in 1938 he was assisted by only two economists. Today the Indian Economic Service has 259 members. Teachers of economics in our universities enjoy a degree of esteem, publicity and financial support which is the envy of their colleagues in other departments. And yet there are a great many among our fraternity whose attitude towards issues of economic policy is one of indifference or scepticism. Even in our more exuberant moods, we often bring to our profession an air of unreality or controversy which is hardly calculated to sustain the present boom in the demand for our skills.

Keywords: Economic Policy; Relative Price; Relative Prex; Partial Control; Basic Minimum (search for similar items in EconPapers)
Date: 1986
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-18358-6_2

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349183586

DOI: 10.1007/978-1-349-18358-6_2

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().