Economic crisis makes a genius or is it the other way round? The debate may go on but the truth is that after every economic crisis an economist has been born – Great Depression gave us John Maynard Keynes and India’s 1991 crisis saw Manmohan Singh emerging as saviour-economist. It is in this light we should look at the present fight between two economists, Amartya Sen and Jagdish Bhagwati, and it is interesting to see who will come out winner. If NDA comes to power Bhagwati may get the Bharat Ratna and if UPA comes back to power Amartya Sen may retain his award. If both coalitions fail to make it, then both of them will shut themselves up!
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