<Perhaps one can get away with microcredit; it is not the solution to world poverty. We need entrepreners of the type Abhijit recommends>
We need to make every life a production oriented one to make a money-driven economy meaningful.
i.e.Go back to basics:
- Produce( most of) What you need to Consume(Including men,services and materials)
- Consume ( mostly) What you can Produce (Including Expertize,money,food)
Microcredit: Not an answer . Controlled Money supply and Motivation:Only Answer.
Many in Assamnet and of course in India hate Assam implementing these 2 basics.
mm
From: [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
CC: [email protected]
Subject: Re: [Assam] Rediff: Indian economists's servile mentality
Date: Fri, 24 Nov 2006 00:15:41 EST
In a message dated 24/11/2006 03:06:01 GMT Standard Time, [EMAIL PROTECTED] writes:http://ia.rediff.com/money/2006/nov/23guest.htm?q=tp&file=.htmI knew something was wrong with microcredit. Now, Abhijut Banerjee deserves the kudos!Perhaps one can get away with microcredit; it is not the solution to world poverty. We need entrepreners of the type Abhijit recommendsBhuban
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