.@BeckerFriedman Prof Greenstone ~22:10 in video says his 'private sector #Macroeconomics practitioner' friends often mention importance of #BusinessConfidence 4 #EconGrowth Cc: @IMateosylago @boijefd. @arvindsubraman talks of #Keynes' '#AnimalSpirits' + his work w @rodrikdani... https://t.co/JjndGSoBoJ— Satyen Baindur (@Satyen_Baindur) May 3, 2018
— Satyen Baindur (@Satyen_Baindur) May 3, 2018
.@BusinessLine Sidharth Birla on trans4ming #India’s #ConsumptionLedGrowth 2 #InvestmentLedGrowth: suggests investment being held back ∵ perceived ‘overall risk of doing business’ may be > ‘pure business risk’. Possible useful metric #BusinessConfidence https://t.co/r3oB0N92LL— Satyen Baindur (@Satyen_Baindur) May 3, 2018
.@beckerfriedman Q 4 @arvindsubraman #Inequality & what 2 do about it? A: In India, income ↑ across all deciles, so not worried much about @PikettyLeMonde critique; more worried re inter-regional/caste/religion inequality. (unlike #China, convergence across states hs not happ'd) https://t.co/JjndGSoBoJ— Satyen Baindur (@Satyen_Baindur) May 3, 2018
To decrease income inequality & improve/hasten inter-regional etc convergence, need to improve #HumanCapital via better (& improved access to) #Health + #Education. And #NextBigReform? A: First let's do all the ones already embraced! 'The List of #ThingsToBeDone is Infinite!'— Satyen Baindur (@Satyen_Baindur) May 3, 2018
