3 possible Indians for Nobel Prize, 2008

3 possible Indians in the list of Nobel Prize for Economics, 2008

1. Jagdish Natwarlal Bhagwati

2. Avinash Kamalakar Dixit

3. Partha Sarathi Dasgupta

Jagdish Natwarlal Bhagwati

Jagdish Natwarlal Bhagwati (born in 1934) is a economist indo - American, contributor major with the news theories of the international business since the Années 1950. He currently teaches with the University of Columbia. He frequently publishes books of popularization on the Libre-échange. He puts in particular forward the concept of “growth impoverishing” like fruit of the Dégradation of the terms of trade, theorized by the Argentinian economist Raul Prebisch. That one lies within the scope of free trade and corresponds to a reduction in the purchasing power available to a country thanks to its exports. Consequently, this country will have to export more to be able to import as much as before. In that there is “impoverishing growth”; a country exhausts more resources to import as much because according to the Effet of pawl, the imports of a country cannot appreciably decrease.

Awards and praise

• In 2006, he was awarded Japan's Order of the Rising Sun, Gold and Silver Star.
  
• He was conferred the Lifetime Achievement Award by the Indian Chamber of Commerce in 2004.
  
• In 2000 he was awarded Padma Vibhushan award.
  
• He received the Seidman Distinguished Award in International Political Economy in 1998.
  
• In 1974, he was awarded the Indian Econometric Society's Mahalanobis Memorial Medal.
  

Other awards include the Bernhard Harms Prize (Germany), the Kenan Enterprise Award (United States), the Freedom Prize (Switzerland), and the John R. Commons Award (United States). He has also received honorary degrees from the University of Sussex and Erasmus University, as well as others.

Avinash Kamalakar Dixit

Avinash Kamalakar Dixit (born 1944 in Bombay) is an Indian-American economist. Dixit is Sherrerd University Professor of Economics at Princeton University. His research interests include microeconomic theory, game theory, international trade, industrial organization, growth and development theories, public economics, political economy, and the new institutional economics. Also, Dixit's book on real options (co-authored by R. Pindyck) is considered a major contribution in financial economics. He was President of the Econometric Society in 2001, and was a Vice-President in 2002 and is the President in 2008 of the American Economic Association. He was elected to the American Academy of Arts and Sciences in 1992 and the National Academy of Sciences in 2005.

He has written a new book, Lawlessness and economics, which is contribution to NIE. He is the co-author of the books Games of Strategy,Thinking Strategically with Barry Nalebuff of the Yale School of Management, as well as Investment under Uncertainty with Robert Pindyck.

Partha Sarathi Dasgupta

Sir Partha Sarathi Dasgupta, FBA, FRS, is the Frank Ramsey Professor of Economics at the University of Cambridge, United Kingdom, and a fellow of St John's College, Cambridge. He was born in the sacred city Varanasi (Benares,Kashi), India.

Research

Research interests have covered welfare and development economics; the economics of technological change; population, environmental, and resource economics; the theory of games; and the economics of undernutrition.

Education

He did undergraduate studies in Physics at the University of Delhi, India and then did a B.A Mathematics at Cambridge. This was followed by a PhD in Economics at Cambridge

Affiliations

Dasgupta is a fellow of St. John's College, a fellow of the Econometric Society, a fellow of the British Academy, foreign honorary member of the American Academy of Arts and Sciences, honorary fellow of the London School of Economics, honorary member of the American Economic Association, member of the Pontifical Academy of Social Sciences, foreign associate of the U.S. National Academy of Sciences, fellow of the Third World Academy of Sciences and patron of the Optimum Population Trust. He is a past president of the Royal Economic Society (1998-2001) and the European Economic Association (1999). From 1991 to 1997, Dasgupta was chairman of the scientific board of the Beijer International Institute of Ecological Economics of the Royal Swedish Academy of Sciences and, from 1989 to 1992, professor of economics and philosophy, and director of the Program in Ethics in Society at Stanford University.

Honours

Dasgupta was named Knight Bachelor by Her Majesty Queen Elizabeth II in 2002 in her Birthday Honours List for services to economics and was co-recipient (with Karl Goran Maler) of the 2002 Volvo Environment Prize. He is a fellow of the Royal Society (elected 2004) and a foreign member of the American Philosophical Society (elected 2005).

Love, Religion & Politics

Hi Friends, today I am here to talk about the three extremes of life- Love, Religion & Politics.

Why this topic?

Simple I found them to be very interesting enough to discuss. Love is something that rules people. It starts from the core of heart and ends up with affections. We name mass affections as religion. Religions are a composite mixture of beliefs & superstitions. Common people have always needed a support to make them feel that they are doing the right thing or moving in the correct direction (actually they always believe in any force). So religion is a force of huge communities. The differences in views create annoyance & therefore we employ people from us to look after our own selves. They are politicians and the job they are involved in is called politics (sometimes they are misspelled as poly-tricks). These three topics have a common bare line of heart (Actually they all start from the same point, deep inside the red dreamy valley) in them.

Love

Now this is a feeling. According to the resources in wikipedia  it is as follows

 “Love represents a range of emotions and experiences related to the senses of affection and sexual attraction. The word love can refer to a variety of different feelings, states, and attitudes, ranging from generic pleasure to intense interpersonal attraction. This diversity of meanings, combined with the complexity of the feelings involved, makes love unusually difficult to consistently define, even compared to other emotional states.

As an abstract concept love usually refers to a strong, ineffable feeling towards another person. Even this limited conception of love, however, encompasses a wealth of different feelings, from the passionate desire and intimacy of romantic love to the nonsexual. Love in its various forms acts as a major facilitator of interpersonal relationships and, owing to its central psychological importance, is one of the most common themes in the creative arts.

Spiritual love, or longing for God, is highly valued and sought after by many religions of both Eastern and Western origin.”

So how does it sound like, a dilemma, an energy source or just passion? It’s different for different people. Anyways as always feelings can only be felt and never described.


Religion

I don’t know what exactly is a religion. I have seen Hindus do it in their temple, Christians in church and Muslims in mosques. I have seen it when anybody is very serious before exams. I have seen it in the very close moments of life. Believe apart from many others I have seen it when we have cricket matches in India. So what is religion? It’s the gush out of any community of people who think more or less alike (or at least they are bound to think alike).

Lets find out what wikipedia say.

A religion is a set of tenets and practices, often centered upon specific supernatural and moral claims about reality, the cosmos, and human nature, and often codified as prayer, ritual, or religious law. Religion also encompasses ancestral or cultural traditions, writings, history, and mythology, as well as personal faith and religious experience. The term "religion" refers to both the personal practices related to communal faith and to group rituals and communication stemming from shared conviction.

So it tells us something related to the almighty. Have we seen him (Normal guys/ gals never have the enough trust to see him)? So there is a lot of unanswered questions in between.

Politics

This is the last energy beam we are left with. People in this profession are strategic more enough to handle common people’s demands (Sometimes they only understand what their heart have to say, for them). They are there to think about common people, take decisions for them, feed them, and make them believe about what is good and what is bad. They are dictators. All the work they perform is known as politics. Some time they make poly tricks to perform.

Politics is the process by which groups of people make decisions. The term is generally applied to behavior within civil governments, but politics has been observed in all human group interactions, including corporate, academic, and religious institutions.

Now this is the most close to us position among the three. But in today’s world the word meaning nurturing is destroyed by something called gangster-ism. We are in dilemma.