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Anand Swamy and Tirthankar Roy on Law and the Economy

Ideas of India

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Development Is a Public Purpose

Iving thi's a good question to ask you, is it possible to have this kind of liberalized economy without serious curbs and restrictions on the government's power to take property or emin in domain. How can we build a liberalized, globalized market economy that wants to tract foreign investment? If our mind sit is still the development is state led, and development is whoever employs more people or whoever brings in more revenue, right? Like the global order is resources need to go to their highest valued use. And you can't be plugged into the global order at the same time and have like local politics, which says, oh, the highest valued use is what works for this

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