Swamy on the difference between Micro and Macroeconomics and why R3 was unsuitable for RBI Governor

How Samuelson changed the way Macroeconomics was looked at by making it possible to model it mathematically


Dr. Subramanian Swamy on the difference between Micro and Macroeconomics. And why Raghuram Rajan (R3) was a misfit as a Governor of RBI. Did R3 act in a manner that could be construed as being corrupt?

Team PGurus

6 COMMENTS

  1. Although Dr Swamy is both knowledgeable and sharp he seems to be used to selectively target certain people by the Govt or he uses his intelligent to target certain people selectively.Though MPC and inflation targeting were recommended by a committee headed by Dr.Patel and agreed upon by the Govt, in the given video he is criticising R3 for increasing interest rates and drowning economy and not saying a word about Govt and Dr.Patel.

  2. Although Dr. Swamy is both knowledgeable and sharp he seems to be used to selectively target certain people by NDA or he uses his intelligence to selectively target some people. The case in point is the case of Raghuram Rajan.
    Both MPC and inflation targeting were recommended by a committee headed by Dr.Patel and agreed upon by the Govt. but in the given video he is criticising R3 for increasing interest rates and drowning economy and not saying a word about Govt and Dr.Patel.

  3. Subramaniam Swamy is very opportunistic. He will always have some minor difference of opinion on everything and when things go south. He will say “I told you so”. Even in case of GST reforms, he had raised objections on GSTN not GST. couple of days back he tweeted against GST on the lines of “I told you so” even when he had never objected to GST but only to GSTN.

    He is also not a team player. If you are so powerless in NDA, what are you doing there? You are not making any decisions. And since you have so many “I told you so”s , apparently, he is not able to influence decisions this government is making. So why is he even in the government? He does not want to be held accountable for anything and talks like a independent observer. Why should the public grant him that privilege? He is part of the ruling party whether he acknowledges it or not and needs to be called out when he talks like an independent observer.

  4. Sir you know so much about economy…and the pm is not listening…why don’t you just leave the party and go on lecture tours throughout the nation…at least students, business man, policy makers at state level , citizens will be greatly benefitted .

    Sitting in nda is no good for the country.

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