By Kaushik Basu
Appointed because the leader fiscal adviser (CEA) to the govt. of India in 2009, Basu—a theorist, with specified curiosity in improvement economics, and a professor of economics at Cornell University—discovered the complexity of making use of fiscal types to the true international. powerful policymaking, Basu discovered, integrates technical wisdom with political understanding. during this e-book, he describes the artwork of financial policymaking, considered during the lens of his and a part years as CEA.
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Additional resources for An Economist in the Real World: The art of policymaking in India
In his discourse for the Shiʿi students’ association, Khan drew the majlis participants into Fatimah Kubra’s world, commenting on her embodiment of the ḥusaini ethic of sacrifice and faith. In our conversations, Khan repeatedly emphasized that Fatimah Kubra’s active participation in the sacrifice of Karbala provides important lessons for Hyderabadi Shiʿa, reflecting both 24 | SAINTS ARE “REAL” PEOPLE vernacular social values and religious ideals of faith and commitment to justice (ʿadālah). Khan crafted a hagiographical persona for Fatimah Kubra, portraying her as a strong-willed warrior of the faith who loved her husband enough to sacrifice their lives for the cause of justice, and this image deeply affected the majlis participants.
This authority did, on occasion, land me in awkward situations in which members of the community asked and even expected me to speak authori16 | INTRODUCTION tatively on the historical authenticity and the permissibility of observing the mehndī (henna) mourning assembly. On several occasions, certain members of the Hyderabadi Shiʿi community exhorted me to write a “proof text” that would put the debate to rest. I was often drawn into the role of arbiter of the authenticity of Qasem and Fatimah Kubra’s battlefield wedding, a position that I declined and make no claim to possess.
In terms of historical origin, the term refers to one who is holy, and we often analyze sainthood through a Christocentric lens, although Muslim thinkers and religious practitioners have developed a sophisticated taxonomy for categorizing the varieties of sainthood in Islam. In both Christianity and Islam, at the most basic level, saints become saints because they have manifested miracles, exhibited exemplary faith in God, and quite often suffered for their faith. While this is a sufficient starting point, this general definition of the qualities of sainthood must be expanded to posit a stipulative definition of imitable Shiʿi sainthood that is manifested through the complementary pairing ḥusaini ethics–wilāyah.
An Economist in the Real World: The art of policymaking in India by Kaushik Basu