Kolkata, Feb 8 (IANS) Britain's Labour Party has become "too nervous" in its approach, Nobel laureate and Harvard University professor Amartya Sen said here Sunday.
"They have to be more radical... now that's a mistake of theirs," Sen said at an event at the International Kolkata Book Fair.
Recently, the Labour Party has been losing its hold with private business houses in the country.
Sen, a winner of the Adam Smith Prize in 1954 and who moved to London 17 years later, was participating in an interaction "On Encountering UK".
He is presently a Harvard University professor in the philosophy and economics department and a distinguished fellow in Souls College in Oxford.
Britain's economy has recovered more quickly than expected and was 2.7 percent above its pre-crisis peak by the middle of this year.
Unemployment has dipped to below two million to an eight-year low and inflation fell to 1.2 percent, but productivity is flat-lining and wage growth, currently at 0.7 percent, has been lagging behind the rise in the cost of living for six years.
Interestingly, 45 years before he was appointed Master of Trinity College, Cambridge in 1998, Sen's application for higher studies in the hallowed institution was initially rejected.
"I had earlier (1953) applied to Trinity College Cambridge and they had promptly rejected my application," he said.
However, on account of a last moment cancellation of application from one of the students, Sen received a cable asking him to join.
Rajnath Singh: Rajnath Singh said - Ammunition is proof of the country's economic strength
The opposition in the country is besieging the government on economic issues. Meanwhile, Defense
Kejriwal says he will consult Kiran Bedi, Maken
New Delhi, Feb 14 (IANS) AAP leader and Chief Minister Arvind Kejriwal Saturday reached out to
Get free subscription of Hotstar, Prime Video, Netflix, and ZEE5, offers here
In the last few months due to the Korana epidemic, large platforms of entertainment have emerged
Terrorists hurl grenades at security personnel, trying to shake Kashmir before Republic Day
Grenade Attacks In Jammu Kashmir: A day before Republic Day i.e. on Tuesday, terrorists tried to
A senior US lawmaker says that for democracy, technological development, and a strong economic sy
Akshay Kumar is in the headlines these days for his latest release film 'Mission Raniganj'. The f
After sacking Team India's selection committee, BCCI is now eyeing T20 captain Rohit Sharma. It i
OnePlus 9 and OnePlus 9R's first sale today, buy phones cheaply with these offers
OnePlus 9 and OnePlus 9R of the latest series of OnePlus is the first cell in India today. This c
Varanasi Gyanvapi Case: The Hindu side has filed a petition in the Allahabad High Court for an in
India will host Australia for 4 Tests and 3 ODIs in February next year. The BCCI announced the sc
