Author: Subrato Banerjee

Subrato Banerjee

Subrato Banerjee is an associate professor of economics at IIT Bombay and a fellow of the Royal Statistical Society. His research is in the field of behavioural sciences

Why a world obsessed with immediate results is forgetting the power of pure thought Beats us – the idea of making America great again, but this time without the ingredients that made America great in the first place: the immigration of ideas and the return on investment in those ideas. Even the American representative of kung fu (strangely, a panda who speaks in an American accent) knows there is no secret ingredient to awesomeness. The American nuclear might, for example, was a consequence of pure thought: E = mc2 originated in the mind of an immigrant from Germany. In the…

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