Economics among the road scholars

Abstract

Jholawala Economics’ is a derogatory term that the urban elites use to dismiss the arguments of social activists without having to contend with them. However, some of the jholawalas are indeed first-rate economists and their arguments cannot be dismissed easily. Jean Drèze is a prime example. His book ‘Sense and Solidarity: Jholawala Economics for Everyone’ puts together the wisdom that he and his co-authors (especially Reetika Khera) have gathered while doing research motivated by the problems they found at the grassroots level. This article is a condensed version of the thought-provoking introduction to the book. The article is a vigorous defense of the possibility of combining research with action. The argument is not that mainstream economists just interpret the world while the activists try to change it. It is about the learning value of collective action and the role of economists in society. In a country where we tend “to climb the ladder from the top” – Drèze’s characterisation of the Bullet Train project – the contribution of activists-scholars to economic research has special value.