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Abhijit Banerjee On Why Savings Are Important

ABHIJIT BANERJEE IN THE CLASSROOM: In an MIT lecture in 2013, the latest poster boy of development economics offered golden tips on who should save and who shouldn't. #tbt

10/31/2019 4:57 AM
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101 comments

  • Vineet S.
    12/28/2019 06:07

    Itne bade bade economist ... amartya sen, ye abhijeet banerjee..dono ko Nobel mila hai....Apne desh ke lie ye kar kya rahe hain.? ..Bahar settle ho kar yaha ki politics ko kos rahe hain bas.....Economist ho to kuch karo na...

  • Soumalya K.
    12/26/2019 11:56

    dekh eta

  • Shubhranshu K.
    12/26/2019 09:48

    Malay Mishra,when you are going to become Prof in MIT

  • Anupam B.
    12/26/2019 05:34

    savings is important

  • Ravi K.
    12/25/2019 13:53

    Dear Brut India..either post full lecture or don't post at all..I have enormous respect for Mr. Abhijeet Banerjee Sir..don't post video which doesn't make any sense...c'mon every one knows we can't be rich by saving..you have to invest to be richer at any moment..

  • Supriti G.
    12/24/2019 14:37

    Bhalo thakun

  • Saikat B.
    12/22/2019 10:08

    Dekh bhai like diyeche

  • Da B.
    12/21/2019 13:58

    ♥️

  • Amit M.
    12/20/2019 18:57

    দেখো বাল tar soraire কিছু নেই. এ khankir ছেলে, নিজের birjo কে অস্বীকার করে, কিন্ত সেটা যে করা যায় না জানার পরেও অস্বীকার করে. মনে কতোটা ভোদাই হলেই এটা সম্ভব

  • Amit M.
    12/20/2019 18:53

    এ bokochodar মাথায় যা ছিল সব nunur মাধ্যমে বের করে নিয়েছে, এখন ততোলাচে, এইসব চরম ধূর্ত তার সাথে করা হয়, কথায় আছে বিজ্ঞানী রা pagol হয়, না ওদের পাগলামি কে হাওয়া দিয়ে বিজ্ঞানী বানিয়ে দেয়

  • Punit P.
    12/19/2019 10:38

    ab to save krna shuru Kar😂😂

  • Samik C.
    12/15/2019 12:38

    What's the point here?

  • Satya N.
    12/14/2019 13:12

    follow dis

  • Sambuddha M.
    12/13/2019 11:49

    He demonstrated in very easy languages, that is his level!

  • Tanaz A.
    12/12/2019 15:10

    Long Post alert , but do read to understand: Amidst all the protest going on in Assam against Citizenship (Ammendment) Bill 2016 which “make applicants belonging to minority communities from the Afganistan, Pakistan and Bangladesh eligible for citizenship by naturalisation in seven years”, many people are condemning us as Xenophobic, extreme-nationalist, violent, Bengali-hater and what not! Can’t help to clarify some misleading questions and concepts regarding the Bill- ###“This bill is for whole India, then why only north-east and especially Assam is becoming mad at this?”## ---North-east is in the border of Bangladesh and unlike the two other countries mentioned in the bill, this border is not sealed. So from the time of independence and separation, a large number of immigrants of different religions are coming from Bangladesh both legally and illegally and staying permanently here. Obviously this has been causing serious rise in population and change in overall demography of the region which led ‘Assam agitation’ in 1979-85 and finally Assam accord was signed in 1985 assuring that those immigrants who came after 1971 will be identified and deported back. So Assam agreed to take burden of immigrants of extra 20 years, unlike 1951 which is applicable to rest of the country. But till now not a single illegal Bangladeshi immigrant was deported; instead, by this Bill, they are trying to legalize the citizenship of all Hindu Bangladeshis entering to this country at any time just by “naturalisation in seven years”. Although they are trying to convince in press that “Assam would not have to bear the entire burden” but no practical solution and indication is given in the bill that how it is possible to distribute the burden in whole country. Moreover, this bill will make the Assam Accord, 1985 totally meaningless and will open the door of India for all immigrants (except muslims) for future also. ###“Large infiltration of Bangladeshis are threat to Assam/India, not Assamese/Indian Bengalis”## ---Assam is a cosmopolitan state which is motherland to more than 100 tribes, castes, religion and many other linguistic communities. Like a mini-India, every part of the state retain different cultural and ethnic taste, Assamese being the connecting language for all and are living peacefully maintaining communal harmony. However, this said Bill has the potential to disrupt the harmony and cultural, social and political identity of indigenous people of Assam. Census 2011 Language Data reveal that percentage of Assamese Speakers in Assam declined to 48.38% in 2011 while Percentage of Bengali Speakers increased to 28.91%. Now if the CAB-2016 legalizes citizenship of Bangladeshi people who came in post 1971 era (which may be a huge number), then definitely this ratio will be altered and Assamese will become minority in their own homeland. This is what indigenous people of Assam are scared of. More important to this, the north-eastern states are already struggling with severe poverty, hazards, unemployment etc. It is sarcastic to take burden of some extra lakhs of people, while the government is unable to feed and giving facilities to the existing citizens. But some people are trying to mislead this issue and condemning this movement against CAB-2016 as anti-Bengali although it has no relation with Assamese Bengalis. In fact many Bengali people in upper Assam are opposing the Bill. Their support towards the movement against CAB-2016 is of utmost importance in this crucial situation to maintain unity and peace. ###“Are we ignoring Muslim Bangladeshi immigrants?”## ---Not at all! Assam has witnessed how the demography of lower Assam already got changed due to the large illegal infiltration of Muslim Bangladeshis. In fact the reason behind this time BJP came into power in this state was only because Modi announced that if they would form government, their first role will be to deport the illegal migrants. Assamese people cordially believed that they will at least take some actions to deport the Muslim immigrants. But after coming into power, they neither tried to seal the Indo-Bangladesh border nor took any action in deporting them. Instead, they are trying to legalize the citizenship of all Hindu Bangladeshi people to make the situation worse. That is what people are standing for to oppose. This never gives any sense that they support Muslim immigrants (which may be the case of a few political leaders and communal thinkers but not the indigenous people of Assam). ####“What about the minority victims of Bangladesh?”## ---Unlike Pakistan and Afghanistan, Bangladesh is comparatively peaceful for Hindus. The grand celebration of Durga puja in Dhaka in recent times proves this. However the declining number of Hindus in the country is definitely a matter of concern. But India being a powerful country can prevent such situation in a lot more ways instead of taking such extreme step. Partition was a black history and it has been already more than 70 years. India helped Bangladesh by giving shelter their refugees in 1971 too. If still India wants to help this neighbor country, then they can put political pressure on their government, can raise voice in UN. But they will not do so as the aim of these political parties is only to secure their vote banks. Earlier Congress invited Muslim immigrants to this land, also providing necessary documents to them illegally and now BJP is going to do it for Hindu immigrants legally; no one showing interest in solving the actual problem behind the picture. ? Option is yours…

  • Suman G.
    12/11/2019 04:18

    🧐

  • AKs R.
    12/09/2019 13:17

    No offence but just get a LIfe Insurance agent for this particular topic. He/she shall not fail you on this 👍🏻

  • Bipul K.
    12/08/2019 16:05

    The video doesn't make sense

  • Shanthala V.
    12/08/2019 05:05

    Somebody please explain what he is trying to really convey. No wonder he won a nobel. Commoners can't understand what he is saying and the intelligent dont care to hear all that.

  • Prabhat K.
    12/07/2019 04:13

    ...get some tips