The Indian Economy Blog

August 13, 2007

Milk Tyler Cowen

Filed under: Banking,Growth,Human Capital,Media & Economics — Nitin @ 10:11 am

And in the process, discover your Inner Economist

Tyler Cowen wants to give merit-based gifts to Indians. Yes, this involves economics professors and free-market fundamentals. He has made an announcement on his blog, and it may be worth your time to check it out.

With your email, send a one sentence proposal of how the money will help India. I am keen to send much of the money to poor people, either directly or indirectly, but of course India is not just about poor people. Proposals of all kinds are eligible, including using the funds to help expand your steel factory, and yes using the money to open a new call center. But you must not give the money to beggars. [Marginal Revolution]

That’s not all, if you’d like to follow his example and do the same thing, he’ll help you disburse the money.

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