Word: banuri
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Dates: during 1981-1981
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...when Banuri was accepted to a program at Williams College that teaches the economics of development to members of Third World governments, he came to America. The program whetted his appetite but left him eager to learn more. Accepted on scholarship to become a graduate student of economics at Harvard, Banuri began to round out his knowledge of the subject. "I always wanted to know where this all comes from. I didn't understand all of society. There was no overall view...
Teaching "Ec 10" has been Banuri's way of filling the gaps in his knowledge. "I think I wanted to teach Ec 10 because I wanted to use it as a learning experience for myself. I started learning economics at the graduate level and that is very disjoined. I wanted to put it all together. I have learned a lot, and have had some excellent students. "Banuri teaches the radical section because he feels it truly looks into the background of economics, not just the methodology. "My basic question is how does society operate," he says...
...answering that question, Banuri says, "The radical view is quite coherent and consistent." That radical view, however, does not necessarily equate with Marxism. "I would think of myself as a Marxist only as I would think of myself as a Newtonian or for that matter as a Smithian. I think Marx tried to present a scientific view of society. So have the Neoclassicals. What they have tried to do is abstract from society and find the most important relationships that define how society operates. These people are looking at different relationships and that is why they often come up with...
...Banuri's preference for the radical view began even before he learned any formal economics. As a student body president at the university in Pakistan, where students have a real influence over national politics, he began to feel that the radical answer was more appropriate for developing nations. Yet Banuri is not doctrinaire about radical economics, and he questions any conclusions that do not agree with his own moral sense. "The only thing I want to discover is something that appeals to my own sense of justice. "Banuri doesn't apply this standard only to himself, but he feels that...
...Banuri sums up his own feelings best when he says, "One of the things I believe in is people. Much analysis does not have enough confidence in people. If you don't have confidence in people, then nothing is worth...