from speaker's list at government conference:
"While none from the government was ready to speak on this faux pas, questions were raised if this was yet another sign of rising intolerance “of the other view” in the country. Asked if the rising intolerance impacted India’s onward economic march, Prof Dreze said: “Tolerance is a value in its own right, we don’t have to justify it by arguing that it has economic returns. Still, I think that Raghuram Rajan had a point when he said that open debate and enquiry foster economic progress. This is not primarily because investors are put off by intolerance - investors care about profits, not communal harmony and that sort of thing. It is because economic progress depends on human creativity, innovation and initiative, all of which benefit from freedom of thought and expression. All this, of course, is a little speculative, and that’s another reason for valuing tolerance for its own sake rather than as an economic asset”. "
"While none from the government was ready to speak on this faux pas, questions were raised if this was yet another sign of rising intolerance “of the other view” in the country. Asked if the rising intolerance impacted India’s onward economic march, Prof Dreze said: “Tolerance is a value in its own right, we don’t have to justify it by arguing that it has economic returns. Still, I think that Raghuram Rajan had a point when he said that open debate and enquiry foster economic progress. This is not primarily because investors are put off by intolerance - investors care about profits, not communal harmony and that sort of thing. It is because economic progress depends on human creativity, innovation and initiative, all of which benefit from freedom of thought and expression. All this, of course, is a little speculative, and that’s another reason for valuing tolerance for its own sake rather than as an economic asset”. "
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