The Role of Government (ENGLISH)

Often ignored, the Role of Government in an economy is a topic that every economics course should discuss in detail.

Because it is seldom discussed, economists and policymakers often pile on all manner of responsibility on an already overstretched government placing an increasing burden on failing governance. Many a public commentator pronounce the government to be the solution to all societal problems. No wonder the number of useless government departments multiply.

My guest today Javed Hasan has considerable clarity and substantial reading/research on this important issue. Javed is a finance professional educated at the London Business School with a wide experience of financial markets. Currently he heads the federal government initiative for skill training, NAVTTC.

The discussion fleshed out several important themes in this area and energized both Javed and me to take up this topic again in future episodes. 

This conversation raises several important question and issues. We recommend that all classrooms and offices use this podcast episode to clarify this important subject.  In particular the government training academies should definitely use this discussion to generate a debate on this topic for our future policy makers and administrators.