In the context of Richard Howards and Joanna Swanger's forthcoming book, Gandhi and the Future of Economics: Imaginary Dialogues between Gandhi and Some Indian Intellectuals, I was thinking of a future dialogue between Gandhi and Lonergan. If Lonergan could contribute a spine of hardcore economic theory to Gandhian intuitions, we might have a viable alternative to support obvious good will (I am thinking here of Singh). I was thinking this morning: here is a government whose survival depends on controlling the prices; yet it seems unable to do it. So perhaps it does not know how to. What if someone were to say how? What is an economic science focused on prices were barking up the wrong tree? What if we need to recognize productivity as the generator engine of economic growth, distinguish two types of product, and systematically work out its implications?
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