ABOUT US

The idea and the motion to rethink economics was conceptualised four decades ago and has intensified since. Efforts to remodel a rigid and impractical discipline led to concrete impacts and ripples in France, Cambridge, Harvard and the American Economic Review academic journal in the 1990s and 2000s. After the 2007-08 global financial crisis, this movement garnered momentum and strength as economics graduate students worldwide were left to understand reality using only calculus questions and multiple assignments and theoretical foundations that were disconnected with the inequitable reality of society.

 

It was from this urgent call to and for action that the Rethinking Economics movement emerged. Having held its first organisers’ meet in the UK in 2013, the community has now spread to 15+ countries with more than 40 universities around the world have established local chapters.

 

A need to organise around this clarion call and a deep-seated passion to re-evaluate age-old economic principles and theories united students from Indian universities. Unable to decipher deplorable and unequal societal realities utilising neoliberal approaches to economics, students from around the country joined forces to seek to revise existing economics curricula, spread knowledge about alternative methods of thinking about the economy, and initiate systemic change towards a more inclusive and open economy and economics education.

 

Now spread and existing beyond the rigid disciplinary boundaries of economics, the Rethinking Economics India Network comprises of development practitioners, social science researchers, and non-economics students as well as core economics scholars. We all are united by and towards a common cause of seeking to remodel and reframe economics in an inclusive, alternative way.

 
OUR PROJECTS
  • Curriculum Review: Reviewing economics curriculum of Indian universities to build foundation for further research into the limitations of the current economics curricula in India, and how they might be reformed.
     

  • Pluralist Resources database: Building an open-source repository to support students and scholars in learning pluralist economics and interdisciplinary perspectives.
     

  • RE India Reading Circle: Meeting fortnightly to discuss readings from Pluralist and Heterodox Economics and also read other interdisciplinary work to expand the discourse on Economics discipline beyond the mainstream hegemony.
     

  • Rethinking Economics for the Global South: Creating a transnational alliance of stakeholders, to facilitate the expansion of new economic thinking, while focusing on the unique challenges facing the Global South.
     

  • Diversity in the Indian Economic Academia: Understanding the state of gender and caste-based diversity and representation, and exploring the biases at play within the Indian academic ecosystem of economics.
     

  • REIN Festival: The aim of the annual festival is to build a platform for multiple stakeholders within the space of new economic thinking to convene, deliberate, and collectively reimagine a new kind of economics for India

 
OUR TEAM
 

WHO WE ARE

The idea and the motion to rethink economics was conceptualised four decades ago and has intensified since. Efforts to remodel a rigid and impractical discipline led to concrete impacts and ripples in France, Cambridge, Harvard and the American Economic Review academic journal in the 1990s and 2000s. After the 2007-08 global financial crisis, this movement garnered momentum and strength as economics graduate students worldwide were left to understand reality using only calculus questions and multiple assignments and theoretical foundations that were disconnected with the inequitable reality of society.

 

It was from this urgent call to and for action that the Rethinking Economics movement emerged. Having held its first organisers’ meet in the UK in 2013, the community has now spread to 15+ countries with more than 40 universities around the world have established local chapters.

 

A need to organise around this clarion call and a deep-seated passion to re-evaluate age-old economic principles and theories united students from Indian universities. Unable to decipher deplorable and unequal societal realities utilising neoliberal approaches to economics, students from around the country joined forces to seek to revise existing economics curricula, spread knowledge about alternative methods of thinking about the economy, and initiate systemic change towards a more inclusive and open economy and economics education.

 

Now spread and existing beyond the rigid disciplinary boundaries of economics, the Rethinking Economics India Network comprises of development practitioners, social science researchers, and non-economics students as well as core economics scholars. We all are united by and towards a common cause of seeking to remodel and reframe economics in an inclusive, alternative way.

 
OUR TEAM
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KARAN DARYANANI

Convenor

Karan started Rethinking Economics India in June 2020, believing as he did that the current crisis was the place to begin with building a movement around the need for change in a broken system. He is keen on understanding the intersection between climate precarity and underdevelopment, and his research has centred around theories of dependency, grounded in an understanding of the economy as a complex adaptive system. Karan leads on strategy and operations for the Network, and is excited for the potential for Rethinking Economics to become an ecosystem builder for positive change in a society shaped fundamentally by economic thought.

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JAYA JAIN

Convenor

Jaya is currently working in development consulting and research, and is a graduate in Economics and Public Policy. Passionate about sustainable and inclusive development, her particular areas of interest lie at the convergence of digital and financial inclusion, education, and partnerships for development. Her interest in heterodox and pluralist economics stems from her on-field work during undergrad where she identified gaps between the classroom theories and policies that exist on paper, and their on-ground implications. With the Rethinking Economics India Network, Jaya wants to work towards bridging this gap by integrating an interdisciplinary approach to the discipline and prevent it from operating in a silo.

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DIVANSHU SETHI

Convenor

Divanshu Sethi is working as a behavioural science researcher and an editor of a magazine. Neoclassical economics in his undergraduate drew him towards philosophy. His interests are political and moral philosophy, philosophy of science, and post-Keynesian economics. 

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SAMYAK JAIN

Convenor

Samyak Jain is currently working as an economic theory researcher. He graduated in mathematics but feels more comfortable in Economics and is especially drawn to epistemology, political economy, behavioural economics and public policy. He believes that interdisciplinary collaborations will make it much easier to understand the world. So he looks forward to disciplinary intersections that will unravel complexities at abstract levels. With the Rethinking Economics India Network, he wants to create safe spaces for people to have dialogues and cross boundaries between academic disciplines.

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SRISHTI PAL

Lead, Growth

Indian economics exposed Srishti to the multiple layers of inequalities that persist in the Indian economy. At the same time, her dialogues with students from sociology, literature, and philosophy revealed the intricate relationships between inequality and power structures in society. The uniform assumptions of economic models and studying human choices in isolation creates a chasm between predictions and reality. After earning her bachelor's degree in economics from Jesus and Mary College, Delhi University,  she believes the way to reduce this gap is by rethinking economics, making it more accessible, inclusive, and integrating it with other social sciences. Her goals align with that of REIN that motivates her to work towards its growth and expansion.  

SAMRIDHI AGARWAL

Lead, Community

Samridhi is currently a Post Graduate Diploma student in Economics at Meghnad Desai Academy of Economics, Mumbai, and pursued her undergrad in economics from Delhi University. Her interests lie in the field of policymaking, focusing on poverty and social problems in the development sector. Small things make a significant impact on her, which makes her conscious of the socio-economic issues that prevail in the surroundings. It is always exhilarating for her to be a part of something that can change the face of the future, and it is with the Rethinking Economics India Network, she wants to work on the intellectual boundaries and dogmas that confine the discipline of Economics. 

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YASH BUDHWAR

Lead, Communications & Editorial

A public policy graduate with professional and project experience in corporate banking, journalism, digital news platforms, research houses, government bodies and corporates. Currently establishing his career (hopefully for good) in research and policy analysis. An avid reader, dog lover, traveller, adventure-seeker, coffee-drinker and exercise enthusiast, he can be found having conversations if not anywhere else. He helps out with the editorial, strategy and partnerships divisions of the REIN and always makes it a point to volunteer his time at youth-led organisations. Feel free to reach out anytime!

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MUSKAN SONI

Lead, Communications & Digital

Muskan is a Research Associate at a consultancy that functions to inform policy in the informal sector. Her interests lie at the intersection of public policy and feminist anthropology. She graduated with a bachelor's degree in Economics honours and thinks that the discipline, like any other, needs to be intersectional, inclusive and up for debate. She works with the digital division of Rethinking Economics India Network and likes to believe that a better world is coming.

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SONAL RAGHUVANSHI

Lead, Events

Sonal is working as a political economy researcher and is an associate editor with an economics journal. Coming from an interdisciplinary training and an antidisciplinary streak, her interests lie in moral, social and political philosophy & theory, philosophy of science, epistemology, and political economy of the anthropocene.

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SHRUTI JHA

Lead, Partnerships

Shruti received her undergraduate degree in Business Economics from the University of Delhi. She has experience in consulting, research, and social entrepreneurship. She views pluralism in economics as a means to assuage her inherent and insatiable curiosity about the world. Her interests lie primarily in development and feminist theories. She helps out with the partnerships & fundraising division of REIN, and believes in its potential as an ecosystem builder for better economic thought.

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AMRITA SHARMA

Lead, Community

Amrita is a graduate student of Economics at the University of Hyderabad. She believes that we owe it to our diverse historical legacy to create spaces for an interdisciplinary and multifaceted economic thought paradigm. And this, Rethinking Economics highlights as it also brings to fore the crucial humanistic element of any movement vying for alternative systems. She is interested in the theme of value networks as understood in economic sociology, social anthropology, and journalism. She also believes that more is possible than what global systems like to tell us.