Professor Joseph E Stiglitz was in Patna on the invitation of Dr
Shaibal Gupta, member-secretary of ADRI, to deliver the ADRI Foundation Lecture
on January 14, 2013. ‘Redefining Capitalism' was this year's topic. Prof.
Stiglitz talked about the need to adopt a cautious approach towards FDI in
retail and spoke at length on how economies worldwide need to find a right mix of
capitalism, state and civil society. Chief Minister Nitish Kumar, Deputy Chief
Minister Sushil Kumar Modi, Education Minister P K Shahi were among the
dignitaries present on the occasion.
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