The Invisible Hand By Manish Kumar Bihar’s quest for prosperity ! The Nobel Prize winning economist Robert Lucas Jr. got it right when he said that, “The questions of human welfare involved in questions like these( of development) are simply staggering: once one starts to think about them it is hard to think about anything else (1988). Questions involving growth and development are never easy to answer. They force you to think a lot harder than one is really ready to do. Arriving at the best possible policy course to be followed is a formidable challenge since there are significant...