A Leader has the vision and conviction that a dream can be achieved!

When the going gets tough, the tough gets going.

This is true in every single field and probably the things that seem the most non sensical or weird at that point of time change the course of history for the better in such circumstances. Leaders are born, ideas are created, then celebrated and the crisis is converted into an opportunity.

“Build trenches and fill them” was the classic reply of the non Classic celebrated economist John Maynard Keynes on being asked how US could come out of the great depression. “Demand creates its own supply” was what he preached even at the height of the American depression and earned himself hundreds of critics . But a leader was born with this statement and his courage to make predictions.

He predicted that mass unemployment would be necessary to deflate sterling wages back to pre-war gold values and that falling unemployment would cause a higher price, not a higher inflation rate. Both his predictions proved to be right.

Another less celebrated economist who managed to do wonders for his country was Ludwig Erhard. In 1942 he started writing the book ‘War Finances and Debt Consolidation’ having already predicted at the height of German glory that Germany would lose the war .
Post 1945, observers thought that Germany would have to be the biggest client of the U.S. welfare state. Yet twenty years later its economy was envied by most of the world. And less than ten years after the war people already were talking about the German economic miracle. Erhard's motto being "Don't just sit there; undo something."

Come 1991, India faced its biggest economic crisis, with foreign exchange enough only to purchase two weeks imports. Instead of traditional thinking of tightening the belt, Manmohan Singh and Narsimha Rao, only one month into their Government, prescribed Stabilization plus a credible structural adjustment program. At the time when the nation was hit by its worst crisis since independence, Manmohan Singh dared to talk about his vision and dream of becoming an economic super power. He dared to make every Indian take an ideological journey.

The strength of these people’s influence can be seen by the wave of economists who have criticised these peoples thinking and the fact that their visions cut across ideological barriers.

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