Ten years on, the lessons of the Great Recession fade The 10th anniversary of the Great Recession, a.k.a. the Great Financial Crisis of 2007-08, has inspired a spate of comments across the globe. Almost without exception, they warn that the …
After political dividends, notebandi can also yield economic dividends In his Independence Day speech, Prime Minister Narendra Modi said demonetisation (DM) was a great economic and mo ral success. The more modest claim of the Economic Survey , Volume 2, …
The Nitish-BJP gathbandhan will be better for governance and growth Bihar chief minister Nitish Kumar, once seen as a possible future Prime Minister heading an anti-BJP front, has broken a million liberal hearts. He has broken the maha al hearts. …
The Nitish-BJP gathbandhan will be better for governance and growth Bihar chief minister Nitish Kumar, once seen as a possible future Prime Minister heading an anti-BJP front, has broken a million liberal hearts. He has broken the maha al hearts. …
A universal basic income that makes it feasible to avoid working is immoral A Delhi seminar last week discussed what intellectuals see as the next great idea for social revolution: a Univers al Basic Income (UBI). Prof Pranab Bardhan proposed …
Invest in solar energy at a slower pace for cheaper, better technologies When I argued recently that excessive speed in installing solar power threatened to bust coalbased plants and banks that had financed them, critics said I had ignored the …
FRBM-2 has good ideas but isn\’t tough enough to enforce financial discipline The N K Singh Committee has suggested a new Fiscal Responsibility and Budget Management (FRBM) Act to replace the old one. It has many eminently sensible proposals. Its …
US President Donald Trump keeps getting tripped by checks & balances Will Donald Trump transform the US in his first 100 days through executive orders and new laws? Will he wreak protectionist, anti-immigrant and anti-minority havoc? Relax. The US Constitution …
Narendra Modi should make Uttar Pradesh the engine of India\’s growth The last bastion of caste politics has come around and voted for economic development.“ Thus did Arvind Panagariya, head of Niti Aayog, sum up Narendra Modi\’s swe Aayog, sum …
Tepid economic growth tarnishes Akhilesh Yadav\’s chances in Uttar Pradesh A million words have already been written analysing the coming state election in Ut tar Pradesh. Most analyses have been based on personal visits, interviews, anecdotes and caste arithmetic. This …
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