Lease land, don’t acquire it
Prosperity requires a massive shift of labour out of agriculture into industry and services. Agriculture accounts for barely 14% of
Read moreThe Economic Times
Backward states growing fast, proving good economics can be good politics
The fall in India’s GDP growth to just 6.5% in 2011-12 has caused much moaning and groaning, along with a
Read moreBoth democracy and capitalism give the freedom to choose between alternatives
In March, I accepted a daunting assignment: to lecture college students in Pune on The Morality of Capitalism. Predictably, this
Read moreIndians haven’t learnt to think strategically in terms of foreign policy
The late K Subrahmanyam, celebrated defence analyst, said the Indian government seemed incapable of strategic thinking. Perhaps intellectuals outside the
Read moreRight to Education Act threatens education
In analysing the Supreme Court judgment upholding the Right to Education (RTE) Act, television channels have focused too much on
Read moreShould India stop paying attention to the BRICS group, a sinking ship?
India has just a 50% chance of becoming a breakout nation (exceeding expectations of 7% GDP growth) in coming years.
Read moreWhy India will beat China
Extractive political institutions (autocracy and empire) lead to extractive economies benefiting elites, and cannot create general prosperity save for limited
Read moreRapid GDP growth- best antidote for poverty
Rapid GDP growth is the best antidote for poverty. That is the big message that comes blaring out of the
Read moreAkalis have shown that a bankrupt state can win elections, but is this sustainable? Probably not
Manpreet Badal, former Punjab finance minister and nephew of chief minister P S Badal, broke last year with the Akali
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