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 […]
A Doleful, Wasteful Idea Read More »
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
Roll Out the Sun, But Gently Read More »
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
Still a Mental Fiscal Exercise Read More »
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
Donald, and Daffy, Show Read More »
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
Now, Let UP Show the Day Read More »
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
Boom & Not-So-Boom Cycle Read More »
A flourishing unified domestic market calls for amending restrictive laws In 1947, many foreigners expect ed India to break up into frag ments. Cleavages of language, region and religion seemed en ough to doom unity . India\’s greatest achievement -owing
Single and Successful Read More »
SWAMISPEAK Antarctica is the best example of globalisation as humanity\’s winning force Brexit, the electoral triumph of Donald Trump and the rise of politicians like Nigel Farage in Britain and Mar ine Le Pen in France are all signs of
Imagine There\’s No Countries Read More »
SWAMISPEAK Antarctica is the best example of globalisation as humanity\’s winning force Brexit, the electoral triumph of Donald Trump and the rise of politicians like Nigel Farage in Britain and Mar ine Le Pen in France are all signs of
Imagine There\’s No Countries Read More »
Slanging matches between Amartya Sen and Jagdish Bhagwati are economic folklore. Welcome to the latest slugfest. Sen has denounced demonetisation as “despotic”. But Bhagwati, in a joint article with Pravin Krishna and Suresh Sundaresan, calls demonetisation “courageous”, with the “potential
It’s Sen vs Bhagwati time of the year again. This time on demonetisation Read More »
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