The Economic Times

A Purple Passage to India

How Thomas Piketty\’s selective use of tax data exaggerates India\’s inequalities My last Swaminomics column (`Fantastically Rising Inequality? Piketty Has Got It Wrong\’, TOI, goo.gl8X7GpB) addressed the claim of Lucas Chancel and Thomas Piketty , guru of inequality , that […]

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Members of the Same Tribe

Most of the ousted tribals are flourishing and loving it, thank you, activists Aretribals fundamentally dif ferent? Do they need protec tion from modernisation? Some activists say econom ic development and modernisation are disastrous for tribals.Many tribals, simple and heart-warming,

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Greed Drowning Out Fear

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

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Cash In on Demonetisation

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,

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A Doleful, Wasteful Idea

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

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Donald, and Daffy, Show

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

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