In March, I accepted a daunting assignment: to lecture college students in Pune on The Morality of Capitalism. Predictably, this produced many sniggers. Capitalists are crooks, I was told. They milk you for all they can get. They cheat you […]
Both democracy and capitalism give the freedom to choose between alternatives Read More »
DATE AND TIME May 22, 2012 12 – 2 PM EDT LOCATION Hayek Auditorium FEATURING Featuring the author Ruchir Sharma, Head of Emerging Market Equities and Global Macro, Morgan Stanley Investment Management; with comments by Swaminathan S. Anklesaria Aiyar, Research Fellow, Center for Global
Breakout Nations: In Pursuit of the Next Economic Miracles (Norton, 2012) Read More »
Will the crash of the rupee to a record low of Rs 54.68 per dollar be a \”kick in the pants\”, to quote economist Arvind Subramanian, that finally forces the government to slash unwarranted subsidies and deepen reforms? Hopefully yes.
Falling rupee: a kick in the pants for Congress Read More »
The future of the Eurozone (comprising 17 European countries using the euro as their currency) is in doubt after voters in Greece and France threw out incumbents struggling to save the euro through supposed austerity measures. Socialist leader Francois Hollande
European voter revolt bodes ill for India Read More »
The late K Subrahmanyam, celebrated defence analyst, said the Indian government seemed incapable of strategic thinking. Perhaps intellectuals outside the government are no better. This has to be the verdict on an ambitious attempt by some of India\’s finest thinkers,
Indians haven\’t learnt to think strategically in terms of foreign policy Read More »
The late K Subrahmanyam, celebrated defence analyst, said the Indian government seemed incapable of strategic thinking. Perhaps intellectuals outside the government are no better. This has to be the verdict on an ambitious attempt by some of India\’s finest thinkers,
Indians haven\’t learnt to think strategically in terms of foreign policy Read More »
Socialists like health minister Ghulam Nabi Azad won\’t admit it, but they rather liked the Berlin Wall. They think it\’s morally right to keep citizens captive at home, unable to migrate for better prospects. Azad has proposed not a brick
Brain drain or not, the right to emigrate is fundamental Read More »
Policy paralysis has costs. Standard and Poor\’s has cut India\’s credit outlook to negative and warned of a one-in-three chance of a downgrade to junk status within the next 24 months. S&P cites the slowing economy, deteriorating balance of payments
June is the right time for tough reforms Read More »
In analysing the Supreme Court judgment upholding the Right to Education (RTE) Act, television channels have focused too much on the 25% reservation of seats in private schools – including famous elite schools – for low-income children. This minor social
Right to Education Act threatens education Read More »
India has just a 50% chance of becoming a breakout nation (exceeding expectations of 7% GDP growth) in coming years. So says Morgan Stanley honcho Ruchir Sharma in a fascinating new book, Breakout Nations. There is no better book for
Should India stop paying attention to the BRICS group, a sinking ship? Read More »
Sign up to get all the latest posts and news sent to your inbox.
