Author Archives: Madhusudan Raj

Arvind Kejriwal: Another Delusion in the Making

kejriwal

The Indian political scene, just like any other country’s political scene, is full of leaders who are good at the art of leadership of humbuggery and manipulation. Today many people in India are worrying about Narendra Modi government, just like any other past governments, as it also did not fulfill its election campaign promises. Narendra Modi […]

RBI is Trying to Do Something Impossible

recession

Amidst the on-going severe recession in the Indian economy, the Indian central bank RBI is trying to do something impossible. Driven by its Keynesian logic of lack of aggregate demand as the root cause of the recession, RBI is trying to boost both consumption and investment at the same time. In its recently published bi-annual […]

India Descending into Dark Abyss

Society and Polity India is descending into a dark abyss. It is becoming a lawless and barbaric nation state. The evidence of this is everywhere e.g., recently in Hyderabad four boys allegedly raped a veterinarian doctor and burned and killed her. Such rape cases have become a daily occurrence in India and public anger was […]

Making Sense of JNU Fee Hike

Delhi and with it India is again rocked by protests by JNU, Jawaharlal Nehru University, students who are opposing a so-called steep hike in their hostel fees. As reported by newspapers, Under the new hostel charges, students have to pay a service charge of Rs 1,700 per month. This charge did not exist earlier. Rent […]

Book Review – Wealth, Poverty and Politics

Book Review: Sowell, Thomas. 2016. Wealth, Poverty and Politics. 2 edition. New York: Basic Books. Thomas Sowell is a world renown African American economist. He is a fellow of the Hoover Institute, Stanford University, USA. He is known for his straight forward logical and undaunted views. Looking at the corpus of his vast amount of […]