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 […]
Category Archives: Analysis
15
Dec
Dec
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 […]
24
Nov
Nov
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 […]
09
Nov
Nov
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 […]
07
Oct
Oct
In our second episode we sit down with Mr. Jayant Bhandari to discuss Indian economy, society and culture. Mr. Bhandari throws light on the underlying cultural factors that are necessary prerequisite for the progress of India. He also analyzes the economic policies of Modi and all other past governments while discussing the future of the […]