Category Archives: Analysis

Financial Corruption isn’t the Real Problem

Those hoping to clean up our institutions imagine conducting sting operations, with hidden cameras, to catch the culprits in action. There is nothing wrong with such investigations. Governments should be afraid of the citizens. However, it is erroneous to think that the removal of bribery would solve the problems and defects of our institutions. Survival […]

(BOOK REVIEW) GDP: A Brief but Affectionate History

GDP: A Brief but Affectionate History by Diane Coyle (Revised and Updated Edition 2014, Princeton University Press, pp. 167 ) Diane Coyle’s little book GDP: A Brief but Affectionate History tells a very mainstream history of the statistics of GDP (Gross Domestic Product) in brief 145 pages. The book is divided into six chapters not […]

India to Grow at 10% per year for 10 Years?

Morgan Stanley (MS), an international financial institution, has come out with a report on India claiming that India was already on a path to growth, but the country’s drive towards digitization may put it on track to be the world’s fastest-growing economy over the next decade. MS’s study makes the claims primarily on two initiatives: […]

Strange Nationalism of India: No Interest in the Fellow Citizen

India ranks 100th in hunger, below North Korea, Bangladesh, Nepal and Myanmar. The GDP of India on per capita basis (2016: US$1,709) is lower than that of Africa. At least 50% of Indians do not have access to toilets. Officially 35% cannot read or write—the reality of literacy and employability is much worse. 240 million […]

Bring In Japanese Culture, Not the Bullet Train

Having traveled a lot on trains in Japan, I have so far not had an occasion when the person sitting in front of me did not ask for my permission if he could recline his seat. They ask me despite that there is ample leg space in those trains. When they arrive at their destination, […]