Check the Emperor’s health

There are three reasons why governments, like humans, act irrationally rather than the rational economic agents they are supposed to be.  My time is up First, if governments perceive that their time in office is limited there is nothing to be lost by dropping all restraints and doing whatever they wish to – a daring […]

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Chasing a V shaped recovery

Macho men have a subliminal attachment to the V shape because that is what they are supposed to look like. No coincidence then that virility is also spelt with a V. The sad truth is that a V shape does not come naturally. It is the consequence of lots of grunt work to sculpt away […]

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The price of fiscal exuberance

Politics is heating up. Elections in Bihar loom in November with Assam, Kerala, Tamil Nadu* and West Bengal tightly packed together in May next year, just after the FY 2021-22 budget. Bihar remains rural at heart. Luckily for the BJP, agriculture is the bright star in the Indian economy with expected growth of 3%. Doesn’t […]

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The migrant as folk hero

It is difficult not to eulogize the lonely migrant worker trudging his way home on deserted locked-down highways and sometimes not reaching his destination. Some of this is guilt because of the economic and physical hardships they are suffering. They have tugged at heart strings by risking death or injury just to get back to […]

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Joining the dots on electricity

The depressing sameness of the days for those locked-in as the epidemic rages, is relieved only by the 24X7 flow of electricity – the juice that keeps us all connected, informed, entertained and as summer advances, in air cooled or conditioned comfort. Thank God its not the power deficient noughties! Imagine being locked-in for two […]

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