governance, political economy, institutional development and economic regulation
For rational people, if this breed actually exists other than in the imagination of economists, the most logical way out of the Grexit logjam was for Greece to vote “yes, we can”. Just by agreeing to take the pain of austerity measures, they would have got the amount required for this year, estimated at around […]
Read More Barbarians in the temple of Dionysus(photo credit: http://www.firstpost.com) Imagine if FM Jaitley had admitted in his budget speech of February 28 that of the Rs 17.77 lakh crores (US$ 287 billion) of expenditure he was tabling in Parliament, less than one third was really available for innovating on the past trends and the bulk of the funds relate to liabilities […]
Read More FM Jaitley’s conundrum: Fat wallet but empty pocketsUnlike monkeys, it is not in the nature of humans to huddle though we take to cuddling quite easily. The instinct to explore new frontiers and the excessive demands which we impose on natural resources; both push us to put space between each other. The ancestors of today’s Indians trekked all the way from Africa […]
Read More Mega-cities are inhuman