Economics

The Early and Free Days of IIM Calcutta

‘The IIMC students were ... among the best in the country…having come through several sieving processes and the horrors of entrance examinations at different levels from which only the best and the…
▶13-Mar-2025
N. Krishnaji
Book
Book Review

Blindness of US Economists to Inequalities in the Land of the Free and (Un)equal

With its focus on growth and efficiency, mainstream Economics in the US has by and large ignored inequality. As a result, it has not tackled the big question: Is American capitalism today compatible…
▶11-Dec-2024
Avanti Mukherjee
Book
Book Review

Case for a More Inclusive Social System

In his new book, Joseph Stiglitz argues that neoliberalism has focused too much on limiting government restrictions (negative freedoms) while neglecting government support (positive freedoms). This…
▶04-Oct-2024
Arjun Jayadev

A Supply-fix for a Demand-problem?

For the first time in years, the NDA government has admitted that there is a need to prioritise job growth. But Budget 2024 does not offer the right policy thrust. The economy needs a new economic…
▶19-Aug-2024
Rohit Azad, Indranil Chowdhury
Book
Book Review

An Economist on the Move

Economist Pranab Bardhan’s autobiographical account focuses on his intellectual growth alongside influential economists and ideas, rather than on personal details. It reflects the well-known…
▶06-May-2024
Pulin B. Nayak

The Right Lessons to Draw as India Overtakes China's Population

India will become the world’s most populous country earlier than anticipated. It would however be counterproductive to take coercive steps towards population control.
▶11-Jul-2022
Christophe Z. Guilmoto, Aprajita Sarcar
Explainer

Surely, We Could Trade This for Something Else…

Mainstream trade theory suppresses the variations and complexities of real life to produce an unsustainable myth of ‘Trade is Good’. Such theories have produced global inequalities and tensions,…
▶10-Aug-2020
Praveen Singh

For A Bahujan Economics

Bahujan students face hostility in universities but they cannot give up. They must fight to assert their identity, reject being called “non-meritorious” and master their subjects. One scholar…
▶10-Dec-2019
Aditi Priya

Indecent Proposals in Economics

The 2019 Nobel laureates in Economics should use their new stature to call for a moratorium on experiments done on vulnerable populations since poor ethical standards often mark the design and…
▶29-Oct-2019
Ankur Sarin

The Mirage of Modinomics

Over-promise and under-deliver has been the story of the Narendra Modi government's management of the economy.
▶22-Feb-2019
Maitreesh Ghatak, Udayan Mukherjee