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India's Thatcher moments

New Delhi, Aug. 23 -- The year was 1990. Margaret Thatcher was the prime minister of the UK. She had won her party a third consecutive term in 1987 but by the end of 1989 she had become so hugely unpo... Read More


The origins of Indian liberalism

New Delhi, Aug. 16 -- Indian history, from about 1970 to about 2010, was bifocal. The established historians either talked about the glories of Mughal rule from Akbar to Aurangzeb or of the freedom st... Read More


Gulliver and the Lilliputians

New Delhi, Aug. 9 -- Recent political events have led to a lot of analysis. So here's one more. Hopefully it will deflate all high expectations. These events involve the BJP, which is a huge politica... Read More


The economics of medical education

New Delhi, Aug. 3 -- Every now and then in India, education generally and medical education and primary education specially, generate a lot of heated discussion. After a while things go back to their ... Read More


Governance: Style and substance

New Delhi, July 27 -- As things stand today, it's impossible for my generation not to hark back to 1971-75. Indira Gandhi ruled supreme and in 1972 a weekly in England called her the 'Empress of India... Read More


The world's set for a bumpy ride

New Delhi, July 20 -- So the world is back where it started in the US-Iran war. After a short lived ceasefire, both sides are bombing each other. The flow of crude oil is disrupted and global supply i... Read More


National security versus trade

New Delhi, July 13 -- From 1950 to 2025 it was an article of faith that the more a country traded, the more prosperous it would become. And this was proved to be right But according to a recent IMF p... Read More


AI and the fate of economists

New Delhi, July 6 -- The period between 1950 and 1980 saw a burgeoning of three intellectual disciplines. One was sociology, the second was political science and the third was economics. But by the e... Read More


It happens only in Indiya

New Delhi, June 29 -- A lot of highly intelligent people think China is the cat's whiskers. Thus, "Power in international trade disputes in a fundamental sense reflects power over supply, not power ov... Read More


Will employment rise in age of AI?

New Delhi, June 15 -- Everyone thinks there is only one gorilla in the room, namely, AI. Actually there are two. The second is the absence of policy instruments to tackle the massive unemployment that... Read More