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The anarchical society
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| | November 14, 2009, 00:05 IST |
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Ever since Gunnar Myrdal’s Asian Drama, which castigated India as a “soft state”, western observers, as well as many members of the Nehruvian wing of Macaulay’s children, have failed to understand the anarchical society which has existed in India for millennia.
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Macaulay's children redux
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| | September 29, 2009, 00:05 IST |
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At a recent Engelsberg seminar organised by the Ax:son Johnson foundation in Sweden, I gave a paper on “The view of America from India”, revisiting a theme I had written about in the late 1980s, in a paper entitled “Manners, Morals and Materialism: some Indian perceptions of America and Great Britain” for a seminar organised by Nathan and Lochi Glazer at Harvard (reprinted in my Against Dirigisme).
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Spiking the road to Copenhagen
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| | August 25, 2009, 00:35 IST |
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Three cheers for Jairam Ramesh! India at last has an environment minister who is willing and able to denounce the hypocrisy and immorality of the West in twisting the arms of India and China to curb their carbon emissions.
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A new international monetary system?
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| | July 28, 2009, 00:46 IST |
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The current monetary 'non-system' is the only way to deal with the turmoil in the world economy.
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A new financial order?
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| | June 30, 2009, 09:00 IST |
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The Obama administration’s financial White Paper and Mervyn King’s Mansion House speech provide some insight on the possible lineaments of a new financial system in the two major Anglo-Saxon economies.
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Tasks for an emerging superpower
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| | May 26, 2009, 00:24 IST |
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Rapid economic growth and increasing military strength are essential to meeting geo-political challenges.
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The Pakistan conundrum
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| | April 28, 2009, 00:36 IST |
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With the Pakistani state having surrendered Swat to the Taliban, the future of Pakistan as a normal functioning modern state is in question.
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A Hayekian recession with Fisherian consequences
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| | March 31, 2009, 00:05 IST |
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Fisher blamed over-indebtedness on 'easy money'-a succinct explanation of the current crisis.
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Fin Crisis IV - Geo-political consequences
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| | February 24, 2009, 00:57 IST |
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The US will find it difficult to maintain the sinews of the forces that have held the global order together.
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Global financial crisis - III: What remedy?
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| | January 27, 2009, 00:21 IST |
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The dog's breakfast of an Obama stimulus package will cause another Great Inflation to follow the Big Recession.
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Global Financial Crisis II - Is Protection Next?
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| | December 30, 2008, 00:10 IST |
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Invoking the 'scarce currency' clause would allow the US to legitimately discriminate against Chinese imports.
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The global financial crisis
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| | November 25, 2008, 00:14 IST |
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Unlike the Third World debt crisis of the 1980s, bailouts today are the norm not the exception.
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The mechanics of the Chinese miracle
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| | October 29, 2008, 00:52 IST |
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Bureaucrats become capitalists with the right set of incentives.
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Libertarian paternalism
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| | September 30, 2008, 00:03 IST |
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The Nanny State must not be allowed to replace the Planned Economy.
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The politician's tragedy - From hubris to nemesis
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| | August 26, 2008, 05:20 IST |
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Manmohan Singh is the sort of hero that Homer knew — a man of strength, courage and wisdom.
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