Richard Clarida's recent paper could be key for policymakers in deciding whether India should move to an 'inflation targeting policy regime'
Inflation targeting is not necessarily the holy grail its defenders make it out to be. We ought to be mindful of this in India
Narendra Modi's rhetoric around governance seems closer to Mundell's ideas than Keynes' that focus on managing demand
The money spent on vote-seeking should not be reckoned a cost, but merely a costless transfer from electoral candidates to the public
A paper demonstrating that the UPA's economic performance is better than the NDA's ends up becoming a thinly veiled opinion piece
A new paper by economist Manasa Patnam analyses the impact of exit polls on voters in the middle of multi-stage election contests
It is perhaps a direct fallout from the misreading of the causes of the defeats of Chandrababu Naidu in Andhra Pradesh and the National Democratic Alliance at the centre in 2004
AAP's rise mirrors the rise of similar movements in history, and each case reflects the role of a politically energised middle class
The image of a domestic worker as a feudal serf is erroneous
The 'counterfactual' scenario is central to reasoning in the sciences and social sciences, yet it remains poorly understood outside these disciplines
The case for poverty reduction is accepted by both the Left and Right, whereas the case for reducing inequality is not as clear-cut
The theory and evidence about competition in politics are mixed
While a depreciating rupee, in theory, is good for exports, the subtler effect of a more volatile rupee should warrant the concern of our policymakers
The current debate around the rupee is a perfect opportunity to revisit a classic debate between two titans: Friedman and Mundell
If economic reform benefits the majority of people, why is it politically hard to achieve? Research points to distributional conflict as the key
Recently released survey statistics show poverty has declined in many fast-growing states. But don't read them as addressing the "debate" between Jagdish Bhagwati and Amartya Sen
His vague good governance rhetoric, micro-managerial style, and realities of politics don't bode well for becoming an economic reformer
What surveys do - and don't - tell us about how popular Modi really is
A meaningful long-run strategy to eradicate poverty would do more than a top-down distributive model
What ties together Thatcher and Modi is that their respective economic and political approaches are rigged in controversy