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After Running Air India into the Ground, Government Hopes its Plane Building Endeavour Takes Off 14 Aug 2013 | 05:13 pm

Mint reported yesterday that the ministry of commerce and industry is working on a proposal to build 70-100 seater commercial planes. My question today is – should government be in the business of bui...

Raghuram Rajan: From Rajpath to Mint Road, Challenges Galore 8 Aug 2013 | 06:27 pm

At a time when the Indian economy is in serious trouble, the Government has done well to appoint Dr Raghuram Rajan as the 23rd Governor of the Reserve Bank of India (RBI). Dr Rajan is a very accompli...

Milton Friedman: Champion of Free Markets 31 Jul 2013 | 01:32 pm

Today we celebrate Milton Friedman’s 101st birth anniversary and we take this opportunity to recount Milton Friedman’s connection with India. Milton Friedman in India[i] Milton Friedman visited Indi...

Uttarakhand Floods – The Problem of Adverse Incentives and The Role of Markets 19 Jul 2013 | 05:02 pm

Carrying on from where we left last week, in this post we explore the problem of adverse incentives in disaster management and relief when carried out by the government and the possible role of market...

Uttarakhand Floods – The Role of State in Rescue, Relief and Rehabilitation 8 Jul 2013 | 01:41 pm

(Image courtesy: ibnlive.in.com) Rescue, relief and rehabilitation of those affected by the Uttarakhand flash floods is still in progress. While the efforts of state government have been criticised, ...

Maharashtra Self-financed Schools Act: Harming the Poor in the Name of Public Good 19 Jun 2013 | 01:34 pm

Maharashtra Self-financed Schools Act: Harming the Poor in the Name of Public Good. The essence of regulation is the idea that regulations are required to safeguard constituencies a free-market fails...

Maharashtra Self-financed Schools Act: Harming the Poor in the Name of Public Good 19 Jun 2013 | 01:34 pm

Maharashtra Self-financed Schools Act: Harming the Poor in the Name of Public Good. The essence of regulation is the idea that regulations are required to safeguard constituencies a free-market fails ...

Western Black Rhino Now Extinct: Time for a New Approach 18 Jun 2013 | 05:19 pm

The International Union for Conservation of Nature has declared that the Western Black Rhino is now extinct. A case study published by the Property and Environment Research Center shows that strong p...

Western Black Rhino Now Extinct: Time for a New Approach 18 Jun 2013 | 05:19 pm

The International Union for Conservation of Nature has declared that the Western Black Rhino is now extinct. A case study published by the Property and Environment Research Center shows that strong pr...

Chandra Bhan Prasad on Dalit Emancipation 12 Jun 2013 | 11:53 am

Following on from yesterday’s post on how markets help to break traditional social hierarchies, here is a video of Chandra Bhan Prasad discussing how the market and modernity is leading to Dalit emanc...

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