Category: Top Reads
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Fiscal measures and global debt
Here is the latest on fiscal measures (courtesy: IMF) deployed by different countries: This stimulus collectively amounts $11 trillion worldwide. Yet, the state of global public debt is worrying too. Authors Vitor Gaspar and Gita Gopinath write: In the face of a sharp decline in global output, a massive fiscal response has been necessary to…
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How businesses are innovating during Covid-19
“The Happiest Place on Earth” isn’t staying locked down any longer and it has spread the message far and wide with an ad campaign that is drawing mixed reactions. The visitors to the Walt Disney World in the ad face dozens of masked workers at the recreation center even as children dressed in Disney attire…
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Who is WFH really hurting?
The poor, the young and the women – they are the worst affected when it comes to assessing the impact of remote work, this new IMF paper suggests. Overall, workers in food and accommodation, and wholesale and retail trade, are the hardest hit for having the least “teleworkable” jobs at all. That means more than…
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Hat tip: Macroeconomics seminar series
Lockdown has led to wonderful season of webinars and if you love Macroeconomics and Economic History, here are the webinars I recommend: The Graduate Institute Geneva has been conducting this fabulous series for those who are interested in Microeconomics, and just this week, we had Prof James Robinson presenting his studies on the economic effects…
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Via urbanomics: Rent versus buy: Renting is better, it seems
Trends in the global housing market http://feedproxy.google.com/~r/Urbanomics/~3/Q1BnbqEmY6Y/trends-in-global-housing-market.html — Read on feedproxy.google.com/~r/Urbanomics/~3/Q1BnbqEmY6Y/trends-in-global-housing-market.html
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Would you like to go to MIT without clearing college?
This may become possible if Nobel winners Duflo and Banerjee’s efforts are successful. The Massachusetts Institute of Technology is trying the idea in the field of poverty alleviation, hoping that the approach will allow it to enrol students from around the world who have the ability and motivation to succeed but lack the traditional credentials for entry.…
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Video lecture series on Inequality
Economics professors Arjun Jayadev and Branko Milanovic have collaborated on a video lecture series on Inequality – the five vidoes, free to watch, clearly and succinctly explain what Inequality is all about, why you should care and other fundamentals you have been wondering about for long. It’s cut-the-clutter stuff that you shouldn’t miss. Watch here:…
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The business of caste in India
Priyanka P. Narain and Pallavi SIngh Mumbai/New Delhi: Images of adventure reside in their collective memory—journeys into the cobbled streets of Antwerp to compete with powerful Hasidic Jew merchants for grubby stones, which, when polished and cut, would sparkle and dazzle. The journey that transformed the Palanpuri Jains from cloth and perfume traders into moguls…
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Inequality in publishing
Gender neutrality in economics: The role of editors and referees https://voxeu.org/article/gender-neutrality-economics-role-editors-and-referees Yet another paper confirming what we have known all along: Women academics face a higher bar for punishing in journals than their male peers.
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Millennials and Money
Four Reasons Why Millennials Don’t Have Any MoneyThe same forces… https://robertreich.org/post/190130389550 Same is true for India but the Indian media is busy sorting out its own credibility issues. Who has time to look at the real problems.
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Greta and Greenpeace
Exploitation of Greta – Greenpeace & Al Gore https://www.armstrongeconomics.com/world-news/climate/exploitation-of-greta-greenpeace-al-gore/ I have been thinking about this for quite a while and now all of this makes sense. What do you think? Greta is an amazing girl, but sometimes, all that idealism ans activism could be harnessed for some people’s goals and not for world peace. I…
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Should rich people pay more tax?
Second Richest Man Spouts Nonsense https://www.econlib.org/second-richest-man-spouts-nonsense/
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Dalit Capitalism
I covered Dalit capitalism for Mint in its early days when DICCI as a chamber of commerce for the Dalit community had just come up. My boss at Mint, who is an economist, always felt proud of my work, especially on Dalit capitalism. Today, I spoke to Milind Kamble, founder and chairman of DICCI, in…
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‘Good research is vital’
This very interesting interview with Alpa Shah is a must-read for anyone aspiring to write narrative non-fiction. Shah, a professor of anthropology at my alma mater London School of Economics, speaks beautifully and honestly about her writing process while working on ‘Nightmarch’ and has great messages for both academics as well as writers of the…
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CAN INDIA ACT IN TIME?
Almost every trade expert I speak to has been talking about the great opportunity that the continued US-China trade war offers to India to expand its trade with the US. Its true that global manufacturers reeling under the tariffs imposed by the US govt have begun looking to South and Southeast Asia to shift their…
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18 percent of 50
Wikipedia has been a deeply unequal place and this wasn’t going to change anytime soon. But thanks to the efforts of academics and researchers and gender experts around the world, the gender gap on Wikimedia has narrowed. Check out the figures for every country here. Since 2015, ‘Women in Red’ project based has been leading…
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Trump’s Crazy Quibble Over Yuan
The Yuan fell to its 11-year low against the US dollar last week. Trump immediately lashed out, calling China a “currency manipulator”.
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Should India toe the US line on Huawei?
India is roughly 100 days away from its 5G trials and it can’t make up its mind on whether Huawei should be invited to the trials.
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The Week That Was: Favorite Reads
I am always intrigued by developments in China, but this piece felt like the disturbing facts have moved closer home in India, especially in the context of what has happened in Jammu and Kashmir in the last few days (I blogged about this here). Imagine being tracked down by the government down to every step…
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The Week That Is
A landmark legislation, with a potential to change India’s polity and politics (for good or for bad), has been passed in a matter of a few days. Triple Talaq, purported as the legislation that will ensure gender equality and justice for Muslim women, is now a law and any Muslim man divorcing his wife verbally…
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India’s Garbage and Cycle Industries Are Facing The Heat, Thanks To China
Two reports in the last couple of days underline the impact of movements and decisions in global trade. This NYT report focusses on the impact on the $25 billion garbage industry in India. The crash in the industry is the result of China’s surprise cut in garbage imports last year. China buys most of the…
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Much Fuss Over GDP But How Do We Measure Happiness?
So, what are we going to do when we fix our GDP numbers back home? May be, join the global efforts on finding means to measure happiness, because number-driven GDP is already being punched for being an ineffective tool.
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Hey Alexa! Say Hello To Q!
Chances are, you have an Alexa at home. So do I. So, this post is for you.
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Kabir Singh Doesn’t Exist In An Alternate Universe. Fellow Feminists, It’s Time To Accept It
Though it’s a bit late in the day, here are my thoughts on Kabir Singh, the movie, which has been trashed by feminists as utterly vile and sickening for the sheer misogyny of its lead character played by Shahid Kapoor. A few critics have argued that Kabir Singh, the character, is so misogynistic that he…
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Does Capitalism make you materialistic?
Capitalism Didn’t Invent “Keeping Up with the Joneses” https://mises.org/node/47286 — Read on mises.org/node/47286 Absolutely interesting piece. This one breaks the myth about capitalism making people materialistic. It’s all about creating more choices and opportunities. What you pick remains your sole decision. Don’t blame capitalism for it.
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Yes! US-China Trade War is slowing down the world economy
The global economy is not doing well, and trade tensions between the United States and China have a role to play. Even as the rift continues, another conflict I wrote about yesterday also needs early resolution before it snowballs into something big. IMF’s World Economic Output Update released earlier this week underlines the fallout of…
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India and US Trade War Isn’t Unreal
United States–India trade ties have been in news for all the wrong reasons, of late. There may be optimism that it’s just a mini conflict that can be resolved easily, but the road ahead is nothing short of thorny. It’s a crisis that can snowball into a big rift if not managed properly. The institutional…
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The Big Show About Getting Nothing Done
This blog comes a bit late in the day, but I still wanted to put together some of the important thoughts that have emerged on the G20 summit this year.