Corruption: Where We Don’t Like Folks Getting Along Too Well | Lalit Panda

Economics had, of course, previously developed a politically (or economically) correct term to condemn corrupt activity: rent-seeking. However, this is a much wider term, referring even to entirely legal pursuits by which individuals could seek to corner wealth for themselves without actually participating to create new wealth. Continue reading Corruption: Where We Don’t Like Folks Getting Along Too Well | Lalit Panda

The Left, The Right and The Ugly: The Force Awakens | Sujoy Sur

Since the Biblical figure of Jesus, barring John Ball, there have been many people who have advocated against the tyranny of the few leading to the oppression of the many. The two most famous of them being Adam Smith and Karl Marx. Smith, a professor in Moral Philosophy, propagated that men are the best judge of themselves, which includes their ability to sell their skill and labor. Continue reading The Left, The Right and The Ugly: The Force Awakens | Sujoy Sur

NITI Aayog & the Unpredictable Human Mind| Vishal Sinha

As more and more policies are being adopted by our welfare State, there is a compelling need to choose all weapons from the regulatory-economics artillery to surge efficiency in the multitudinous situations Indian policy making has to deal with. In lieu of the same, there needs to be a detailed policy, mandate and structure of the nudge unit established in the NITI Aayog. Continue reading NITI Aayog & the Unpredictable Human Mind| Vishal Sinha

The Indian Mother and Stable Jobs | Vishal Sinha

It has also been established that maternity leave of atleast 12 weeks leads to significant stress reduction for the mothers. Economically, it is widely accepted that maternity leaves have a positive effect on the economy: it ensures that female workers return to offices, thereby enabling workforce continuity for firms. Continue reading The Indian Mother and Stable Jobs | Vishal Sinha