Guest Entry by Poorti Dua Introduction Why do some nations become rich while others remain poor? Economists Acemoglu, Johnson, and Robinson claimed that it was because of institutions; the rules of the game that decide who is included and who is excluded from access to opportunities. But here lies a twist in the story. Whenever […]| Arthashastra
By Annavajhula J C Bose, PhD Former (Economics) Professor, SRCC Mainstream economists still teach the undergrads, using, for example, Mankiw’s Principles, Garrett Hardin’s theory of “The Tragedy of the Commons,” which states: “Ruin is the destination toward which all men rush, each pursuing his own best interest in a society that believes in the freedom […]| Arthashastra
Guest entry by Shreya Narula “None are more hopelessly enslaved than those who falsely believe they are free” – Johann Wolfgang von Goethe Every year, many ex-colonies celeb…| Arthashastra
By Annavajhula J C Bose, PhD Department of Economics (Retd.), SRCC Real-world people need versatile and humble intellectuals in touch with them, not specialized ivory-tower, snobbish intellectuals like in economics in touch with imaginary worlds. Madhav Gadgil, born in 1942 and educated in Pune, Mumbai and Harvard, is one of them. According to Ramachandra Guha, […]| Arthashastra
By Rama Vivek Gulavani, Editor-in-Chief “We must at present do our best to form a class who may be interpreters between us and the millions whom we govern, -a class of persons Indian in blood…| Arthashastra
By Urvika Mehra, Editor-in-Chief The theme for this month’s articles on Ecotalker is Decolonising Development. Before we assess the ‘colonisation’ of, and subsequent efforts to decolonise, development, it is crucial to understand what development is. The term ‘economic development’ gained traction in the 1950s when most countries belonging to the Global South were in the […]| Arthashastra
By Prapti Mukherjee, Deputy Editor Gothic horror has long been regarded as a genre that draws on ancient folklore to explore contemporary social anxieties. Its proliferation can be traced to the 18th century, a time of sociopolitical reform, class anxiety, and the emergence of industrial capitalism. Adam Smith describes consumption as the ‘sole end and […]| Arthashastra
By Anusmita Das, Deputy Editor It’s true that hard work never killed anybody, but I figure, why take the chance? — Ronald Reagan Image Source: https://donthitsave.com/comic/2019/09/20/excessive Narayana Murthy, the co-founder of Infosys, remarked that young people need to understand, “we have to work hard and work towards making India number one” and thus urged Indians […]| Arthashastra
By Manya Marwah, Deputy Editor Ownership is the hoax that companies are selling as convenience. The truth is, when we subscribe to services online, whether they be streaming platforms or internet plans that allow us to subscribe to digital networks, we are renting the feeling of possession rather than indulging in the actual act of […]| Arthashastra
By Tanya Rajesh, Deputy Editor As I enter my final year of college, pursuing a degree in a subject which is typically male dominated, I feel a sense of paranoia settle deep within me. Everywhere I look, I cannot help but notice a distinct lack of women in the labour force. The global labour force […]| Arthashastra
By Annavajhula J C Bose, PhD Former (Economics) Professor, SRCC Have you seen the last photos of the people who died by suicide as shown by the Campaign Against Living Miserably (CALM)? In thi…| Arthashastra
By Jigisha Sharma, Deputy Editor In the age of democracy and ‘Consumer is the Boss’, the power ideally rests in the hands of the citizens and the consumers; and what do we do when we’re dissa…| Arthashastra
By Annavajhula J C Bose, PhD Former (Economics) Professor, SRCC Do you know where in India this radical think tank is and have you ever come across its Aspects of India’s Economy journal edited by …| Arthashastra
