October 2025 – Arthashastra
5 posts published by ecotalker during October 2025| Arthashastra
By Annavajhula J C Bose, PhD Former (Economics) Professor, SRCC Miranda student asks: What is austerity? Why is it said to be a bad economic policy to pursue in a recession? Teacher using Mankiw’s Principles answers: Donno. God only knows and I donno God. Reply from Prof. Geoffrey Schneider: “Modern economies in the West tend […]| Arthashastra
By Sidra, Junior Editor The phrase ‘The Attention Economy’ has been floating around the internet for the past few years. In case you haven’t heard of it yet, it essentially refers to attention being used as a form of currency that producers and big media corporations try to capture in order to keep you on […]| Arthashastra
Guest entry by Lavanya Bhadana “Dilemma that India faced post-independence.” Source:- https://pin.it/5kKaSNaSA Most people believe that decolonisation in India ended in 1947 when the British finally departed Indian shores. But what if independence wasn’t merely about constitutions and flags? True decolonisation involved a reclaiming of the right to define development of our nation by our won people in our […]| Arthashastra
Guest Entry by Pragati Years ago, a majority of the powerful civilizations in the world were heavily dependent on agriculture. The prosperity of an economy had a direct correlation with the availab…| Arthashastra
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 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
