Harsh and I have co-authored a piece on how liberalization brings structural dislocations with it. The solution is counter-intuitively not to stop liberalization, but to liberalize deeper and faster: The fable of The Shop Around The Corner rings true in…
Monthly archives of “November 2011”
Science
There is nothing like “basic science” and “applied science”. There is only science and its application.
– Louis Pasteur
Work Worth Doing
Far and away the best prize that life offers is a chance to work hard at work worth doing.
…a fourth rate lecturer, who cannot speak good grammar.
The New York Herald (May 19 1860) describing Abraham Lincoln
Doing The Impossible
A Nosy Government
Harsh and I have co-authored a piece on how government interference across industries hamstrings India’s economic performance: The irony is that farmers and billionaires alike suffer the same fate at the hands of a nosy government that wants to needlessly…
India’s Road To Fiscal Ruin
Harsh and I have co-authored a piece on the Indian government’s irresponsible spending spree: “My appetite is infinite and my greed is more.” These words were uttered not by a banker or CEO from the top 1% of the income…