Biased Economist
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Biased Economist
4y ago
The national
capital of India is again in news due to pollution. Walking in the streets of
Delhi can be more lethal than smoking 50 cigarettes a day. The major reason
told to us for this pollution is the stubble burning by the farmers of Punjab
and Haryana. This shows the weakness of India’s domestic laws, where a state
government cannot do much about the pollution coming from another state.
However, the
issue of stubble burning is not new, this occurs every year. Despite various
attempts of governments, such as extreme one to arrest the farmers, there is no
escape from the issue. Perhaps ..read more
Biased Economist
4y ago
I was sleeping in the evening today, and when I woke up, at 5:45 pm, I saw my mobile phone. There was a news notification where I could only see a picture of Prof. Abhijit Banerjee. I searched for my specs and put them on. The first word came from my mouth were “Oh my God!”.
From Left: Abhijit Banerjee, Esther Duflo and Michael Kermer,Being an Indian, I am proud that this year’s nobel laureate is Indian born. More than that, I am jumping because this year’s economics nobel is given for the marvelous work in the Development Economics. I am following both, Banerjee and Duflo, since past two ..read more
Biased Economist
4y ago
The past three decades were blissful for the India’s growth numbers, but not for its developmental needs. Despite of being a democracy with the multi-party system, and free elections, it is far behind the authoritarian styled China. The elections in India are on ‘one person one vote’ basis, whereas in China the President is selected on the basis of internal negotiations in the Communist Party of China.
The hard truth here is that the China reduced the poverty,
gained literacy, improved infrastructure and worked amazingly on the other
welfare areas. The achievements of China is known by alm ..read more