dear beautiful minds, don’t be perfect

If life doesn't give you what you truly deserve, what must you do? When you can not be perfect, but you won't settle for any less, what do you do? I won't answer because these questions have no answers. Different people have answered it differently over the years. It's the difference in their responses that [...]

Mumbai floods

Floods in Mumbai are an annual affair. I know this may hurt some people but the day I visited Mumbai for the first time, it was raining cats and dogs, and exactly 21 days later, a major flooding of the financial capital took place. Financial Times reported this last year - the headline points to [...]

Ruth Alice Allen

Ruth Alice Allen, born in Texas in 1889, could be justly called a role model for women economists, if nothing more, and with a burst in feminist scholarship in recent years, it is only befitting that Allen’s work is rediscovered now. At a time when it was difficult for women to secure academic positions, Allen [...]

Too young to say goodbye

I didn't know Emmanuel Farhi except as someone invested in economics and the scholarship of economists. But his death has left me with several pressing thoughts. In an earlier post on this blog written immediately after his death, I had laid out the condolences and conspiracy theories around his death. Today, I am writing more [...]

Book alert!

Dr John Turner and Dr Will Quinn of Queen's University Belfast have written a brilliant new book titled 'Boom and Bust', which is a fascinating account of the ten bubbles in history occurring in the 19th century Australia to modern China. In the words of the The Enlightened Economist: Each episode is set in the [...]

Google All the Way and Oral History Interviews

This is a terrific and eye-opener of a report I read this past week on how Google search tricks us and cleverly keeps us on Google. Read on here to be surprised, really. Sums it up rather brilliantly: Here is a very interesting oral history interview where historian Reed Chervin interviews his doctor cousin, Dr. [...]

Emmanuel Farhi

Prof. Emmanuel Farhi was too young to die. Moving tributes poured in from people who knew Dr Farhi when he passed away on July 23rd, 2020. Just 41, Dr Farhi was a brilliant economist and as some of his colleagues described him, a future "Nobel winner". Robert C. Waggoner Professor of Economics in the Economics [...]

EconHistorienne #5: Scattered, aren’t we all?

In India, we are really scaling new heights - in Covid-19 infections, I mean. With economic growth predictions shuttering to new lows and other critical issues on the back burner, I have been feeling low too . I have been doing too much of red hat thinking lately and it’s NOT all good (I am [...]

Times when journalism was useful for the academia

When I was actively reporting, I overlooked the academic papers that referred to my reports. As a journalist, I wrote on diverse themes - from culture to politics to economy. I remember how my academic sources would direct me to my reports referred to in research papers but I wouldn't bookmark them. Only recently, I [...]

Games, Automation and AI

When everything else falters, trust games, automation and AI to lift businesses up. That explains why an overwhelming share of action in the world of business during the past week has centered around these three. With more people likely to stay indoors or work from home on account of Covid-19, businesses and investors have realised [...]

Fiscal measures and global debt

Here is the latest on fiscal measures (courtesy: IMF) deployed by different countries: Source: IMF blog This stimulus collectively amounts $11 trillion worldwide. Yet, the state of global public debt is worrying too. Source: IMF Blog Authors Vitor Gaspar and Gita Gopinath write: In the face of a sharp decline in global output, a massive [...]

How businesses are innovating during Covid-19

"The Happiest Place on Earth" isn't staying locked down any longer and it has spread the message far and wide with an ad campaign that is drawing mixed reactions. The visitors to the Walt Disney World in the ad face dozens of masked workers at the recreation center even as children dressed in Disney attire [...]

Who is WFH really hurting?

The poor, the young and the women - they are the worst affected when it comes to assessing the impact of remote work, this new IMF paper suggests. Overall, workers in food and accommodation, and wholesale and retail trade, are the hardest hit for having the least “teleworkable” jobs at all. That means more than [...]

Ivy League or Russell Group?

I think this week quite settles the question, for now. The immigration controversy has exposed the racism inherent in US immigration policy and Trump administration has exposed it only too well. Now, this happened today: https://twitter.com/AndrewMCrespo/status/1280838501957865473 This is a welcome development but the results are yet to be seen. So far, foreign students at US [...]

Between the devil and the deep sea

This Guardian cartoon totally sums up what I am trying to say! So we know what the world is looking like as lock downs come to an end in many parts of the world. People are gathering in hordes without masks, getting drunk like there is no tomorrow basically -- https://twitter.com/StephenBLowe/status/1279522924836409344 .... even as economists [...]

EconHistorienne #4 The Outsider

In this edition, you will read – What the death of an actor tells us about inequality in India My experience of discrimination Inequality of opportunity that arises out of discrimination Go here to read. If you missed issue #3 last week, read it here. Questions? Comments? Ideas? Email me: econhistorienne@gmail.com

EconHistorienne Issue #3 is Out

Issue #3 of EconHistorienne, a newsletter to help us make sense of inequality, capitalism and globalisation around the world, is out today. Last week, EconHistorienne followed a doctor at a hospital in India’s national capital New Delhi to chronicle his regular day at work and the worsening health inequalities during Covid-19 pandemic. Just as I [...]

I am watching this old video of myself and feeling yuck.

I have always wondered what is it about the past that makes us nostalgic. Is it the overnight obsession with all things lost to time, or just an emotional journey we must undergo so that we can make peace with the present? None of these make sense to me so when I look back at [...]

EconHistorienne collaborates with Newslaundry

Folks, if you are reading my newsletter EconHistorienne, you also know that I released issue 2 on May 18. Some of my favorite publications expressed interest in publishing the piece. I wasn't expecting this because the piece was written exclusively for the newsletter. A week after it was originally published, EconHistorienne today collaborated with Newslaundry [...]

Hat tip: Macroeconomics seminar series

Lockdown has led to wonderful season of webinars and if you love Macroeconomics and Economic History, here are the webinars I recommend: The Graduate Institute Geneva has been conducting this fabulous series for those who are interested in Microeconomics, and just this week, we had Prof James Robinson presenting his studies on the economic effects [...]

A memoir about an off-the-grid childhood and breaking out of it

Tara Westover's memoir starts with her life in the hills of Idaho in America until she turned 17 and left home for an access to formal education, not without murmurs of disquiet and disapproval from her family. Living life off the grid for the first seventeen years of her life, Tara goes through an entire [...]

The Understanding Money Mechanics

mises.org/library/understanding-money-mechanics-0 I am a big sucker for economists explaining things, and an over sharer of all such knowledge made public. After Arjun Jayadev and Franko Milanovic's free online video lecture series on Inequality, here is another one worth your time (link above) - The Understanding Money Mechanics series - by Robert P. Murphy. This is all going [...]

Link between education and the industrial revolution – Sharing Amol Agarwal’s post

Did education play a role in England’s industrial revolution? https://mostlyeconomics.wordpress.com/2020/01/30/did-education-play-a-role-in-englands-industrial-revolution/ — Read on mostlyeconomics.wordpress.com/2020/01/30/did-education-play-a-role-in-englands-industrial-revolution/