It's the loveliest Twitter thread I discovered in Tyler Cowen's recent blog post. Melissa Kearney, Economics Professor at the University of Maryland, argues that 6 year Econ PhDs are terrible, especially for female students. Tyler goes a step further and says Econ PhDs should be abolished. Instead, he suggests three years of graduate economics education [...]
I came across an excellent thread on the origins of Thomas Cook and its historical journey. Just sharing here.
The Yuan fell to its 11-year low against the US dollar last week. Trump immediately lashed out, calling China a "currency manipulator".
India is roughly 100 days away from its 5G trials and it can't make up its mind on whether Huawei should be invited to the trials.
A landmark legislation, with a potential to change India's polity and politics (for good or for bad), has been passed in a matter of a few days. Triple Talaq, purported as the legislation that will ensure gender equality and justice for Muslim women, is now a law and any Muslim man divorcing his wife verbally [...]
Two reports in the last couple of days underline the impact of movements and decisions in global trade. This NYT report focusses on the impact on the $25 billion garbage industry in India. The crash in the industry is the result of China's surprise cut in garbage imports last year. China buys most of the [...]
The debate over India's GDP numbers (economists are still locking horns over the truth and objectivity in these figures) was back into currency with this Arvind Subramanian piece published in June this year. He said that India may have overstated its GDP figures by 2.5 percentage points every year since 2011. Another insightful piece said [...]