The Kashmir Conundrum

Apologies for being away for almost a week. I have missed you, hope you have too. I had no realization of what significant events my brief interlude from blogging would bring. But while I have been away, Jammu and Kashmir as a state of India don't exist the way it used to. It's now a [...]

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Much Fuss Over GDP But How Do We Measure Happiness?

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 [...]

Does Capitalism make you materialistic?

Capitalism Didn't Invent "Keeping Up with the Joneses" https://mises.org/node/47286 — Read on mises.org/node/47286 Absolutely interesting piece. This one breaks the myth about capitalism making people materialistic. It's all about creating more choices and opportunities. What you pick remains your sole decision. Don't blame capitalism for it.

Yes! US-China Trade War is slowing down the world economy

The global economy is not doing well, and trade tensions between the United States and China have a role to play. Even as the rift continues, another conflict I wrote about yesterday also needs early resolution before it snowballs into something big. IMF's World Economic Output Update released earlier this week underlines the fallout of [...]