David Graeber passed away earlier this month. Around the same time, I tested positive for Covid, hence the late post. I kept reading the condolences and remembrances pouring on the internet, as tweets, articles and newspaper obituaries, starting with his partner Nika Dubrovsky tweeting about his demise: She later also shared Graeber’s plans for his […]
I cried all the way while driving back home. This was three weeks ago. I was at the Aadhar enrolment centre in New Delhi for an update in my national identity card, my first outing after the lockdown in April. If I didn’t have to leave for the UK in December for my research, I […]
The short and beautiful answer to this, in the words of my dear friend Shriya (find her lovely blog here), is: Just write. Don’t think much, just write, write, write. I followed her advice and I think, just writing helps overcome writer’s block and gets rid of the imposter syndrome. It’s super effective. That tackled, […]
Japan Prime Minister Shinzo Abe has resigned on account of poor health. Speculations to this effect were rife after he was seen emerging out of a hospital earlier this week. Abe has been Japan’s longest serving prime minister, quite a remarkable feat for a country obsessed with consistently high performance, so replacing him will be […]
Important long read by Kaushik Basu. How India started out as a promise and is now fast deteriorating into decline.
I will be writing op-eds for moneycontrol, India’s number 1 financial news website, and today was my debut. Do read. Moneycontrol Link: https://www.moneycontrol.com/news/opinion/time-for-a-policy-rethink-on-crime-and-poverty-eradication-5762451.html
Chances are, you have read this already. If you haven’t, I would urge you to read this sharp piece by Andy Mukherjee. It’s an alarming tale, cautioning us of the monopoly India is poised to be heading towards. If privatisation has done any good, it has mostly done it for the capitalists, more recently in […]
The piece I always turn to every time I have to head out for field interviews. Do give it a try, it teaches you something.
Interesting new paper on the evolution of Indian capitalism that challenges the age-old trope of exceptionalism of the West and Asia’s fall. A little brief on the paper and full download can be found here,
Neat review of Priyamvada Gopal’s book Insurgent Empire in South Asia: Journal of South Asian Studies by Dinyar Patel [citation below] Gopal frames this period as just a prelude to truly sustained and productive co-operation between colonial subjects and British anti-imperialists in the inter-war period, but such alliances had already blossomed in significant ways. By […]
India is facing an uphill task battling the Covid-19. New Delhi, its national capital, is flooded with cases and subsequent stories of misery and deaths due to the pandemic. Its financial capital Mumbai is buried neck deep in the crisis. The infectious disease has reached its southern state with a vengeance – there have been […]
Millennails are truly gutted. I remember I had barely started my career as a journalist when the 2008 financial crisis plunged the global economy and it seems, my generation has not recovered from it yet. Blame it on economic crises after crises, and this year, we are staring into a recession even as we lose […]
Five million salaried Indians lost their jobs last month. This is the highest figure for this year. And as the graphs show, it’s going to get worse in August. The job loss among the salaried class is not a surprise to me. I have known this for sometime as I have spent the last year […]
If you thought this is done with and buried by our ancestors in history, you are terribly wrong. A California resident has now tested positive for the plague, becoming the first case in five years since the disease has been detected in the state. The plague originated in Asia over 2,000 years ago and was […]
Everyone this week has been raving about this interview and it’s not for no reason. Harvard economist Stephen Marglin talks about his India connection in this interview with Maya Adereth, Shani Cohen and Jack Gross on Phenomenal World. Interesting conversation, richly framed. Don’t miss it.
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, 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 […]
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 […]
Prof. Emmanuel Farhi was too young to die. Just as SSR was too young to die too. Farhi was 41; SSR was 34. In both events, we lost bright stars. This post is on Farhi’s passing away which has shocked people who knew, loved and admired him. Moving tributes poured in from people who knew […]
I am going to blog about 100 women economists and economic historians. I start with Edith Abbott. Edith Abbott: From Economics to Social Work (1876-1957) Edith Abbott, labour economist and economic historian, was the second woman to earn an Economics PhD from the University of Chicago in 1905. Interested in labour statistics and employment trends, […]
Economic Historian Guido Alfani, who studies long run trends in inequality, posted a series of tweets on pandemics and inequality this week. To sum up: Some pandemics in history helped reduce inequality, but it would be wrong to say that all pandemics reduce inequality. 2. Some pandemics may not have macro impact but can still […]
Here is the latest on fiscal measures (courtesy: IMF) deployed by different countries: This stimulus collectively amounts $11 trillion worldwide. Yet, the state of global public debt is worrying too. Authors Vitor Gaspar and Gita Gopinath write: In the face of a sharp decline in global output, a massive fiscal response has been necessary to […]
“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 […]
Let me tell you simple things. Covid 19 quarantine is helping me get this straight and simple: I like capital and those who aid capitalism. So this bothers me when capitalism is blamed for the mess we are in. This world is complex and I am someone who believes the right set of institutions hold […]
‘[M]y brain is quite congealed. I cannot think of a word to say to anyone.’ In India of the 1920s, a socially awkward young woman said this of her experience at the parties in Gwalior, India. In less than a decade, she joined Cambridge and became one of the foremost economic thinkers of our time. […]
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: firstname.lastname@example.org
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 […]
The world we live in is getting scarier as disturbing events unfold. Floyd’s gruesome killing has sparked fierce reactions globally and we are now left tracing its roots to the long-standing racial prejudices that have existed alongside decades of material prosperity. We know this could be traced to British colonialism in the Americas and the […]
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 […]
So finally, it’s here and it would be great for you to sign up for it now. Go to econhistorienne.substack.com and sign up. Let me know how you like it. Love and peace, PS.