Towards a mixed economy

Fri Sep 24 2010, the Indian Express

Economic reform begins in earnest. Some of the unemployed will be offered new government jobs, including in the police and tourism. But hundreds of thousands will be expected to fend for themselves. To help them, self-employment is to be legalised in dozens of areas, from transport to construction. The reforms will also allow many small state-owned businesses to become co-operatives, run by their employees. They will have to pay taxes, though how much has not yet been spelled out. Read more »

India’s surprising economic miracle

Tuesday 5 October ’10. The Indian Express

The country’s state may be weak, but its private companies are strong.   The Indian government recognises the need to tackle the infrastructure crisis, and is getting better at persuading private firms to stump up the capital. But the process is slow and infected with corruption.     Read more »

On top of the world

Thu Oct 14 2010, The Indian Express

Why the West’s present dominance is both recent and temporary???? Ian Morris, a polymathic Stanford University professor of classics and history, has written a remarkable book that may come to be as widely read as Paul Kennedy’s 1987 work, The Rise and Fall of the Great Powers. Like Mr Kennedy’s epic, Mr Morris’s Why the West Rules — For Now uses history and an overarching theory to address the anxieties of the present.

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