Mihir Sharma has this article in BS.
He says there are two mistakes which are holding Indian economy:
Yes they do. My media friends have this nice empirical paper to show and prove their might.
They point there were something like 689 city newspapers in US a century ago. This has shrunk to just 11 city newspapers. What is the impact of this decline? There have been some studies but cannot separate correlation from causation. This paper runs on a natural experiment and hence one can track the impact easier.
What is the natural experiment?