Archive for March 16th, 2011

Economists Debate: What were the causes of the 2007 crisis?

March 16, 2011

This is the title of my new paper. In this I discuss the main causes of crisis discussed and debated by economists..

Comments/suggestions are welcome..


How Raghuram Rajan became an economist?

March 16, 2011

In this piece Raghuram Rajan recalls the events which made him become an economist:


What helps in case of income shocks? Family or Government

March 16, 2011

FRBSF econs (Kenneth Couch, Mary Daly, and Colin Gardiner) have a superb short paper on the topic.

Say, a person gets an income shock in form of job loss etc. What are his sources of income? Does government support him? Or is it that family members gear up and fill the shortfall?

As per the team, family members help make up for the income shortfall. They look at three such shocks:


40 Best iPad Apps for Your Personal Finances

March 16, 2011

Liz Nutt of sends me this link which lists 40 iPad Apps for managing personal finances.

Might be useful for iPad owners…

India’s FinMin questioned over LIC’s food coupon scheme

March 16, 2011

This is an interesting Press Release from PIB.

LIC has started giving its employees Sodexo food coupons as an incentive. It seems from the press release that some members of Rajya Sabna raised questions (on 15 Mar 20110 over whether this was a scam as well , criteria for selection etc.

Minister of State for Finance, Mr Namo Narain Meena clarified there is no scam:


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