Archive for January 16th, 2012

Manmohan Singh – The reformer who never was one…

January 16, 2012

Sadanand Dhume of  American Enterprise Institute writes a controversial piece on the topic.

He says Dr Singh’s record as a so called reformist PM has been worrisome.


What will India look like in 2025?

January 16, 2012

Ejaz Ghani Economic Advisor at the World Bank in this post asks this question. The post follows from his work on South Asia- Reshaping Tomorrow: Is South Asia Ready for the Big Leap?

He presents both optimistic and pessimistic perspectives on India:


Bribing in India’s elections – a game theory perspective..

January 16, 2012

Gulzar as always presents this wonderful analysis on the topic.

Bribe giving by political parties is a common practice in India’s elections. It could be via cash or via some household utility items.

Gulzar presents this from game theory perspective. He looks at two games. First is the defection game and second the cooperation game. Read the post for details.

In the end he asks:

So, conditional on receipt of the bribes, what are the factors that drive voting choices? A few intuitive answers include those who paid the larger amount, those perceived as leading the electoral race, those who have struck a chord with some local or emotional issue, and sometimes even those who are perceived as extremely corrupt. Given this, do we have a window of opportunity here to align the individual incentives of voters with general public interest and drive the agenda of contesting candidates accordingly?

Need to think on this..

A primer on Austrian Economics

January 16, 2012

A superb interview of Peter Boettke, a leading scholar of Austrian economics. You finally get to know what the school is mainly about (in plain english).

First how did the name come about?


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