Archive for July 23rd, 2012

Which US Cities’ GDP larger than countries’ GDP?

July 23, 2012

We usually compare which India’s states have larger populations than other countries.

How about comparing US cities with other economies in terms of GDP.

Take the Quiz first and see the list here. NY Metro region ranks 13th in the list of world economies…

 

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For Want of a Nail (read Profit), the Ship (read banking system) Was Lost

July 23, 2012

A nice example from shipping industry to help understand the woes of finance industry (HT: thebrowser.com)

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Krugman vs Iceland; Krugman Vs. Estonia

July 23, 2012

The Krugman Vs. Battles go on.

There was some stirring discussion on Krugman’s analysis on Iceland. CFR Blog pointed Krugman used wrong analysis to justify having your own currency helps. Arvind Subramanian helps understand the debate.His verdict:

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Evolution of top incomes in India (1922-2000)..

July 23, 2012

An absorbing paper from  Abhijit Banerjee and Thomas Piketty (Piketty in turn has co-authored many papers with Emmanuel Saez on incomes in other countries).

We are discussing so much about rising top incomes in developed world, how does India fare?

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