Archive for December 30th, 2013

Does religion affect economic growth and happiness? Evidence from Ramadan

December 30, 2013

A fascinating paper by Filipe R. Campante and David H. Yanagizawa-Drott of Harvard.

They look at economics around Ramadan month celebrated by Muslims. It seems growth comes down during the month but people are happier:

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The value of corporate culture…

December 30, 2013

Luigi Guiso, Paola Sapienzaa and Luigi Zingales have this interesting paper on the role of culture in a firm.

They say culture matters:

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Experts praising AAP’s political success but questioning its economic manifesto..

December 30, 2013

Aam Aadmi Party’s and Arvind Kejriwal‘s amazing journey from being a corruption activist to becoming Delhi’s youngest CM is stuff of fairy tale. And all this in just one year where people sped all their lives in politics tying to become some minister. And becoming a CM right away that too representing a party which celebrated its one year on 26 Nov 2013. It is all so surreal really.

Equally amazing is How Delhiites have voted so strongly for the party. Anyone you talk to in Delhi, says we knew they will win some seats but so many was never really believed. To see a change (if we can call it one) in India’s political capital is amazing to see.

Coming to the title of the post. As expected, there have been lot of praises from all corners (barring the opposition camp which is stumped for words). People have analysed the reasons for victory, challenges going ahead, how many days will it last etc..

Now there is another section which says AAP’s economic manifesto is full of  problems. Basically it is all about uneconomic stuff – cheaper electricity bills, free water etc. I picked some economic agenda from its manifesto:

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