Archive for July 29th, 2015

What Economics can (and can’t) do?

July 29, 2015

Superb interview of Daniel Hausman, Prof of Philosophy at Univ of Notre Dame.

He discusses variety of issues pertaining to field of economics. In the end he sums up:

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Achilles’ heel of Indian public policy: Lack of information and limited institutions capacity

July 29, 2015

One wishes that several of India’s committee reports were analysed like this.

Prof Suryanarayana of IGIDR has a piece in recent EPW where he critiques a recent committee report on Food Corporation of India:

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IMF’s mistakes in Euro Crisis…

July 29, 2015

Much of the blame for EZ crisis has fallen on Europe and ECB policymakers. IMF which is usually a key party to such crisis has been ignored.

Nor surprisingly, IMF has retained its record of  worsening crisis in EZ case as well. Ngaire Woods of University of Oxford has a piece on the topic. IMF actually ignored six lessons this time:

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