Archive for May 6th, 2016

Imagining a New Bretton Woods with old ideas of Keynes

May 6, 2016

Yanis Varoufakis looks at what Keynes missed pushing during Bretton Woods. This was of course the idea of a reserve currency Bancor and ensuring that global imbalances are a problem for both surplus and deficit countries.

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Niti Aayog’s (even India’s) real problem: Many macroeconomists, no microecons

May 6, 2016

The author picks up an important issue but like previous other pieces barely digs enough.

He says Niti Aayog is looking for economists but there is deficit:

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Why bank deposits and currency in circulation have decoupled?

May 6, 2016

Arvind Subramanian, CEA has piece on one of the puzzles facing Indian economy – why bank deposits have lagged and currency in circulation increased? This blog looked at currency in circulation reasons here.

CEA says:

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