Paul A. Samuelson (May 15, 1915 — December 13, 2009) has often been described as the foremost academic economist of the 20th century. Randall E. Parker, the economic historian, has called him the “Father of Modern Economics”. All this may be hotly disputed in Chicago, but in any case, Samuelson was the first American to receive the Nobel prize in economic sciences. The Swedish Royal Academy’s citation stated that he...

Introduction The phenomenon of disability is one of the pressing problems in the world. According to the projections of international agencies, about 10 per cent of the population are affected with physical, mental, sensory and other forms of impairments and around 75 per cent of the disabled population are concentrated in the rural and inaccessible areas of the developing societies. This data is based on recent studies carried out in various...

As agriculture Universities transform local varieties into genetically modified Bt brinjal, questions of ownership arise. Indians call it the brinjal. Other countries know it as the eggplant or aubergine. It is widely used the world over and every cuisine from the Chinese to the African has an encyclopaedia of recipes that establishes its popularity as a vegetable of daily use. And no vegetable has hogged the headlines as much as the...

Even a cursory glance at the daily newspaper reveals the economic mindset and the manipulation of that mindset into losing its sense of balance and well-being by the plethora of reports, articles and stories on the economic life of the Indian nation. There are all sorts of stories, statistics, credit appraisals, banking trends, FDI investment couched in the jargon of the modern economy that, curiously enough, seems to be so...

Transgenic Cotton being hastily pushed in India, says researcher Technological alternatives available to switch from conventional production NEW DELHI: A panel discussion on ‘GM Foods and Food Security’ held here on Thursday highlighted differing opinions on the controversial subject, although the majority opinion was in favour of GM crops. Participating in the discussion, organised by the Institute of Economic Growth, Ronald Herring of Cornell University pointed out that Bt Cotton in India played an...