Paul A. Samuelson, the first American Nobel laureate in economics and the foremost academic economist of the 20th century, died Sunday at his home in Belmont, Mass. He was 94. His death was announced by the Massachusetts Institute of Technology, which Samuelson helped build into one of the world’s great centres of graduate education in economics. In receiving the Nobel Prize in 1970, Samuelson was credited with transforming his discipline from...

The Copenhagen summit on global warming and climate change has commenced. Instead of a leadership role, we will now be playing a followers’ role. We fell behind the emerging consensus curve. We held on for too long to outmoded positions of merely harping on per capita emission and common-differentiated obligation while disregarding many other significant factors. The recent decision of China, announcing a 40 per cent cut in its energy...

Despite a booming economy, nutrition deprivation among India’s children remains widespread.  “All human beings are born free and equal in dignity and rights.” So begins the Universal Declaration of Human Rights established 60 years ago and celebrated today around the globe. This year’s theme is non-discrimination. When it comes to nutrition, all of India’s children are not equal. According to India’s third National Family Health Survey (NFHS-3) of 2005-06, 20...

The prime minister of Denmark, Lars Løkke Rasmussen, is now calling for a “political declaration” at the Copenhagen climate change conference, instead of the promised “ambitious” and “binding” outcome. In other words, brave words will take the place of bold deeds at Copenhagen. India and other developing countries are reluctant to accept this lowering of sights and are still hoping for substantive results. The Danish announcement is disappointing but not unexpected....

The group of four emerging economies sets June 2010 as deadline to reach consensus  Further negotiations on any unresolved issues should be in accordance with Bali mandate Rich nations should provide finance and technology support to developing countries Not hopeful of an agreement on climate change at Copenhagen — the negotiations for which begin next week — the group of four emerging economies, Brazil, South Africa, India and China, have set June...