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...
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Textbook titan who redefined economics by Michael M Weinstein
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...
More »The Meanness of Mean India by Kamal Wadhwa
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...
More »Blockade & Oppression of Dalits in MP
People of dalit communities in the Gadarwara sub-division of district Narsinghpur in Madhya Pradesh are on the brink of starvation as they are facing harassment, economic sanctions and social boycott because they have refused to remove animal carcasses. A fact finding team of civil society organisations says that dalits at many places have been ‘imprisoned’ in their own houses as all entry and exit points have been blocked by the...
More »New media platforms hold out big promise for newspapers to grow by G Ananthakrishnan
Using the mobile platform to expand audiences and connecting with readers using social media such as Twitter, Facebook and even custom-built tools are important methods for newspapers to grow, speakers at the annual Digital Media Round Table of WAN-IFRA, the global organisation of newspapers and news publishers, said here on Monday. Data from developed markets showed that the compounded annual growth rate for advertising on mobile phones was projected to be...
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