-The Economist A new form of radical centrist politics is needed to tackle inequality without hurting economic growth BY THE end of the 19th century, the first age of globalisation and a spate of new inventions had transformed the world economy. But the “Gilded Age” was also a famously unequal one, with America’s robber barons and Europe’s “Downton Abbey” classes amassing huge wealth: the concept of “conspicuous consumption” dates back to 1899....
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For richer, for poorer-Zanny Minton Beddoes
-The Economist Growing inequality is one of the biggest social, economic and political challenges of our time. But it is not inevitable, says Zanny Minton Beddoes IN 1889, AT the height of America’s first Gilded Age, George Vanderbilt II, grandson of the original railway magnate, set out to build a country estate in the Blue Ridge mountains of North Carolina. He hired the most prominent architect of the time, toured the chateaux...
More »Digital divide widens even as costs drop globally -Aman Sethi
-The Hindu Despite advances, India is 119th in connectivity The digital divide between the most and least developed countries — measured in terms of costs, quality and connectivity — continues to grow, according to data released by the International Telecommunications Union (ITU). Global broadband prices have dropped nearly 75 per cent between 2008 and 2011, yet the poorest countries, particularly in Africa, continue to have the highest connectivity costs in the world. “Today the...
More »The dark underbelly of India’s clinical trials business-Malia Politzer and Vidya Krishnan
-Live Mint Incidents at Bhopal and Indore highlight irregularities and ethical violations in some trials In 2004, doctors at the Bhopal Memorial Hospital and Research Centre (BMHRC), established exclusively for treating the victims of the 1984 gas leak, recruited unsuspecting survivors for clinical trials without their knowledge or consent; 14 participants died during the course of the trials. Together with the episode in Indore’s Maharaja Yashwantrao Hospital (that Mint reported on 10...
More »Get off the ban wagon
-The Indian Express The export-import policy for farm products needs to be consistent and predictable Sal seeds are obtained from Orissa-based tribals for money that would not compensate them for even the cost of a bus ride to the state capital Bhubaneswar. The produce is, however, valuable as it is converted to sal seed butter, used in Europe by the chocolate industry. But one of the world’s fastest-growing chocolate markets, India, does...
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