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...

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 termination of the proposed social audits of works carried out under the National Rural Employment Guarantee Scheme (NREGS) in 16 panchayats -- one each from an equal number of districts -- in Rajasthan this past week has come as a rude shock to the social activists who pioneered the job scheme. Coming as it does from the Congress Government in the NREGS flagship State of Rajasthan, the development has...

In a year of sparse rains and spiralling food prices, with hundreds of districts being officially declared as drought-hit, a rally by activists in the capital demands a Food Entitlements Act.  Perhaps the most vocal demands at the rally were those aimed at a complete revamp of the Public Distribution System (PDS), starting with universal — instead of targeted — coverage. Over 5,000 grassroots activists, agricultural workers, farmers, lawyers, doctors and...

It was to be a somber memorial, a remembrance of those who perished in a lethal milky fog. To mark the 25th anniversary of the world's worst industrial disaster, authorities planned to open up the now-dilapidated shell of the Union Carbide fertilizer plant, where in the wee hours of December 3, 1984, 40 tons of methyl isocyanate gas oozed out onto the sleeping city of Bhopal, India. About 4,000 people died instantly...