-Outlook Recent studies point to two areas where NREGS has had an impact — rural education and Naxalite conflict. "Economics is haunted by more fallacies than any other study known to man."  This rather depressing assessment of the field is the opening sentence of Henry Hazlitt's classic primer, Economics in one lesson. In Hazlitt's view, most economists only measure the immediate impact of their policies. A good economist, Hazlitt contended, looks not merely...

-The Indian Express There is a worrying dearth of Indian economists working on agriculture today. In his classic Money: Whence It Came, Where It Went, John Kenneth Galbraith observed how the economics profession had a well-defined order of precedence. At the top were the economic theorists and specialists in banking and finance. At the bottom of the hierarchy were agricultural economists. George F. Warren from Cornell University was even worse — a...

-The Hindu Business Line How the Indian State metamorphosed from protector of the poor to facilitator of the private health industry If there is correlation between two incidents of the Central Government announcing cuts in the health budget and dengue patients being refused treatment in Delhi’s private hospitals, it is rarely discussed in the ongoing media debate on the subject. A new collection of researched essays edited by public health scholar Imrana...

-IPSNews.net UNITED NATIONS: When the Royal Swedish Academy of Sciences awarded the 2015 Nobel Prize in Economics to Professor Angus Deaton of Princeton University, the accolade had a significant relevance to the United Nations. The Academy bestowed the honour on the British-born Deaton, 69, primarily for his analysis of consumption, poverty and welfare.   Deaton’s research reflects some of the socio-economic issues on the U.N. agenda, including poverty alleviation, economic inequalities, consumption patterns, household...

-The Hindu The idea of attacking poverty by increasing mobile connectivity in a country that ranks 55 in the Global Hunger Index is just fantasy Interviewer: What would you regard as the most outstanding and significant event of the last decade? Siddhartha: The… war in Vietnam, sir. Interviewer: More significant than landing on the moon? Siddhartha: I think so, sir. — “Pratidwandi” (The Adversary), 1970 The most fundamental debate for our youth is the choice between Android,...