-The Hindu India’s failure to put in place a sound schooling system is exacting a heavy price Word has it that there are two schools of thought among Indian development economists — one advocating growth and the other Redistribution. This perception is quite misleading. For one thing, growth and Redistribution are not the only means of making the world a better place. To illustrate, civil liberties have much to contribute to the...
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The Proposal for a Minimum Global Corporate Tax Rate -Prabhat Patnaik
-NetworkIdeas.org Following its $1.9 trillion Covid-relief package, the Biden administration has further announced an infrastructure package of $2.3 trillion. But in contrast to the former which is to be spent within months, the latter is to be spent over an eight-year period. And this package in turn is to be followed by a “human infrastructure” package. All this adds up to a massive stimulus for the economy as well as a...
More »Control over family wealth among Meghalaya women increases political activity, study finds -Rachel Brule and Nikhar Gaikwad
-ThePrint.in Researchers from Boston and Columbia universities studied Meghalaya's matrilineal tribes to find that women are more politically active than men when wealth passes from mother to daughter. In most societies around the world, women participate in politics at lower rates than men. Research shows that women also have a distinct set of economic policy preferences, prioritising government-led taxation and Redistribution of wealth more than men. Scholars have long debated whether cultural...
More »Rise of shadow entrepreneurship -Chirantan Chatterjee
-The Hindu Without regulation, the situation could spiral out of control Recently, a professor at a business school allegedly misused his faculty position to provide fake certificates to students whom he had compelled to attend an online course that he taught. He essentially took advantage of India’s rising pre-pandemic gig economy in education. When authorities at the institution discovered the racket, they suspended him. This is a cautionary tale for the global...
More »Govt should next focus on well-being of the child from womb to first five years -Abhishek Anand , Vikas Dimble and Arvind Subramanian
-The Indian Express India continues to be successful in preventing child deaths, but the health and nutrition of the surviving, living child has deteriorated, somewhat worryingly. The recently released fifth round of the National Family Health Survey (NFHS-5) provides new and reliable evidence to assess some dimensions of micro-development performance before COVID struck. The survey covers health, nutrition (of mother and child) and the overall quality of lives. In a recent piece on...
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