-Livemint.com Painful food inflation has stoked political unrest in many countries before and could do so again In order to understand the political and economic repercussions of Russia’s attack on Ukraine, analysts and economists have been concentrating on the rise of crude oil and natural gas prices, among other things. This isn’t surprising given that Russia is the world’s second largest exporter of oil and the largest exporter of natural gas. But...

-Deccan Herald Politicians may not agree with any data put out by non-government agencies but.. The word ‘data’ has Latin origins. As Jer Thorp writes in Living in Data: “It first appeared in the English language on loan from Latin, where it meant “a thing given, a gift delivered or sent”. In its early usage, the giver of data was the almighty god and hence, it carried a “particular strength of truth”.  Data...

-National Herald Hindi films have rarely had songs on inflation. But of the few that have, the 1974 flick Roti, Kapda aur Makaan and the 2010 release Peepli Live stand out. Roti, Kapda aur Makaan had the superhit song …bhaaki kuch bachcha to mehangai maar gayi (…whatever was left, inflation took it away). The Peepli Live song went like this, …sakhi saiyan to khub hi kamaat hain, mehangayi daiyan khaaye jaat hai (O,...

-Livemint.com In November, the American consumer price inflation (CPI) for urban consumers came in at 6.8%. The last time it was anywhere as high was nearly four decades back in June 1982, when it was 7.1%. It hadn’t even been a year since Mark David Chapman had killed John Lennon. Abba’s final performance and subsequent breakup, which went unannounced, was still a few months away. American and British pop and rock bands...

-Newslaundry.com Given that the issue is so political, all nuance has gone out of the window. A deepdive on what the demand actually means for the government and farmers. In her new book Cogs and Monsters—What Economics is and What It Should Be, the British economist Diane Coyle uses the word nuance thrice. She writes that “politics and nuance are strangers”. And that “the eye of the public is caught, by confident statements...