In his engaging book on a love affair between a Hyderabadi princess and an Englishman in the 18th century, William Dalrymple reminds us that “the road from Hyderabad to the port of Masulipatam was one of the most beautiful in the Deccan”. In unearthing this fact from travelogues of the time, Dalrymple draws attention not just to the wealth of Hyderabad, inherited from the richest kingdom of the Deccan, Golconda,...

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...

CAMBRIDGE (Massachusetts): Economist Paul A. Samuelson, a Nobel laureate and winner of the National Medal of Science, has died. He was 94. The Massachusetts Institute of Technology, where Mr. Samuelson taught, said he died on Sunday at his home in Belmont, Massachusetts. Mr. Samuelson was one of the leading economists of the 20th century and served as an adviser to Presidents John F. Kennedy and Lyndon B. Johnson. He won...

The Copenhagen summit on global warming and climate change has commenced. Instead of a leadership role, we will now be playing a followers’ role. We fell behind the emerging consensus curve. We held on for too long to outmoded positions of merely harping on per capita emission and common-differentiated obligation while disregarding many other significant factors. The recent decision of China, announcing a 40 per cent cut in its energy...

In energy infrastructure alone, the transformational ambitions the Copenhagen meet is expected to set will cost more than $10 trillion in additional investment.  If negotiators reach an accord at the climate talks in Copenhagen it will entail profound shifts in energy production, dislocations in how and where people live, sweeping changes in agriculture and forestry and the creation of complex new markets in global warming pollution credits. So what is...