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Textbook titan who redefined economics by Michael M Weinstein

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...

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Science and the layman by SL Rao

Governments and people have to make choices about accepting new scientific developments into their daily lives. Many attribute high levels of objectivity and integrity to scientists, which is not true of many of them. Scientists have been known to manipulate results to their advantage. Scientific issues are often complex, there are differing views among scientists and the layman finds it difficult to decide which scientific course is harmful or beneficial....

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Privatisation of Judiciary! by K G Somasekharan Nair

The increase in the number of civil cases in a country is its social mascot, as it symbolises the abundance of law abiding civilised citizens accepting the authority of the judiciary to get their grievances redressed. Otherwise, they would have turned to self-retaliation or employed roughnecks, a usual practice in America and Britain enkindled by their criminal heritage, to enforce justice in their own way; hence all civil litigants may...

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India amongst world's most corrupt nations

India continues to be one of the most corrupt nations in the world with many of its public institutions given to rampant misdeeds. Corruption is India's bane and threatens to derail its rapidly growing economy. The country ranks a dismal 84th in a list of 180 countries, according to Transparency International's 2009 Corruption Perceptions Index, a measure of domestic and public sector corruption. The corruption watchdog says that many African,...

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New media platforms hold out big promise for newspapers to grow by G Ananthakrishnan

Using the mobile platform to expand audiences and connecting with readers using social media such as Twitter, Facebook and even custom-built tools are important methods for newspapers to grow, speakers at the annual Digital Media Round Table of WAN-IFRA, the global organisation of newspapers and news publishers, said here on Monday. Data from developed markets showed that the compounded annual growth rate for advertising on mobile phones was projected to be...

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