UNLESS THE prices of vegetables skyrocket and become a scandal — as they have over several weeks now, or as did the price of sugar last year — little in the out-of-sight world of Indian agriculture excites the imagination of the city folks, who influence, rather disproportionately, everything from government policies to newspaper content. Few of those who enjoy a hearty meal and wax lovingly on their favourite dishes can...

The drowning Sundarbans, receding Gangotri, excessive and untimely rain in Maharashtra and unprecedented droughts in Madhya Pradesh. Seen in isolation, these events may seem like random coincidences. Put it all together and the story that emerges is of an impending catastrophe. As mankind raced towards industrial and consumption driven development goals, the concept of sustainability got lost somewhere along the way. While we, the common people, might think that climate change...

Borrowing was both the shaky foundation of global growth and the cause of its collapse. It started with a bust and it ended with an even bigger bust. In between was sandwiched an unsustainable boom. Banks have been humbled. Economists have been found wanting. Geopolitical power began to shift from west to east. That was the noughties that was. It barely seems five minutes ago that policymakers were fretting about the...

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...

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...