-The Indian Express India's rentier capitalism is an inset in the big picture drawn by Thomas Piketty French economist Thomas Piketty has written a scholarly tome with the humdrum title, Capital in the 21st Century. The book has become an overnight sensation because Piketty documents an inherent tendency for ever-increasing inequality of income and wealth in capitalist economic systems. It is not an accident, he says, that many will be left behind...
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Defending India’s patent law-Prabha Sridevan
-The Hindu No one can attack India's well-founded Intellectual Property regime as being weak merely because a drug that is claimed to be an invention fails the test of law India and its intellectual property (IP) laws have been the subject of sharp criticism recently. Now, there is talk of the government invoking emergency provisions with regard to Dasatinib, a cancer drug. The decibel level may go up several notches. Let us look...
More »Economist Thomas Piketty, professor at the Paris School of Economics interviewed by Subodh Varma
-The Times of India Is wealth trickling up instead of down? Yes, says rockstar economist Thomas Piketty whose new book proposing a wealth tax on the super rich has sparked off a firestorm. Excerpts from an exclusive interview... His book Capital in the Twenty-First Century has put the spotlight on Thomas Piketty, transforming the Paris School of Economics professor to global superstar. In these troubled times, he highlights a troubling issue:...
More »Cash crop craze kills farmers
-NewsMobile.in Suicide rates in India are among the highest in the world. With 187,000 suicides per year, one-fifth of all global suicides occur in India. Farmer suicides are often reported in the media and are subject to a great deal of political debate. A recent study by the London School of Hygiene and Tropical Medicine indicated farmer suicides might be disproportionate to the population as whole, reporting rural suicide rates were twice...
More »Little or no association between economic growth and child nutrition
It seems that a long-drawn-out battle among economists about economic growth trickling down into development has found some solid answer. A recent paper published in the Lancet Global Health journal (April, 2014), which has been jointly written by a team of experts based on evidence from 121 Demographic and Health Surveys from 36 low-income and middle-income countries shows that there exists little or no association between increases in per capita...
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