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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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Rolling out the changes

Manufacturers are using chemical additives to make greener tyres JOHN DUNLOP had a son who complained that his bicycle was bumpy to ride. So he invented the pneumatic tyre in 1888. Various improvements have been made since then. In particular, Pirelli, an Italian tyremaker, introduced steel-belted radial tyres in 1973. These reduced the fuel consumption of cars fitted with them. Now manufacturers are trying to develop tyres that reduce that consumption...

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Rubber-stamp Authority

Chhattisgarh announced a proposed investment of more than Rs 1,77,000 crore in the state. Until October 2008, it had signed over a hundred mous with companies like Jindals, Tata Steel and Essar. After a couple of months of this announcement, a bureaucrat heading the state environment regulatory body resigned. “Development is the preferred option, provided the carrying capacity is available. There cannot be a trade-off at the cost of the health...

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Managing Disasters and Displacement by SG Vombatkere

The article presents the political and economic impacts of various kinds of natural and man-made disasters and associated displacement of populations, and argues for a wider and more inclusive definition of disasters in the interest of human rights, social justice and equity for the victims of disasters. Legislation, Disasters and People Numerous disasters at national and international levels have caused governments to recognise the need for rapid and effective response to provide...

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From Enclave to Empire by Sukanta Chaudhuri

Bhaskar Dutta’s recent article on this page confirms the new trends in educational planning since Kapil Sibal took charge. Action on the education front is long overdue, but it should not pre-empt ample debate. Such debate has barely got off the ground: Dutta’s article is a valuable contribution. We lament that with sadly few exceptions, our higher education system does not reach international standards. Most of our young talent goes...

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