Since early November, Delhi and large parts of North India have been enveloped in a thick, grey smog, sparking concerns and a debate on what is leading to the rising levels of air pollution. A January 2012 paper by Ridhima Gupta from the Indian Statistical Institute, Delhi is drawing linkages between the quality of air in the capital and agricultural practices during harvest season on farms in the neighbouring state...
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Joseph E Stiglitz, Nobel laureate interviewed by Pranay Sharma
-Outlook Nobel laureate Joseph E. Stiglitz is one of the world’s leading economists. A former chief economist at the World Bank and currently University Professor at the Columbia Business School, he was recently in India to attend an international conference on development and to promote his new book, The Price of Inequality. He spoke to Pranay Sharma about growing inequality in the world and the challenges facing India. Excerpts: * Your coinage,...
More »For richer, for poorer-Zanny Minton Beddoes
-The Economist Growing inequality is one of the biggest social, economic and political challenges of our time. But it is not inevitable, says Zanny Minton Beddoes IN 1889, AT the height of America’s first Gilded Age, George Vanderbilt II, grandson of the original railway magnate, set out to build a country estate in the Blue Ridge mountains of North Carolina. He hired the most prominent architect of the time, toured the chateaux...
More »True Progressivism
-The Economist A new form of radical centrist politics is needed to tackle inequality without hurting economic growth BY THE end of the 19th century, the first age of globalisation and a spate of new inventions had transformed the world economy. But the “Gilded Age” was also a famously unequal one, with America’s robber barons and Europe’s “Downton Abbey” classes amassing huge wealth: the concept of “conspicuous consumption” dates back to 1899....
More »There is no ‘foreign hand’-Amita Baviskar
-The Indian Express Conspiracy theories are a handy standby when one wants to avoid the effort of critical thinking. So Tavleen Singh would rather rely on “the foreign hand” — that old bogey out of Indira Gandhi’s box of tricks — than examine facts that reveal uncomfortable truths. Lamenting the closure of the Vedanta aluminium refinery at Lanjigarh, Orissa (‘Why India could remain forever’, IE, September 30), Singh asserts that, if...
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