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...

SOMETIMES, TO accentuate the intransigence of the present, one must revisit the past. So first, a flashback. The year is 2006. An ordinary November evening in Delhi. A slow, halting voice breaks into your consciousness. “How shall I explain? It is not a punishment, but my bounden duty…” A haunting phrase in a haunting voice, made slow with pain yet magnetic in its moral force. “My bounden duty.” What could...

Ahead of next month's climate change negotiations in Copenhagen there's a lot of anger in India about the West's pressure on it to sign up to emissions cuts. The BBC's Sanjoy Majumder travelled to India's most industrialised state, Gujarat, to see at first hand some very effective - if homegrown - attempts at tapping renewable energy. In the middle of an open field, a man crouches over some cow dung and...

Breaking decades of silence over unjust social norms, widowed, abandoned and destitute women from different states in India came together at the national capital to launch the National Forum for Single Women's Rights to demand food, healthcare, employment and rights to property. It has been more than eight years since the January 2001 earthquake struck the Indian state of Gujarat, but Hansa Rathore still cannot quite shake off memories of...

If a country’s national income is rising, someone in the country must be getting richer. Unless income distribution is changing, all income classes must get richer at about the same pace. If a constant standard of living is defined to classify everyone below it as poor, then as incomes rise, the proportion of the poor so defined must shrink, eventually to zero. If income grows 5 per cent a year...