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...

The increase in the number of civil cases in a country is its social mascot, as it symbolises the abundance of law abiding civilised citizens accepting the authority of the judiciary to get their grievances redressed. Otherwise, they would have turned to self-retaliation or employed roughnecks, a usual practice in America and Britain enkindled by their criminal heritage, to enforce justice in their own way; hence all civil litigants may...

The declaration of assets by Supreme Court judges recently is a belated step in the right direction. By challenging the direction of the Central Information Commission in the high court, and then appealing against its decision, the Chief Justice of India (CJI) gave an impression that instead of being a paladin of impartiality and transparency, he was more interested in protecting his peers. This voluntary move appears to have been...

The G8 countries have promised to increase the spending on agricultural development by $20 billion over the next three years. The amount is woefully less than the $44 billion that will be needed each year to end malnutrition.  At the world leaders’ meeting in Copenhagen, it is imperative that governments pledge to adopt up-to-date technologies to boost food production as well as outweigh the negative impacts of climate change. A...

Worthies such as Ratan Tata who have been lobbying the government to go easy on Union Carbide Corporation (http://www.indiaenvironmentportal.org.in/files/5_27.pdf) would do well to read Carbide’s useful FAQs on the 25th anniversary of the Bhopal gas tragedy, which claimed over 10,000 lives. Worse, over 5 lakh humans, including those born after the disaster, are still suffering the consequences of the gas leak. Even now, Carbide refuses to accept any kind of...