In recent months, Uttarakhand and Arunachal Pradesh have been in the news. In both states, elected Governments run by the Congress have been destabilized by the ruling party at the Centre, and then dismissed by complicit Governors. In both states, the Congress was able to get succour from the Courts, although how enduring their now restored [...]
The importance of the India International Centre (IIC) in New Delhi is gauged, in part, by the number of armed security men who pass through its portals. These come to accompany—and, one supposes, protect—the big shots, the fat cats, the Ministers and MP’s and Ambassadors and Generals who wish to be seen at a place located, [...]
"The United States is presiding at a general reorganization of the ways of living throughout the world." André Siegfried, speaking in 1932 This chapter takes as its point of departure an old essay by John Kenneth Galbraith—an essay so ancient and obscure that it might very well have been forgotten even by its prolific author. The [...]
The Berkeley Nobel Laureate George Akerlof once remarked of his fellow economists that if you showed them something that worked in practice, they would not be satisfied unless it was also seen to work in theory. This insight explains much about the dismal science, including why, as late as 1980, the M. I. T. economist Lester [...]