क्यों अपराधी जीत जाते हैं, उदारवादी नहीं?

जब भी चुनाव आते हैं तो मैं यह सोचकर हताश हो जाता हूं कि हम सच्चे, स्वतंत्र और सुधार चाहने वाले उदार नागरिकों की बजाय फिर अपराधियों, लुभावने नारों वाले भ्रष्टों और राजनीति क वंश के सदस्यों को चुन लेंगे। इस बार तमिलनाडु में शशिकला और अमेरिका में डोनाल्ड ट्रम्प की धक्कादायक जीत साफ-सुथरे उदारवादियों की नाकामी को रेखांकित करती है।

Why classic liberals don’t win elections, and populists do

We are in the midst of another election season in India, and each time a poll rolls around, I get depressed at the thought that we are about to elect criminals, corrupt populists, and members of political dynasties rather than upright, independent, reform-minded liberals.

The Budget will tell if aspirational Modi is now a populist Modi

The question on our minds is: has the Prime Minister changed? Is Narendra Modi turning populist? We shall have the answer on Wednesday when the finance minister presents the Budget. The nation elected Mr Modi on an aspirational platform of creating jobs, containing inflation, and stopping corruption. Indeed, in the first half of his term, he has pursued responsible policies to meet these goals. As a result, the economy has turned around; inflation has been licked; fiscal indicators are healthy.

As stagnant West gets meaner, rising India spells hope but there’s a big if

2016 was a dreadful year and it is a relief that it's over. The values I cherish most took a profound battering. As a classic liberal, I want equal rights for all; I reject racial and caste discrimination; I revere religious freedom; I seek a free economy based on competition; and I uphold dissent. These beliefs have been undermined by Donald Trump's election in America, Britain's exit from Europe, and rising racism, intolerance and nationalism in the world, including in India where Narendra Modi has made his first big mistake with ill-considered notebandi.

કાળું નાણું આ રીતે પણ બહાર લાવી શકાય

નોટબંધીનાં ત્રણ અઠવાડિયાં પછી સામાન્ય માણસની જિંદગીમાં તકલીફો, આર્થિક ગતિવિધિઓમાં સુસ્તી અને અનેક ક્ષેત્રોમાં નોકરીઓ જવાના સમાચારો આવવા લાગ્યા છે. આગામી  બે ત્રિમાસિક ગાળામાં અર્થતંત્ર બે ટકા જેટલું સંકોચાશે - રાષ્ટ્રીય સંપત્તિનું આ ખૂબ મોટું નુકસાન છે, પરંતુ હવે પીછેહઠ કરવાની કોઈ ગુંજાશ નથી. ચાલો, જોઈએ કે નરેન્દ્ર મોદી નોટનાબૂદી સિવાય કેવી રીતે કાળાં નાણાંવાળાના ભ્રષ્ટાચારના સ્રોત નાબૂદી કરી શકે છે.

नोटबंदी को बचाकर ऐसे निकालें कालाधन

नोटबंदी के तीन हफ्ते बाद आम आदमी की जिंदगी में तकलीफ, आर्थिक गतिविधियों में सुस्ती और कई क्षेत्रों में नौकरियां जाने की खबरें दिखने लगी हैं। अगली दो तिमाही में अर्थव्यवस्था दो प्रतिशत अंक से सिकुड़ जाएगी- राष्ट्रीय संपदा का यह बहुत बड़ा नुकसान है। लेकिन अब पीछे हटने की कोई गुंजाइश नहीं है। आइए, देखें कि नरेंद्र मोदी नोटबंदी को बचाकर कैसे कालेधन वाले भ्रष्टाचार के स्रोत खत्म कर सकते हैं।

Ten ways to save demonetisation and stop the economy from choking

After almost three weeks of demonetisation, there is visible pain in the lives of ordinary people, a noticeable slowdown in economic activity, and reports of job losses in many sectors. The economy may contract by as much as two percentage points over the next two quarters — a colossal loss in national wealth. However, there can be no rollback. The gains from a cleaner, whiter economy are far bigger in the long run. Here’s how Narendra Modi can save demonetisation.

When netas see votes in clean air, they’ll cut through the smog

Two apparently unrelated events occured in Delhi in the past few days. In the first, Narendra Modi made a tough, risky move — one of the riskiest in his career — against the long-festering problem of black money. In the second, Arvind Kejriwal was seen floundering as he tried to cope with Delhi’s foul air. What connects the two events is the stark contrast between the decisive action in the case of black money and a sense of helplessness in response to pollution.

Beyond the control of scions in India’s family businesses

Indians have a saying that captures the tendency of family businesses to decline over generations: “The life of a business house is 60 years.” This phenomenon was portrayed by the German writer Thomas Mann in Buddenbrooks, his novel about a wealthy merchant family in the city of Lübeck whose business disintegrates as the children lose an appetite for making money. Until now, the 148-year-old Tata Group has defied this rule.

The Dharmic Economy

The road to sustainable markets

THE IDEA THAT an ancient Indian concept, dharma, might offer insight into the nature of the competitive market is, on the face of it, bizarre. But this is precisely what I intend to show in this essay. Dharma is a difficult word to translate into English. Duty, goodness, justice, law, and religion have something to do with it, but they all fall short. For our purposes, however, think of dharma as doing the right thing, both in private and public life.