Political Economy

Rahul Gandhi and the seductive appeal of 'feel-good economics'

The economic philosophy that Rahul Gandhi outlined represents an unwillingness or incapacity to learn from the fact that these are ideas that have consistently failed in the past.

China's end-game: Dark side of a great deleveraging

The credit-fuelled China's economy is so overleveraged that a great deleveraging is the only way out. The pyramid of credit is cracking and will collapse as the underlying economy is withering.

Underachiever? In fact, Manmohan has excelled himself

Time magazine's characterisation of Manmohan Singh as an 'underachiever' is flawed. The man has risen way above the station in life that he was fated for.

Will Rahul say 'Mere Paas Ma Hai'? Or will PM have his way?

India's econmic future depends on whether Manmohan Singh resists Sonia's efforts to use the exchequer to get her son the top job in 2014.

India Sinking: Industry chokes on govt's 'kiss of death'

Industrial sectors that depend on governmental policy are withering; those that have managed to stay reasonably out of reach of red tape are doing relatively better.

There's a banana peel to trip up every form of capitalism

Some of us derived vicarious pleasure when the US and European economies went into a skid. But no one is really immune. Today's world is a riot of slipping economic models.

Sonia's reckless food security largesse could bust the bank

The Food Security Bill is badly conceived, poorly timed - and could prove economically ruinous. It betrays a regressive mentality that sees the government as a charitable organisation.

Want to ace the markets in 2012? Know your politics!

Some 12 countries, accounting for 50 percent of the world's economy, will see leadership transitions in 2012. More than in any recent year, politics will drive the markets.

How seriously should we take Roubini's doomsday predictions?

Prophets of Economic Doom have it rough. Even if their prediction about the biggest recession in a generation has been proved right, there are sceptics tilting at them and not heeding their warnings.

Letter to govt meant to pressurise action, says Godrej

Godrej said that unlike the first letter, written in January, the purpose of writing this time was to bring transparency in government proceedings and move forward on tackling corruption.