The Big Squeeze
Turkmenistan’s “President for Life” Saparmurat Niyazov erected a 50-ft gold-plated statue of himself in the centre of the capital Ashgabat, eight years before he gave…
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RESERVE BANK-Money to Burn
Of all the functions of the Reserve Bank of India (RBI), there is one routine task crucial to the health of the economy: incinerating the…
Scrabbling Away From the Abyss
Nitish Kumar’s victory in last month’s Bihar election celebrates the triumph of economics over feudalism, but the climb out of poverty will be steep and…
TOO BIG TO FAIL
Independence Day is a good excuse for some economic chest-thumping. We should be proud that lndia is a free-enterprise democracy. Imagine the world’s burden if…