In their response to President Trump’s racist tweets telling them to “go back to where they came from,” the four female congressional representatives dubbed “The Squad” tried to shift the debate. Instead of battling over whether the tweets and the subsequent “Send…
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Opinion | India’s cautious adoption of behavioural economics
This year’s Economic Survey, India’s flagship economic policy vision document, contained an in-depth chapter on policymaking for “Homo sapiens, not Homo economicus”. This chapter’s purported rationale was to focus on how past policies have already leveraged insights from behavioural science,…
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Opinion | Why economics must go digital to remain relevant
One of the biggest concerns about today’s tech giants is their market power. At least outside China, Google, Facebook and Amazon dominate online search, social media and online retail, respectively. And yet economists have largely failed to address these concerns…
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Economics professor says babies sleep better if left to ‘cry it out’ by parents
An economic professor has advised parents to leave their babies to ‘cry it out’ at night. Emily Oster, 39, wrote in her new book Cribsheet that babies sleep better if they are trained from a young age. The mum-of-two has…
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Caste is bad in politics, not in economics: S Gurumurthy
NEW DELHI: RSS ideologue S Gurumurthyon Tuesday said caste in politics is bad, but as far as economics is concerned, caste has produced entrepreneurship prosperity. Launching a book ‘Caste as Social Capital’ authored by R Vaidyanathan, Gurumurthy said classless and casteless society is a beautiful imagination. “There…
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Oil slips from 2019 highs as economic concerns weigh
Oil prices eased from 2019 peaks on Friday as economic growth concerns weighed on sentiment, pausing a three-month rally driven by OPEC-led supply cuts and US sanctions against Iran and Venezuela. Brent crude oil futures were at $67.72 per barrel…
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