The Indian Economy Blog

Archive for January, 2009

Can We Trust Economists?

Saturday, January 17th, 2009

How does one differentiate between facts-based analysis and personal opinions? Uwe Reinhardt, an economics professor at Princeton says Matters are worse when, wittingly or unwittingly, economists infuse their analysis with their own (or a political client’s) preferred ideology. Consider, for example, President Bill Clinton’s 1993-94 health-reform plan. In this plan, President Clinton proposed a mandate [...]

Et Tu, Gurcharan?

Saturday, January 10th, 2009

Old Jungle Saying: “If you see India and China in the same article, it’s time to run for cover :-)” The entire China vs India debate is so overdone and (mostly) futile. Unfortunately, it seems to elicit the most number of comments on IEB – largely bakwaas, unfortunately – which we have to perforce edit [...]

Yeh Kya Ho Rahaan Hai?

Wednesday, January 7th, 2009

@**&#!! (!*!)!##! And, in addition, dazed and confused :-) Here is the full text of Satyam CEO Ramalinga Raju’s resignation letter Reactions/ comments?

A Real Estate Triggered ‘Stimulus’ Idea

Sunday, January 4th, 2009

IEB reader Durgesh Prasad, sent in this idea, via email to some of the IEB contributors. In today’s slow economy, where government is trying its best to keep the real estate market rolling and attracting investors to invest in real estate market in order to keep market live, I had an idea through which it [...]

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