(Photo: Getty Images) PHOTOGRAPHS HAVE GONE viral on social media of a sweetmeat shop near Alwar in Rajasthan and a meat shop in Assam accepting Pi coins for their goods. So have selfies from a meeting of the so-called “Pi Community” in Delhi and a colourful celebration in the city by a few Pi enthusiasts … Continue reading Life of Pi: Decoding the buzz around Pi Network, the cryptocurrency adopted by 35 million people across 230 countries and regions, ahead of its public launch
‘Cultures where people share more about themselves will be slow in switching’
Dan Ariely (Courtesy: Wikipedia) Noted behavioural economist Dan Ariely on WhatsApp users fleeing to Signal and Telegram COMMENTING about the frenzy among a section of messaging-app users to shift from WhatsApp to rivals such as Signal and Telegram, celebrated author and behavioural economist Dan Ariely says that switching from one platform to another is easier said than … Continue reading ‘Cultures where people share more about themselves will be slow in switching’
Not only is wealth inequality rising, but the consequences of wealth inequality are also growing: Nobel laureate and Covid-19 survivor Alvin Roth
Alvin E Roth Nobel Prize winning economist Alvin E Roth was down with COVID-19 last month before he recovered and started teaching again at Stanford University where he is the Craig and Susan McCaw Professor of Economics. An author of several best-selling books, including Who Gets What — And Why, Roth is a specialist in multiple fields … Continue reading Not only is wealth inequality rising, but the consequences of wealth inequality are also growing: Nobel laureate and Covid-19 survivor Alvin Roth
Calendar Crisis: Does the Number of Days an NRI Resides in India Matter?
A TAX-FREE SALARY IS THE BIGGEST attraction of working in several Gulf countries, which is why year after year, legions of Indians head to these small, hot, arid countries in search of jobs despite many having to leave families back home due to stringent visa rules. The latest Budget almost dashed the hope of uncut … Continue reading Calendar Crisis: Does the Number of Days an NRI Resides in India Matter?
Economics Nobel for Kolkata Boy, Alumnus of JNU, Presidency College
Indian-origin, Mumbai-born economist Abhijit Banerjee has won this year’s Nobel Memorial Prize in Economic Sciences for his work in alleviating poverty, making him the second Indian after Amartya Sen to receive the honour. An authority on global poverty, Abhijit Banerjee carried out his research emphasising the human condition in his home country, and in the … Continue reading Economics Nobel for Kolkata Boy, Alumnus of JNU, Presidency College
Gita Gopinath: The New Chief Economist of the International Monetary Fund
FORMER FEDERAL RESERVE Chairman Ben Bernanke, known to be economical with praise, speaks of Gita Gopinath as “one of the strongest and most promising students I ever worked with”. Gopinath, who has several firsts to her credit, did her PhD at Princeton under the guidance of Ben Bernanke and Kenneth Rogoff, a former IMF economist … Continue reading Gita Gopinath: The New Chief Economist of the International Monetary Fund
Arvind Panagariya: Farewell, Professor
FOR MORE THAN a year in the run-up to the 2014 General Election, Arvind Panagariya had played a pivotal role in hardselling the Narendra Modi brand of ‘economics’ and reviving a debate over the Gujarat- versus-Kerala models. Along with his mentor, the trade economist Jagdish Bhagwati, Panagariya also locked horns with Nobel laureate Amartya Sen … Continue reading Arvind Panagariya: Farewell, Professor
Book review: The Undoing Project
The Undoing Project: A Friendship that Changed the World | Michael Lewis | Allen Lane | 362 Pages | Rs 799 MAN IS A RATIONAL animal. At least that is what we all learnt in school. It sets us apart from the rest of the animal kingdom. How wrong that was. We did unlearn, over … Continue reading Book review: The Undoing Project