Paul Samuelson was very much a proselytizer of Keynesian economics. But he added some elegant maths to what came to be known as the Hicks-Hansen Keynesian model.
After studying the Great Depression, Keynes concluded that in times of huge economic stress, the government should become the spender of the last resort.
There are many scary scenarios about how badly we Indians may be affected or how many killed by Covid-19. But they presume we will do nothing to influence our fates.
Bengalis are hurt over a statement by the Delhi police calling Bangla a ‘Bangladeshi language’ and the lines Azad sang have unwittingly become protest music in Kolkata now.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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