We always knew that gender-segregation of society, as is practised in most of traditional India, is deeply damaging. Writing in the New York Times, Adam Grant shows new insights on why men need women.
Are India's policy rates too low? by Niranjan Rajadhyaksha in Mint.
Atul Gawande in the New Yorker at his best: he has deep insights into how new ideas diffuse. In India, with GDP doubling every decade, we need for new ideas to come into every organisation at a hectic pace. The organisations which are more closed have become obsolete and have failed.
A public interest litigation to be imagined by Somasekhar Sundaresan in the Business Standard. Also see this post where I have an interesting comparison against the election commission.
The recent war on rupee depreciation has inflicted enormous damage. Read Devangshu Datta in the Business Standard, and Tamal Bandhyopadhyay in Mint and Sugata Ghosh in the Economic Times.
The Indian State suffers from basic blunders in the field of health: Too much spending on private goods and not enough spending on public goods. Gardiner Harris has a fascinating story in the New York Times about the detective stories in Indian epidemiology which require State attention. These are the public goods in the field of health.
Mobis Philipose on problems faced by exchanges.
Remya Nair reports on RBI and NBFCs. This should be seen in the context of the FSLRC recommendation on shifting NBFC regulation out of RBI.
When evil was a social system by Christopher Caldwell, in the New Republic.
While we have long heard skeptical views while China thundered ahead with high GDP growth, the problems today seem to be a bit worse than usual. See William Pesek, Paul Krugman and Brad Plumer interviewing Patrick Chovanec. In some sense, the market has known this for a long time. Over the last decade, Nifty has generated returns of 291% while the Dow Jones Shanghai Index gave only 62.6% despite faster Chinese GDP growth.
Take a glimpse into the life of Albert O. Hirschman and Christine Granville. They don't make people like this anymore.