The other day, while I was walking down to the gym to get my membership renewed, I noticed many different kinds of people—when I say different kinds I mean with respect to shapes and sizes. This got me thinking—India has a population of near 1.25 billion and Delhi alone has close to 16 million. Yet […]

The Times of India report Private schools are not adding value is based on a study done in Andhra Pradesh. It claims that the study was done by the Azim Premji Foundation. Now Professor Karthik Muralidharan has also written about a School Choice Study in Andhra Pradesh. Karthik published a summary of the study in […]

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on 17 February 2015

Minimum Wage: Is this really a policy that benefits the poor? Or are there unintended consequences, something unseen that this policy is causing? I was 14 when I first came across this concept, and saw the negative impact of minimum wage. While walking home from school, I witnessed a labour union screaming at the top […]

Christopher Lingle gave a talk at CCS Chintan on 19 January 2015. He is Visiting Professor of Economics at the Universidad Francisco Marroquín in Guatemala, and his research interests are specifically political economy and international economics. Prof Lingle explored the concept of sound money and why we need it, in the process highlighting how central banks, which […]

In my previous article, I discussed some basic concepts related to Interest Rates. Now, I thought it’s a good idea to look at what impact does artificial lowering of Interest Rates has on savings in general and why it is relevant to understand this. To begin with, let’s try and define what savings are in […]

This is real life story of the family of Ramchander, or Ramchandara, as he is called by his friends and acquaintances. Ramchandara is one of the “below below average” IQ person, with almost no skills. He earlier used to make a living working as a daily unskilled labourer to support his family of five – […]

Early in my schooldays I was taught that 14 November is ‘Children’s Day’ – the birth day of India’s first and the longest serving Prime Minister Jawaharlal Nehru, who was known for his passion for the welfare, education and development of children and young people. There used to be biographical sketches in textbooks and essay […]

For the past two weeks or so, there have been increasing number of voices in the government, industry and media suggesting that we need rate cuts by the RBI aka lower interest rates in the upcoming December 2014 announcement. The reason sighted in general for this are – lower bank credit off take, cooling food prices, […]

It is with a very heavy heart that we share with you the sad news of passing away of Sauvik Chakraverti, our good friend and ex-colleague. Sauvik was one of the most unabashed champions of individual freedom and free markets, and the fiercest critic of state intervention that I have ever met. Sauvik passed away […]

We have had a long track record of bad experiences when it comes to the government’s ability to deliver basic services to citizen. While it is important for governments to ensure ‘Equity’ which means it cannot shirk its responsibility of delivering services to citizens without discrimination; it is equally important for government to improve ‘Efficiency’, […]