While the Indian Economy is yet to break free from the shackles of the ghost of central planning largely conceived by the brilliant Prof P C Mahanalobis, the institute he founded, the prestigious Indian Statistical Institute, has been forced to sent its masters and Ph.D students home due to the apparently overwhelming presence of a ghost.
“Guess what the students at the Delhi centre of Indian Statistical Institute (ISI) up to these days? Not cracking complicated problems through game theory or laws of probability. They are visiting temples and investigating the paranormal.” Read the full story here
The opinions expressed in this essay are those of the authors. They do not purport to reflect the opinions or views of CCS.