Showing posts with label GDP. Show all posts
Showing posts with label GDP. Show all posts
Saturday, 6 July 2019

Growth focused economy is unsustainable

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Most world leaders seem to believe that economic growth is a panacea for many of society’s problems. There are many links between our socie...
Sunday, 14 April 2019

Poverty is not an original state

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Most wealthy people believe that poor people today have it 'easy' because they can get government benefits without doing anything i...
Sunday, 15 July 2018

Economic freedom, informal economy, ethics and corruption

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  Austrian-British economist Frederick Hayek foresaw more  than 60 years ago, economic freedom  is required in all aspects of econom...
Monday, 9 July 2018

Income tax reduction doesn't impact economic growth

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No one likes to pay taxes, particularly more taxes. Discussions about tax rates rouse emotions as discussions about where those taxes a...
Friday, 23 February 2018

Dissenting Diagnosis: private medical sector's hard truths

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Dr Arun Gadre and Dr Abhay Shukla, authors of the book Traditionally, doctors have enjoyed great social prestige and the gratitude...
Friday, 16 February 2018

Why do we need economic growth?

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Most things don’t grow forever. If a person grew at the same rate for his whole life, he’d become gigantic. Yet most economists are united ...
Thursday, 15 February 2018

Why the fuss about Fiscal Deficit?

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Budget deficit =      total expenditure – total receipts Revenue deficit =   revenue expenditure – revenue receipts Fiscal Deficit =  ...
Wednesday, 31 January 2018

Helicopter money

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The Bank of Japan is getting flak for not announcing it as part of its recent stimulus package. ‘Helicopter Money’ is an idea that is doing...
Sunday, 28 January 2018

70 lakhs jobs in 2017 - a blatant bluff

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Prof Pulak Ghosh and Dr Soumya Kanti Ghosh created a minor storm when they claimed that 70 lakh new ‘payroll’ jobs will be creat...
Monday, 25 December 2017

How much is enough?

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"How much is enough?" is a good question. Anyone involved in capitalism and markets will find this question uncomfortable. It is...
Friday, 8 December 2017

Development and poverty

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POVERTY Poverty is present everywhere. Manifestation of poverty is a challenge. Poverty and development are two sides to a coin.  Where t...
Sunday, 3 December 2017

Fortis charges over Rs 15 lakh to treat child with dengue

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  Every person, especially who is doling out lakhs of rupees to hospital, is entitled to know the details for all such payments pri...
Wednesday, 29 November 2017

Banks NPAs & Recapitalisation

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     Banks NPA's & NPA Ratios in June 2017 As in June 2017, Banks NPAs are Rs.829,338 crores and NPA ratio is any where ...