
Economics And Policy

At 7 AM, a construction worker in Delhi checks his phone. The air outside is hazardous, but the bigger question is whether he

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Crops, Machines and Credit Scores
Does debt relief in India depend on what you can pay, or on who you are? Imagine three people who cannot repay their

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Rainbow Economy: The Queer Community’s Power Over The Indian Economy
An estimated 140 million people in India identify as LGBTQ+, a population size that exceeds that of major global nations, yet whose basic

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The ₹5 Trap: Do Micropacks Democratise Consumption or Deepen the Poverty Premium?
What is the price of not having ₹150? At the local kirana store, the answer may come in a ₹5 packet. A larger

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The sky is pink, or are we wearing rose-coloured glasses?
It feels like anything today can be contrasted with the economic state of the past, focusing on how everything was “more affordable” and

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When Competition Ceases to Be Competitive
The presence of choice does not equal the ability to make one. There can be lots of different brands available in a market,

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Why the costliest choice the poor make is to leave their poverty behind?
Throughout the evolution of the human race, we have found ourselves repeatedly confronted by paradoxes. We build walls to protect ourselves, only to

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Off the Books
“25 din mein paisa double” Oftentimes, individuals who trade in the stock market have one objective: to earn large amounts of money overnight.

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Internationalisation of the Rupee with Selective Liberalisation of the Capital Accounts
Introduction Conventional monetary economics holds a firm sequencing logic, i.e, a currency can only achieve international status after its home economy liberalises the

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The Invisible Ledger: How Gender Became An Economic Variable
“The history of men’s opposition to women’s emancipation is more interesting perhaps than the story of that emancipation itself.” – Virginia Woolf, A

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Fires in the Fashion Industry
Fast Fashion At least 80 billion garments are produced globally every year. That is ten times the population of the world. The culprit?

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The Wealth Tax Question: A Good Idea That Keeps Going Wrong
Every few years, a version of the same idea resurfaces in political debate: if governments simply taxed the wealth of the very rich,

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The Cost of the Legal Drinking Age
Each year, state governments in the country collect lakhs of crores in excise revenue from alcohol. In FY 2023-24, Uttar Pradesh collected 36,600

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Same Shock, Different Choices: Why Germany Pulled Ahead of France
Abstract This article studies the political, structural and economic behaviour of two of the largest economies under the European Union, and highlights how

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The Dark Sides of the State Lottery
In today’s financial world, there exist very few systems that seem as harmless and yet operate as subtly and powerfully as the State

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Echoes of Protectionism: Revisiting Interwar Isolationism in Today’s Trade Wars
The United States’ recent tariff policies have unleashed a volley of opinions across the international community at large. This article aims to establish

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Luck as a Vice: The Economics of Lotteries and Gambling Applications
Introduction The chance of winning is 1 in a million, yet the agents selling lottery tickets are crowded every evening. The Indian lottery
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India’s Productivity Conundrum: The Economic Costs of Lucrative Government Jobs
Introduction Preparation is an omnipresent part of the human experience. Some prepare for marriage, some for retirement, and some for the farming season.
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India’s Road Safety Deficit: Counting the Cost of Poor Licensing
Introduction India currently has one of the highest rates of road accidents in the world, with around 1.8 lakh casualties in the year

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Pol’ and Pol’ – Study on Geopolitics and Policies
“Few modern ideologies are as whimsically all-encompassing, as romantically obscure, as intellectually sloppy, and as likely to start a third world war as