Taming the Beast

Guest post by Meghna Yadav Every April Fools Day, the administrators at Reddit come up with a social experiment, a game designed to be played by the members of their 9 million strong community. 2017 saw ‘The Place’, a (999,999 x 999,999) pixel board, where you were given a 16-color palette and could put a…

On Letting Go: Centralization vs Information Aggregation

By Aarushi Kalra मैं भी मुँह में ज़बान रखता हूँ  काश पूछो कि मुद्दआ क्या है   I too have in my keeping a tongue, a mouth Only if you asked what the matter is -Mirza Ghalib   Set the stage: a round table and three chairs. Enter: Minister, Economist and Bureaucrat (The words “well-meaning” stamped…

Analysis without Borders: Punjab Education Policy

By Kriti In the early 2000s, Pakistan was facing severe challenges in terms of access and quality of education. Pakistan Education Act II was passed in 2004 with increased focus on promotion of education, especially in terms of encouraging and supporting the efforts of the private sector in providing education to the poor, through public…

Calling a Spade a Shovel: Of Experiments with Prevarication

Aarushi Kalra and Naman Garg  explain why the conclusions of the latest MNREGA-bashing study may be suspect. This article featured on The Wire on the 18th of March,2017 and is being published on this blog with the consent of the authors.  The Mahatma Gandhi National Rural Employment Guarantee Act (MMNREGA) and its impact on the various…

आसानी की दुश्वारी

द्वारा सत्यम कुमार  यह विज्ञापन 10 मार्च को ‘द हिन्दू’ अखबार में प्रकाशित हुआ था।वैसे तो यह एक आम विज्ञापन ही है,जिसमें सरकार अपने द्वारा किये गए प्रगतिशील कार्यों का उल्लेख कर रही है और मीडिया के माध्यम से इसे जनता तक पहुँचाने का प्रयास कर रही है। इसे ध्यानपूर्वक पढ़ें तो इसमें दो-तीन गौर…

Will Fintech replace banks as an indispensable intermediary?

In the aftermath of demonetisation, Aakriti Chowdary writes about financial technology companies, their newly gained prominence and the road ahead for fintech companies and traditional banking services. Digitisation acquainted the world with ease, Internet made the world befriend convenience and together, the world is on its route to rendering brick and mortar obsolete. The journey…

Undecided or over-responsive?

compiled by Aarushi Kalra A whole range of metaphors have been employed to describe the indecisiveness (or over-responsiveness) of the RBI since the fateful night of November 8, 2016. Not only has this rendered the RBI as the new laughing stock in town, but has raised some very serious questions on the reputation, transparency and…

UNIVERSAL BASIC INCOME: AN IDEA WHOSE TIME HAS COME?

By Rijima Rishi With large scale mechanisation of production and increased use of labour-substituting technology, the fear of automation induced unemployment seems to be real, at least in the developed world. Machines are largely taking over nearly all aspects of human life and are successfully fulfilling all human needs. The role of human intervention is…

All the World’s a Stage

By Satyam Kumar, Amritanshu Patnaik, Ujjavala Bhotra, Aarushi Kalra The name Gita Gopinath holds special reverence in the hearts of most students at the Delhi School. Listed as one of the most influential Economists by the IMF, she was recently appointed as the as the Financial Adviser to the Chief Minister of Kerala in a…

The State Divine: Democracy and Rational Discourse Today

Guest Post by Kanav Gupta As happens in the times of cholera, art and intellect flourish with an insight and sense of urgency that they might not in times of relative stasis. The basic reason for this is the undeferrable need to face the adversity, its conditions and affects: to resist and oppose them, and…

Don’t Panic!

By Pranav Mimani On November 8, in an urgent move, Prime Minister Narendra Modi announced the ‘Demonetisation’ of Rs. 500 and Rs. 1000 currency notes. The swiftness of execution was such that these currency bills were effectively rendered useless within a couple of hours of the announcement. The reasoning behind such a move has been…

Unpacking The Nobel

By Satyam Kumar The Nobel Prize in economics is a controversy in itself. Economics is, possibly, the only field where two people could share the same prize for saying exactly the opposite things. Nobel Prize in the field of economics is not a part of the original family of Nobel prizes. In 1968, Sveriges Riksbank (Sweden’s…