Victory for Students and Access to Knowledge in DU Copyright Case

Guest Post by Association of Students’ for Equitable Access to Knowledge (ASEAK) In a rare and incredible order, the Delhi High Court has dismissed the copyright infringement case filed by Oxford University Press, Cambridge University Press and Taylor and Francis (Routledge) against Rameshwari Photocopy Shop in Delhi School of Economics and Delhi University. Justice R.S…

MACHINE AGE 3.0: The Parabolic Rise of Automation

Post by Amritanshu Patnaik A highlight from earlier this year was AlphaGo, Google’s artificial intelligence (henceforth AI) program developed in collaboration with DeepMind to play the ancient Chinese board game of Go. Go, as defined by an enthusiast, could be thought of as “super ultra mega chess”, a game so famously complex that the possible…

LET’S TALK GST

Post by Sonal Jiandani GST, the Goods and Services Tax, has been hottest of the hot potato for the past few weeks. Despite the much brouhaha around, what is referred to as the 122nd amendment to the Indian Constitution, few have been able to understand the term, and fewer still have been able to wrap their…

Intolerance Towards Aswachchh Bharat

Guest post by Anshuman Kamila.  Economists have a knack for modelling everything. Keeping up with the tradition, I would like to put forth a simple model, in context of a recent, heavily publicized, and somewhat popular government policy. Apart from the fanciful and more involved facets of the ‘Swachchh Bharat Abhiyan’ (or the  ‘Clean India…

How an ‘Ayurvedic’ Vicks took over India

Guest Post by Arushi Vats Before Jayant Kripalani coughed his way into millions of Indian households in the iconic ad that cemented Vicks as the reliable remedy for “khich-khich”, the company that made it faced a circuitous journey to overcome bureaucratic hurdles and alter its perception as an allopathic medicine from the West. Contending with…

Bolly Good Exit, m’boy

Simran Singh’s family from DDLJ can be employed as a useful allegory. As Orwell would have written about the Singh parivaar in 1941, England, he said, “resembles a family, a rather stuffy [Punjabi] family, with not many black sheep in it … and there is a deep conspiracy of silence about the source of the…

DE-FANGING BREXIT

On the 23rd of June, the Brits sealed their faith in an important way- they voted out of the EU. Rallying against common sense and self-interest, more than half of the Brit population chose to pack their bags and leave. Soon enough, Brexit was followed by Bregret and, as we speak, sensible Brits are doing…

Cash transfers: Lost in transactions

(The Centre for Equity Studies, Delhi, conducted a survey to gauge the impact of the switch to cash transfers on the consumption patterns of the poor in Chandigarh. The preference for kind vis-a-vis cash transfers was recorded. Importantly, public opinion found no place in the decision- making process.) Feroza Begum had to make a choice…

TRANSPARENCY ON MILITARY EXPENDITURES

It is often argued, if we can’t find cuts in the defense budget, we’re not looking carefully enough. The link between government expenditure on national defense and economic growth has been a subject of controversy ever since growth objective came to occupy a prominent place in public policy priorities. The amount that a state spends…

“What would Economics do?” Let’s start with politics!

Being the most intelligent species on the planet, the human race has been entrusted with a lot of responsibilities. We are expected, as result of a carefully constructed order, to give answers to all sorts of troubling questions. These may be, at times as simple as asking who should be our next PM (Modiji of…

A Note on Corbynomics

Love him or hate him- you cannot ignore him. Jeremy Corbyn, the charismatic Labour party politician, has captured the imagination of a vast majority of the British public [he is projected to win the Labour party leadership election by a good margin] and has equally been disparaged by right wing economists and politicians. Corbyn’s elevation…