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Voices from author
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Root cause analysis
January 21, 2016, 5:14 AM IST
By Nouriel Roubini For the last 50 years, academic economists, Wall Street traders and everyone in between have been led astray by fairy tales about the wonders of unregulated markets and the limitless benefits of…
January 21, 2016, 5:14 AM IST
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Growth dynamics
January 20, 2016, 7:13 AM IST
By Angus Deaton We should not think that, prior to the Industrial Revolution, the rest of the world had always been backward and desperately poor. Decades before Columbus, China was advanced and rich enough to…
January 20, 2016, 7:13 AM IST
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Corporate strategy
January 19, 2016, 6:54 AM IST
By Michael Bazigos ET AL We’ve long inquired into the processes and structures that reinforce organisational stability. But from November 2013 to October 2014, we added questions on speed and flexibility. Our goal was to…
January 19, 2016, 6:54 AM IST
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Risk and uncertainty
January 18, 2016, 6:41 AM IST
By Frank Knight To preserve the distinction that has been drawn in the last chapter between the measurable uncertainty and an unmeasurable one, we may use the term ‘risk’ to designate the former and the…
January 18, 2016, 6:41 AM IST
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The China syndrome
January 16, 2016, 7:25 AM IST
By Pieter Bottelier The year 2016 started with a bang in China, but unfortunately, not with traditional firecrackers. Instead, economic data showing the 10th-straight month of slowing manufacturing sent China’s stock markets into a downward…
January 16, 2016, 7:25 AM IST
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How emotions affect decision making
January 15, 2016, 6:46 AM IST
By Rom Schrift When we think about the many decisions that we make throughout our lives, often a central component of the decision-making process is the emotional conflict that we experience while making the choice….
January 15, 2016, 6:46 AM IST
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2008 Financial crisis: Why the past is a foreign country for policymakers
January 14, 2016, 6:41 AM IST
By Martin Wolf The past is a foreign country. Even the quite recent past is a foreign country. That is certainly true of the views of leading policymakers. The crisis that broke upon the world…
January 14, 2016, 6:41 AM IST
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Why private sector and consumers must be in sync with a digital economy
January 13, 2016, 7:26 AM IST
By Penny Pritzker The digital economy is growing at a rate so much faster than the rest of the economy, but it’s important, as the digital economy grows, that we figure out how to make…
January 13, 2016, 7:26 AM IST
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Do governments lie about the magnitude of economic problems?
January 11, 2016, 5:43 AM IST
By Satyajit Das Economic problems are now compounded by lower population growth and ageing populations; slower rises in productivity and innovation; looming shortages of critical resources, such as water, food and energy; and man-made climate…
January 11, 2016, 5:43 AM IST
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Policies for urban development can be crucial to financial stability
January 8, 2016, 5:44 AM IST
By Adair Turner In the decades before 2008, central bank practice and modern macroeconomic theory gravitated to the belief that achieving low and stable inflation was sufficient to ensure financial and macroeconomic stability, and that…
January 8, 2016, 5:44 AM IST
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Economists attract much credit and some blame for overall health of business
January 6, 2016, 6:19 AM IST
By Robert Simons In this paper, I critique the economic theories that are used to describe — and prescribe — principles of business organisation. Specifically, I focus on the theories that are taught in business…
January 6, 2016, 6:19 AM IST
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Looking the future from modern times
January 5, 2016, 3:34 AM IST
By Francis Fukuyama I was born in 1952, right in the middle of the American baby boom. For any person growing up as I did in the middle decades of the 20th century, the…
January 5, 2016, 3:34 AM IST
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Finding the meaning of mind
January 4, 2016, 4:00 AM IST
By George Makari For many centuries in feudal Europe, the meaning of human came from the soul, a believer’s most important possession. According to Saint Thomas Aquinas, the soul was the source of life, animal…
January 4, 2016, 4:00 AM IST
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Financial issues
December 19, 2015, 7:11 AM IST
By Adair Turner We seem to need credit to grow faster than GDP to keep economies growing at a reasonable rate, but that leads inevitably to crisis, debt overhang and postcrisis recession. We seem condemned…
December 19, 2015, 7:11 AM IST
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Financial status
December 18, 2015, 6:23 AM IST
By John Kay A remarkable feature of the global financial crisis is that most people in finance seemed to regard it as self-evident that government and taxpayers had an obligation to ensure that the sector…
December 18, 2015, 6:23 AM IST
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Three’s a crowd
December 17, 2015, 6:31 AM IST
By Jared Diamond Externally, we are so similar to chimpanzees that 18th-century anatomists who believed in divine creation could already recognise our affinities.… A zoologist from outer space would immediately classify us as just a…
December 17, 2015, 6:31 AM IST
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Why distribution of income is necessary to tackle poverty
December 16, 2015, 7:03 AM IST
By Anthony Atkinson Reducing inequality is not just a matter of taxes and spending. Many of my proposals are concerned with the market distribution of income: what people receive in wages, interest and other forms…
December 16, 2015, 7:03 AM IST
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The rise of the mobile species
December 15, 2015, 6:07 AM IST
By Gopi Kallayil The rise of mobile is accelerating faster than we ever imagined. In fact, in many places in the world, mobile is and will be the only option to access the web, because…
December 15, 2015, 6:07 AM IST
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Why a slowdown in China’s growth may be a healthy development
December 14, 2015, 6:37 AM IST
By Ben S Bernanke Financial markets and media reports have been focused lately on the slowing of China’s growth rate. That slowing has diverse causes and consequences, but in at least one important respect, it…
December 14, 2015, 6:37 AM IST
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Future Shocks
December 12, 2015, 4:19 AM IST
By Sven Heiligtag et al Like most of the economy, the energy sector faces huge challenges from digital disrupters. Internet technologies are breaking open the traditional value chain, driving down interaction as well as transaction…
December 12, 2015, 4:19 AM IST
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