( By Rama Vivek Gulavani, Junior Editor ) The year was 1919, when the Palace of Versailles stood on the outskirts of Paris, waiting to create global history. The marble walls of the hall of mirrors had the presence of 27 delegations representing 32 powers. The four representatives of the principal allied powers—France, the USA, [...]
By Gitika Arora, Editor-In-Chief Dr. Gary Becker was an instrumental economist with groundbreaking and defining contributions to the field. He was born on 2nd December 1930 amidst the dark shadows of the Great Depression. Becker got his PHD from University Of Chicago in 1955 under the renowned Nobel Prize Winner, Milton Friedman. Like Friedman, Becker [...]
By Bharati J Krishnan, Deputy Editor A "class", as defined by Cambridge English Dictionary, is "a group of people within society who have the same economic and social position". Most people are aware of their class status, they know—or assume to know—their place in the socio-economic ladder. However, class consciousness goes further than being aware [...]
By Medha Arora, Deputy Editor Trigger warning: Suicide, Death Following Hindi film industry actor Sushant Singh Rajput’s death by suicide, was an indelicate media trial of his former girlfriend Rhea Chakraborty, who was accused, by the media and public at large of being responsible for his death, from abetting his suicide to murder. Most TV [...]
By Sakshi Dhawan and Kritika Chakrabarti Game Theory Microeconomics is the study of the behaviour of individuals and firms, as well as their interactions with one another. In some ways, it is concerned with a maximisation of individual and firms’ payoffs. Certain foundations of microeconomics depend on a fundamental assumption when determining the payoffs between [...]
Dr. Subramanian Swamy is an Indian economist, politician, and lawyer. He is currently serving as a nominated member of Parliament in Rajya Sabha. He received his BA from Delhi University, MS (Mathematical Statistics) from Kolkata, and Ph.D. (Economics) from Harvard University in 1965. He has had a stellar teaching experience at Harvard University and IIT [...]
Professor Saptarshi Mukherjee is an associate professor at IIT Delhi. He works on mechanism design, social choice, game theory, bounded rationality and teaches microeconomics, game theory and mathematical economics.He received his PhD and graduated from ISI, Delhi Centre and was a post-doc fellow at the Universitat Autònoma de Barcelona, 2011-2013.For more details on this series, [...]
Vishleshan, the discussions vertical of Arthashastra organized a seminar on Multiculturalism and Populism by Professor Paul Kelly. Professor Kelly is a professor of Political Philosophy at The London School of Economics and Political Science. Isheka Agarwal from Vishleshan attempts to give an analysis of the lessons from this seminar. MULTICULTURALISM In order to understand multiculturalism, [...]
Furthermore, why are these people so quick to jump on polls when they are so often wrong? Polls seem to be a rather useless tool – they are there for the benefit of political parties grabbing power, in that they can substitute having principles for whatever is the seemingly popular mood – and the popular mood can be wrong.
Arthashastra 