Term of the Week: Banana Republic

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 [...]

Game Theory and Pandemics

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 [...]

In Conversation with Dr. Subramanian Swamy: Research Days, the Slowdown, and Innovation

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 [...]

In Conversation with Prof. Mukherjee Series: Regulatory Capture, Strategyproof Choices, and Cooperation

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, [...]

Seminar on Multiculturalism and Populism by Prof. Kelly

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, [...]

The Ridiculous Optimism of Boris’ Government

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.