~by Sean Paul Kelley Couple of random notes this Friday morning, mostly economics related, some silver news and my personal reaction to portions of the discusssion in Ian’s “Is Virtue An Advantage Or Disadvantage For Societies?” post. First, econonomics. It looks more and more like we are heading into a 2008-style credit crisis/crunch. Don’t believe […]
India
~by Sean Paul Kelley The Chinese rail network now carries 23 million passengers a day. Multiply that by 365 and it carries 8.365 billion passengers a year. And does not account for the increase in passengers during major holidays. Now consider these two facts. First, India’s rail network carries 23 million passengers a day also. […]
Trump’s Presidency has exposed the weaknesses at the heart of our global security alliances, argues Alexandra Hall Hall
by C.R.Yadu and Sahil Mehra* Within the discourse of Development Economics, the most widely accepted theory is that of ‘structural transformation’ (ST), which posits that, over time, non-agricultural, high productivity, and capitalist sectors will gain greater significance in terms of both national income and employment, while the role of agricultural, low productivity, and non capitalist […]
First economic: The US dollar is down 5% over the last six months against a basket of currencies. And over the past year, it’s lost 9.6%. The biggest winner against a dollar has been the euro which has gone up 13% however, which truly is a win for Europe because it makes their natural gas […]
I was discussing Indian corruption with Sean-Paul the other day, and we had to really break down what we meant by corruption. That lead to a simple classification system, so I’m sharing it with it. Everyday vs. Elite Corruption Do you bribe the policeman or the minor bureaucrat to get a permit. Do you grease […]
The Opposition’s shadow minister for Home Affairs, Andrew Hastie, has taken some time out of his day, which was definitely not spent on the phone talking numbers, to tell the press that he is ambitious for his leader Sussan Ley.... Read More ›
As a fragile ceasefire takes hold between India and Pakistan, those living in the affected regions live in fear that the worst may still be to come
Campaigners warn that it risks creating a system of “corporate courts”