Taxi Companies in Bombay: an Episode in India’s Urban Transportation

The problem

The best thing that you can ask for, in getting around a city, is a comprehensive underground metro system, where a tube station is at worst 200m away from wherever you might be. There is no city in India that has this. While the Delhi Metro is very impressive, it is still . . . → Read More: Taxi Companies in Bombay: an Episode in India’s Urban Transportation

What if India had a Hong Kong?

An alternate history that I find interesting is a scenario where, in 1947, the British kept one city in India – e.g. Surat. This is analogous to the British control of Hong Kong in China after the communist revolution.

Why is Surat interesting for such an analysis, and not Bombay? It sounds too implausible . . . → Read More: What if India had a Hong Kong?

The Bloated Private Sector

The great insight of modern economics is the power of markets to align the interest of society and the individual. The idea that attending to your own affairs and following your passions is all that one must contribute to society is incredibly liberating. The market system has proven an incredibly powerful, efficient and innovate . . . → Read More: The Bloated Private Sector