Envisioning future scenarios for India and China

Suppose we go back to 1870 and think of four interesting and promising countries.

Britain was the incumbent, the pioneer of the industrial revolution, home of Newton and Darwin, with a head start on building institutions, with sound economic policy and deep integration with a global empire.

Germany, the rising power of Europe, rapidly . . . → Read More: Envisioning future scenarios for India and China

Obama’s Left Turn

I wrote a column in Financial Express about Obama’s left turn. Also see:

The associated editorial in Financial Express. White House nightmare persists by Ed Luce in the Financial Times. Neil Irwin in The Washington Post on the difficulties that Bernanke is facing on getting a second term. Also, see this sharp drop in . . . → Read More: Obama’s Left Turn