Read this interview in the Times of India with Steve Coll, and this Congressional testimony of his. If you haven’t yet read Ghost Wars, you should.
Vijay Kelkar’s recent speech on privatisation.
The comments on this [...]

Gary Becker (link) and Richard Posner (link) discuss the economic perspective in the empowerment of women and the weigh costs and benefits of public policy aimed at the empowerment of women.

“Societies need subjective indicators of well-being to aid policy makers and ordinary citizens in making decisions.” This is the opening line of the recently published book, “Well-being for Public Policy” by Ed Diener, Richard Lucas, Ulrich Schimmack and John Helliwell. The first three authors are psychologists (Diener has played a leading role in the field [...]

In ECON 101, we are taught the concept of “structural unemployment.” Government economists say that structural unemployment, which refers to the segment of the work force unemployed due to “structural change” in the economy, is unavoidable. Therefore, a good 3-5 percent of Americans can be out of work and the government will still say we [...]