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The Surprising Factor For Immigrant Success

by Edward Paul Lazearvia Wall Street Journal
Monday, June 26, 2017
Those born in Algeria do better than those from Israel and Japan. Why? There are fewer of them.
In the News

The Importance Of Ease Of Doing Business

quoting John H. Cochrane via
Sunday, June 18, 2017

Firms in India are smaller and less productive than they should be, and burdensome regulation is one important culprit.


Tunku Varadarajan On The John Batchelor Show

interview with Tunku Varadarajanvia The John Batchelor Show
Wednesday, April 5, 2017

Hoover Institution fellow Tunku Varadarajan discusses his Wire article "Assault Africans … And Kiss Goodbye to the UN Security Council."

Analysis and Commentary

Assault Africans ... And Kiss Goodbye To The UN Security Council

by Tunku Varadarajanvia The Wire
Wednesday, April 5, 2017

The racist attacks in Greater Noida are a greater diplomatic fiasco than India yet realises.

Analysis and Commentary

Is The NDA Government's Flagship Initiative Jan Dhan Yojana Bearing Fruit On The Ground?

by Sumit Agarwal, Shashwat Alok, Pulak Ghosh, Soumya Ghosh, Tomasz Piskorski, Amit Seru via Economic Times (India)
Thursday, March 9, 2017

There is a big debate about the activity role of financial markets and products in shaping consumer welfare and real economic. In developed economies, there is an increasing discussion that financial sector may have become inefficiently large and products offered to households may have become excessively complex.

In the News

Bitcoin: Can RBI Ignore The Elephant In The Room?

quoting Jack Goldsmithvia Economic Times (India)
Friday, March 3, 2017

Virtual currencies like Bitcoin are all the rage in FinTech, and could potentially transform global commerce in the years ahead. Users are adopting them in the thousands each day and the value of trade in these currencies is witnessing unparalleled growth. 

Analysis and Commentary

Was USAID Behind Indian Government's War On Cash?

by David R. Hendersonvia EconLog
Thursday, January 12, 2017

On November 8, Indian prime minster Narendra Modi announced that the two largest denominations of banknotes could not be used for payments any more with almost immediate effect. Owners could only recoup their value by putting them into a bank account before the short grace period expired at year end, which many people and businesses did not manage to do, due to long lines in front of banks.

Analysis and Commentary

India's Assault On Money

by David R. Hendersonvia EconLog
Friday, November 11, 2016

In our 5-minute discussion in class on Wednesday, a student asked me about the implications of the Indian government's crackdown on people holding high-denomination currency. I didn't know much about it and gave a so-so answer. Now I know more.

In the News

Sorry, Donald Trump: The U.S. Can’t Grow Like India And China

mentioning Michael Spencevia The Washington Post
Friday, October 21, 2016

In the debate on Wednesday night, Donald Trump compared America’s lackluster economic growth to that of India and China. For the United States, the comparison didn’t look good.

In the News

The Reserve Bank Of India's New Neutral Rate

quoting John B. Taylorvia Live Mint
Thursday, October 13, 2016

The central bank is lowering the policy rate despite its relatively pessimistic assessment of inflationary pressures.