Lockdowns vs. COVID19: Covid Wins
Not only lockdowns were not effective, but that, in a large majority of cases, lockdowns were counter-productive i.e. led to more infections, and deaths than would have been the case with no lockdowns.
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Not only lockdowns were not effective, but that, in a large majority of cases, lockdowns were counter-productive i.e. led to more infections, and deaths than would have been the case with no lockdowns.
The best tax policy for the taxman is one that maximizes tax revenue, and not one that maximizes his morality, or his employment, or his discretionary powers.
With the government swimming in tax revenues, it makes little economic, or revenue, sense to reintroduce the long term capital gains tax after a hiatus of 14 years. Why?!
India can, and must, reform its welfare system for a transforming India – more efficient redistribution is desirable for both ethical, and political, reasons.
A direct outcome of demonetisation is a sharp increase in 2017-18 in tax buoyancy (revenues per unit of growth). Given this ‘unexpected’ result, will the knee-jerk critics of demonetisation please stand down?
For whom will the Gujarat election toll – a confident BJP or a reviving Congress? The opinion polls suggest that Gujarat may not be a Rahul Gandhi moment.
Here is a modest proposal to bring about much-needed accountability to the decisions of the RBI (and MPC): Let the RBI governor be questioned by Parliament twice a year
The first year of operation of the Monetary Policy Committee has imposed considerable costs on the economy with very few benefits. What explains its decisions?
It was about both politics and economics. It is an acknowledged political success and early ‘returns’ indicate an economic success story as well.
The incomes of the poorest are rising at a faster pace than any time since January 2015. That could be the reason for Modi winning elections and why the growth slowdown will soon reverse.