ECONOMICS OF THE CHOLA KINGDOM

The economy of any country is very intricately linked with its history. India is a country of great cultural and historical heritage and was regarded as the “sone ki chidiya” (i.e. bird of gold) in ancient times because of the immense prosperity of its kingdoms and citizens. But have you ever wondered how monarchical forms…

NGOs, Nuclear Power, and The FCRA

Democracy needs a thriving civil society, free and fair media, solid independent institutions, and a dynamic political process to flourish. With all its tribulations, India has still managed to do quite well in the 73 years of its independence. Especially considering the rampant culture of military coups in the subcontinent, we have dodged the bullet…

Effect of Founder exits on New Ventures

Founders are an essential part of any firm. They play a critical role in the setting up and subsequent evolution of the venture. Despite the importance of founders within these ventures, estimates suggest that one or more founders depart within the first few years in at least half of multi-founder firms. In this article, we…

Circular Economy: Minimization of Plastic Waste

Plastics are versatile materials, but the way we use them (through a linear economy) is incredibly wasteful; 95% of material value is lost after one single-use. A linear economy generally follows the "take-make-waste" process, which means that the raw materials are collected and transformed into products used until they are finally discarded as waste (Fig-1).…

Chamber Consultation Hour with Dr. Dipanjan Chakraborty

De-Economist's Editors Rohith (henceforth R) and Anuradha (henceforth A) sat down with Dr. Dipanjan Chakraborty (henceforth D) from the Department of Computer Science and Information Systems to discuss his work, his career and how HCI is an essential component of computer engineering. We present the interview below: R: Can you describe your Ph.D. experience at…

What’s in a Neighborhood?

Moving to Opportunity for Fair Housing (MTO) was a randomized social experiment sponsored by the United States Department of Housing and Urban Development (HUD) in the 1990s among 4600 low-income families with children living in high-poverty public housing projects. This experiment randomly assigned occupancy to residents who were earlier living in high poverty residential areas,…

Blame your laziness on Hyperbolic Discounting!!

Generally, most humans are inherently impulsive and weak-willed. For example, instead of starting on our assignment, we might decide to watch an extra episode of our favourite show. This eventually turns into a whole season (or more) in one sitting. We naturally seem to prefer postponing tasks for the future, rather than completing them immediately.…

Economics of Education and Health

Do you remember getting polio drops in your childhood? Have you felt the contrast between your parents’ school times and your schooling? Times have changed, so has the economy when it comes to Education and Health. This article aims to shed light on one of the most important fields of economics, in terms of productivity…