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The economics of Trump’s threats

President Donald Trump has threatened to stop all aid to Pakistan if Islamabad, according to him, does not forthwith stop providing safe havens to Afghan Taliban, especially the Haqqanis. The…

Problem in economics

The release of the new Social Security Trustees Report, coupled with a New York Times article on what strikes me as a rather silly debate on inequality, led me to…

Economics of vaccines

COVID-19 brought the world to its knees. The Covid vaccine has been the most sought-after product. However, as governments around the world rush to vaccinate their citizens, some aspects need…

A rough start for ‘geoeconomics’

The nature of the political and economic crisis Pakistan is experiencing is much more profound than we would like to admit. Oddly, the visibility of how severe this crisis is…

Good economics is inclusive politics

The defeat of Finance Minister Mr Hafeez Sheikh in the Senate elections is not just a defeat of Mr Imran Khan but a rejection of the idea that ‘economic-technocrats’ are…

Economics and environment

The major issue with theories of social sciences is their rather broad generalisations. They have been developed by looking at the general behaviour rather than how individuals behave. These theories…

Economics – the art of flawed logic

An oft quoted proverb in Pakistan is that politics is about the art of the possible - a proverb that has usually been used to mainly justify an alliance between…

Economics – the art of flawed logic

An oft quoted proverb in Pakistan is that politics is about the art of the possible - a proverb that has usually been used to mainly justify an alliance between…

Over-correction is bad economics

The day the Khan administration took over the reins of government on 20 August 2018 the budget deficit was under 6 percent of Gross Domestic Product (not at a danger…

Economics of wars

“All war is a symptom of man’s failure as a thinking animal,” John Steinbeck. Wars are dangerous, costly, destructive and inhuman. Yet history shows how they are a political indulgence…