Is sovereign default inevitable? – II
The first Prime Minister of India, Pandit Jawaharlal Nehru, said the following on the occasion of abolition of zamindari system in his country’s largest state, UP, in 1952: “I was…
Doing away with the wrong book
The globalization process has turned the world into an increasingly interdependent entity. No nation state or a country can now claim to be absolutely sovereign, in both socio-economic or/and military…
Sugar scandal
Yet another scandal, and yet another burst of public outcry. Financial scams now seem to be part and parcel of our governance. However, the most surprising aspect about the recent…
Britain’s COVID lending schemes risk widening regional divides
In the northern English seaside resort of Blackpool, the family-run Elgin Hotel is preparing to reopen in August after four months’ enforced closure. The Elgin had a profitable 2019, but…
Bruised dollar m Bounce if US election gets chaotic, investors say
Some investors are betting that a bout of election-induced volatility may be just the thing to give the battered dollar a reprieve from its months-long decline. The dollar stands near…
Geo-economic strategic depth
Pakistan’s new narrative of geo-economics is facing the most crucial question: how to tackle geopolitics in the best possible way while keeping in view its geographical location. The country’s neighbour…
Economic satire: Episode 3: Trading
Fatman muttered under his breath, “If you think about it, the Mercantilist had got it right.” “Well then stop thinking.” Greybeard growled, eliciting a guffaw from Fatman. “A think-tank not…
WPPF — a case for abrogation
In his book The Law of Taxation [1924] Thomas M. Cooley defined the term ‘taxes’ in very simple words: “Taxes are the enforced proportional contribution from persons and property, levied…
Understanding Neoliberalism
‘Neoliberalism is the defining political economic paradigm of our time – it refers to the policies and practices and processes whereby a relative handful of private interests are permitted to…
We seem to have no understanding of what ails our taxation system — III
This is the third part of a series of articles on the subject ‘We seem to have no understanding of what ails our taxation system’. Like the preamble to Part…
