Asymmetric Information and Economic Policy

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Consider a market for second hand cars where the sellers are usually more informed about the quality of the car and its various features than the buyers. The car can either be a “lemon” (bad quality second-hand cars) or a “peach” (good quality second-hand cars) and assume that the buyer […]

Should Governments Worry about Public Debt

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“The boom, not the slump, is the right time for austerity.” – John Maynard Keynes Should fiscal policymakers try to reduce government debt? As with many of the debates surrounding Macroeconomics, there is no consensus among the different economists regarding this question. The proponents of reducing government debt argue that […]

Against All Odds and Still Standing Firm: Four Years of Swachh Bharat Mission

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145 years have passed, yet his dream stays in the eyes of not just one, but in the eyes of the whole nation. Who could have thought that a dream of a Mahatma would have been brought to life after all these years in the form of a revolution, the […]

The Fintech Saga

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Financial Technology aka Fintech refers to the deployment of new technology and innovation to enhance the delivery of financial services. In comparison to the state-of-the-art technology at play in sectors like manufacturing, IT services etc, it is clear that Financial services is clearly lagging behind in the efficient use of […]

Finding a connection between Economic Freedom and Economic Equality

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Abhishek Dilip Dudhal is an alumnus of Veermata Jijabai Technological Institute. Sagar Nilay Mahajan works with PwC India. Economic analysis has been evolving during the past few decades with the increase in computational power, which has given rise to a variety of mathematical tools such as statistical modelling and machine […]