This article is in refernce to the question asked in the Ecosodes- Why do Economic Forecasts vary so much? Hope and positivity are necessary for mental well-being, but there are certain situations when a ray of hope can culminate into impending doom. Optimistic economic forecasts are intended to provide a Read more…
Let us go step by step in analyzing the feasibility of nationalizing the healthcare sector in India as discussed in the previous article- Is Nationalization essential for Better Public Healthcare? through raising taxes. In fact, we should first consider whether the government of India is in a position to fund Read more…
As the nation rejoiced in its 74th Independence Day on Saturday, Prime Minister Narendra Modi, unveiled the ‘National Digital Health Mission’, a holistic, nationwide healthcare programme, in a bid to revolutionise the country’s healthcare sector. With a total budget outlay of Rs. 470 crores, the scheme has been launched with Read more…
Ever went for window shopping to a high street to try clothes and then end up buying those from the internet? If yes, well, then you have been a free rider yourself. This article is in response to the question asked in the Ecosodes – Looking at the Free-Rider Problem This Read more…
Some of you must have seen how Jordan Belfort hid millions of dollars’ worth of his wealth in the Swiss Bank in order to avoid paying taxes in the famous movie, ‘Wolf of the Wall Street’. You must have seen the practice of rich people hiding money in Switzerland on Read more…
Yesterday we began to discuss overtime pay and also the new 12 hours working period for employees as under consideration. Today we shall continue our discussion on overtime pay, its pros, and cons, and also discuss further this 12-hour work policy. This article is in reference to the Ecosode – Government Read more…
Why does doing things ourselves makes us happier? We learned yesterday that this happens owing to the IKEA effect which is nothing but a cognitive bias wherein consumers place a disproportionately high value on the products they create. This article is in response to the question asked in the Ecosode Read more…
In time such as those of the present, the economy stands at the edge of a cliff ready to take a fall. It is institutions such as those of the Reserve Bank of India, that on behalf of the government, take it upon themselves to prevent such a pitfall. But Read more…
Famously crowned as the ‘Economic Miracle’ of the century, the stellar story of how Japan molded its growth model continues to be looked up by developing economies even today. Interestingly, the ride hasn’t always been smooth-sailing for the nation, considering how it has experienced its own fair share of global Read more…
Even though the public in India has failed to acknowledge it, bond markets have immense economic benefits for both issuers and investors. Through a deep bond market, companies can raise the money required to fund large infrastructure and development projects about which we have already read in the previous Ecosode- Read more…