This one is hauled from the archives from Aug 2013. Bhagwati on Democracy and Markets. In that post I quote Bhagwati’s three broad lessons that arise from his typology of countries into a democracy-market space.
John Adams (1735 -1826) was an American Founding Father, and the second president of the United States (1797 -1801). Read the wiki page on Adams. One marvels at all the natural wealth that the US has — immense land area,… Read More ›
Who you are determines what you do. That’s not the most incisive of observations but one’s identity is inextricably mixed up with what motivates one. Consequently identity does have predictive and explanatory power regarding the behavior of people. Naturally political… Read More ›
But that’s too generic a description. Besides being too general a description, democracy is hardly a comprehensive description of the Indian government. Surely, the democracy found in say Switzerland is quite different from what’s in India. We need better descriptors… Read More ›