Current Issues
The Ways of the Judiciary
26 April, 2017, Prabhat Patnaik
There is a disturbing common pattern underlying the cases of Babri Masjid and the location of liquor shops and bars; and it is that the proverbial blindness of justice appears to be absent in both cases.
Industrial Growth and Demonetization
24 April, 2017, Prabhat Patnaik
Recent data on the manufacturing sector dispel all the lies that government propaganda has been peddling of late about demonetization having had no recessionary effect.
The De-digitisation of India
25 April, 2017, C.P. Chandrasekhar & Jayati Ghosh
Despite the governmentís efforts to digitise the Indian economy forcibly, non-cash forms of payment appear to have declined as more currency has been made available to the public. This points to major flaws in the governmentís coercive approach and the underlying rationale for cashlessness.
The State in Chinese Banking
11 April, 2017, C.P. Chandrasekhar & Jayati Ghosh
After four decades of financial reform Chinaís banking sector is still dominated by publicly owned institutions. But continuity in ownership does not mean that banking behaviour does not change.
Special Feature
Budget 2017-18: The Macroeconomic Perspective
03 March, 2017, C.P. Chandrasekhar
One reason why the government chose fiscal consolidation instead of an expansionary budget in the wake of demonetisation is its erroneous belief that demonetisation in itself would deliver fiscal benefits.
Budget 2017-18: Blinded by neoliberalism
27 February, 2017, C.P. Chandrasekhar
All that this government has is its unfounded belief that mere reform in the form of the demonetisation, digitalisation and the GST would deliver growth rather than recession.
Demonetisation Decoded: A critique of India's currency experiment
12 April, 2017, Jayati Ghosh, C.P. Chandrasekhar and Prabhat Patnaik
In a surprise move, on November 8, 2016, the Indian government announced that the currency notes of Rs 500 and Rs 1000 denomination cease to be legal tender from the midnight of that very date. The arguments advanced in support of the move was that this would root out black money and take care of counterfeiting of currencies; however, withdrawing more than 85 per cent of the currency notes in circulation has been a major hit on Indiaís poor and lower middle classes.
Call for applications for African Programme on Rethinking Development Economics, Johannesburg, South Africa, 4-15 September 2017
07 April, 2017,
Applications are invited for the eleventh edition of the African Programme on Rethinking Development Economics (APORDE) 2017 that will be held in Johannesburg (South Africa) from 4th to the 15th of September 2017.
Demonetisation Decoded: A critique of India's currency experiment
12 April, 2017, Jayati Ghosh, C.P. Chandrasekhar and Prabhat Patnaik
The book "Demonetisation Decoded", is an important book that provides a quick and concise explanation of the goals, implications, initial effects and the political economy of the major demonetisation move of the Indian government.
The XXV Krishna Bharadwaj Memorial Lecture
15 March, 2017,
The XXV Krishna Bharadwaj Memorial Lecture, delivered by Prof. Heinz D. Kurz of Department of Economics, the Graz Schumpeter Centre, University of Graz, Austria on March 3, 2017 at the Convention Centre, JNU, New Delhi, on the topic "Power - The BÍte Noire in much of Economics"
Buckling under Pressure
18 January, 2017, Jayati Ghosh
There has been a depressing erosion in the credibility of the major institutions that in different ways are vital for the functioning of our democracy as they are bent to the will of the ruling dispensation.
Barbara Harriss-White on Demonetisation
16 January, 2017,
The notable political economist Barbara Harriss-White, in her interview with Madras Courier has painted a comprehensive picture of what demonetisation has done to India's democracy, agriculture, the 'black economy' and society.
Finance Capital and the Nature of Capitalism in India Today
25 November, 2016, C.P. Chandrasekhar
This article explains how the growing dependence on foreign finance capital has distorted Indiaís growth. Due to the accumulated presence of foreign capital in the country since liberalisation, it is turning moribund and losing sovereignty.
Capitalism and the Oppressed Castes
29 April, 2016, Prabhat Patnaik
The development of capitalism in any society brings about a complete transformation in the way we look at all social questions including the question of caste oppression.

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