October 21, 2003
by atanu
1 Comment
As an economist trained in the neo-classical tradition, I am constantly on the lookout for market failures. Externalities are a reliable source of market failures and when I come across a positive externality, I get a warm and fuzzy feeling. … Continue reading
October 21, 2003
by atanu
12 Comments
From The Economist (9th Oct 2003) an article on the perceived corruption of countries. Finland remains the least-corrupt country in the world, according to the latest annual index compiled by Transparency International, a Berlin-based organisation. The index, which measures perceived … Continue reading