Yesterday’s Indian Express carried a piece by me on the perverse oil subsidy that the government of India provides. I begin that piece with my favorite Douglass North quote: “Economic history is overwhelmingly a story of economies that failed to … Continue reading →

The business of business is profit. That’s the whole point in doing business. If a business is following the rules and legally making a profit, it is discharging its social responsibilities. I wrote an opinion piece in today’s Mint arguing … Continue reading →