Atanu Dey On India's Development

May 16, 2011
by Atanu Dey
20 Comments

India’s Much Vaunted Freedom

I think the reports of India’s independence from colonial rule are severely exaggerated. Indians have been under foreign rule for several centuries and have become accustomed to being treated like irresponsible slaves, demanding to be controlled. Sure they do “democratically” … Continue reading

May 13, 2011
by Atanu Dey
6 Comments

Pricing a Book

The pricing of a book is an interesting economics problem. For economic efficiency, the price should be equal to the marginal cost. But as often happens, marginal costs are sometimes far below average costs (due to fixed costs.) So P=MC … Continue reading