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Tuesday, November 15, 2016

Interesting readings

A monetary economics view of the de-monetisation by Ajay Shah in The Business Standard, 14 November.

Show me the money by Ila Patnaik in The Indian Express, 11 November.

Crowds Line Up at India's Banks to Exchange Banned Rupee Notes by Ellen Barry and Suhasini Raj in The New York Times, 10 November.

Autocracy: Rules for Survival by Masha Gessen in The New York Review of Books, 9 November.

An American Tragedy by David Remnick in The New Yorker, 9 November.

The Republic Repeals Itself by Andrew Sullivan in The New York Magazine, 9 November.

Lofty ideals don't justify faux measures by Somasekhar Sundaresan in The Business Standard, 7 November.

There is no Emergency by Pratap Bhanu Mehta in The Indian Express, 5 November.

Dear media, learn to look beyond the 'emergency' in Delhi by T.S. Sudhir in The News Minute, 5 November.

SEBI's Proposals on Stock Advice through Social Media in The India Corplaw Blogspot, 4 November.

President Obama: Real Time with Bill Maher (HBO), 4 November.

Dial 2016 for Emergency by Shekhar Gupta in The Business Standard, 4 November.

America and the Abyss by Andrew Sullivan in The New York Magazine, 3 November.

Problems of market abuse in India by Sandeep Parekh in NIPFP YouTube Channel.

The evolution of India Stack and the Unified Payments Interface by Sanjay Jain in NIPFP YouTube Channel.

Insolvency and Bankruptcy Code, 2016: An overview by Pratik Datta and Rajeswari Sengupta in NIPFP YouTube Channel.

1st Law Economics Policy Conference 2016 in NIPFP YouTube Channel.

Seminar on Quality of Services in Telecom and Data Services in NIPFP YouTube Channel.

Tech companies are trying to fight unconscious bias in hiring by making job candidates fight coding bots by Ananya Bhattacharya in The Quartz, 31 October.

What Could Go Wrong in America? by Martin Feldstein in The Project Syndicate, 26 October.

Playboy Interview: Former NSA Boss Michael Hayden on Hillary's Emails, Hacking and Russia by John Meroney in The Playboy, 26 October.

No Small Events by Ian P. Beacock in The Point Magazine.

What Happened on Election Day by Lindy West in The New York Times, October 2016.

2 comments:

  1. Sir, with respect to your article in Business standard - firms failing, isn't that a stretch? What all you have written following the failure of firms, ripple effects etc. that makes sense but the presumption of firms becoming insolvent because of the currency ban seems bit of a stretch to me. Could you please shed some light on which sector/firm will go bust by losing a fortnightly income.

    Current accounts have a limit of 50,000 per day withdrawal - firms can use this facility. Along with writing cheques there is no constraint on that.

    ReplyDelete
    Replies
    1. In practical terms, the definition of a firm is very wide. Even the small shops which sells daily need products (shampoo, tea etc) are firms and constitute a large part of Indian economy.

      For these small firms, cash is the only mean of exchange for both buying and selling. Obviously cash ban may lead to death of such entities unless something dramatic happens

      Delete

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