Columns
Writings in economics
Jobless youth and education (11 June, 2024, Business Standard; Hindi version 19 June, 2024)
Yen's avoidable slide to 1990 level (8 May, 2024, Business Standard; Hindi version 12 May, 2024)
Huge tax and license raj in liquor (9 April, 2024, Business Standard)
Stock market valuations and Sebi (12 March, 2024, Business Standard)
Public money and public policy (13 February, 2024, Business Standard)
· Jobs, jobs, jobs (9 January, 2024, Business Standard; January 14, 2024, Hindi version)
· Low cost higher education (7 November, 2023, Business Standard; 19 November, Hindi version)
· "Safe" US government bonds (10 October, 2023, Business Standard)
· Dollarisation of a different kind (12 September, 2023, Business Standard)
· The fall in private investment (8 August, 2023, Business Standard; 14 August, 2023, Hindi version)
· Improving pensions (11 July, 2023, Business Standard; 17 July, 2023, Hindi version)
· The not-so-peculiar inflation in Turkey (13 June, 2023, Business Standard; 16 June, 2023, Hindi version)
· India could consider adopting a well-targeted interest rate policy (23 May, 2023, Mint)
· Roads, traffic and GDP (9 May, 2023, Business Standard; 11 May, 2023, Hindi version)
· Reducing inflation without raising interest rates (11 April, 2023, Business Standard)
· A suggestion to the IMF on inflation (7 March, 2023, Business Standard)
· Short selling in US and India (7 February, 2023, Business Standard; 13 February, 2023, Hindi version)
· Removing barriers to entry (10 January 2023, Business Standard)
· Towards a meaningful market economy (13 December, 2022, Business Standard; 15 December, 2022, Hindi version)
· Inflation targeting: Letter and Spirit (8 November 2022, Business Standard)
· Rupee and reserves: The larger story (11 October 2022, Business Standard)
· US moving towards normalcy, not recession (7 September 2022, Business Standard)
· Jobs and growth: A way out (9 August, 2022, Business Standard)
· Understanding inflation in the US (12 July 2022, Business Standard)
· Oil shock: What the RBI can do (June 10, 2022, Business Standard)
· Overcoming the paucity of tools with RBI (May 17, 2022, Business Standard)
· PLI scheme with a return for the government (April 19, 2022, Business Standard)
· Rethinking the 100 new cities plan (March 8, 2022, Business Standard)
· LIC disinvestment: Right and wrong (February 15, 2022, Business Standard)
· Reforms, economy, and stock market (January 18, 2022, Business Standard)
· Low interest rate: Incentive and subsidy (December 14, 2021, Business Standard)
· Booming stock market and ailing economy (November 16, 2021, Business Standard)
· Reining in market irrationality (October 19, 2021, Business Standard)
· Inflation tax over and above the oil tax (September 14, 2021, Business Standard)
· Reserves: The RARE model in India (August 17, 2021, Business Standard)
· Interest rates and asset prices (July 13, 2021, Business Standard)
· Inflation tax masquerading as dividend income (June 15, 2021, Business Standard)
· Using reserves: When, if not now? (May 17, 2021, Business Standard)
· The questionable rationale for government schemes (April 7, 2021, Business Standard)
· Dealing with cost-push inflation (March 16, 2021, Business Standard)
· Fiscal doves in India: Right and wrong (February 17, 2021, Business Standard)
· No fiscal crisis or high inflation in the US but ... (January 19, 2021, Business Standard)
· Fast pace of reforms: Right and wrong (Business Standard, December 15, 2020)
· Fiscal stimulus and investment (Business Standard, November 17, 2020)
· The dark side of low interest rates (October 20, 2020, Business Standard)
· Animal spirits: Right and wrong (September 16, 2020, Business Standard)
· Handling the dollar rush (August 19, 2020, Business Standard)
· Are sovereign gold bonds a good idea? (July 22, 2020, Business Standard)
· How to bring down the price of land in India (June 23, 2020, Business Standard)
· Fee hike for students at JNU: right and wrong (January 14, 2020, The Wire)
· Banking crisis is not over yet, but recapitalisation hiding the truth (January 13, 2020, Financial Express)
· How bank denationalisation can be a solution to tackle slowdown woes (October 11, 2019, Financial Express)
· The intriguing case of a massive slowdown in the auto sector (October 6, 2019, The Wire)
· Financing the minimum income guarantee programme (January 30, 2019, The Wire)
· Oil price in India in a broad perspective (December 4, 2018, Financial Express)
· The corporate earnings conundrum (November 16, 2018, The Wire)
· How can we discourage IL&FS and other shadow banks from relying on short-term funding (October 17, 2018, The Wire)
· A sharper instrument for exchange rate stabilization (with Rohit Prasad, May 31, 2018, Mint)
· Huge bank losses, frauds, and economic risks (Mint, March 9, 2018; this is abridged version of article in Ideas for India)
· Large self-employment in India: Diagnosis and policy (Mint, January 22, 2018; this is an abridged version of article in Ideas for India, January 22, 2018)
· Bubble in Bitcoin or Elsewhere? (Mint, December 11, 2017, The Hans India, December 15, 2017; this is an abridged version of article in Ideas for India, December 11, 2017)
· Large Losses in Banks: Going Beyond Bail-out and Bail-in (The Wire, December 10, 2017)
· GST need not have been in the form of a big bang reform (The Wire, November 15, 2017)
· Recapitalisation of public sector banks, and financial repression (Business Standard, November 5, 2017; this is abridged version of article in Ideas for India)
· 400 billion Dollars of Reserves: Some Concerns (Mint, October 3, 2017, Mostly Economics, October 10, 2017; this is abridged version of article in Ideas for India, October 3, 2017)
· Purchasing Power Parity: Some Concerns (Mint, September 5, 2017 and Qrius, September 26, 2017; this is abridged version of article in Ideas for India, September 4, 2017 )
· Reconsidering Policy: Permit Raj and the Education Sector (Qrius, April 29, 2017)
· Reconsidering the villain of all villains - the village money lender (The Dialogue, March 22, 2017)
· Reconsidering the 4% inflation target (Livemint, January 16, 2017; this is abridged version of article in Ideas for India, January 16, 2017)
· Demonetization: Some very counterintuitive effects in practice (Business Standard, December 18, 2016; this is abridged version of article in Ideas for India, December 18, 2016)
· Demonetization: A closer look (Business Standard, 13 November, 2016; this is abridged version of article in Ideas for India, 13 November, 2016)
· Recapitalizing the public sector banks by disinvesting in the RBI: Right and wrong (MINT, July 8, 2016; this is abridged version of article in Ideas for India, May 9, 2016)
· The Lacuna in the Real Estate Bill (The Wire, March 3, 2016)
· Fiscal deficits and growth slowdown (Mint; this s abridged version of article in Ideas for India, February 17, 2016)
· The RBI Should Realize That Gold Does Not Always Glitter (The Wire, January 16, 2016)
· Does a housing investment pay at all? (Business Standard, July 29, 2014)
· The Sahara case: Punish the guilty but not the others (India Opines, March, 2014)
· Worried about the rupee? Buy an international credit line (Business Standard, November 28, 2011)
· You scratch my bank, I’ll scratch yours (Financial Express, October 22, 2011)
· India must bank less on regulation (The Business Line, June 18, 2009)
· On Pelf, Property and Price (Mint, July 12, 2007)
· What Needs to be Done (Mint, May 23, 2007)
· Real Development for Real Estate (Indian Express, June 6, 2006)
Other writings
· Should India have accepted the Dominion status in 1947? (August 24, 2017, The Dialogue)
· Heterogeneity of views, no problem! (June 17, 2017, The Dialogue)
· "Triple talaq" versus "hire and fire" (The Dialogue, March 22, 2017)
· Scarcity of faculty? Who says? (India Opines, December, 2015)
· Cars hit people sleeping on roads: The problem and the solution (India Opines, May, 2015)
· Laws, customs, and honour killings: A solution (India Opines, May, 2015)