Ashok Mitra, a Man who was Equally Committed Politically and
Personally
May 5th 2018. Jayati Ghosh
"Much has been and will be written about this extraordinary man…All these qualities, rare as they are, are even rarer in combination. But in this piece, I will present a more personal picture, from someone who saw him as a father figure and was privileged to know him well."
Ashok Mitra
May 3rd 2018. Prabhat Patnaik
A man of great wisdom, and generosity, scrupulously adhering to principles and willing to fight for them, but without any malice towards anyone, Ashok Mitra was a pillar of support for the Left.
Ashok Mitra
May 3rd 2018. Mohan Rao
"I do not believe any Obituary to Ashok Mitra will also recall his quest for gender justice…It was on the basis of his questions in Parliament and the response obtained that in 1998, the Supreme Court banned quinacrine sterilization."
The Gathering Storm Clouds
May 24th 2018, Prabhat Patnaik
The Indian Economy has all along been critically dependent upon the inflow of speculative finance to sustain its balance of payment. It now faces threatening prospects of a spiral as international crude oil prices and U.S. interest rates, that kept its import bill restricted, are on the rise.
The So-called "Consumers' Interest"
May 21st 2018, Prabhat Patnaik
The argument in the wake of the Walmart-Flipkart deal, that having large multinationals in the sphere serves consumers' interest not only ignores the plight of local producers but is also analytically unsound. "Consumers" are not an entity distinct from the displaced producers and will get affected adversely over time.
The Return of the Oil Threat
May 11th 2018, C.P. Chandrasekhar
As oil-producing countries, especially Saudi Arabia and Russia, stick to their reduced outputs and as Trump threatens to isolate Iran with sanctions once again, the spectre of high oil prices and the accompanying inflation seem very real.
Once again, the Oil Price Scare
May 22nd 2018, C.P. Chandrasekhar and Jayati Ghosh
As oil prices rise again, countries like India that had benefited from relatively low prices in recent years have to reconsider their growth and macroeconomic strategies.
Curbing Child Rape: Are we barking up the wrong tree?
May 11th 2018, Anamitra Roychowdhury
Raising the quantum of punishment in the face of public outrage will not work without fund allocation to improve police-civilian ratio and building judicial infrastructure.
 
BUDGET 2018 - 19
Budget 2018-19: No money where the mouth is
Feb 20th 2018, C.P. Chandrasekhar
Support for Budget 2018-19 is missing across the income and wealth spectrum. While the Finance Ministers' big talk backed with small money no longer fools the vulnerable, the governments' image of being "reformist" has also taken a hit among speculative foreign and domestic investors, as a reaction to the new tax reforms.
The Budget and Education
Feb 20th 2018, Jayati Ghosh
The thrust towards privatization in Budget 2018-19 is evident in the pattern of education spending, which has been brought down to less than 3.5 percent of the government budget, against a promise of 6 percent in the 2014 electoral campaign. So, any real changes are clearly expected to be financed by private participation, implying declining spread, reduced access, and increased inequality.
 
Symposium on Inequality in honour of A B Atkinson
Mar 23rd 2018.
Job Opening at Economic Research Foundation
Jan 31st 2018.


C.P. Chandrasekhar speaks on "Karl Marx's Capital & the Present"
Sep 30, 2017

The fourth lecture, titled ‘Karl Marx's Capital & the Present’, was delivered on 30th September, 2017 at the India Habitat Centre in New Delhi. In this, the professor talks about contemporary insights that can be drawn from Das Kapital after 150 years of its publication.
 Third Lecture >>  Second Lecture >> First Lecture >>
The Question of Farm-Loan Waiver
Jun 23rd 2017, Prabhat Patnaik
The primary reason why loan-waiver is being demanded at present is not an output fall owing to any natural calamity. It is the price-fall on account of the bumper harvest that underlies this demand. It is the breaking down of an appropriate institutional mechanism that is responsible for the peasants’ distress and periodic demands for loan-waivers.
 

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