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Legal Impediments in Legalizing Gambling in India

The recent headlines in the newspapers that the two men were apprehended by the Delhi police. These men were found to have illegally entered the Arun Jaitley Stadium during the match of Rajasthan Royals versus Sunrisers Hyderabad. This has...

Scientists opening a briefcase in the lab

Finanomics – Economics of Patents

In last week's edition of Finanomics, I wrote about the need for the waiver of patents for vaccines as well as other covid-related innovations, as that could help end the covid-19 pandemic sooner. Since the last week's post went...

Covid Vaccines / Corona Vaccines

Finanomics – All About Vaccines

“How much is it for?” On 19th April 2021, the Government of India put out a statement announcing that all individuals above the age of 18 will be eligible to get vaccinated from 1st May 2021. A move that...

Finanomics – Passports and Unicorns

Vaccine Passports Something New The pandemic has enabled ideas and solutions that we would have never imagined in a world without Covid-19. Mandatory isolation, quarantine, lockdown, curfews or stay at home orders, tracking applications (like Arogya Setu), covid bubbles...

New York Stock Exchange in Manhattan Finance district. View of the building in the sky

The one economic idea everyone’s wrong about

Had India chosen the “old economics”, we would’ve been content with greater GNP. Had we chosen “New Economics”, we would’ve been content with growth with social equality. But we have chosen “no economics”, where "ideology matters most”.

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Finanomics – Mo Money Mo Problems

Inflation Targeting The inflation target set in August 2016 was set to end on 31st March 2021 as the 5 year period came to an end. The target of inflation through these 5 years was 4% inflation with 2%...

person taking photo of the qr code

Big Tech Versus Gig Workers

The problem that arises is that people who are part of the gig economy are not technically recognised as "workers". Therefore, various statutes of the State Government and the Central Government are not applicable to them. This leaves us...

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