Big government is what The Economist told us to expect at the start of the Covid-19 pandemic in 2020. It anticipated greater government intervention, of course, as there should be in the case of a health emergency that Covid-19 has turned out to be. But it also anticipated government mandates, use of contact-tracing as a… Continue reading State vs the Market in a Pandemic Economy
While reading an article by Theodore Levitt titled Marketing Myopia, I came across a reference to Peter Drucker’s Principles of Management and Concept of a Corporation and I thought I must read them. Principles of Management was not available on Amazon India, but there was Practice of Management, also by him. Concept of a Corporation… Continue reading Peter Drucker and Today’s World of Work
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As we come to the end of the second pandemic year, we are being forced to confront the same old ugly reality: rising inequality. Come to think of it, we have had to live with this for the past couple of decades and more. And despite two massive crises of a global nature – the… Continue reading Coming Soon: The Revolt of the 90%
The last thing the world needs, as it struggles to control the pandemic and revive economies, is another war or attack on another country’s sovereignty. Yet, for the past couple of months all one has been reading and hearing in the media – particularly international media – is about geopolitical tensions coming to a boil.… Continue reading Geopolitical Tensions, a Red Herring
It’s been a while since I wrote on the Indian economy and since our second quarter GDP news was released just a fortnight ago, I thought it might make sense to consider this news as well as other issues looming on the horizon. Which is why this piece is not so much about the Q2… Continue reading The Three Es of India to Look Out For in 2022
Hello readers. In what is the last of my Ovid in the Time of Covid blog posts, I wish to focus on looking ahead at the time of change. The Covid-19 pandemic is still in our midst, and despite the efforts of the medical and scientific community, it is mutating and spreading ever faster. The… Continue reading Ovid in the Time of Covid: Time of Change
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Going by the past record of UN Climate Conferences, the latest one that concluded in Glasgow a few days ago was no different. It was a repeat of the same old discussions, the same sticking points, the same contentious issues, and finally the usual watered-down statement that is palatable to all. That is because it’s… Continue reading Why COP26 Is a Missed Opportunity
In this month’s Owleye column, only the second since I began writing it last month, I would like to focus on China and its huge debt crisis, which leads to several other problems within its economy. While the debt crisis in China isn’t new (the earliest news reports of its looming debt problem surfaced in… Continue reading China’s Debt Crisis Reflects Deep Problems Within
Peripatetic Perch 