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In late 2007, the Shanghai stock market was going through a boom. A Professor of Economics was visiting China and there he learnt that everyone, everyone was expecting the stock market to crash after the Olympics in September 2008. In other words, they assumed the market to keep rising like a Diwali rocket till then, and then [...]
Gaurav non-Sabnis thinks that the use of the man-from-the-past technique in my Pragati editorial ”The Case for Freedom” was hackneyed. He is free to think so. He also thinks that my introduction was inaccurate. He is free to think so too as long as he doesn’t mind being mistaken.
Gaurav makes two errors - a misinterpretation and a factual [...]
Nilu wants to know why I support Meera Sanyal. He seems to have discerned that I support her from the fact that I have joined the Facebook group that says “Meera Sanyal for South Mumbai”. Can’t blame him for that, but I don’t only join Facebook groups when I support those causes. I join them [...]
Rishi wants to know how I can claim that the Presidential System underdelivers change, and Ritwik angrily objects to my claim that in the Parliamentary System, the Prime Minister can handpick legislators. Both of them have missed an important qualifier: popular.
Change is rare in any mature democracy. This is as it should be. Obviously, I [...]
Ganti says:
Lets give it an honest thought. Imagine a situation where gunmen/terrorists had taken a chawl in Bombay hostage instead of the Taj. What do you think would have been the nature of media coverage ?
If he is talking of the Indian media, then yes, they would have covered it almost as breathlessly as they [...]
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