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The women scientists behind India's Moon Mission Chandrayan 2 and the Space Agency's Mr. Sivan
09/08/2019
Linked Articles
Chandrayaan-2: The men and women behind India’s Mission Moon
The Indian Express 09/08/2019
From Tamil Nadu’s fields to space: Isro chief K Sivan’s journeyHindustan Times 09/08/2019
The shift away from coal in China and the Rest of the World excluding India
06/15/2018
Linked Articles
Coal isn’t safe even its two big growth markets – India and China | Opinion
https://www.hindustantimes.com/ 06/15/2018
Fading Coal Industry in China May Offer Chance to Aid ClimateNew York Times 09/21/2015
India's foreign relations in 2018 after the Wuhan Summit - a close relationship with the U.S. balanced by good relations with China and Russia
06/05/2018
Wuhan Summit
Linked Articles
Chinese, Indian Leaders Seek Harmony After a Fractious Year
WSJ 04/26/2018
Why India avoids alliancesThe Economist 06/02/2018
Do tax cut benefits go mainly to the 10% of Americans who own 84% of the stocks- evidence of corporate buybacks vs increasing wages/new capital investment for growth to help the middle class
03/01/2018
Linked Articles
Boom in Share Buybacks Renews Question of Who Wins From Tax Cuts
WSJ 03/01/2018
Tax Cuts Benefit the Ultra Rich, but Not the Merely RichThe New York Times 12/19/2017
Two views on populist politics in the U.S. and Europe in 2017- getting started or at their crest and declining
04/25/2017
Linked Articles
Populism, Far From Turned Back, May Be Just Getting Started
The New York Times 04/25/2017
After French Vote, Mainstream Europe Breathes a Sigh of ReliefThe New York Times 04/24/2017
Donald Trump and lack of transparency with undisclosed tax returns
08/16/2016
Linked Articles
How Much Does Donald Trump Pay in Taxes? It Could Be Zero
The New York Times 08/11/2016
Mark Sanford: I Support You, Donald Trump. Now Release Your Tax Returns.The New York Times 08/15/2016
U.S. president Obama and prime minister Narendra Modi of India- forging a new chapter in relations
06/06/2016
Linked Articles
President Obama and India’s Modi Forge an Unlikely Friendship
The New York Times 06/06/2016
A renewed U.S.-India partnership for the 21st century - The Washington PostWashington Post 09/30/2014
The EU's evolving relations with Turkey in 2016- Germany's Merkel and the Erdogan government reach an agreement on refugees in March 2016
03/07/2016
Merkel facing populist pressures and opposition from the CDU to accepting more refugees tries to get Turkey to stem the flow and send refugees back to Turkey. The Erdogan government with its own problems and seeking a closer relationship with the EU following the Russian bombing of the Turkmen in Syria and shooting down of a Russian plane approves the agreement.
Linked Articles
Stakes Are High for Germany’s Angela Merkel in Success of New Migrant Deal
Wall Street Journal 03/24/2016
Turkey Places Conditions on E.U. for Migrant HelpNew York Times 03/07/2016
The Chinese market in 2015 and pitfalls for Yum Brands and its KFC, Pizza Hut stores in China
10/21/2015
Rapid growth and then a public scare with media reports of falling quality standards hurt KFC outlets. Local Chinese and Taiwanese brands offer more options at the higher and lower ends of the price range. Other European competitors partnering with local Chinese companies offer better value and quality upscale hurting Pizza Hut stores. And suddenly the whole landscape has changed for Yum Brands in China. It shows the Chinese market is no place for the complacent, that the discriminating tastes of consumers and search for healthier alternatives is taking place in China, India and other developing countries, just as much as it is in the U.S.
Linked Articles
China Isn’t the Easy Market It Once Was for Fast-Food Chains
Wall Street Journal 10/21/2015
Yum Brands to Split Off China BusinessWall Street Journal 10/21/2015
2016 U.S. presidential candidate Jeb Bush's Tax Plan that spells out details, and takes a shot at 4% growth for restoring lost social and economic mobility in the U.S.
09/09/2015
The efforts to wrestle with the deficit in 2011-2012 led to a vigorous debate on changing the tax code, yet political leaders failed to take up new ideas or spell out the details. Jeb Bush, with advisors Martin Feldstein and Kevin Warsh, takes the unconventional approach of putting in the details, and taking up ideas such as the idea of limiting itemized deductions to 2% of adjusted gross income proposed by Feldstein in that debate. On the $2.1 trillion in income held overseas by U.S. companies Bush proposes 8.75% tax paid over 10 years. On business investment he proposes capital investment be allowed to be deducted in full immediately. It is based on the idea that business investment can drive a vigorous recovery, that workers bear 50% of the burden of higer taxes through sluggish wage growth. It levels the playing field for debt and equity capital, removing "carried interest" provision, as a lesson from the excessive leverage taken by financial institutions in the past.
Linked Articles
Wall Street Journal 09/10/2015
Jeb Bush Tax Plan Makes Forays Into PopulismNew York Times 09/09/2015
Economic changes in the first year of the Modi administration in India- groundwork for 2016-2018
05/23/2015
Linked Articles
Economist 05/23/2015
How to run a continentEconomist 05/23/2015
Ban on election advertising on commercial television and radio in Britain and strict limits of $29.5 million for each party in general elections- contrast with the U.S.
05/02/2015
Britain disproves the popular belief that an ever upward trajectory for election spending is inevitable. The 2010 general election in Britain cost half that of the 1880 general election in 2002 prices, say researchers. In the U.S. spending has increased to the point where candidates may be spending more time fund raising than talking about the issues. The 2016 presidential election in the U.S. is estimated to lead to $10 billion in spending. India, Brazil, and other developing countries face a similar situation.
Linked Articles
Britain’s Campaign Finance Laws Leave Parties With Idle Money
New York Times 05/04/2015
F.E.C. Can’t Curb 2016 Election Abuse, Commission Chief SaysNew York Times 05/02/2015
What Greece won in the negotiations and what Greece lost in the failure of talks with the EU, capital controls, closing of banks and the referendum on July 5, 2015
02/27/2015
Major concessions were won by Greece on the most important issues of the surplus, and the size of the public sector with high unemployment. Compromise was being reached on the value added taxes and age for getting pensions, next down the list. Next on the list were pension cuts which undoubtedly would hurt pensioners but in the larger picture of the economy would come after the size of the surplus and dateline, and the size of public sector. The size of these cuts is small compared to the cost of 60 billion euros from the damage done to the economy, and the alternatives for pensioners and the rest of the country. under bank closure. For the EU this was seen as part of pension reforms and for left leaning Syriza compromising on behalf of pensioners.
Linked Articles
IMF Raises Referendum Stakes With Call for More Aid for Greece and Debt Relief
Wall Street Journal 07/03/2015
What Greece WonNew York Times 02/27/2015
India's proposed Higher Education Commission to monitor quality in education
07/20/2018
Linked Articles
https://www.hindustantimes.com/ 07/20/2018
The draft higher education Bill needs some tweakinghttps://www.hindustantimes.com/ 07/20/2018
India's general election in 2019- performance and flaws of the Modi government
06/05/2018
Differing views of the Modi government, views of the middle class hurt by demonetisation uncertainty from Dhume and views representing the interests of the rural, lower income and other part of the middle class from Arvind Panagriya. Some of the changes brought about by the Modi government reflecting the vision of Mahatma Gandhi for fundamental change from the ground up in the villages and rural parts of India- health and sanitation, access to bank accounts, access to health care- coupled with Nehru's vision of modernization using the technologies of the twenty first century.
Linked Articles
Times of India Blog 06/05/2018
Modi government at four years: It has pushed through a range of structural reforms whose results will showTimes of India Blog 05/30/2018
Lessons for India, Mexico and China from the failures in Brazil
04/03/2018
Linked Articles
These Developing Countries Are Getting Old Before They Get Rich, with Dire Consequences
WSJ 04/02/2018
Yellow Fever Circles Brazil’s Huge CitiesThe New York Times 03/05/2018
Is the growth boom that supports the case for 2017 tax cuts skewed to higher income Americans based on evidence?- views of Greg Ip (WSJ) and Krugman (NYT)
12/20/2017
Linked Articles
Corporate Tax Cut as Growth Elixir? Foreign Experience Suggests Caution
WSJ 05/01/2017
Opinion | Passing Through to CorruptionThe New York Times 12/18/2017
Trump's business empire- overleveraging, debt, excessive risk, and shrouded in mystery, what the WSJ calls "a narrow escape"
08/20/2016
The business dealings of Trump do not reveal the wisdom and financial best business practice that will be needed to get the middle and working class in the U.S. back on its feet, and to build the country's infrastructure and defense needs.
Linked Articles
Trump and His Debts: A Narrow Escape
Wall Street Journal 01/04/2016
Trump’s Empire: a Maze of Debts and Opaque TiesThe New York Times 08/20/2016
Speaker Paul Ryan's House seat in Janesville, Wisconsin- improving economy in a U.S. midwestern factory town and the debate on trade, help for working class families
08/10/2016
The unemployment rate in Janesville, Wisconsin drops to 4.4% in May 2016, according to the Bureau of Labor Statistics. It was over 9% following the closing of the GM plant and the recession from the 2008 financial crisis. A working class town Janesville was hit hard by the closing of the GM plant in 2008. Amy Goldstein of the Washington Post describes the impact of losing about 5000 jobs at the GM plant, and the problems typical of most manufacturing dependent towns. Throughout the period since being first elected to Congress in 1998 Ryan has continued to be able to get elected on the basis of faith, family and public service, even though some of his policies may not have helped the poor and elderly or laid off workers. Ryan voted for rescuing the auto industry and worked hard to keep the GM plant, and listens to his constituents, and as the economy recovered by 2016 won easily in this old industrial midwestern town. His influence in national politics gives Janesville an opportunity to be heard, as it tackles problems common to many midwestern towns in the U.S.
Linked Articles
Could Paul Ryan’s ideas help his struggling home town? - The Washington Post
Washington Post 08/19/2012
Paul Ryan beats outsider 'mini-Donald Trump' challenger in Wisconsin primaryThe Guardian 08/10/2016
Donald Trump's proposal for 45% tariff on China's exports to the U.S.- how a policy of bringing jobs home could lead to the loss of 1 million U.S. jobs
03/08/2016
By damaging the international trading system including with allies such a Canada, Britain, France and Germany, the result of a downward spiral through higher tariffs in other countries, could end up costing the U.S. 1 million jobs. Under such a system the U.S. would lose many of the advantages of its booming tech sector, its tech driven global advantages in many industries, without signifcant gains in low cost imports such as clothing which would simply migrate to other countries such as India. The problem of worker wage stagnation in the U.S., and loss of jobs in certain sectors, is very real, but this is the wrong way to tackle the problem. China is already moving towards a consumer driven economy. Economists show that trade with Mexico would be seriously hurt both ways, creating more pressure of migrants at the border under such proposals as a 45% tariff and its indirect effect on Mexico, when the actual fact is that net migration from Mexico is the lowest it has ben in decades. Politics can do strange things as when two senators Smoot and Hawley from agricultural states Utah and Oregon, at the head of important committees in the U.S. Congress pushed and passed legislation for a 60% tariff in 1930 for the industrial sector they had no idea about. When Smoot and Hawley lost reelection in 1932 they left behind a lot of damage, especially for the farmers and workers they thought they were fighting for.
Linked Articles
How Trump’s Hard Line on Trade Could Backfire
Wall Street Journal 03/25/2016
Can Trump Start a Trade War?Wall Street Journal 03/08/2016
China and India at the Paris climate change talks
12/09/2015
Linked Articles
As U.S. and Europe Pass the Hat at Climate Talks, China Clings to Developing-Nation Status
New York Times 12/09/2015
For Indians, Smog and Poverty Are Higher Priorities Than Talks in ParisNew York Times 12/09/2015
Jeremy Corbyn and the proposal in 2015 for a National Investment Bank in Britain to make investments in education, health services and infrastructure
09/11/2015
A new leader of the Labor Party in Britain proposes a National Investment Bank. Some of the funding would come from an estimated 20 billion pounds of tax debt, 20 billion pounds in tax evasion, and 80 billion pounds in tax avoidance, according to experts in the Labor Party. Corbyn says he would reverse the introduction of fees for university education by previous Labor governments and has publicly apologized for the fees. The fees plan would cost about 7.1 billion pounds and be paid for by a 2.5% increase in the corporate tax, slower deficit reduction or increase in the insurance tax, says Corbyn. Germany continues to provide free university education.
Linked Articles
Leftist Jeremy Corbyn elected leader of Britain’s Labour Party - The Washington Post
Washington Post 09/12/2015
Jeremy Corbyn, Unlikely Front-Runner for Labour Leader, Poised to Win Party VoteNew York Times 09/11/2015
Hillary Clinton's plan to change the way the capital gains tax works to encourage long term investors
07/27/2015
Under Hillary Clinton's plan the lower rates for capital gains tax would be introduced with a sliding scale at the highest tax bracket of 39.6%, with the rate gradually declining in year 4, and the rate not reaching the current rate of 23.6% (20% plus a 3.6% surcharge) till year 6 following the investment. Clinton calls it a way to restrain "quarterly capitalism," disincentivize "cut and run shareholders," and incentivize investors "to build companies." One unintended effect of this could also be the shift away from investments that do not support improving productivity levels, to investments that have a longer horizon and have a material effect on productivity growth. Especially considering the low productivity growth improvements in the last decade, as productivity growth will be needed to break out of a period of stagnant wages.
Linked Articles
Wall Street Journal 07/29/2015
Hillary Clinton Aim Is to Thwart Quick Buck on Wall StreetNew York Times 07/27/2015
Norway parliament's decision to divest holdings in companies 30% dependent on coal opens up debate on coal- (3) Coal India and the 1 billion ton target for 2020
05/14/2015
With about 300 million people without electricity, and India lagging behind Brazil and Indonesia in the percentage of population lacking electricity, the goal is to modernize the coal industry and increase production. This shows the different tradeoffs in less developed countries such as India, which face a completely different set of tradeoffs, and are moving in the opposite direction out of necessity. China is just entering a period after rapid modernization where the discussion about the tradeoffs is shifting, whereas India remains in a very different phase.
Linked Articles
Norway Will Divest From Coal in Push Against Climate Change
New York Times 06/05/2015
Indian Prime Minister Prods Coal MonopolyWall Street Journal 05/14/2015
The Obama administration's efforts on the Trans Pacific Partnership (TPP), after losing allies in Asia and Europe to the Asian Infrastructure Investment Bank
04/17/2015
The Obama administration pushes a free trade pact that includes the U.S., Canada, Mexico, Peru, Chile, Australia, New Zealand, Japan, Malaysia, Singapore and Vietnam. This free trade pact is now seen as a U.S. effort to counter China in the Asian region. India, UK, Germany, France, Italy and other European countries decided to join the Asian Infrastructure Investment Bank sponsored by China, on its merits, after the U.S. refused to join.
Linked Articles
TPP: Momentum on Trade Deal Bolsters U.S., Japan Efforts to Counter China
Wall Street Journal 04/17/2015
Lawmakers Introduce ‘Fast Track’ Trade Bill, Triggering Democratic DiscordWall Street Journal 04/17/2015
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