The Unknown Economist: Baba Saheb

Although most of us juxtapose his name with the Dalit Buddhist Movement and recognise him as the principal architect of the Constitution of India and a founding father of our republic, little do we know about his role as a premier economist of the country in his era. Colloquially known as Baba Saheb, Bhimrao Ramji…

The Unknown Economist: Baba Saheb

Although most of us juxtapose his name with the Dalit Buddhist Movement and recognise him as the principal architect of the Constitution of India and a founding father of our republic, little do we know about his role as a premier economist of the country in his era. Colloquially known as Baba Saheb, Bhimrao Ramji…

ALL-PAY ACTION

Meaning-An economic and game theory concept in which participants place silent bids on a particular item. Unlike a standard auction, all-pay auction has everybody pay for their bid, regardless of whether they win the item being sold. Just like a conventional auction, the highest bid wins the item. All pay auction can be of different…

“GDP GROWTH SLOWED TO A THREE-YEAR LOW.” WHO IS TO BLAME?

Accusing the ruling government for the fallout of Demonetisation may not hid behind the fact that people somehow found a way out for converting their black money into white. “As the Demonetization progressed and the monies were deposited, it was quite clear that people found ways and means, legitimately or otherwise, to get the money…