This article reviews beer production, consumption and the industrial organization of breweries throughout history. Monasteries were the centers of the beer economy in the early Middle Ages. Innovation and increased demand later induced the growth of commercial breweries. Globalization and...

In his early years, B S Minhas, who passed away recently, enriched economics with his valued theoretical contributions that are today an integral part of economic literature. These were both acknowledged and challenged by the giants of economics at that time. On his return to India, realising...

A fresh wave of globalisation since the early 1990s has created both hope and despair. Failure of state has reaffirmed faith in market based institutions. Expansion in trade across national borders and opening the national markets to the world is recommended for speedy and sure economic growth....

This paper aims to demonstrate that the economic behaviour of ordinary men and women in the pre-colonial Deccan was as much ‘capitalistic’ as that of similar agents in contemporary Europe. The difference in the economic trajectories of the two societies can be reduced to different...

India was a major player in the world export market for textiles in the early 18th century, but by the middle of the 19th century it had lost all of its export market and much of its domestic market. India underwent secular deindustrialization as a consequence. While India produced about 25...

It is suggested that there are several aspects of the social exclusion approach that are valuable in both the UK and developing country contexts. A summary of research on the intergenerational transmission of disadvantage drawing especially from work on the UK birth cohorts of 1958 and 1970....

Commenting on recent research articles which look at the potential health benefits of behaviour change, the PLoS Medicine Editors say that publication of the findings of such research is only one part of the behaviour-change process.

Whether there should be transparency in political finance? Whether there should be a control over the money that the political parties are receiving?

Government corruption is more prevalent in poor countries than in rich countries. This paper uses cross-industry heterogeneity in growth rates within Vietnam to test empirically whether growth leads to lower corruption. The analysis uses survey data collected from over 13,000 Vietnamese firms...

Deforestation in developing and middle income countries is an urgent global problem, affecting climate change, soil erosion, major river basins, and livelihoods of poor households living near the forests. Public discussions of the problem are frequently dominated by widely held beliefs...