Classical economics works on the principle that individuals are rational and make decisions to maximize their self interest. However in real situations, individuals face a conflict between rational and irrational selves leading to decision making that does not leave them better off. Libertarian...

This article examines how COVID-19 impacts migrant workers and what can be done for their equitable transition after the pandemic is subdued. The immediate policy response to the pandemic was closing of national borders that resulted in a state of emergency on a global scale. The need for...

The problems, policies and debates on the quality and access of research cannot be decoupled from higher education in an educational system like that of India where the impact of primary, secondary and higher education is sequential. The article traces the idea of education from the early Greek...

Automation impacts wage levels at the micro-level and the structure of employment at the macro-level. Job polarisation is defined as the automation of ‘middle-skilled' jobs that require routine cognitive and manual applications, whilst high- and low-skilled occupations are preserved. This...

Financial Inclusion is the process of enabling access to timely and adequate credit especially to the vulnerable sections of the society so as to bring them within the ambit of formal financial services. This paper attempts to understand financial inclusion within the broad spectrum of human...

The paper examines the evolving role of gold in the light of the current gold rush in India despite the worsening financial crisis across the globe and aggressive inflationary conditions. Economically, gold is a lucrative investment that consistently provides high rate of returns, a hedge...

One of the major characteristics of economic underdevelopment is the presence of poverty that feeds on layers of inequality. Though it appears that India has made great strides in ensuring economic growth expressed through its Gross Domestic Product and increase in per capita consumption, it has...

Behaviourally Induced Governance (BIG) Ideas presented to Her Excellency, Lieutenant Governor Dr. Kiran Bedi, Puducherry, India that charts out an alternate vision for effective governance of the Union Territory. Behaviourally Induced Governance (BIG) ideas are policy designs that are sensitive...

The paper sketches the history of environmentalism by tracing the contours of the post industrialised world. The pantheistic relationship between man and nature was seriously compromised and their interaction became complicated by increasing inequality and poverty of the working classes and the...

The consequences of unethical practices of firms have resulted in financial meltdowns affecting entire economies all over the world. This has incentivised regulators to think of novel approaches to incentivise ethical conduct of firms. Corporate governance and inducing ethical climate by policy...