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Posts by Maitreesh Ghatak

इस साल के अर्थशास्त्र नोबेल की दास्‍तान

इस पोस्‍ट में मैत्रीश घटक इस बात पर विचार-विमर्श कर रहे हैं कि कैसे रैन्डमाइज्ड कंट्रोल ट्राइयल्स (आरसीटी; यादृच्छिकीकृत नियंत्रित परीक्षणों) को — जिसके प्रयोग की अगुआई इस वर्ष के अर्थशास्‍त्र में नोब...

  • दृष्टिकोण

What lies behind this year's economics Nobel

In this post, Maitreesh Ghatak discusses how randomised controlled trials – the use of which was pioneered by this year’s economics Nobel Laureates, Banerjee, Duflo, and Kremer – have been succe...

  • Perspectives

‘न्याय’ विचार-गोष्ठी: गरीबी के दीर्घकालिक समाधान के बजाय उपयोगी 'प्राथमिक उपचार'

लंदन स्कूल ऑफ इकनॉमिक्स के अर्थशास्त्र के प्रोफेसर मैत्रीश घटक का तर्क है कि न्याय द्वारा जिस तरह के नकद अंतरण के बारे में सोचा गया है, उससे जीवन निर्वाह के हाशिए पर जी रहे गरीब लोगों को कुछ राहत और स...

  • दृष्टिकोण

NYAY e-Symposium: Not long-term solution to poverty but useful ‘first-aid’

Maitreesh Ghatak (Professor of Economics, London School of Economics) contends that a cash transfer, as envisaged by NYAY, will provide some relief and a safety net to the poor living on the margins o...

  • Perspectives

Can Rahul Gandhi’s minimum income guarantee proposal work?

Congress president Rahul Gandhi has promised a minimum income guarantee scheme for the poor if the party is voted to power in the upcoming elections. Discussing the proposal and associated concerns, P...

  • Perspectives

The big bank theory

The Indian banking system is saddled with non-performing and stressed assets, which currently constitute about a quarter of all assets. In this post, Maitreesh Ghatak argues that while there are valid...

  • Perspectives

Union Budget 2018: Unpleasant arithmetic and the art of the possible

In this article, Maitreesh Ghatak contends that while the Union Budget 2018-19 deserves some praise for signalling priorities given the constraints, it disappoints in terms of its vision of reforms.

  • Perspectives

Why 'free' speech is not always 'costless'

A recent CBI raid at the premises of the owners of NDTV has sparked off yet another round of debates about freedom of the media, the spectre of authoritarianism, and freedom of expression in India. In...

  • Perspectives

Free speech and the rule of law

In this article, Maitreesh Ghatak, Professor of Economics at the London School of Economics, argues that the fight over freedom of expression in India is a shadow fight; the real fight is about preser...

  • Perspectives

The dangers that lie beneath India's IT layoffs

The ongoing layoffs in India’s IT sector are at a scale that has not been seen since the global financial crisis of 2008. In this article, Maitreesh Ghatak, Professor of Economics at LSE, contends t...

  • Articles

Notes ban: Modinomics vs. Moditics

Maitreesh Ghatak, Professor of Economics at the London School of Economics, contends that while the ban on high-denomination currency notes is bad economics, it is a brilliant political move.

  • Perspectives

Nobel prize in Economics 2016: The economy as a nexus of contracts

An important line of research in microeconomics has tried to explain how the economic institutions that underpin the ‘invisible hand of the market’ actually work. The specific economic institution...

  • Perspectives