Ten economic predictions for 2022

Predictions

“Prediction is very difficult, especially if it’s about the future” is a famous quote attributed in different forms to people ranging from Niels Bohr, the great physicist and Nobel Laureate, to Yogi Berra, the all-time great baseball catcher. But, that has never deterred predictions, especially economic predictions, as a universal beginning-of-the-year pastime. Continue reading “Ten economic predictions for 2022”

Best Books on Keynes

Keynes on the cover of TIME

No other economist would have probably had more books written on his life than John Maynard Keynes. I am currently reading, slipping in time whenever I can, a recent book by Zachary D. Carter, “The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes” (Random House, New York, 2020). I hope to able to write a brief review of the book soon. Continue reading “Best Books on Keynes”

Shiller’s Narrative Economics

Robert Shiller starts one of his lectures writing “RITUPARNA” on the board, asking the students who it was. Nobody knew. In Mahabharata, King Rituparna gave Nala, disguised as Bahuka, his charioteer, an estimate of the leaves and fruits on the branches of the Vibhitaka tree, and those on the ground. Nala counted and confirmed the estimate. Rituparna would teach Nala the art of gambling in exchange for the skills of a charioteer. Continue reading “Shiller’s Narrative Economics”

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