Posts Tagged Economics

Rise in prices distorts economic logic

Rising prices make him happy ! rice rise seems to evoke different feelings from the aam aadmi and the Prime Minister. The aam aadmi does not understand the economics of the Prime Minister, for whom rising prices are happy boding. The PM and his team of international economists (less national than international)  see high growth […]

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Death of a powerful idiom (ek muhaavare ki akaal mrityu)

The Reserve Bank Of India (RBI) has consigned to history the 25 paise coin, called in public parlance as “chavanni”. The coin is no more a legal tender. Can the idiom “chavanni chhaap” survive this economic assault on linguistic usage? The mandarins of the RBI are rich men and women, a part of the global […]

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