Navigating Challenges: Immigration, Abortion, and Their Effects on U.S. Growth
Immigration has been a growth driver. Liberal abortion laws have led to reduced crime rates over time.
Nilanjan Banik
Professor, Mahindra University, India. Ph.d. in Economics from Utah State University, USA, and a Master of Economics from Delhi School of Economics, India.
Aspirations and Economics at the Crossroads: Trump and Harris on Taxes, Immigration, and Labor
The recent presidential debate between Donald Trump and Kamala Harris focused on their plans for addressing American aspirations. Trump, backed by corporations, aims to cut corporate taxes but faces opposition on tariffs. Harris targets small businesses and consumers with tax breaks and housing initiatives. Immigration policies and labor shortages also emerged as key issues.
The Golden Rush: Why Central Banks Are Stocking Up
In addition to an uncertain global landscape, which is marked by conflicts such as war, a major factor behind the central banks' rush for gold could be the accelerated pace of de-dollarisation.
The Plight of Small Farmers in India: Income Disparity and the Need for Reform
Farmers’ unions in India are demanding higher wages and minimum price support, among other provisions. The Indian government’s approach to agriculture, including non-legally-binding minimum price support for crops and loan waivers have been met with mixed reactions from farmers and experts.
Diving Deep into Data for Policy Insight
On the third day our first speaker, Prof Nilanjan Banik, Professor and Program Director (BA, Economics and Finance), Mahindra University, Hyderabad; Visiting Consultant, IMPRI, commenced with an exploration of the fundamental question: why engage in data analysis? The discussion delved into the significance of two-sample and one-sample analyses and emphasized the importance of choosing an appropriate outcome variable based on the research objective.
The Danger of Cartels Forming in Various Sectors Post-Covid
In the US, there is the concept of measuring the consumer feel-good factor through inflation expectation. If the consumer feels that inflation is likely to ease, they feel good about it and do not mind paying higher prices for cartels in the short run. In fact, the consumer settles for a higher price, and the business decides on a higher nominal wage.