What is the Monetary Value of Life?: The Cost-Benefit Analysis Conundrum in Coronavirus Lockdowns

In recent months as governments have responded to COVID-19 in different ways, and especially as the toll of global lockdown on the world economy and on India is slowly being felt, some questions arise. Millions have lost their jobs, millions others have been reduced to poverty, unable to meet even their basic necessities, raising theContinue reading “What is the Monetary Value of Life?: The Cost-Benefit Analysis Conundrum in Coronavirus Lockdowns”

The Indian Unemployment Concern: We Do Not Have Enough Risk Capital

When a major emerging economy grows significantly, you would expect that job growth would follow, however, this hasn’t been the case in India. Between 2016-2019, India’s GDP growth was 27% but its net job growth was only roughly 3%. Unemployment in India had been on the rise, and in fact, due to COVID-19, the situationContinue reading “The Indian Unemployment Concern: We Do Not Have Enough Risk Capital”

Stoicism and Marcus Aurelius: Lessons from a Roman Philosopher-King for Living the “Good Life”

The “Last Good Emperor” of Rome, Marcus Aurelius, was quite literally the most powerful man in the world when he was alive (in the latter half of the 2nd century CE) being at the helm of the Roman Empire at it’s peak, one of the greatest civilisations the world has ever known. Having in hisContinue reading “Stoicism and Marcus Aurelius: Lessons from a Roman Philosopher-King for Living the “Good Life””

Russell Conjugation and Political Polarisation: The (Emotional) Elephant and it’s (Rational) Rider

The Elephant and The Rider The psychologist Jonathan Haidt uses a helpful analogy for thinking about the relationship between reason and emotion in human behavior, arguing that we have two sides: an emotional side (the Elephant), and an analytical, rational side (its Rider). Haidt’s analogy has it that the Rider is rational and can, therefore,Continue reading “Russell Conjugation and Political Polarisation: The (Emotional) Elephant and it’s (Rational) Rider”