The American economic response to the COVID-19 crisis has been lauded by many on the world stage, but what exactly are the implications of their ambitious stimulus package? America has spent or plans to spend roughly 7% of their GDP in stimulus to revive their economy, similar to many packages being discussed here in IndiaContinue reading “America Can Print More Money (And Get Away With It)”
Author Archives: Akshan Toshniwal
The Ventilator Crisis: Survival Through Lottery?
When we strip ourselves of emotion, thought, technology, language, culture; everything that separates us from even our most intelligent primate cousins, we are left with a shared primitive intuition; the survival instinct. Ultimately, everyone must fight for survival in different ways, and seek social status due to the social Darwinism inherent in society. It’s aContinue reading “The Ventilator Crisis: Survival Through Lottery?”
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”
Ad Hominem Politics: We Don’t Have A Healthy Political Discourse
There will always exist a dispute amongst two or more parties in politics with a different set of beliefs, and with that will always exist partisanship. However, a democracy allows for the fruition of debate and argument to put that dispute to a rest by the majority’s vote. Yet this vote can be manipulated withContinue reading “Ad Hominem Politics: We Don’t Have A Healthy Political Discourse”