ECONOMY

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Dear Mr Rajan, No Wonder The Crony Capitalists Are Rooting For You

Why is it that the corporate class is backing you, Mr Rajan? The doyens of the business class say that you have made India proud, having been chosen as the world's best central banker of the year. They say that you have controlled inflation; that you have saved the Indian economy from the depredations of international volatility. But what the corporate class has left unsaid is that it wants you to continue because you have provided corrupt business houses protection from the long arms of the law.
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Surge Pricing Is Unfair, Unethical And Unconstitutional

The surge prices charged by app-based cab services like Uber and Ola represent capitalism in its most brutal form. The message here is, "more power to the free market, leave no space for government's intervention, price regulation is an obstacle to growth, eventually leads to rationing, just let the demand and supply decide prices." So, let's apply surge pricing to hospitals. Limited beds, too many patients? Increase the price. What happens? The rich get the beds, the poor die.