This was one of the more insightful editions for me.
RSJ's piece clarified why unicorn valuations and daily dose of bigotry co-exist in headlines. The very perceptive party machinery fine-tunes its messaging to cater to both Indias, hence the strange cocktail of fintech and vigilantism.
PK's piece about the enemy put into words, what I felt for so long. Fahmida Riyaz's poem 'tum to bilkul hum jaise nikle' comes to mind. It's strange that the de-hyphening and pivot towards China are accompanied by a weird and growing determination to emulate the worst features of our Western neighbour. If it goes on unchecked, it doesn't bode well for our future.
A request: Schnabel's talk in the Homework section raises questions about Central Banks' role in growth-inequality debate with their assets purchase programs/QE. I would love your take on central banks' post-2008 presence in the financial markets.
For all the hype around startups, their potential market is only 40-50 million people. Its impossible to generate enough revenues and profits from such a tiny base to support these billion dollar valuations. Maybe we are heading towards a dotcom bubble like crash in the near future.
Is there a simplified layman readable pie-chart available showing the annual expense of the government? I want to get an idea about how the government is spending my tax contribution.
In other words, I want something like what my enthusiastic Resident-Welfare-association(RWA) treasurer sends during the annual general body meeting. I get non-trivial insights like 30% of my RWA contribution paid for water tankers, etc.
Most budget analyses pieces use this document as a starting point. Open Budgets folks do a great job of visualising this data. https://union.openbudgetsindia.org/en/
Thanks once again. I am also looking for opinions and debates and name-callings and trolling and passionate-arguments on the topic of what expense should be reduced and what should be more. Just like it happens in my RWA chat boards.
This was one of the more insightful editions for me.
RSJ's piece clarified why unicorn valuations and daily dose of bigotry co-exist in headlines. The very perceptive party machinery fine-tunes its messaging to cater to both Indias, hence the strange cocktail of fintech and vigilantism.
PK's piece about the enemy put into words, what I felt for so long. Fahmida Riyaz's poem 'tum to bilkul hum jaise nikle' comes to mind. It's strange that the de-hyphening and pivot towards China are accompanied by a weird and growing determination to emulate the worst features of our Western neighbour. If it goes on unchecked, it doesn't bode well for our future.
A request: Schnabel's talk in the Homework section raises questions about Central Banks' role in growth-inequality debate with their assets purchase programs/QE. I would love your take on central banks' post-2008 presence in the financial markets.
Regards,
Sunil
There are multiple takes on this topic by RSJ. Linking some here:
https://publicpolicy.substack.com/p/77-the-inflation-conundrum-
https://publicpolicy.substack.com/p/69-abe-yaar-lessons-from-japanification
https://publicpolicy.substack.com/p/71-liberalism-and-central-banking
For all the hype around startups, their potential market is only 40-50 million people. Its impossible to generate enough revenues and profits from such a tiny base to support these billion dollar valuations. Maybe we are heading towards a dotcom bubble like crash in the near future.
I love every time Xi is 11 in podcast and no one corrects it :D
Is there a simplified layman readable pie-chart available showing the annual expense of the government? I want to get an idea about how the government is spending my tax contribution.
In other words, I want something like what my enthusiastic Resident-Welfare-association(RWA) treasurer sends during the annual general body meeting. I get non-trivial insights like 30% of my RWA contribution paid for water tankers, etc.
of course, there is. For the union government, check this: https://www.indiabudget.gov.in/doc/Budget_at_Glance/budget_at_a_glance.pdf
Thanks Pranay. If you have ever written a commentary on this document (or somebody you know has), can you please point me to that as well.
The presentation looks great.
Most budget analyses pieces use this document as a starting point. Open Budgets folks do a great job of visualising this data. https://union.openbudgetsindia.org/en/
Thanks once again. I am also looking for opinions and debates and name-callings and trolling and passionate-arguments on the topic of what expense should be reduced and what should be more. Just like it happens in my RWA chat boards.