India Macro and Consumption

India took the path of a socialist economy after independence in 1947. The policies tended towards protectionism, strong emphasis on import substitution, state regulated industrialisation and a dominant public sector. But India started having large fiscal deficit problems starting 1985, …

Should We Celebrate Failure?

Recently, I came upon a report in a newspaper that argued that we should celebrate failure. Quoting an entrepreneur, it lamented that we are obsessed with just a few popular startups. We should pay attention to failures too. “How about …

Stay Hungry, Stay Foolish

We live in exciting times. Not a day passes without some breathtaking progress in disruptive technologies — artificial intelligence, 3D printing, self driving cars, automation, genetics, alternative energy, sensors, data analysis. These areas promise to change our lives. It’s a …