Good news: The Rich are spending

Data shows India’s top 10% in brisk consumption mode. Trend will likely hold post-festivals Neelkanth Mishra | Oct 19, 2021, 19:14 IST This appeared in the Times of India on October 20, 2021 (link). Our mobility-based estimate of GDP suggests the rate of output last fortnight was where it would have been had there been … Read more

Too much of a good thing

Written by Neelkanth Mishra | October 14, 2021 3:01:28 am This appeared in the Indian Express on 14 October 2021 (link). To imitate and to conform — do what others around us are doing — are common and very powerful human tendencies. Scientists ascribe the evolutionary success of these traits to benefits accruing to individuals … Read more