Author Archives: rohitazad

Rising Inequality and the Global Resurgence of the Ultra-Right

[This is the text of a talk I gave at the New York University on May 8, 2017] What follows is a take on the rise of Hindutva in India from the lens of an economist. At the outset, let … Continue reading

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The Ponzi is On!

A more detailed analysis of the House of Debt as an article in the Hindu today. The Indian corporate sector is grappling with a severe bad debt crisis, and as a result, the banks (public sector banks) are increasingly getting … Continue reading

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Plurality in Teaching Macroeconomics

In the aftermath of the Great Depression, there was turmoil in the field of Macroeconomics, which resulted in the Keynesian ‘revolution’. However, the current Great Recession, the worst crisis that capitalism has faced since then, has failed, at least so … Continue reading

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More from the House of Debt

This gallery contains 5 photos.

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Adani Power

The story of bad financial health continues for Adanis. Loans don’t fall despite deteriorating health.

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India’s Subprime Crisis?

There is a lot of talk about the bad loans crisis that the public sector banks are reeling under over the past few years. Credit Suisse had earlier looked at the issue from the perspective of the top 10 corporate … Continue reading


A Resistance Against the Assault on Thought: A Lesson for the Left

Development Vs Hindutva Before the last general elections, two supposedly contrasting images of Mr. Modi was projected by the media: Modi, the development man and Modi, the Hindutva crusader. It was argued that he won the elections because the former … Continue reading