Author Archives: rohitazad

Breathing Green

Rohit Azad and Shouvik Chakraborty* It won’t be an exaggeration to say that air pollution is one of the biggest public concerns in India today. Its implications are many but just two will suffice here. A report of the Lancet … Continue reading

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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