There is income inequality. Agree? If no check this – IMF Publication …increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle Read more…
It was October and winters were just starting in Canada, for a change it was nice weather for me. I had not seen < 10 degrees in Mumbai for almost a decade now. In this beginning of winter we – Anil, Abhijit, Prasad and I – were talking about eggs Read more…
How would you define prosperity of a society? This is a question many have been asking for so many years. The answers to this question lies in not finding the average income of the society – the metric used globally is – income per capita. This very simplified measure is Read more…