Some Basic Lessons from the Pandemic
| | |

Some Basic Lessons from the Pandemic

Prabhat Patnaik, March 22, 2020 The coronavirus attack has so far been much less deadly than the Spanish flu of a century ago. That had affected 500 million people worldwide, about 27 per cent of the world’s population of the time, and had a death rate of about 10 per cent among those affected. (Estimates…

Economy Sliding into Stagnation
| | | |

Economy Sliding into Stagnation

Prabhat Patnaik   Changes in estimation methods have of late made statistics on the Indian economy increasingly bewildering; besides, whenever the statistics show the performance of the economy in a poor light, the BJP government simply suppresses them. Nothing however can suppress the fact that the Indian economy is sliding into a serious state of…