I’ve always been sceptical of the nostalgia and sentimentality associated with bygone eras and yesteryears. But despite this, each and every time I step into an Indian railway platform, a wave of memories washes over me. There were the childhood journeys from Bombay to Kozhikode in the pre-Konkan era, the Madras Mail to Salem, the … Continue reading A Paean to the Indian Railways
Category: Economics
The C-Section Boom
The World Health Organization (WHO) historically considered a C-section rate of 10–15% as an approximate threshold. Over the past three decades, however, the global prevalence of Caesarean deliveries has risen sharply, tripling from about 7% in the early 1990s to roughly 20–21% today. A number of countries stand out as clear outliers: Turkey reports rates … Continue reading The C-Section Boom
How Population Scarcity Shaped Africa
Ethnic violence, the Resource Curse and civil wars are often quoted to explain the development deficit in Africa. But a relatively little-known factor that can explain Africa’s position today is its historically low population density and its eventual role in facilitating the slave trade . Africa was historically a chronically underpopulated continent. In 1900, the … Continue reading How Population Scarcity Shaped Africa
The Dutch Disease
In the 1960s, the discovery and development of Europe’s largest natural gas field in the Netherlands triggered an unexpected structural shift in the Dutch economy. The surge in export revenues brought in large inflows of foreign currency, leading to an appreciation of the Dutch guilder. A stronger currency made Dutch manufactured goods more expensive in … Continue reading The Dutch Disease
Fertility Rates, Gender Equality and the Math of Human Extinction
If there’s one unmistakable feature of our society today, it should be the falling birth rates. Unlike the generation of our parents, its quite common today to come across couples who have voluntarily decided to not have kids. Having a first baby in your 30s is common. And anyone having more than two children are … Continue reading Fertility Rates, Gender Equality and the Math of Human Extinction
Munnar Notes
During the Christmas break, I spent three days visiting Kerala’s most celebrated tourist destination – Munnar. The place lives up to its reputation for natural beauty. Contrary to my expectations, the ‘concrete jungle’ that I was bracing for was largely absent for most of the trip. But the tragedy was to see how rudimentary most … Continue reading Munnar Notes
Nalini Jameela’s ‘The Autobiography of a Sex Worker’
I was skeptical before I began listening to the Malayalam audiobook of Nalini Jameela’s acclaimed autobiography 'Njan Lymgikathozhilali'. The first part of the book dealing with her childhood and initial foray into sex work was a drag. But towards the end, when she began writing of her activism and the socio-political context of the sex … Continue reading Nalini Jameela’s ‘The Autobiography of a Sex Worker’
The Contemporary Art Market
One of my friends was recently commissioned to write the catalogue for a contemporary art exhibition. In solidarity, I attended the gallery walk-through on the day of the inauguration. I understood very little of what was on display, and I suspect that most in the room were equally flummoxed by the pieces. But what I … Continue reading The Contemporary Art Market
Mokyr’s ‘The Lever of Riches’
When Joel Mokyr won the Economics Nobel this year, the chorus of appreciation for his work on Economic History was too loud to be ignored. So I picked up his ‘The Lever of Riches: Technological Creativity and Economic Progress’ which was published three and half decades ago. Mokyr’s core argument is that economic growth is … Continue reading Mokyr’s ‘The Lever of Riches’
Impressions on China from Wang’s ‘Breakneck’
One of the most mind-boggling statistics that I’ve ever come across in all my reading was the one by Vaclav Smil on China’s cement consumption: In 2018 and 19, China produced nearly as much cement (about 4.4 billion tons) as did the United States during the entire 20th century (4.5 billion tons) Let that sink … Continue reading Impressions on China from Wang’s ‘Breakneck’









