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Site title: Mostly Economics | This blog covers research work in Economics with focus on India.

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McKinsey’s Steve Saxon and Jaap Bouwer explain the economics of an airline flight by analyzing a hypothetical one-way flight from London to New York City: Have you ever taken your airplane seat, looked around, and wondered exactly how much money the airline is making from your flight? In the below video, McKinsey’s Steve Saxon and Jaap […]

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Mark Carlson of Federal Reserve in this article reviews history of bank notes in US and lessons for stablecoins: Prior to the establishment of the Federal Reserve, commercial banks issued “bank notes” that circulated as a privately issued form of money. In addition to being backed by the issuing bank, these notes were backed by […]

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Sunil Mani. 2026. India’s High-Tech Leap, Industrial Policy and Future of Innovation. Edward Elgar. Pp. 227. Annavajhula J C Bose, PhD Former Economics Professor, SRCC, DU Laissez-faire and New Keynesian economists still teach the case for unregulated trade by drawing on David Ricardo’s theory of comparative advantage despite the fact that Ricardo’s theory was basically […]

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SEBI Whole Time MemberAmarjeet Singh on Information Asymmetry in today’s times and what is SEBI doing to reduce the aysmmetry. My remarks are in three parts. First, I will briefly outline how information asymmetry has evolved in the information age. Next, I will talk about the regulatory perspective and approach to reducing harmful asymmetry. Finally, I will […]

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Andreas Fischer and Pinar Yesin in this voxeu article: The UK vote to leave the EU in June 2016 generated an immediate political shock that was accompanied by a sharp rise in economic policy uncertainty. As then-Bank of England Governor Mark Carney warned shortly after the referendum, “the UK relies on the kindness of strangers […]

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