Number of words: 651 An international study with significant participation from India has found no extra benefits from coronary stent implants or bypass procedures over strategies that use medicines and lifestyle changes to treat moderate or severe heart disease. The study involved 320 sites worldwide, including 19 government and private Indian hospitals. It found no … Read more

Number of words: 619 On Halloween 2013, I was driving home after an early release from my job at the time. At a major intersection here in Chicago, I was driving below the speed limit (Chicago traffic!) through a yellow light just as an oncoming driver decided to turn left without the right of way. … Read more

Number of words: 2,614 Paul Krugman, Nobel-prize winning economist and avowed champion of free trade, admits he and his colleagues got a few things seriously wrong about globalization, in particular around its downside impact on local labor markets.  “We missed a crucial part of the story,” Krugman wrote in a Bloomberg article in October, referring to members of … Read more

Number of words: 525 Rajan’s new book explains the anger of a generation that feels denied and deprived of what was rightfully theirs – a middle-class American life. The class has, with vengeance, attacked what it sees as the perils of Globalization. In such a scenario its easy for a demagogue to emerge and point … Read more

Number of words: 1,049 So why is Trump the US President? Who are the people that may be delighted to have him as their President? Why is Globalization facing strong headwinds of protectionism and hyperbolic nationalism? Why there is an army of trolls online who will justify any act of omission or commission of their … Read more

Number of words: 3,331 In 2007, Gary Rivlin wrote a New York Times feature profile of highly successful people in Silicon Valley. One of them, Hal Steger, lived with his wife in a million-dollar house overlooking the Pacific Ocean. Their net worth was about $3.5 million. Assuming a reasonable return of 5 percent, Steger and his wife were … Read more

Number of words: 161 In conversation after supper he told us jokingly that he much admired the idea of Sancho Panza, who, when it was proposed to give him a government, requested it be a government of blacks, as then, if you could not agree with this people, he might sell them. One of his … Read more

Number of words: 1,079 China’s economic growth has lifted hundreds of millions of individuals out of poverty. The resulting positive impacts on the material well-being of Chinese citizens are abundantly evident. Beijing’s seven ring roads, Shanghai’s sparkling skyline, and Guangzhou’s multitude of export factories none of which existed in 1980are testimony to China’s success. What … Read more