Saahil ParekhinLogical EconomicsKarl Marx: The Difference Between Capitalism and SocialismThis post is about Karl Marx’s ideas of capitalism and its certain tenets that seemed philosophically incorrect to him. I came across a…Jul 2, 2017Jul 2, 2017
Saahil ParekhinLogical EconomicsScience and Social ScienceFollowing is a quote by Friedrich Hayek from his book “The Counter Revolution of Science” written in 1952. Although terribly verbose, I…Jun 27, 2017Jun 27, 2017
Saahil ParekhinLogical EconomicsTwitter is in trouble: how can it be rescued?Everything is about incentives, and Twitter simply doesn’t have enough of them to attract new users.Feb 15, 2016Feb 15, 2016
Saahil ParekhinLogical EconomicsMinimum/maximum temperature laws just like minimum wages?Having minimum wages in an economy where the labour excess is not very high can be a bad thing. Three previous blog posts highlight this…Jan 12, 2016Jan 12, 2016
Saahil ParekhinLogical EconomicsVeblen Effect and food security in IndiaCultural norms have a significant effect on preference of goods. An article in Mint’s Economics Express, a weekly column on issues in the…Jan 11, 2016Jan 11, 2016
Saahil ParekhThe path ahead for economic theoryThe Becker Friedman Institute for research in economics at the University of Chicago recently hosted a panel discussion on the role of…Jan 7, 2016Jan 7, 2016
Saahil ParekhThe relationship between interest rates and demand for hard cashA blog post on MoneyIllusion provides an idea of the how monetary economics works.Jan 4, 2016Jan 4, 2016
Saahil ParekhKrugman, Summers and deLong emphasizing the need for economic modelsEconomists Paul Krugman (NY Times), Lawrence Summers (Harvard University) and Bradford deLong (UC Berkeley) lashed out against the Federal…Jan 2, 2016Jan 2, 2016
Saahil ParekhinBasic IncomeLet’s be done with subsidies already: an idea for IndiaThere is a simple way to go about it: a universal basic incomeDec 29, 2015Dec 29, 2015
Saahil ParekhinLogical EconomicsCapitalism leads to corporatism?This article (25% of Donald Trump’s political spending goes to his own companies, Quartz) details Donald Trump’s business of running for…Dec 29, 2015Dec 29, 2015