Regulation

If Hogwarts wasn’t autonomous

Ever wondered what your dream school- Hogwarts School of Witchcraft and Wizardry, would be like if it was plagued by restrictive regulations and government interference? Sunaina Mathur juxtaposes the current scenario of India’s education sector with the vibrant (and now…

The Effect of Regulation on the Global Social Casinos Economy

In the following article, the team at Qrius (formerly, the Indian Economist) writes of the world of ‘social casinos’, previously outside the purview of online gambling regulations since they were not counted as ‘real…

Is Slashing Stent Prices The Solution?

Prices of stents — tiny wire mesh tubes used by doctors to unclog arteries and prevent heart attacks have been capped by the government. While many people are applauding the efforts of the government for taking this “bold” step, is it a long-term solution for…

Key to Reforming Indian Education: Rescuing Government Policy-making and Regulatory Functions from Service Delivery

Currently the governmental roles of policy making, regulation and service delivery are combined within a single entity in the Indian…

How Price Control Raises Healthcare Costs: A Case Study from Karnataka

A Case for Regulating Lobbying in India

This article explores lobbying practices in India. The authors claim that with the right…

Information Asymmetry in the Indian Legal System: An Empirical Analysis

A Surge of Woes

I guess John Kay nails it (although this is in a slightly different context). ”Regulation should seek to work with market forces, not to replace them. Not because free markets lead to the best of all possible worlds — in financial services, as in many other activities, they plainly do not. But it is…

What Do You Think of the Right to Bear Arms in India?

In the wake of the Aurora shootings in the USA last week, I wonder about what people think of the right to keep and bear arms in India.