China’s state sector has assumed the guise of Western corporations, but it is little more than a Party-run patronage system …
Changing class in America
First published at the Business Standard and posted here with Dr. Lal’s kind permission. America’s upper and working classes have …
The case for ‘trickle-down’
Dr. Lal investigates the real link between inequality, poverty and growth (First published in the Busienss Standard and posted here …
Shale gas and Pax Americana
The geostrategic implications of the shale gas revolution invalidate predictions of the death of American-style capitalism. First published in the …
Policy, not pessimism
The Washington Consensus is still the best way to promote sustained growth, says Deepak Lal… First published in the Business …
Restraining Leviathan: James M Buchanan’s work on restraining the predatory state has great relevance
First published at the Business Standard January 19, 2013 and is posted here with the kind permission of the author. …
Three turning points
The US and India are politically unable to force their economies away from entitlements, and China seems unwilling to relax …
The West’s banking crisis – II: remedies
Some form of Glass-Steagall, separating commercial and investment banking, is the only way to fix the system, says Deepak Lal …
The West’s banking crisis – I
It is government policy that has led to the socialisation of risk and privatisation of benefit, says Deepak Lal Posted …