ISSN (Online) - 2349-8846

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Miscommunicated Monetary Theory

The Modern Monetary Theory is described as an integration of endogenous money, state money, credit money, and functional finance theories. Despite departing from a faithful narration of what actually happens in the real world, the MMT arrives at a new world in which the government can spend as it pleases. Not only this and several other difficult-to-swallow claims, but also academic concepts such as vertical and horizontal components of money supply introduced along the way are what make MMT difficult to communicate to the general public and also difficult to fully appreciate.

The Missing Muslim Army Officers

The representation of Muslims in the army officer corps, at around 2%, is abysmal in contrast to their percentage in the population of India. Diversity is also compromised in the army, with over half of army officers hailing from a handful of north Indian states. This deficit of diversity along social and geographical lines has negative implications for the army’s apolitical and secular credentials.

Congress’s Gujarat Model

Following the result of the Gujarat assembly elections, the print media has witnessed a slew of write-ups by Bharatiya Janata Party (BJP) functionaries trumpeting the party’s victory and explaining how its indefatigable leadership and deep organisational roots contributed to that victory. Though...

Russia’s Comeback in the Middle East

A little more than a decade after its humiliating exodus, Russia has all but reversed the setback from the United States’ (US) invasion of Iraq in 2003. This December, Vladimir Putin engaged in what can only be described as a triumphant tour of the Middle East. From Syria, to Egypt, to Turkey, soon...


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