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🚀 India's potential as manufacturing hub 📉 Regulatory hurdles stifle growth ⛓️ Simplifying rules, fixing supply chains, and making doing business easier is the only way out. swarajyamag.com/economy/indias…

Great story in Swarajya (based on our case study) about the potential that employment intensive exports hold for improving lives at scale, and why we must reform: India’s Missed Stitch: What Shahi Exports Got Right In A Broken System swarajyamag.com/economy/indias…

💡 There are 26,000+ imprisonment clauses in India's business laws! Akshay Jaitly weighs in on their effect on the mindset of an entrepreneur, or a would-be entrepreneur... Watch the full episode here: youtu.be/NxxAAsprqm0?si… The Convergence Foundation

As always I had a great time speaking Rahul Ahluwalia in this long conversation about India’s socialism, liberalization, economic growth and more. And please follow the work by Foundation for Economic Development. Some of the smartest young minds in policy in India are working there

Another reason Star wars is superior to Star Trek. It's an accurate depiction of public choice!

It's not just the cult of power that worries me. It's the broad increase in government spending (which is also a measure of increase in political power!) across almost all countries

If you want worker welfare, support economic growth, not unions

#IndiaGlobal with Gaurie Dwivedi | India To Retaliate With Counter Levies On US Goods | Setback To India-US Trade Talks? NDTV's Gaurie Dwivedi speaks to Rahul Ahluwalia, Founder- Director, of Foundation for Economic Development.

Lant Pritchett exuding wisdom (as he always does) about the distinction between supporting industry profit vs industry productivity. One of these is good, the other not so much! youtu.be/dwjPSNB0wLA

And India managed to reduce malaria deaths without a sizable increase in randomly distributing malaria bed nets. Just through good old fashioned economic growth.

The harder it is to fire workers, the harder it is for workers to get hired. No exit, no entry. Contrasting the US, Europe and India. marginalrevolution.com/marginalrevolu…

Before you post another helicopter meme, read about the man who actually changed things. Milton Friedman didn’t just argue for liberty. He made people listen. 🧵

A fascinating conversation with Vinayak Chatterjee, founder of Feedback infra, on his ringside experience of the Indian infrastructure story youtu.be/VfPkW80QuNM

One recent framework I came up with that I really like is that capitalism is just the principle of subsidiarity taken to include firms families and individuals - let decisions be made at the lowest level possible. I'm sure it's not new to the world, but it was new to me.

It's not as optimistic as that. Hard times create capitalists...very rarely.

This is obvious to anyone who has ever been apart of one, but still nice to see some systematic evidence that private sector unions delink pay from performance — and this is likely a key contributor to their plant’s / the firm’s broader growth struggles

Straussian post for Indians?

On June 19th, PISM (the center I direct at Penn Economics) launches our annual summer open online course. This year’s theme: Foundational Thinkers in Economics. 🧠 econthought.org Over 11 sessions (Tues & Thurs, 11:30am EST), we’ll cover: Xenophon, Aristotle, Aquinas,

“Seek opportunity amidst uncertainty” FED #Director Rahul Ahluwalia shared how #MSMEs can thrive amid #globaltrade shifts — on Zee Business #SMEExpress. Watch the full session here: youtu.be/i5NVYc1iDXA?si…… #FED #MSME #GlobalTrade #ZeeBusiness #EoDB #VUCAWorld