This week’s links:
- Small governments are likely to be more efficient: An article in Eco Times by Gopal Vittal. “there are four factors strongly correlated to state GDP. All of these factors point to one central issue: governance. These are the quality of human capital, the quality of infrastructure, the rate of private investment and the size of government.”
- 20 years of economic reform in India: by Swaminathan S. Anklesaria Aiyar.
- Decision fatigue: from NY Times. “Decision fatigue helps explain why ordinarily sensible people get angry at colleagues and families, splurge on clothes, buy junk food at the supermarket and can’t resist the dealer’s offer to rustproof their new car.”
- Sustainable development: A market-liberal vision: by James Dorn. A few years old, but a great read still. “State-led development may achieve growth, but only by suppressing economic and personal freedom. In this article, I argue that such illiberal growth is inconsistent with sustainable development understood in the liberal sense as an expansion of choices open to individuals.”
- India’s great middle-class moment: by Nitin Pai in The Atlantic. “After decades on the sidelines, the growing ranks of Middle India are starting to find their voice. But can the political system respond? “