National Savings Certificates: Sense and nonsense

An old controversy was revived of late by some people who argued strongly for the discontinuation of the National Savings Certificate (NSC) scheme run by a department of the Ministry of Finance. There are two aspects to this controversy. The first is whether the NSC should be continued. Economics students...

Populist challenge to democracy, it creates an environment of perpetual state of crisis

While democracy is facing challenging times for a wide range of reasons at this point in our history, nothing is as potent as populis challenge facing it today. Populist movements are spreading not only in Europe and the USA but also in poor countries in Asia and Latin America. The...