By Ranabir Samaddar Former Tanzanian president Julius Nyerere once said: “When the elephants fight, the grasshoppers die; when the elephants make love the grasshoppers die.” It’s through this lens that many in the global South are watching the war in Ukraine, a European war that while distant, is driving a rethink of what it means […]
By V Upadhyay In mainstream economics, the questions related to distribution are generally not considered very significant. Discussion of distribution is confined to the field of Welfare Economics where utilitarianism provides an important theoretical framework to debate social welfare issues. Utilitarianism had initially allowed for redistributive measures if they had the effects of increasing total […]