Blog

A Deeper Divide is Being Caused by the COVID-19 Pandemic

During the past three months, we have had socially distanced “happy hours” with our neighbors in Bethesda, Maryland, an affluent suburb of Washington DC. We have learned that like my wife and I who are professors at local universities, our neighbors and their highly educated offspring are busier than ever at work. Each of us … Continue reading A Deeper Divide is Being Caused by the COVID-19 Pandemic

Universal Basic Income: The Time Has Come

With soaring unemployment and persistence of the “lockdown”, $3 trillion plus emergency funding already passed by Congress for economic sustenance is clearly inadequate. Senators Harris, Markey and Sanders have proposed another bill aimed at families: $2,000 monthly payment to individuals who make up to $100,000 per year plus $2,000 monthly payments per child up to … Continue reading Universal Basic Income: The Time Has Come

The U.S. Undermines Its Democracy Much Better Than the Russians

First Published June 2018 Just recently, the five conservative members of the Supreme Court upheld Ohio's practice of purging its voter rolls based on a failure to vote in previous elections. The state mails a notice to anyone who does not vote in two consecutive years; if the person does not respond and fails to … Continue reading The U.S. Undermines Its Democracy Much Better Than the Russians

Social Values Needed to Direct Artificial Intelligence Advancements

The promise of artificial intelligence seems to be all the rage today. The media is full of wide-eyed discussions about the promise of AI and how this is going to transform economies and societies. The technology has certainly moved from the labs into every day lives. It is currently being used in medical devices, smart-home … Continue reading Social Values Needed to Direct Artificial Intelligence Advancements

End Injustice: Opioid Crisis vs Drug War (appeared in The Hill 9/28/2017)

There is no doubt in the next budget significant money will be allocated in a bipartisan way to fight the opioid epidemic, and rightly so. It is imperative that Congress should also allocate equivalent money for those that need rehabilitation from drug related imprisonment. According to the Kaiser Family Foundation around 33,000 died from overdosing … Continue reading End Injustice: Opioid Crisis vs Drug War (appeared in The Hill 9/28/2017)

India: All Set to Be the 2nd or 3rd Top Economy (published in INDIA ABROAD, 70th Anniversary Issue, August 2017)

By all accounts, India should be the world’s second or third largest economy in 2047 after China and the United States. In 2016 purchasing power parity (PPP) India is #3; in nominal terms #7. If India grows at an average rate of only 6% per year for the next 30 years, it should be the … Continue reading India: All Set to Be the 2nd or 3rd Top Economy (published in INDIA ABROAD, 70th Anniversary Issue, August 2017)

“Opioid Crisis” vs “War on Drugs”

According to the Kaiser Family Foundation around 33,000 died from overdosing on opioids in 2015; the New York Times estimated it at 60,000. New Hampshire and West Virginia are among the states with the highest per capita opioid death rates. In July 2017, FDA Director Scott Gottlieb wrote that opioid addiction had become “FDA’s biggest … Continue reading “Opioid Crisis” vs “War on Drugs”

MBA Guide for the Democratic Party – Part 2

Part 1 spoke to the need for change in leadership of the Democratic Party. Besides leadership, we also teach strategy, tactics (operations and supply chain management, and marketing) and financing (finance and accounting) in a business school. With change in leadership, there is a better chance for improvement in these business attributes. Strategy generally involves … Continue reading MBA Guide for the Democratic Party – Part 2