Karan Nagpal explores how external partners can help the Indian government build better measurement systems, performance management, and evidence-based decision making while navigating the complex political economy constraints that bureaucrats face daily.
20 Apr 2026
Suyash Rai argues that India's existing productive cities can be dramatically improved through planning reforms that rebalance inefficient land use between private plots and public spaces
06 Apr 2026
Ajay Shah returns to explore why firms are the fundamental unit of economic growth and what conditions allow them to thrive
27 Mar 2026
Ajay and Amit explore the critical but misunderstood role of bankruptcy in healthy capitalism—why firm destruction is as vital as creation, and how India's bankruptcy reform journey reveals deeper challenges in commercial culture and state capability.
03 Jan 2025
Ajay and Amit explore why firm internationalization, not just exports, is the key to India's development journey
24 May 2024
Ajay and Amit explore the nature of social progress, how meaningful change happens both within the state and society, and why lasting transformation requires patience, persistence, and person-to-person persuasion.
01 Mar 2024
Ajay Shah takes Amit Varma on a historical journey through finance, from medieval money lending to modern derivatives, revealing how financial innovation drives human progress and economic development.
17 Nov 2023
Ajay and Amit examine the agricultural crisis in India through the lens of market economics, exploring why farmers remain trapped in cycles of boom and bust.
27 Oct 2023
Ajay and Amit explore how globalization has evolved through three distinct phases, from the pre-WWI era of complete freedom to today's conditional approach where economic integration depends on political behavior.
20 Oct 2023
Ajay and Amit explore whether prosperity requires embracing liberal values, using China's rise and potential fall as a case study for this fundamental question about modernity.
13 Oct 2023
Ajay and Amit explore the remarkable story of C.R. Rao, one of the 20th century's greatest statisticians, and reflect on the rise and decline of India's statistical excellence through the lens of the Indian Statistical Institute.
06 Oct 2023
Ajay and Amit trace India's economic and political evolution, from colonial modernization through independence to the ongoing struggle for true freedom
01 Sep 2023
Why exceptional people cluster together and how small differences in talent create massive differences in productivity
18 Aug 2023
Ajay and Amit explore what AI really is, what it isn't, and why the terminology matters for understanding both the technology's potential and its limitations.
08 Jul 2023