Should spot betting be banned to prevent corruption in sports?: The recent Pakistan tour of England was marred with many spot fixing controversies. While many argue that exposing young sports stars to wealth and glamour is the root cause of corruption in sports. Spot betting, while based on trivial actions in the game that does not affect the outcome of the game, can lead to big earnings for the winners. This can end up getting young players to get sucked into the system. Should spot betting be banned to prev...

Should inflation be kept at an reasonable rate at the expense of growth?: The days of cheap mortgage deals or interest free loans may look like long gone. The prolonged low interest rate led to growth of unsustainable credit boom, leading to higher inflation. When the interest rates were increased, it led to collapse of the housing market and the interest rates are back to near zero levels. The unemployment is still very high for the comfort of governments. Is slightly higher inflation better than lower growth or shoul...

Should valuation of environment be a part of measurement of economic growth?: Should valuation of environment be a part of measurement of economic growth? Is Green GNP a necessity in the modern world? While India and China, the two major economies growing at a rapid rate has helped millions to come out of poverty, it has also impacted the environment in a big way. Mega power plants emitting ash into the environment, thousands of new factories are being built every year, millions of new cars on the road, thousands of miles ...

Is increased government spending the only way out of recession?: When the economy goes into recession, thousands of people lose their jobs and also corporate profits decline. This reduces both the income tax and corporation tax flow to the government. Because of high unemployment, there is increased use of government programs such as social security benefits. In this given situation, is it prudent for governments to increase their spending causing the deficit to spiral, thereby affecting the sovereign debt rat...