The Joker: A Game Theorist?

By Drishti Rana “Some men just want to watch the world burn” The infamous phrase by Alfred Pennyworth manages to capture the very essence of the joker’s derangement. Anyone who’s followed The Dark Knight trilogy would agree that  Heath ledger’s character as an inscrutable evil stands to be a masterpiece in the DC universe. With…

Gender responsive budgeting: A fiscal tool to bring about gender parity

By Nisha Gokhale Whether it is data on the rapidly dipping female labour force participation rate or a report on girls withdrawing from schools during the pandemic, a cursory glance at the newspaper headlines is enough to remind oneself of the widening gender gap. When concerns regarding gender disparity are raised, they are usually doused…

The economics of Harry Potter

By Ashna Ranade Have you heard of the phrase “Voldemort to the Economy”? Lord Voldemort is so loathed in the wizarding world that simply mentioning his name is deemed deadly in J. K. Rowling’s Harry Potter series. As a result, practically every witch or wizard refers to Lord Voldemort by aliases like You-Know-Who. The term…

The Economics of Organized Crime: Drug Cartels and the Mafia

Samarth Khanduri “Plata O Plomo” – Silver or Lead.  The beloved phrase from “Narcos” perfectly describes the Narcotics business and the works of most organized criminal entities. Either get paid handsomely for the work that you do or face the wrath of a lead bullet.  From the Italian and American mafias to the Colombian and…

Letter from the Editor-in-Chief: After a year, it’s time to say goodbye

Outgoing Editor-in-Chief Vedant Shukla reflects on his tenure at The Declassified As I reach the end of my term as the Editor-in-Chief of the Economics Declassified, on behalf of the editorial team and myself, I would like to say goodbye to our authors and readers.  As the chief editor of The Declassified, you learn how…

Economics Declassified YearBook for 2020-21

Less of talks, more of action!! Two defining things behind the Economics Declassified, brought to reality in 2016 with a purpose to deliberate, demystify and distill key economic ideas, to make them accessible to students from all streams. As we reflect on this past year, the experience has been simply incredible. We have served the…

In Conversation With Mr. Tejas Mehta

Tejas is a Xavier’s Alumna who graduated with a degree of B.Sc. in Statistics in the year 2018. Today, Tejas has completed the 2 year Master’s in Economics programme from The Delhi School of Economics. He is now working at JPMorgan Chase & Co. as Country Risk – Analyst. So presenting to you, an insightful…

Shining, Shimmering, Splendid

The Evolution of India’s Diamond Industry and Scope for the Future Gemstones are a unique phenomenon of nature. Formed, perhaps, under nature’s direst conditions, they have been hailed not only for their beauty but also as a metaphor for resilience. These gemstones and jewellery alike, have been integral to Indian society as indicators of class,…

Free Market Capitalism for Sustainable Development Goals

Originally written for The Arthniti Essay Writing Competition. Prompt: Altruistic Capitalism or State Financing – The Way to Finance Sustainable Development Goals.  The provision of binary options suggests that our choices are limited to the two, which is a misconception. This article attempts to address the limitations of the given options and suggest alternate solutions…

Expansionism : India, China and the Asian Century

Europe is yesterday’s hegemony, America is today’s and Asia will be the future’s. It’s a notion that eludes pride and buoyancy, but to what extent? The idea of ‘expansionism’ ran through the bloodstream of all our forefathers, but with the turn of each century, each country let go of this idea, except China, who still…