How willful ignorance and distortion of facts is endangering millions in rural Uttar Pradesh Babloo Yadav’s brother-in-law died a few days ago. When the author inquired about the cause, the pained reply was, “Pata nahin bhaiya, bukhar tha”. Doctor kuch bata nahin paye,” roughly translates to, “We don’t know, he had a fever, the doctors could not diagnose.” This is a pattern that is repeating in millions of homes across rural Uttar Pradesh where people are supposedly dying of fever, typhoid, pneumonia, or whatever else they choose to assume in the absence of testing and clear diagnosis. A state of dystopia is characterized by unimaginable suffering, totalitarianism, willful ignorance of the rulers towards the misery of their subjects, and distortion of facts to hide reality. Now let us examine whether Uttar Pradesh meets these dystopian parameters. Unimaginable Suffering The images of bodies floating in rivers in Uttar Pradesh across multiple districts, cremation grounds runn...
What I will argue for in this article is quite unorthodox and contrary to the conventional economic arguments that we are used to. I propose that in order to tide over the COVID 19 crisis and kick start the economy; the government should consider printing money and transferring the equivalent amount directly into the thirty crore Jan Dhan accounts. This will work to seamlessly ensure that the money reaches the masses while acting as a stimulant to revive demand. In economic terms, we call it monetizing the fiscal deficit that is a red herring in traditional economic logic, as most economists would rightly argue against printing money to finance deficits, citing inflation as a major concern. The reason is that printing more money doesn’t increase economic output – it only increases the amount of cash circulating in the economy. If more money is printed, consumers are able to demand more goods, but if firms have still the same amount of goods, they will respond by putting up p...