試す 金 - 無料
Recent Nobel prizes for economics seem rich in irony
Mint New Delhi
|October 22, 2025
This year’s Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was awarded “for having explained innovation-driven economic growth,” with one half to Joel Mokyr “for having identified the prerequisites for sustained growth through technological progress” and the other half jointly to Philippe Aghion and Peter Howitt “for the theory of sustained growth through creative destruction.”
This Nobel Prize in economics awarded for innovation comes at an interesting time in the political history of the world. Much of the world today is dominated by what authors Steven Levitsky and Lucan Way call “competitive authoritarianism.” Levitsky and Way define it as a hybrid regime where democratic institutions exist, but are undermined by authoritarian practices, making elections real but most often unfair. They introduced the concept in their influential 2002 essay and expanded on it in their 2010 book of the same name. Recently, the authors argued in Foreign Affairs magazine that the US has now become a poster child of competitive authoritarianism. The primary feature of such regimes is that they use the power of the executive and state to keep the chimera of elections alive, but then game the electoral competition with self-serving biases. The usual blueprint for this is to use the state and its agencies as instruments against free and fair rivalry. Political incumbents routinely abuse state resources, manipulate the media, harass the opposition and thereby skew electoral processes.
このストーリーは、Mint New Delhi の October 22, 2025 版からのものです。
Magzter GOLD を購読すると、厳選された何千ものプレミアム記事や、10,000 以上の雑誌や新聞にアクセスできます。
すでに購読者ですか? サインイン
Mint New Delhi からのその他のストーリー
Mint New Delhi
Why investors aren’t buying into PI Industries’ Q4 optimism
Agrochemicals maker PI Industries Ltd is having a hard time navigating demand headwinds and the US tariff impact.
1 mins
February 17, 2026
Mint New Delhi
Keep jobs in focus
India’s unemployment rate rose a bit this January to 5.0% from 4.8% in December, as seen in the monthly bulletin of the government’s Periodic Labour Force Survey (PLFS) released on Monday.
1 min
February 17, 2026
Mint New Delhi
AI fears grip Info Edge stock
Shares of Info Edge (India)
2 mins
February 17, 2026
Mint New Delhi
India’s trade deficit jumps in January
Meanwhile, in January, the gap between India’s imports and exportsswelled to $34.68 billion from $25.04 billion in December and $23 billion a year earlier, provisional data released on Monday showed.
3 mins
February 17, 2026
Mint New Delhi
Wholesale inflation rises to 1.81% in Jan
Inflation measured by the wholesale price index (WPI) rose to 1.81% in January, after remaining muted in the six months prior, primarily due to an increase in prices of basic metals and other manufactured food and nonfood articles and textiles, official data released by the commerce ministry showed on Monday.
2 mins
February 17, 2026
Mint New Delhi
BSNL redraws performance goals as its units bleed cash
Circle heads asked to identify root cause of their underperformance and to improve revenues
3 mins
February 17, 2026
Mint New Delhi
Canadian PM to visit India early March
Canadian prime minister Mark Carney will visit New Delhi in early March to work with Prime Minister Narendra Modi on the framework for a comprehensive economic partnership agreement, Canadian official Victor Fedeli said on Monday.
1 min
February 17, 2026
Mint New Delhi
JSW MG Motor to triple output by investing $400 mn
The latest product and capacity offensive through infusion of funds come as the shareholders of the company eye a future public listing.
1 mins
February 17, 2026
Mint New Delhi
HC dismisses plea challenging Sebi’s NSE IPO approval
The Delhi High Court on Monday dismissed a petition challenging the Securities and Exchange Board of India's Sebi) approval for the National Stock Exchange's (NSE) initial public offering (IPO), clearing a fresh legal hurdle on the exchange’s path to listing.
1 mins
February 17, 2026
Mint New Delhi
Kwality Wall's plots a snacking pivot after separation
Chief financial officer Prashant Premrajka said richer, dairyand chocolate-based offerings with more complex layers can drive all-season demand, while the rise of quick commerce platforms opens a new distribution channel.
1 mins
February 17, 2026
Listen
Translate
Change font size
