The Hindu Business Line : Tuesday, November 28, 2006

EDITORIAL
Speculative froth and oil
Rather than blame speculators, India must address policy failures to get as much output as it can from every barrel of oil it imports. More

ECONOMY
Employment conditions: Working more for less
In a previous edition of Macroscan, it was noted that the recent employment growth has been dominated by self-employment for men and self-employment plus regular work for women. In this edition, C. P. Chandrasekhar and Jayati Ghosh investigat e the conditions of employment, in particular remuneration for work. More

NON-PERFORMING ASSETS
Hand-holding may get NPAs performing
Economic wealth is perhaps being frittered away without any attempt to find out whether it can be reactivated to generate returns. More

ECONOMIC OFFENCES
Confucian ethics, China and India
The urgent need in India is to raise investment in education and institute a blend of meritocracy plus inclusive growth, based on the principles of Confucian Ethics, which is expected to help China face the instability stemming from the rising inter- personal inequalities and the communist polity. The urgent need in India is to raise investment in education and institute a blend of meritocracy plus inclusive growth. More

BOOKS
We can tax all of the people all of the time!
With the Budget not too far away, it may be apt to study James Mirrlees' Welfare, Incentives, and Taxation. Inputs on free trade are to be had from Deepak Lal's Reviving the Invisible Hand, while Follow the other Hand by Andy Coh en uses magic as a metaphor to explain the success of some of the largest companies. An interesting handful of reads, says D. MURALI. More

LETTERS

Gold-based deposit scheme

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Top Stories
Rubber contracts hit upper ceiling on NCDEX

Banks need to build database fast: Experts

Ghee, milk powder prices likely to remain firm

Employment conditions: Working more for less

Bharti, Wal-Mart may look beyond retail for talent

HPCL still open to LNG terminal project plan

Repugnance can be a real constraint on markets

Looking back
Nov. 19-Nov. 25
Inflation is destroying the well-earned rupee

IMF's study on India — Is the `economic renaissance' sustainable?

Can India sustain 9% growth?