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Tuesday, Jan 27, 2009
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Opinion - Letters
Tantalising effect

“Broken window theory” (Business Line, January 25) brings out the essence of the Kelling theory formulated a quarter century back, when the ongoing economic reforms were in the minds of political economists across the globe. A house, kept locked, and with a broken window, offers access to robbers.

A closed economy may have a tampering effect on the intruders who are not bothered about social controls. Alternatively, an economy without social controls offers ample opportunities for intrusion. Every economy runs the risk of being hijacked by such activities. Does our economy face such a situation? The mishaps in Nandigram and Singur are pointers to this.

C. P. Velayudhan Nair Kochi

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Stories in this Section
Where money has new meaning


More power to generators
Little stimulus for small units
Social inclusion in the NREGS
Get serious about white-collar crime
Interest rate cut
Collective failure
Tantalising effect


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