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Business News > Mint Authors > Kaushik Basu

Kaushik Basu

Mint columnist

Kaushik Basu is a professor of economics at Cornell University and a former chief economic adviser to the Government of India.

ARTICLES BY KAUSHIK BASU

Describing the state of a country’s economy is a complicated task. (istockphoto)

Kaushik Basu: Redefine prosperity; GDP tunnel-vision could prove costly

4 min read . 01 Jun 2025

History offers valuable lessons on the dangers of hyper-nationalism and protectionist trade policies.

Kaushik Basu: Trump’s tariffs will only steepen America’s slide

4 min read . 08 Apr 2025

Trump has long been frustrated by the fact that the US runs trade deficits with many countries. (Reuters )

Kaushik Basu: America’s capacity for self-harm is breathtaking

4 min read . 17 Mar 2025

Curbing inequality is not just a moral imperative; it is also necessary for protecting democracy against the threat of authoritarianism. (Sonia Nazareth)

Kaushik Basu: Democracies face a threat that demands collective resolve to fight

4 min read . 16 Feb 2025

There is reason to believe that instead of delivering lasting economic gains, the trade policies Trump favours would cause serious damage. (AP)

Kaushik Basu: What if Trump actually keeps his campaign promises?

1 min read . 18 Nov 2024

studies suggesting that both Democratic and Republican policies are likely to increase the deficit over the next decade. (REUTERS)

Trump or Harris: The US poll results will have profound economic effects

3 min read . 29 Sep 2024

History has repeatedly shown that countries often take unexpected turns after a rebellion, no matter how justified. (AFP)

Bangladesh must strive to keep its success story going

4 min read . 01 Sep 2024

Problems like inequality cannot be resolved through science or reason alone.

Kaushik Basu: Future generations would be aghast at today’s inequality

3 min read . 05 Aug 2024

Keir Starmer became prime minister after the Labour Party's landslide victory in the UK election, defeating Rishi Sunak's Conservative Party. (Bloomberg)

The Labour Party's win: Britain must not squander a chance to arrest its decline

4 min read . 07 Jul 2024

The growing backlash against economic theory tends to focus on the field’s reliance on developing mathematical models for their own sake.

Kaushik Basu: Economics must go back to its basics to keep up with the world

4 min read . 09 Jun 2024

While American leaders have the power to disrupt numerous economies by severing supply chains or manipulating financial flows, the citizens of these countries have no influence over US elections. (REUTERS)

Globalization vs democracy: The voiceless need a say

3 min read . 24 Apr 2024

Pedestrian traffic lights are designed to facilitate the smooth flow of traffic and occasionally allow pedestrians to cross.

The economic consequences of legal behaviour: Letter or spirit?

4 min read . 21 Mar 2024

Keynes envisioned a more equitable world where individuals could enjoy unprecedented prosperity, free from economic anxieties.

We can’t hope to attain Keynes’ equitable society without policy intervention

4 min read . 26 Feb 2024

Solow’s work has had a profound impact on global policymaking, especially on East Asia’s so-called ‘tiger’ economies during their take-off. (Bloomberg)

Robert Solow: Nobel laureate and an exemplary human being

4 min read . 17 Jan 2024

Danny Quah projects that by 2050, the world’s economic centre will settle between India and China.

The world should stay vigilant over a debt crisis in the Global South

4 min read . 02 Jan 2024

Globalization of finance and supply chains has enabled wealthy and powerful countries to affect the well-being of people far beyond their borders.

The world must fight inequality to safeguard ideals of democracy

4 min read . 29 Oct 2023

Jobs in the Indian manufacturing sector are disappearing, leaving the country’s agricultural sector employing a growing share of the workforce. (AP)

Indian economic prospects may require a more realistic analysis

4 min read . 05 Sep 2023

While the Ukrainians might win a conventional war, as some Western commentators have predicted, the risk that Russian President Vladimir Putin would put his massive nuclear arsenal to use is often downplayed.

Nato’s endgame on Ukraine will need regime change in Moscow

4 min read . 19 Jul 2023

policymakers could impose fines on state officials who take bribes or reward citizens who report such crimes

Anti-corruption drives that turn cronyist can worsen the scourge

3 min read . 06 Jul 2023

This is such a new world that even those working on artificial intelligence (AI) do not know where their inventions will ultimately take us. A law enacted with the best intentions can still backfire. (iStockphoto)

Governance must keep pace with an increasingly unknown future

4 min read . 08 Jun 2023