Monthly Archives: December 2011

December 12, 2011

Selling the wrong idea

Jagdish Bhagwati

Adam Smith, writing in The Wealth of Nations, was probably the first to call England a nation of shopkeepers. But few remember that Smith used the phrase to argue that England was a “nation whose government is influenced by shopkeepers”. … Continue reading →

Posted in Economics, Politics | 3 Comments
December 9, 2011

Deadlock in Durban

Jagdish Bhagwati

The 17th conference of the UN Framework Convention on Climate Change, popularly known as COP-17, is taking place in Durban, South Africa, at a critical moment, as the historic 1997 Kyoto Protocol is set to expire next year. But, like … Continue reading →

Posted in General | 1 Comment