Thinks 520

Business Standard: “Frustrated at not being able to find the right kind of job, millions of Indians, particularly women, are exiting the labor force entirely, according to new data from the Centre for Monitoring Indian Economy Pvt, a private research firm in Mumbai. With India betting on young workers to drive growth in one of the world’s fastest-expanding economies, the latest numbers are an ominous harbinger. Between 2017 and 2022, the overall labor participation rate dropped from 46% to 40%. Among women, the data is even starker. About 21 million disappeared from the workforce, leaving only 9% of the eligible population employed or looking for positions. Now, more than half of the 900 million Indians of legal working age — roughly the population of the U.S. and Russia combined — don’t want a job, according to the CMIE.”

David Andolfatto and Fernando M. Martin: “Understanding how cryptocurrencies work “under the hood” is a challenge for most people because the protocols are written in computer code and the data are managed in an esoteric mathematical structure. To be fair, it’s difficult to understand any technical language (e.g., legalese, legislation and regulation). Because we are not technical experts in this space, we spend virtually no time discussing the technology in detail. What we offer instead is an overview of cryptocurrencies and blockchain technologies, explaining the spirit of the endeavor and how it compares with traditional operations.”

Thomas Shull: “At the heart of it all is Ukrainian President Volodymyr Zelenskyy, a man whose surprising leadership is a compelling blend of ancient and classically liberal virtues, among them courage, fair-mindedness and a resolution to serve his people, forgoing the abuses of populism. At a time when the West is deeply anxious and divided over liberal democracy, Zelenskyy is helping us remember that we do care about liberal democracy, and that it is, perhaps, stronger and nobler than we think.”

Published by

Rajesh Jain

An Entrepreneur based in Mumbai, India.