The first reason is that prices are bound to rise because there will always be several demand-supply mismatches in the economy.
Now, the world over, policymakers are dusting off their copies of Keynes' classic, The General Theory of Employment, Interest and Money, and figuring out whether there are any answers there to our own challenges of growing our economies.
"Dull, boring, lifeless -- nothing else to say really. But we're going to win the World Cup anyway so don't worry about us!" said Leighton from Liverpool.
Although more economic research has been done in the past 25 years than ever before, the economists whose names are most frequently referenced today, such as Hyman Minsky and John Maynard Keynes, are from earlier generations.
The announcement of the formation of the BRICS bank will have as much an impact about how the non-G7 countries manage their economies and their foreign reserves, as it does on the intellectual discourse. The development priorities and agenda which was hitherto set by western experts responding mostly to western priorities and notions will now have to compete with an intellectual tradition that is and can be very different, says Mohan Guruswamy.
Premier League-leading Chelsea's success on the pitch has been recognised by the Professional Footballer's Association (PFA) with Eden Hazard and N'Golo Kante making the shortlist for the organisation's Players' Player of the Year award.
There is a tendency to greet new technologies promising large potential returns with exaggerated optimism. But widespread hysterical behaviour ("irrational exuberance") with price increases detached from all underlying economic is far from norm.
While Prime Minister Modi grapples with serious matters of State so very successfully, may I urge that he focus just a bit of attention on the economy, says Manoj Mohanka.
The World Bank's statisticians have changed the economic facts. Under these circumstances, Keynes, the economist, would have us change our opinions, while the great scientist, Einstein, would have us tamper with the facts especially if they clash with our theoretical priors. Which should it be? A little bit of both, it seems.
India ranks at 165 among the 178 countries and among the South Asian countries, it is the lowest
The world needs more regulation today, not a return to autarky
'A very vast majority of us will catch it at some point, about 8 out of 10 won't feel much worse than a common cold's nuisance, if at all, but some will die.' 'A very, very vast majority, at least about 98 per cent of those infected, if not more, under any circumstances, will live through it,' observes Shekhar Gupta.
In the long-term we are all dead. Agreed! But, if we don't plan well enough for the long-term, we might be as good as dead even in the short-term!
The fact that the US dollar has become the world's preferred reserve currency is now the core of global financial crisis, says Mohan Guruswamy.
Turning tail from its worst valuation ever on the world's currency markets, the US Dollar has now gained more than 3% since the start of November.
How special is India's recent performance? The International Monetary Fund's recent World Economic Outlook illustrates the dramatic improvement in economic performance across the developing world. Sub-Saharan Africa, which grew at just over 2 per cent during the 1990s, registered average growth of 5.5 per cent since 2003. Latin America's relatively anaemic growth rate of 3 per cent has similarly surged to over 5 per cent since 2004.
Kapur, who is currently placed 305 in the world rankings, holds the Indian record for the best finish at the US Open thanks to his tied 23rd place at the 2014 edition.
Mithali made her ODI debut against England in Milton Keynes in January 1999 and on Friday became the first woman to complete in 200 matches in the 50-over format
For a bunch that fancies itself so greatly and does not hesitate to express an opinion on everything, this is very odd behaviour, says T C A Srinivasa-Raghavan.
Adequate and careful investing in stocks is one way to achieve the goal of happy and comfortable retired life, although it comes with some extra risk.
'The government has said it has kept its powder dry to fight the true battle against the debilitating influence of the pandemic.' 'The release of the shocking economic data this week should act as the fuse for using that powder now.' 'Further delays will make the battle that much harder,' notes Shreekant Sambrani.
The current stock market situation, to an extent, can be explained in this context.
"I think to go in with two such green drivers is a mistake," said the team principal at Red Bull's Milton Keynes factory.
The brilliance of Chelsea's Eden Hazard ended Liverpool's 100 percent start to the season as Maurizio Sarri's side enjoyed a 2-1 win at Anfield in the League Cup third round on Wednesday.
While we have listed above some key rules to be adhered to before selecting a company for investment, there is one bigger rule that applies to stock market investing: discipline.
'Those who are talking of adopting the Narasimha Rao-Manmohan Singh policy must understand now that what was a reform then is no longer a reform now,' argues Sukumar Mukhopadhyay who was associated with the 1991 economic reforms.
Former Hull City midfielder Jimmy Bullard, who is now retired, says the club 'changed his life' by paying him up to an extra 15,000 or 16,000 pounds a week by mistake.
The forward was again the stand-out Brazil player and he coolly side-footed home his 60th international goal in the 76th minute after Diego Laxalt brought down Danilo, although Uruguay claimed there was a handball in the build-up.
'The Modi government, like the Singh one, has run into what is called a perfect storm, where everything that can go wrong does so at the same time,' points out T C A Srinivasa-Raghavan.
It is time to shrug off the ideological shackles about the way we work, play and live, says Ajit Balakrishnan.
'The stimulus message was tagged on to what was meant to be an exhortation to self-reliance, glossing over the near impossibility of merging the immediate requirement of relief for a huge population and a questionable strategy for the future trajectory of a large economy aspiring to superstardom,' points out Shreekant Sambrani.
Holders and Premier League leaders Arsenal will be at home to Championship (second tier) Burnley in the fourth round of the FA Cup after most of the big guns avoided top flight opponents in Monday's draw.
Chelsea manager Guus Hiddink has reminded Eden Hazard of his priorities, asking the midfielder to focus on improving his form.
Don't waste the money on politically motivated social programmes.
'An era of fiscal pessimism is setting in, which, if not countered intellectually, is going to have the same effect as export pessimism has had,' notes T C A Srinivasa Raghavan.
"We are trying to transform India's economy where there is a premium on honesty... We switched over from a system which promotes it (corruption, dubious political funding, bribery) into a more ethical system which the developing economies in the world has followed," Jaitley told Times Now.
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