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.
'Landmark developments herald the end of two decades of stagnation in the army's modernisation plans,' notes Brigadier Gurmeet Kanwal (retd).
Surinder Pratap, whose Twitter handle carried the tweet, was neither detained nor arrested by Jaipur police since it said no case was registered against him in the city.
Syed Firdaus Ashraf lists 10 instances when the BJP didn't pull its punches.
The fiscal deficit of the Centre remains a worry, running at over 6.5 per cent of GDP in April-September 2014, mainly because of revenue shortfalls from exaggerated projections in the government's July Budget and despite the relief on subsidies from lower oil prices.
Opposition calls the Budget 'hollow and plain'.
Mumbai dancers fuse lyrical hip hop and b-boying with elements of American cheerleading and trapeze-esque bits from the circus.
Rahul Gandhi slammed the Modi government, accusing it of being against farmers, labourers, students and the poor.
Prime Minister Narendra Modi didn't hold back on Wednesday when he launched a scathing attack on the Gandhi family and the Congress in Parliament during a debate on the motion of thanks for the president's address.
Taking the Bharatiya Janata Party and its Prime Ministerial candidate Narendra Modi head on, the Communist Party of India-Marxist on Monday said their claims about riot-free Gujarat and development there were "big lies" based on "complete untruth".
'The government that is talking all the time about national security and national interests should be concerned.' 'When national interests are jeopardised by their own project, they should pause and listen.' 'Whether it is the BJP or the Congress, they all want control over the people.' 'They don't give a damn if anything happens to the people of the country; they are only interested in what they can get out of the data.'
'We have to rise over our divisions.' 'Divisions within us allow unscrupulous politicians to divert attention from issues like corruption and governance.'
"Even when Vajpayee is ill in hospital, I was the first one to visit him, since the Congress believes he has contributed to the country," he said.
Trying to guess Subramanian Swamy's motives or next step has been a rather difficult exercise for decades, says Archis Mohan
Modi government must fix policy paralysis.
'There exists a 'brotherhood' of sorts for a very long time and corrupt dealers and corrupt OMC officials are in it together,' Ashwani Attrish, founder, Empowering Petroleum Dealers Foundation, tells Sudhir Bisht, a veteran of the petroleum industry.
'Younger children don't really distinguish based on class, gender, income and so on.'
"You have suffered their arrogance, deceit and exploitation for the last 25 years. Do you want such a rule to continue for another five years," the Prime Minister asked at a mass rally in Patna.
The loss in Bihar has forced a change in NDA's market positioning, says Shekhar Gupta.
Rahul Gandhi on Thursday conceded the words he had chosen to trash the ordinance on convicted lawmakers might have been wrong but not his sentiment.
There is something deeply disturbing about wanting to build such a large temple in what is arguably India's poorest state, a state that like many other states of India, particularly in north India, is crying for more schools, more hospitals and primary health centres, and, dare I say it, more toilets for everyone, says Amberish K Diwanji
Maharashtra Finance Minister Sudhir Mungantiwar speaks to Prasanna Zore/Rediff.com.
The Congress said arrogance of the BJP has touched its zenith as it turned 'blind' to farm distress.
The judiciary has often shied away from contesting the speaker's right or that of the legislature, but it has not always avoided taking a close look at the processes employed and arrive at conclusions that are binding on all concerned, says N Sathiya Moorthy.
'The youth associated with this movement were extremely talented.' 'But I personally believe violence cannot change anything in the world.'
Opposition on Monday picked holes in various government decisions like demonetisation and surgical strikes as well as allocation of funds for MNREGA, agriculture sector and Scheduled Castes, saying it has failed on all fronts despite which it is trying to "fool" the people.
BJP prime ministerial candidate Narendra Modi on Saturday attacked Congress for its decision to give tickets to "tainted" leaders, saying "Adarsh candidates" including Ashok Chavan and Pawan Kumar Bansal have been "rewarded".
Transcript of the political resolution adopted by the Bharatiya Janata Party in its national executive meeting in Panaji, Goa on Sunday.
'Our countrymen should be made aware of the need to be polite and friendly to our African guests.' 'They should know the dictum, athithi devo bhava, whether they are black or white,' says Ambassador T P Sreenivasan, who once served as India's high commissioner to Kenya.
More than 25 years after the Babri Masjid was destroyed, another generation proclaims its commitment to building a Ram temple.
Even if they score administratively, state governments ruled by the party suffer from an inability to communicate positively, say observers.
'Now that there is an election in the offing, she is repeating the same old promises. Does she think the people of Bengal are fools to fall for her lies?'
Congress leader Kantilal Bhuria, who wrested the Ratlam Lok Sabha seat in Madhya Pradesh from the BJP recently, speaks to Prasanna D Zore.
One of the urgent tasks ahead for the new government should be to improve public trust in the executive.
Instead of taking the moral high ground and resorting to a ban, the government should've turned the screws on dance bars by enforcing the licence conditions, says Anil Singh.
'If 99.99 per cent of these micro borrowers are good at repaying their loans, why can't we look at the SMEs and MSMEs and replicate the same model for them with our stringent risk management system,' Chandra Shekhar Ghosh, chairman and managing director of India's newest private sector bank, tells Prasanna D Zore/Rediff.com.
Contentious issues such as the construction of a Ram Temple in Ayodhya, abrogation of Art 370 giving special status to Jammu and Kashmir and enactment of Uniform Civil Code have been included in the Bharatiya Janata Party's election manifesto with the party making promises on them.
In this May 2014 interview with Vaihayasi Pande Daniel/Rediff.com, the politically conscious Karnad spoke of why he is concerned about Modi coming to power.