Attention Economy


Wednesday, August 28, 2013

Why Can’t Democracies Always Work This Way?

Astounding but true …
From the above report:
“India’s notoriously disruptive parliament has been going through a productive phase in the past two days. Bills are getting passed, politicians are discussing the state of the economy and for a change, members are listening to each other as they deliver well-researched speeches.”

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It appears that there is nothing like a crisis (in this case a currency crisis) to get parliament members to engage in useful debate and relevant policymaking. One can only wish that democracies always functioned this way. 

Additionally, Indian Government has finally approved a raft of long overdue infrastructure projects:
http://in.reuters.com/article/2013/08/27/india-investments-projects-chidambaram-idINDEE97Q02R20130827