When good billionaires become bad
Ruchir Sharma, in his book ‘The 10 Rules of Successful Nations’, talks about ‘bad billionaires’ and ‘good billionaires’. Bad billionaires owe their wealth to rent-seeking industries like minerals, petroleum, real estate etc. Good billionaires owe their wealth to innovative industries that boost productivity and improve the overall quality of...
India and The 10 Rules of Successful Nations
What will it take for India to succeed? When will we shed the tag of emerging nation and graduate to developed nation status? Why is 28% of our population still poor? We explore these questions in detail in this article based on the book ‘The 10 Rules of Successful...