December is always full of surprises from the perspective of central bankers. The surprise doesn’t end, since many central bankers across the globe are calling for a cut, citing various issues in their economies. Most economies have called for a rate cut, citing a decline in inflation. And considering many of their economic fundamentals are showcasing a strong trend, the members of the central banking committee opt for the anticipated rate cuts.

Meetings at the end of the year from the central banks are always exciting; the Reserve Bank of India’s meeting is also full of surprises. The markets were speculative in terms of the decision coming in from the RBI due to the recent data releases with respect to the economy. Some of the key economic data inputs were on inflation, which is said to have cooled down significantly. Given these conditions, the central bank has cut the interest rates a cut by 25 basis points (bps)

This book by Joseph Stiglitz stands out among modern economics works of the decade. Stiglitz critiques current neoliberal policies, exploring their implications for individual and societal freedom. He questions whether individuals should prioritize their own well-being over the needs of others and whether corporations should wield significant influence over people's choices. These core questions drive the narrative and invite readers to examine the real meaning behind such