Interesting Readings 19 March 2018

Political funding in IndiaV Ananthanageswaran points to interview of former election commissioner. It highlights how the proposal for electoral bonds (a salutary proposal at the time) has morphed into something of a joke against corruption. The mechanism for political party finance remains elusive.
Experimentation that fosters fintech innovation in IndiaIndia is considering creating a regulatory Sandbox for fintech. I think Singapore provides a good model, proactive and with feedback loops.
Uber Scam? David Henderson writes about his experience of Uber Driver cancelling and ponders over the economic motivations.

World War Watch
Govt moves on integrated theatre commands; amends rules to bring three forces under single leadershipInteresting development. Was the need of the hour.
F-16 enables India to be world’s largest fighter aircraft ecosystem: Lockheed MartinLockheed Martin is trying to sell F16s to India. Offering is unique. But F16 still has higher operational cost than Gripen and likes. I would rather have a Gripen aircraft with same deal as F16. Modern air warfare will most likely involve big-team strategies beyond visual range. Gripen can also be modified to carry Indian missile systems.

 Buy my books "Subverting Capitalism & Democracy" and "Understanding Firms".