Top-up
This chapter covers a range of issues that do not fit in earlier chapters. These include urban poverty, universal basic income, the Gujarat model, electoral politics, India's bullet train, the economics of corruption, the aberrations of the caste system, and India's disastrous experience with demonetisation in late 2016. The book concludes with an extended essay on “Development and Public‐spiritedness”. This essay takes issue with the notion, common in economics, that people generally act out of self‐interest. This assumption has no theoretical or empirical basis. Public‐spiritedness, in the sense of a reasoned habit of consideration for the public interest, is a common feature of social life. Expanding the scope of public‐spiritedness is an important aspect of social development.