Nothing is permanent

The law of diminishing marginal utility is likely to catch up with the BJP

With reference to T C A Srinivasa-Raghavan’s lively column, “Political confidence is not business confidence” (November 4), the Narendra Modi government should remove the fear of erratic and arbitrary demands from the minds of buyers and sellers. 

As the writer rightly observes in the headline, the current government has displayed more than enough confidence in the political sphere; where but seems to lag is in the equally significant domain of business.

Considering that the writer quotes key parameters in economics, it would not be out of place to point out that the government’s theories are based on the premise of “other things