Jayan Jose Thomas

Venezuela and Iran together account for 39% of the world’s proven oil reserves. The promise of future oil is what makes these countries strategically important.

Western leaders quietly welcomed the stability in oil prices that resulted when demand from India, a major oil buyer, was partly diverted to sanctioned Russian oil since 2022. Outside West Asia, Russia is the only country with a large, tradable oil surplus.

The Iran war and the closure of the Strait of Hormuz — through which a fifth of global oil trade passes — could reshape the international energy order, I write in today’s @the_hindu .thehindu.com/news/internati…

The hunt for more energy has been one of the prime motives of the U.S. international policies.

Venezuela and Iran together account for 39% of the world’s proven oil reserves. The promise of future oil is what makes these countries strategically important.

For context: The three major private plantations together own about 1 lakh acres of land.

Historic 10 years in Kerala, transition to a moden developed economy has begun

I am teaching Macroeconomics at the @iitdelhi's Abu Dhabi campus this semester. @iitdelhi @IITDAD123 jayanjthomas.wordpress.com/teaching/macro…

Thanks to the incredible team at Academic Outreach @iitdelhi (academicoutreach.iitd.ac.in) my teaching and research with colleagues have been featured in this video. youtube.com/watch?v=YoOmEv…

Macro Development: jayanjthomas.wordpress.com/teaching/polit…

Macroeconomics: jayanjthomas.wordpress.com/teaching/macro…

Teaching to me has always been an intense phase of learning. In the just concluded semester, I taught three courses at @iitdelhi : Macroeconomics for MSc Economics, Macro Development Economics for PhD, and Distribution and Growth for B.Tech students.

Wrote a small piece on the @AgrarianChange blog. Read here: aqs.org.uk/the-patterns-o…

Exciting. You can download this thick volume edited by George Feiwel for free. The Economics of Imperfect Competition and Employment: Joan Robinson and beyond link.springer.com/chapter/10.100…

News cannot be, and should not be, a 24×7 affair. Can we turn back the clock and have news bulletins at periodic intervals? If not three times a day, perhaps four? The link between clean public information and democracy is a well-established fact. The positive correlation between misinformation and democratic decline is also an evident fact. Social media is often rightly blamed for this, but legacy media too is complicit in this decadence. At the core of the media’s collapse is the pressure for a constant, unending requirement for “updates.” When 24×7 news channels appeared in the early 2000s, they began competing with one another for “breaking news.” Print media had to mimic them in this game. The race to the bottom was accelerated by the spread of online platforms that lowered the entry barrier. And here we are today — numerous platforms trying to fill their spaces with “updates” every second. The reality is that there is not, and there cannot be, and there should not be, minute-to-minute updates on any news — whether it is a Delhi blast or a Supreme Court hearing. News should happen first, then be processed by experts, and only then transmitted to the public. That is what mediation of information should be about. Twenty-four-hour news is the enemy of clean information. #media #democracy

Congratulations @MadhuraFAS

Looking forward to listening to the rich discussions and presenting my work here!