Scale effects at NPS; rational foundations for owning gold; Josh Felman.

My column in the Business Standard today is Fund management that you buy. This is about the economies of scale that have come about at the NPS, and the possibility that NPS can become relevant for sophisticated investors.

Renuka Sane and Manish Singh have a fresh look at `that barbarous relic’, gold, and trace the persistent Indian household interest in gold to the problems of Indian macroeconomic policy. Paper, summary.

Josh Felman has an author page on The Leap Blog.