This is part of How Originalism Ate the Law, a Slate series about the legal theory that ruined everything. And that’s because the whole nation is currently lashed to a small, stupid, perpetually changing theory of legal interpretation variously known as “originalism,” or “textualism,” or “original public meaning,” or “history and tradition.” A theory that is—unless you were born in …
Economic Survey stated that India’s sovereign credit rating doesn’t reflect its fundamentals. “There is a large academic literature that highlights bias and subjectivity in sovereign credit ratings, especially against countries with lower ratings,” said the survey. “While sovereign credit ratings do not reflect the Indian economy’s fundamentals, noisy, opaque, and biased credit rating damage FPI flows. Sovereign credit rating methodology …
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