Topic
public-policy
Business CEA Nageswaran: Free Is 'Most Expensive Word in Public Policy', Threatens Patient Capital
Chief Economic Adviser Anantha Nageswaran said that free is the most expensive word in public policy, warning at the Tamil Nadu Infrastructure Summit that infrastructure built on free or below-cost services cannot attract patient capital. He outlined the conditions for durable returns: quality infrastructure, contract certainty, policy certainty, and pricing that covers economic cost.
Trade WTO Nations Query India’s PLI, QCO, Import Substitution; New Delhi Defends Public Policy Objectives
At India's Trade Policy Review, 44 WTO members submitted over 1,090 written questions, with more than 700 answered before the meeting. Concerns focused on predictability and transparency of India's PLI schemes, QCOs, import substitution policies, and other trade measures. New Delhi defended its policies as legitimate public policy objectives.
Anthropic Pushes States to Adopt Tougher AI Regulations, Sparking Debate Over Motives
Anthropic, the AI startup valued at nearly $1 trillion, is urging states to go beyond existing transparency laws and adopt tougher safety regulations, including third-party auditing and enforcement powers. Critics like David Sacks accuse the company of trying to cement its lead through regulation, but Anthropic says the measures target only the largest AI developers.