
The Age of Abundance Is Over: We Have Been Living Beyond Our Means
An original essay on the end of the age of abundance: from the 1959 Nixon-Khrushchev kitchen debate to the reckoning of living beyond our means.
· 2 min read
Companies, trade, the Indian economy and household finances, with a focus on what business news means for Indian and Indian American families.
253 articles

An original essay on the end of the age of abundance: from the 1959 Nixon-Khrushchev kitchen debate to the reckoning of living beyond our means.
· 2 min read

In autumn 2011 the eurozone's debt crisis had serious economists openly contemplating the unthinkable: the possible dissolution of the euro itself.
· 2 min read

On November 23, 2011, Tata Sons named 43-year-old Cyrus Mistry deputy chairman — heir to Ratan Tata and the $84 billion Tata group.
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On November 24, 2011, the cabinet approved 51% FDI in multi-brand retail — then suspended the decision within days. The story of India's most politically
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Kenya's M-PESA showed a phone could be a bank. By late 2011, India's operators — Airtel, Eko, and eventually Vodafone itself — were racing to copy the model.
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Julia Gillard's November 2011 push to end Labor's uranium ban on India — approved 206-185 at the December party conference — reshaped Australia's nuclear
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NSW Fair Trading hunted the operators of Yourformal and Yourafterparty after at least 15 Sydney schools lost six-figure sums paid in cash for formals that
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In 2011, PepsiCo's underperforming stock put Indra Nooyi's job under scrutiny. She survived — and her 'Performance with Purpose' bet was vindicated.
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Mona Simpson's eulogy for her brother Steve Jobs — the intimate portrait, the family story, and those final words: Oh wow. Oh wow. Oh wow.
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Mukesh Ambani's 27-storey Antilia was called the world's most expensive home — and sat empty amid reports its owners feared bad luck. Inside the 2011 story.
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They had no demands, they were all unemployed dropouts — the Occupy Wall Street myths, and what the movement actually changed.
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October 15, 2011: Occupy goes global with London's 'Occupy the Stock Exchange' rally — Julian Assange and Peter Tatchell addressed the crowd at St Paul's.
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Manmohan Singh skips the 2011 Commonwealth summit in Perth — and the reason is Australia's refusal to sell uranium to non-NPT India.
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Occupy, Anna Hazare, China's factory strikes, Europe's austerity riots — the shared thread behind 2011's global wave of social unrest.
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In a 1985 Playboy interview at 29, Steve Jobs said 'it better be damn good' — twenty years later, his Stanford address made mortality his most quoted theme.
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An Iowa store owner ran a $10 contest for guessing which cashier would be fired next — and an unemployment judge called it 'egregious and deplorable.'
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Published the day after Steve Jobs's death: the story of his adoption, his childhood in Mountain View, and the turbulent boyhood that shaped Apple's co-founder.
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The iPhone 4S arrived in October 2011 with an A5 chip, 8MP camera and Siri — how Apple's specs stacked up against the Galaxy S II, Sensation XE and RAZR.
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Two weeks after Occupy Wall Street began, anti-corporate protests spread across the US — including an Occupy LA march from Pershing Square to City Hall.
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A reported $1.4 million bill for one undocumented patient's care reopened debate over emergency treatment, uncompensated care, and 'medical deportations.'
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