Agency Cost

Starlink and Moonshots
On satellite internet, strategic anxiety, and the limits of saying not yet
Apr 11
Number Go Up
RBI's Financial Inclusion Index always goes up. But what do I do with that information?
Apr 2

March 2026

Loving Grace, Wrong Race
India has the right AI argument. Now let's build a mission that rises to its promise.
Mar 26
Yes, there are now regulations for making regulations. And that's a good thing.
India's regulators have discovered the value of process. Now they need someone to hold them to it.
Mar 7
NPCI's Market Concentration Fix: Have You Tried Asking Nicely?
The 30% cap was always going to fail. Here are some ideas that at least have a chance.
Mar 4
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