Author name: M. M. Goel

Prof. Madan Mohan Goel, Former Vice Chancellor and proponent of Needonomics..

The Emotional Economics of Anger, Revenge, and Forgiveness

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Needonomics teaches that resources—whether material, emotional, or intellectual—should be used wisely. Anger, revenge, and reactive behaviour are emotionally expensive habits that yield poor outcomes. A heart that behaves like a volcano—constantly erupting with anger, resentment, and negativity—cannot expect flowers to bloom. Harmony, goodwill, and meaningful relationships cannot flourish in an environment dominated by emotional explosions. […]

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Needonomics: Bringing Morality Back to Economics

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The Needonomics School of Thought (NST) believes that economics cannot remain value-neutral; it must guide human behaviour toward balance, responsibility, and ethical consumption. Hence, the Needonomist is not content with what is — they aspire to explore what ought to be. In the realm of ideas, the distinction between an economist and a Needonomist is

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Rethinking Pension Tax: Towards Ease of Good Old Living

Leave a Comment / Economy, OPINION /

A Viksit Bharat by 2047 cannot emerge on the foundation of neglecting its elders. Ensuring tax-free pensions, inflation protection, and expanded senior citizen savings schemes is not charity—it is justice. It is both a moral and economic necessity for a society that values its past while building its future.  The moral strength of a civilisation lies in how it

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From-Rivalry-to-AffectionNeedonomics-Insights-on-the-U.S.–China-Duopoly-and-India's-Balancing-Act.

From Rivalry to Affection: Needonomics Insights on the U.S.–China Duopoly and India’s Balancing Act

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Needonomics School of Thought believes that the real progress of humankind lies not in competition but in cooperation, not in domination but in dialogue. The United States and China must realize that peace, stability, and genuine understanding are far more valuable than transient economic victories. If both nations approach their relationship with transparency and sincerity,

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Needonomics: The Bhagavad Gita’s Path to Ethical and Sustainable Prosperity

1 Comment / Culture, OPINION /

 Needonomics School of Thought (NST), inspired by the timeless wisdom of the Bhagavad Gita, is not only an economic model but also a philosophy for meaningful existence. It teaches that prosperity without morality, power without purpose, and progress without compassion lead only to imbalance and suffering. In today’s world of economic expansion and moral decline, where materialism

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From Greedonomics to Needonomics: Rethinking Economics for a Fair and Sustainable Future

Leave a Comment / OPINION, Society /

Every society grapples with the tension between wants and needs, between accumulation and sufficiency, between competition and cooperation. Needonomics School of Thought offers an ethical compass to navigate these dilemmas. The global community stands at a defining crossroads today. Despite unprecedented technological progress, the centralized state and globalized markets are failing to address the most

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Karambhumi & Needonomics: Transforming Work from Stress to Joy, Purpose, and Spiritual Growth

Leave a Comment / OPINION, Society, SPOTLIGHT /

In today’s context, the idea of Karambhumi assumes renewed importance. Globalization, migration, and digitization have blurred the boundaries of geographical workplaces. For the Needonomics School of Thought workplace—whether rural or urban, physical or digital—is a Karambhumi where ethical action can be cultivated. Needonomics School of Thought (NST) emphasizes that Karambhumi—the land of action, or one’s workplace—is the most significant dimension

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Reviving the Indian Coffee House Legacy: Towards Inclusive and Sustainable Cafeterias

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If the Indian Coffee House represented the warmth of “one more cup before we leave,” today’s cafeterias must represent the freedom of “choose our cup, stay as long as we need.” In doing so, we would not only revive the legacy of the Coffee House but also reinvent it for the challenges and aspirations of

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Childhood Obesity in Bharat: Needonomics for Nutrition Security and Healthy Demographic Dividend

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The obesity crisis among children is not just a health issue; it is a moral, social, and economic challenge. By prioritizing needs over wants, by embracing mindful needo-consumption, and by balancing food with physical activity and digital fasting, Bharat can safeguard the health of its future generations. The recently released Child Nutrition Report 2025 of UNICEF, titled “Feeding

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GST and Governance in India

GST and Governance in India

1 Comment / Economy /

To implement GST effectively, we need coordination between bureaucrats and the politicians in power. We need to understand Chakravyuha Challenges of the Indian Economy ‘ making great strides in removing entry barriers for firms, talent, and technology but showing less vigour to remove the exit barriers’. We have to be alert, aware, and awake of the ‘Cobra Effect’ which occurs when an attempted solution to a problem makes the problem worse.

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