India rural lending: the right move

India’s finance minister, Palaniappan Chidambaram, joined some rather dodgy company this week, when he became the latest person to bloat the list of human rights beyond those old faithfuls like freedom of speech and freedom of worship — adding the right to borrow. I thought this argument lost support from everyone except Wall Street occupiers and CDO originators several years ago, but it turns out I was wrong.