Praxeology is a science of human action where we logically spin out all the laws of human action starting from an a priori axiom of human action which is apodictic in nature i.e., necessarily true. In this article I am going to use praxeology to understand and then deduce some of the possible outcomes of […]
Author Archives: Madhusudan Raj
13
May
May
Amidst the ongoing Covid-19 lock down in India, yesterday the prime minister announced continuation of the lock down in its fourth phase in little less restricted mode. More importantly, he also announced an economic stimulus package worth 20 trillion rupees i.e., some 10% of India’s GDP. This package will also include already announced measures as […]
25
Apr
Apr
The original social contract which was prepared by political philosophers like Thomas Hobbes, John Locke and, especially, Jean Jacques Rousseau has expired. 300 years history of the world has proved that that contract hasn’t worked. It has failed. That contract was designed to bring the institution of Leviathan i.e., the State into existence so that […]
10
Apr
Apr
After 17 days of lock down in India, the official figures for total infections and deaths due to Coronavirus are 6,600 and 228 people respectively. At the beginning of this lock down the same numbers were 614 and 9 people respectively. Despite the lock down, infection cases in India have gone up 10 times and […]
06
Apr
Apr
Covid-19 Pandemic The world is in an unprecedented lock down over a threat of a flu virus’s new strain called SARS-Cov-2 that causes a respiratory disease called Covid-19. All the data so far coming suggest that the only group most vulnerable to this disease are very old people with underlying health issues like diabetes, heart […]