Author Archives: Madhusudan Raj

Economics of Corruption

Corruption has been maligned by everyone as if it is something bad and has to be condemned and removed from society forever. Transparency International defines corruption as, We define corruption as the abuse of entrusted power for private gain. Corruption erodes trust, weakens democracy, hampers economic development and further exacerbates inequality, poverty, social division and […]

Afghanistan and the Criminal Gang called the Government

The political institute of the state historically evolved out of conquest of peaceful people by the hoards of marauders. Murray Rothbard in his important work Anatomy of the State discussed this theory,  We are now in a position to answer more fully the question: what is the State? The State, in the words of Oppenheimer, […]

There Are Trade-Offs

The global hunger report 2021 puts India at 101 out of 116 countries. Neighboring countries like Pakistan, Bangladesh, and Nepal are also better in terms of hunger compared to India. The only country in Asia that is behind India is Afghanistan. The Indian government has expressed its shock on the latest ranking. They have brushed […]

Is Narendra Modi killing Democracy in India?

Oxford University press India has refused to publish an upcoming book To Kill a Democracy by Debasish Roy Chowdhury and John Keane possibly because of fear of the Narendra Modi government. This book is highly critical of the policies of the Modi government. Asia Times reports: In an apparent attempt to avoid offending the government […]

Do Telecom Sector Tariffs Need To Rise In India?

Bharti Airtel chairman Sunil Mittal recently emphasised the need to raise tariffs saying that the major cause behind this crisis is low tariffs. He said,  To say that the telecom industry is in a bit of trouble is actually an understatement. It is in a tremendous amount of stress … Mittal emphasised the need to […]