Economics for Everyone

Mises India Institute, Anarchy for Freedom India and Ankur: The Center for Health, Wealth and Wisdom, Mumbai are glad to jointly announce their first workshop Economics for Everyone to be held on Sunday, 30th May, 2021 Sunday, 27th June, 2021 in Mumbai. The registration can be done through the link below. This workshop is open for all the citizens who wish to learn sound economics so that they can understand what is happening in the Indian and world economy, politics and society. You will learn to cope with real-life problems which they didn’t teach you how to in schools, colleges and universities.

NOTE: The workshop has been postponed due to on-going COVID situation in Mumbai. It will now be held on Sunday, 27th Jun, 2021. All registered participants will receive a mail regarding it. Stay tuned, Stay safe.

The Advice

One of the greatest economists of the twentieth century Ludwig von Mises in his magnum opus ‘Human Action’ said:

There is no means by which anyone can evade his personal responsibility. Whoever neglects to examine to the best of his abilities all the problems involved voluntarily surrenders his birthright to a self-appointed elite of supermen. In such vital matters blind reliance upon “experts” and uncritical acceptance of popular catchwords and prejudices is tantamount to the abandonment of self-determination and to yielding to other people’s domination. As conditions are today, nothing can be more important to every intelligent man than economics. His own fate and that of his progeny is at stake.

Very few are capable of contributing any consequential idea to the body of economic thought. But all reasonable men are called upon to familiarize themselves with the teachings of economics. This is, in our age, the primary civic duty.

Whether we like it or not, it is a fact that economics cannot remain an esoteric branch of knowledge accessible only to small groups of scholars and specialists. Economics deals with society’s fundamental problems; it concerns everyone and belongs to all. It is the main and proper study of every citizen. (Chapter 38, “The Place of Economics in Learning.”)

The Result

This workshop is a direct product of this advice of Mises. As he said, in our age it is every citizen’s civic duty to familiarize with the sound ideas of economic science. Hence, In order to help the citizens to learn these ideas we are organizing this workshop.


Timings Topic
10:00 AM to 11:00 AM · Introduction and The lesson; The broken window
————————— Tea Break —————————
11:00 AM to 12:00 PM · Public work means taxes
12:00 PM to 1:00 PM · Credit diverts production
————————— Lunch Break —————————
2:00 PM to 3:00 PM · Who is protected by tariff?
3:00 PM to 4:00 PM · Government price fixing
————————— Tea Break —————————
4:00 PM to 5:00 PM · The mirage of inflation


Workshop instructor is Dr. Madhusudan Raj. He is the founding President of Mises India Institute. He presently works as an Assistant Professor of Economics at South Gujarat University. He holds a Ph.D. degree in Economics as well as a graduate degree in Austrian Economics from the Ludwig von Mises Institute, USA.


The workshop will be held at Mumbai Sarvodaya Mandal, Gandhi Book Centre, Nana Chowk, next to Bhaji Galli, near Grant Road Station (West), Mumbai.

Workshop will be held on 30th May, 2021 27th June, 2021 (Sunday).


Henry Hazlitt’s popular book Economics in One Lesson (Selected chapters). Also, the PDF copy of the book will be given to participants.


Maximum 15 per workshop.


10.00 AM to 05.00 PM.


The last date of registration is 20th May, 2021 15th June, 2021. To confirm your registration you must pay the prescribed fee prior to last date of registration.


  • INR 500/- (Students with School/College ID)
  • INR 2000/- (Others / Non-Students)

Online Payment:

You can pay fees online (NEFT / RTGS / IMPS) to the account given below:

Account Name: Madhusudan Raj

Account Number: 443402010008632

Bank name: Union Bank of India

Branch: Vesu, Surat

IFSC Code: UBIN0544345 (used for RTGS, IMPS and NEFT transactions)

For direct Transfer:

UPI ID: madhusudanraj@icici


    Note: Those who register as students need to upload their current student id or present it when attending the workshop.