Some old fallacies never die no matter how hard we try to expose them. The fallacious notion of the virtues of inflation among some of the mainstream economists and media pundits is one such fallacy. Such fallacies are the result of a total misunderstanding of how an economy works. Mainstream economists and pundits, who rely […]
Tag Archives: Government
08
Jan
Jan
In the list of the world’s top polluted cities majority are from India. India’s capital New Delhi is again in the grips of very hazardous pollution. Delhi government has shutdown schools, I have no idea how shutting down schools will stop or lessen pollution or keep children healthy but that is a question for some […]
13
Dec
Dec
When it comes to the political choices in India, Indians have no real choices. All political parties in India, in one form or another, are wedded to the ideology of socialism and its variants like communism. Whether it is the ruling BJP party or the major opposition Congress party or the Aam Aadmi Party, they […]
16
Nov
Nov
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 […]
30
Oct
Oct
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, […]