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: India
17
May
May
Before the mindless covid lockdown was imposed by the Modi government in March 2020 the unemployment rate in India was already at a 45 year high. Post lockdown the unemployment rate has sky rocketed and last April it was 7.83%. The latest CMIE report presents a very grim scenario of the Indian labor market. It […]
01
May
May
The politicization of the Indian society is becoming total day by day as the influence of Western culture and its institutions, which came to India with the colonial powers, wanes with time. The Indian subcontinent is retreating back to its tribal roots under successive regimes. The ruling BJP government both at the Federal level as […]
13
Mar
Mar
Russian president Vladimir Putin finally decided to stop the Western NATO power from coming too close to his country’s borders. Alarmed by the comment that Ukraine wants to become a nuclear power by Ukrainian prime minister Zelensky, Putin has invaded Ukraine and is either going to free it from its corrupt Western stooge government or […]
27
Feb
Feb
Some recent headlines re the entry of Elon Musk’s electric car company Tesla in India read something like the following, American car manufacturer, Tesla, is in serious negotiations with the Indian government over its entry into India. India is a very large market and all levels of purchases (high-end, mid-range and entry-level) are significant. However, […]