Tag Archives: Socialism

What’s Wrong with India and Its Economy?

Indian Economy

Recently Mises India President Dr. Madhusudan Raj sat down with Mr. Yohan Tengra of Anarchy for Freedom to discuss India and its economy and to give insights on the root cause of what has created the many and various economic and social problems in India. He discussed subjects such as: Is Arvind Kejriwal our potential savior? Why […]

Scarcity and Socialism

Life means reproduction and survival up to the age of reproduction. That survival requires energy that we receive by consuming various goods. There are two types of these goods. One that we use directly to satisfy our needs and second that indirectly satisfies our needs. The first one is called consumer goods and the second […]

Is Capitalism ‘Under Serious Threat’?

The former governor of RBI and the chief economist of IMF Dr. Raghuram Rajan recently told BBC that, I think capitalism is under serious threat because it’s stopped providing for the many, and when that happens, the many revolt against capitalism. He said governments cannot afford to ignore social inequality when considering the economy. Is […]