Robert Heilbroner: “Mises was right!”

I learned a lot of economic history, well atleast one side of the history, from The Worldly Philosophers. Its author Robert Heilbroner passed away early this month. He was one socialist who had the courage to publicly amdit the failure of socialism after the…

Heritage Foundation’s Economic Freedom Index

Looking for the “land of the free”? Try Estonia.

OR IRELAND. OR CHILE. OR DENMARK. OR EVEN ICELAND. These countries now offer more economic freedom than the United States.

Caste, performance, & urbanisation

“If discrimination against an historically oppressed social group is dismantled, will the group forge ahead? Hoff and Pandey present experimental evidence that a history of social and legal disabilities may have persistent effects on a group’s earnings through its…

Sumo with the Tsunami

When all else has been pretty much said you select the voices at the fringes to express your opinions.
The Asian mega quake was equivalent of one million nuclear bombs exploded all at once. How does one deal with it? There are two ways: Prediction before the event and Action after the…

Aid: People to People, not G to G

Only about 15% reaches the beneficiary in government schemes. Are government run relief programs likely to have a better percentage? If not, then what do efficiency minded liberals do in disasters like tsunami?

Arnie, the politician: Hitting all the right notes!

GOVERNOR SCHWARZENEGGER’S STATE OF THE STATE ADDRESS

Wednesday, 01/05/2005 05:00 pm

…In these State of the State speeches, governors often begin by listing their accomplishments of the past…

Whose money is it anyway?

There is one big difference between how the government functions and how markets function. While the government spends our money on projects that don’t always have a direct benefit for its people, markets spend money creating products that are of utility to its consumers. Take the…

Birthdays and movies

It has been difficult to keep up with the blog writing with other porject deadlines and travels for family emergencies. One begins to admire more and more those who are able to blog daily. Well, on my birthday, I am trying to get back in the groove. I have found all through these years that…

Re-thinking Tsunami Aid

This may be an opportune time to think of the type of aid being given in the tsunami areas, over and above simply the modality of aid flows –
private or government. A couple of things come to mind. One, for most of
these communities while aid for immediate consumption and health needs…