Top stories published by Spontaneous Order in August of 2010

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Top Stories published by Spontaneous Order in August of 2010

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2010

August

Centre for Civil Society in Spontaneous Order

Aug 1, 2010

India vs. China: How far the political system could influence growth?

Both China and India have grown rapidly in the last decade. However, India seems to perform less well in terms of economic growth and poverty alleviation compared to China. China’s results are striking: 9%…

Centre for Civil Society in Spontaneous Order

Aug 9, 2010

Spontaneous Order of the Market

According to a 1990 paper by Murray N. Rothbard, published in the Journal of Libertarian Studies, the great Taoist Chuang Tzu (369 B.C- 286 B.C) was the first person to work out the idea of ‘Spontaneous Order’. Chuang Tzu said, “Good order results spontaneously when things…

Centre for Civil Society in Spontaneous Order

Aug 6, 2010

The case of Infant Industry

The infant industry argument is often used to portray a seeming market failure. Since Colbert in France and later in England with Hamilton in the 1780–90’s, taxpayers have been taught that, in the interest of the whole country, the government should protect its nascent industry…

Centre for Civil Society in Spontaneous Order

Aug 2, 2010

Economics of Science

When an entrepreneur invests his savings or borrowings in a business venture, he is primarily motivated by the profit incentive. Same is true for his making investments in the field of research and development, where he is trying to outsmart his competitor and thus earn the loyalty of even…

Centre for Civil Society in Spontaneous Order

Aug 12, 2010

The word ‘Freedom’ does not exist in China

If I say, China is not the freest country on earth, you wouldn’t be flabbergasted. If I say, China infringes human rights on a daily basis, you wouldn’t be either. However, I’m always appalled by the schizophrenic Chinese government behavior in terms of…

Centre for Civil Society in Spontaneous Order

Aug 4, 2010

What is not seen: the case of P.A Babbar

Frederic Bastiat in his influential article “What is seen and what is not seen” describes how often we tend to assume that one action in a social system has a one given, apparent consequence, where it might really have many; all antithetical to each other.

Centre for Civil Society in Spontaneous Order

Aug 4, 2010

Climategate and the case of Settled Science

The science of weather forecasting is very complex and any prediction of the weather can only be made with a certain probability. The sheer number of ever-changing variables is cause enough to reduce the field to an inexact science. This science on the…

Centre for Civil Society in Spontaneous Order

Aug 20, 2010

The Great Question of ‘What If’

Some of the most important questions that economic scientists should answer are the questions starting with “What If”. Should we be content with the GDP growth rate (keeping the questionable effectiveness of GDP growth rate as a measure of economic growth and rising…

Centre for Civil Society in Spontaneous Order

Aug 17, 2010

CWG: India going the Greece’s way…?

I am not suggesting here that India will soon be in a situation where Greece is today. However, events in the recent past are not very inspiring for the long run sustainable economic growth.

Centre for Civil Society in Spontaneous Order

Aug 22, 2010

Book Review: The case for privatization of water supply

That’s it, I did it and I want to tell the world about it. It’s been a long but entertaining journey of a bit more than 100 pages, and I finally went through. Deep down in the dark water of privatization but notwithstanding appealing…

July 2010

October 2010

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