This is a very interesting chart showing the dimensions of politics in India. (HT: The Acorn: On the Indian National Interest).
(Originally published on www.azadi.me)
Free Markets as Cultural Liberation
It has become intellectual fashion to hold capitalism, neo-liberalism, and globalization guilty for skyrocketing prices, recession, and…
People will never give up their flirtation with socialist ideas unless they come to understand that the horrors of communism are necessary consequences of socialism consistently applied.
Mises.org published a concise article about how India is still trapped by the notion of a mixed economy, though the mix has changed. Discussing NREGA, FDI, and the agricultural sector, it contends:
Last Monday, cotton farmers and traders went to work to discover that government had changed the rules of the game in mid-play. The Directorate General of Foreign Trade announced a ban on the further export of cotton with immediate effect.
Those interested in the wider global progress of the liberty movement will be sick to their stomachs to learn that The Cato Institute, the world’s most productive, influential, and respected, libertarian think tank, is being threatened by a hostile takeover…
I returned home last night to a disturbing scene. Someone was moving his things into one of the vacant flats downstairs. “Are you moving in?” I asked. “No. MCD guys were here. They kicked us out of our flat and demolished it.” I quickly went up to see. Their place…
Surprise, surprise. The symbolic head of state, President Patil, has spent a huge amount of tax payers money travelling around the world. Her actions are apropos in that they accurately symbolize the fact that government wastes resources.
