First published on Actual Anarchy With the advent of Modinomics, there is a considerable decline in the process of intellectualisation in the economic sphere. It may be a new norm of new India. The production of arguments, generally led by a coterie of statists, is usually drenched with the hopeless spirit of incoherent reasoning, confirmation […]
From @screwedbystate , presented without comment.. for readers familiar to twitter please read the original thread with references here. Abolition of GST would be an instant and big stimulus. But Fakeer’s greed is too great. It’s actually rather easy to have a decent economy – all that’s needed is to dial down govt greed for […]
By Sanjeev Sabhlok first appeared in TOI on August 1, 2019, 3:34 PM IST. Permalink: Maximise the current generation’s wealth and review any CO2 issues in 2050 As a rule of thumb, 80 per cent of policy development should be about understanding the problem. Once a problem is understood, the solution generally commends itself. But in the […]
By Vijay Victor on the Mises Wire One of the hot topics discussed among many economists in the last month was the anomalies found in the Indian GDP estimates. A working paper published by Arvind Subramanian, the former Chief Economic Advisor to the Government of India exposed how that the GDP estimates of India are overstated. […]
As a liberal party, our default position is to reject any government intervention in the lives of people unless it is thoroughly justified. In particular, we reject the wishy-washy precautionary principle. Real harm must be proven before even the thought of government intervention is entertained. It is a matter of concern to us that Indian […]
A bunch of bureaucrats at the utterly pathetic Ministry of Finance have come up with a draft bill basically banning any economic activity using bitcoin or other cryptocurrencies. Well, good luck. It might be hard for these bureaucrats and ministers to get this in their heads, but we repeat: SIMPLE ENCRYPTION 1 = message 4 […]