The Constitution of India was debated by several eminent and far-thinking personalities who saw far, realised the dangers of large government and limited the government’s influence by including Fundamental Rights in Part III of the Constitution. As this article points out, the Constituent Assembly mostly dismissed Ambedkar’s vision of a socialist democracy : If the […]
So the Central Government has finally pulled off another dog and pony show and managed to get rid of Article 370 of the Constitution, which granted a special status to the State of Jammu and Kashmir. If you thought that the manner in which this was brought about was an attack on federalism, you are […]
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. […]