Sucheta Dalal : A few anecdotes of tax terrorism
Taxation, whether legitimate or illegitimate, is ultimately theft because it lacks consent.
Category: Misc
The Cultural and Political Consequences of Fiat Money
We can apply economic analysis to explain cultural transformation, and a particularly important example is fiat money. It has a very negative impact on our culture.
Nation and State Are Two Different Things
By Dusty Wunderlich on the Mises Wire I recently returned from two weeks abroad in Russia, I did the usual sightseeing, but my main objective was to climb the highest peak in Europe, Mount Elbrus, which happens to be in Southern Russia. This is the fourth of the seven highest peaks on each continent I’ve […]
Prof. Jaimine : The Emergence of Sanatana Marxism
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 […]
Screwed by State : Nothing good will come out of war on “black money”
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 […]
Are India and China Booming as Much as They Claim?
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. […]