Modi is a proven sucker for praise and flattery, and Trump’s laying it on thick will be irresistible to him.
Governments always wrongly consider that economic problems come from lack of demand, and try “correcting” that by massively increasing deficits and using monetary policy
By Madhusudan Raj on Mises India Chapter 2, Vol I of the Economic Survey of India 2018-19 begins with this title: Policy for Homo Sapiens, Not Homo Economicus: Leveraging the Behavioural Economics of “Nudge”. It starts with the following Sanskrit stanza: We cannot rely totally on rational thinking to gain information, as it is not […]
From: Bharat Karnad [An overjoyed Modi in a clinch with Trump] It is by now a historic habit for India to miss opportunities, avoid contestation and, when absolutely pushed, lose from a winning position, in the main, because we can’t seem to keep our heads or our wits about us. This is as true […]
Authored by Pepe Escobar via The Strategic Culture Foundation The Trump administration is obsessively spinning the concept of a “free and open Indo-Pacific”. Apart from a small coterie of scholars, very few people around the world, especially across the Global South, know what that means since the then incipient strategy was first unveiled at the […]
From: Mises India Modi government, since again coming to power with even bigger majority than in 2014, is centralizing the economy and the society at a rapid pace. It is bringing out one central plan after another one. It is trying to dictate every little thing that is going on in India. For example, apart […]