THE POWER OF FREE MARKETS
“The record of history is absolutely crystal clear, that there is no alternative way so far discovered of improving the lot of the ordinary people that can hold a candle to the […]
“The record of history is absolutely crystal clear, that there is no alternative way so far discovered of improving the lot of the ordinary people that can hold a candle to the […]
When most of us think of “rights,” we imagine the things we are free to do, like make our own decisions, practice our […]
The only way to solve India’s waste management problems is by getting the government and local municipalities out of the waste management business and creating incentives for private companies to bring in […]
Almost three years ago the then newly elected Prime Minister Mr. Modi used the bully pulpit of his office to address a vital […]
The underlying cause of most problems in India is big government and the excessive reliance on the government to solve problems. This […]
Madam Speaker:
For almost 70 years, Finance Ministers have come to this august body and said: “ the government will do this, and the government […]
The ability to simplify means to eliminate the unnecessary so that the necessary may speak….Hans Hoffman
In a World Bank ranking on […]
At the World Economic Forum in Davos, India’s Commerce Minister Nirmala Sitharaman, made a preposterous statement. She suggested that the world needs to do […]
Here is a radical proposition. Abolish all current taxes in India: by all I mean all the 50 or so different direct and indirect […]
As demonetization unravels into a spiraling disaster the government is looking for new narratives to justify the policy. The latest justification that it will […]
Almost all government programs are started with good intentions, but the results are always the opposite of the intentions of the well-meaning people who originally backed it. – Milton Friedman (Nobel Prize, Economics, […]
Taxes distort economic choices and impede economic growth. Empirical evidence shows that a tax increase of 1 percent lowers real GDP by 1.5 percent […]
The Niti Ayog, the government’s premier think tank, recently unveiled a plan called First Play which lays down a strategy for getting India 50 medals in […]
Donald Trump will soon become the most powerful man on earth. The rhetoric of the campaign is over, and while it is hard to say exactly […]
Much has been written about demonetization and the impunity with which the elected leader of a country destroyed the currency of the fastest growing […]
When people start losing faith in the currency, it marks the start of the nation’s decline
Thomas Jefferson
Mr. Modi’s decision to demonetize […]
All big disasters start off as small events. Hurricane Katrina was a small ripple in the South Atlantic Ocean before it killed 2,000 people […]
The Reserve Bank of India (RBI) has several roles. It is the banker’s bank and is responsible for maintaining public confidence in the banking system. It is […]
It is sad to see the current state of affairs in this beautiful land of your birth, Kashmir. An entire generation is being lost, […]
The recent attacks on Uri by Pakistani trained terrorists is part of a strategic chess game that has been slowly playing out over the last decade, […]