STATE-SPONSORED OR MARKET DRIVEN CAPITALISM
Mr Modi will encounter a tough economic climate in his second term. The combination of heightened expectations and a weaker global economy will act as headwinds. Plus, he can no longer deflect […]
MODI HAPPENED AT THE RIGHT TIME FOR INDIAN DEMOCRACY
Truth is not the first casualty of war alone; it is the first casualty of populism
Today’s world is being increasingly shaped by charismatic leaders. In the US, Europe, and more […]
RBI’s INDEPENDENCE AT STAKE
The Ministry of Finance and the Reserve Bank of India (RBI) are engaged in a dangerous game of chicken. Game theory tells us that “winning” or playing such a game to its […]
WHAT MODI CAN LEARN FROM TRUMP
The New York Times (NYT) is as rabidly anti-Trump as any other newspaper in the world. So recently (June 1, 2018) when the […]
TIME FOR INDIAN VOTERS TO WAKE UP
Governments never learn–only people learn. Voting, therefore, is a right best exercised by people who have taken time to learn about the issues
It will soon be election time in India–a […]
INCOME INEQUALITY: FACTS AND FICTION
There is a world of difference between treating people equally and attempting to make them equal
It appears […]
CRYPTOCURRENCIES: MONETARY FUTURE OR FAD
Imagine a world with no controls on how you exchange money with people. There are no global boundaries on where goods and services are […]
INDIA’S BIGGEST PROBLEM: BIG GOVERNMENT
November 8th, the “ anniversary ” of demonetization, was also a day that hazardous airborne pollutants crossed critical levels in Delhi. One event caused […]
LAISSEZ FAIRE–LESSONS FOR INDIA’S BIG GOVERNMENT
Even Mr.Modi’s most ardent critics will acknowledge his immense enthusiasm and self-belief. But it is his misguided belief that he can somehow “fix” […]
ECONOMIC FREEDOM–INDIA’S PATH TO PROSPERITY
Economic freedom is the bedrock of modern capitalist societies. It is based on personal rights, voluntary exchange, and open markets. The link between economic freedom and prosperity has never been clearer. The […]