2 simple reasons why socialist economies always fail..
This is a short post – written as a prelude to a discussion on “Why Socialist Planning is a Stupid Idea” that I hope to host early in Jan ’12 (exact date/time to be...
Category: Indian Economy
W’end Reading: Tracking your moves, ASI, Ajmer & Manmohanomics
Start your Sunday evening with It’s Tracking Your Every Move and You May Not Even Know by Noam Cohen: A favorite pastime of Internet users is to share their location: services like Google Latitude...
Karti Chidambaram should read Milton Friedman
I stumbled on this article by Karti Chidambaram – identified simply as an AICC Member – more widely known as P Chidambaram’s son, earlier today and could not stop myself from responding. In the...
Prof Jagdish Bhagwati on Pankaj Mishra & fiction as non-fiction
Thanks to Sanjay for alerting me to this sharp and insightful speech by Prof Jagdish Bhagwati, titled, “This is how economic reforms have transformed India“, from which these excerpts (emphasis added): …the naysayers, among...
Is India’s young population a time-bomb waiting to explode?
One of the strongest theme in the narrative about India’s potential as a “superpower” is its youthful demographics (almost half of the population under the age of 25). Like many of us, I too...
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