Praxeology: My Reflexions on India

I am writing this blog this morning to let my fellow readers know that the country in which they are living - India - is a land of total lawlessness . I know that many of you already know this fact; only a person who is out of his mind would deny it because when people are being ruled by some rulers, whether that be Kings or some democratic State, chaos and lawlessness is the only logical outcome. But many of you who still could not see this fact, because your reason has betrayed you, will demand an evidence of this fact. Below I am presenting an evidence of one such recent event which will illustrate the fact that India indeed is a land of total lawlessness; It is a country which is ruled by barbarians, people who are having no respect for the rule of law and justice . Recently I am reading the book of John Maxcy Zane: The Story of Law . Last night while reading the chapter on ancient Greek Law , I came across couple of paragraphs, where Zane discusses what justice is not, which...

In the recent Union Budget, Finance Minister Pranab Mukherjee doubled the import duty on Gold as well as imposed a 0.3% excise duty on unbranded Gold products (see here for major issues involved in the on-going strike of jewelers and other Gold market troubles). The reason he cited for this policy move is the unfavorable impact of rising  Gold's import on the trade deficit. The real reason - which the government is hiding from the common man - is the troubles with their own budgetary deficit, which has already breached the limits (this always happens; government hardly runs  a surplus budget). The socialist welfare-warfare state is meddling in every imagined aspects of our lives and that is bound to increase government's all kinds of deficits. To fill the void in their revenue - i.e., loot - they want to mulct the jewelers now. The problem of trade deficit actually is government's own making. Without government's intervention in the economy, imports will be paid for ...