What’s Wrong with India and Its Economy?

-

Recently Mises India President Dr. Madhusudan Raj sat down with Mr. Yohan Tengra of Anarchy for Freedom to discuss India and its economy and to give insights on the root cause of what has created the many and various economic and social problems in India.
He discussed subjects such as:
  • Is Arvind Kejriwal our potential savior?
  • Why we are not taught Austrian economics in school?
  • Impact of Soviet styled Socialist central planning on India
  • How government disinvestment and privatization compare to real free market privatization?
  • Libertarianism v/s Socialism
  • Why profits aren’t evil (& the functions of profit & loss
  • How central banks (the RBI) create boom & bust cycles
 

Comments

Post a Comment

Please leave a civilized and intelligent comment. Usage of bad language is strictly prohibited. I always welcome a healthy discussion.

Popular posts from this blog

Narendra Modi: An Extraordinary Popular Delusion

-
Image
I was recently reading Charles Mackay's famous book, Memoirs of Extraordinary Popular Delusions and the Madness of Crowds , which discusses some of the major popular delusions like the Mississippi bubble, the tulip mania, the south sea bubble, the alchemists, the witch mania, crusades etc., of the known human history. These popular delusions exhibit a kind of madness of crowd which we see every now and then in all ages and at all places wherever human beings are present. The evolutionary brain, which has primed human nature for a kind of herd behavior, is the root cause of this phenomena, but I won't discuss this matter at length here in this post. I want to focus on one such extraordinary popular delusion and madness of crowd type of episode which is right now on-going in India. This episode is of the cult of the popular chief minister of Gujarat, Narendra Modi. The crowd is in frenzy re his name. Many deluded people want him to be the next prime minister of India and rescue t
Read more

Austrian Economics in India

-
Recently I sat down with Mr. Jayant Bhandari - Jayant Bhandari is an investment adviser, particularly in the natural resource sector, living in Canada. He advises institutional investors. -  to discuss India, Gujarat, Narendra Modi, Liberty and Austrian Economics in India and other such relevant issues. The following is the audio podcast of our discussion.
Read more

Narendra Modi's Development Model

-
Narendra Modi, the lead prime ministerial candidate of BJP party, is having an eight point development model, which he is proposing to implement if he comes to power in 2014. In this succinct write-up I want to analyze this Modi model. Although for those who have a thinking head on their shoulders this model presents nothing new, we, in any case, need to analyze it because Modi is likely to be the next PM of India. Let's take a look at the eight points of this development model one by one. My analysis follows the description of this eight point development model. Here is the model: Education & Job Opportunities for Youth: IITs, IIMs and AIIMS in all states Children & Women’s Empowerment: Beti Bachao Programme Urban Develeopment / Infrastructure: 100 smart Cities, Twin City Concept, Satellite Cities, Interlinking rivers, Golden Quadilateral of bullet trains Inflation/Price Control: Price Stabilisation Fund, Special courts for black marketeers Agriculture Reform: Dat
Read more