Economic Impact of the Lock Down on India

-
I was recently interviewed by Mr. Yohan Tengra of Anarchy for Freedom India to discuss the economic fallout of the Covid-19 lock down that the Indian government has imposed since last couple of months. We discussed the following topics: Economic condition of India before the lock down, The main factors responsible for our misery, The impact of post lock down measures, Problems with Atmanirbhar Bharat & protectionist policies, Don’t blame MNCs, blame the state, Impact of bailout packages on the Indian economy, Risking hyperinflation, Perspectives on India’s labor laws, Is Bill gates really powerful? and What you can do to secure your wealth & future.

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

Should Ratan Tata advise Mukesh Ambani about how to use his wealth?

-
A couple of days ago famous industrialist Ratan Tata commented about the lavish life style of another billionaire business tycoon Mukesh Ambani quoting his 27 storied Mumbai house viz., Antilla. Tata said that Mukesh Ambani's house Antilla represents the rich Indian's lack of empathy for the poor . His remarks: "The person who lives in there should be concerned about what he sees around him and [asking] can he make a difference. If he is not, then it's sad because this country needs people to allocate some of their enormous wealth to finding ways of mitigating the hardship that people have."  Is Ratan Tata right in his remarks or is he misguided in his judgements? Is he aware about the role of an entrepreneur in an economy or is he ignorant of this basic economic fact? Or is his remarks has some underlying assumptions which make those remarks perfectly apt for Mukesh's lifestyle? Let me deal with these questions one by one. I take two scenarios to carr
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