Praxeology: My Reflexions on India

Many people ask me about what possibly can happen if Indian central bank RBI is abolished or it collapses under its own weight? The following write-up is a brief reply to such important questions. We in the Liberty camp, who talk about doing away with the statist central planning institutions like the central bank, have a responsibility of providing answers to such questions coming from concerned citizens who have lived their whole lives under this statist system and so they can’t think of any viable better alternatives because of their habit of thinking in the present system and their lack of imagination of alternative scenarios. At the outset let me declare that the following discussion is purely a theoretical exercise on this important issue of how to replace the RBI with something better and moral. As we all know, future is uncertain and we don’t know how market will configure itself once the central bank is gone. Notwithstanding this uncertainty, by using sound econo...

  The globalist institution World Economic Forum recently tweeted and then deleted that tweet after a huge backlash, Lockdowns are quietly improving cities around the world. With this heartless tweet all the conspiracy theories about these globalist people, like the leader of WEF Klaus Schwab or Bill Gates or George Soros and all Social media companies like Facebook, Amazon, Tweeter etc.,  trying to push their global communist agenda under the guise of Covid-19 and climate change become facts just like many such past conspiracy theories. It is now a surety that they either invented Covid-19 pandemic or used this episode and manufactured a crisis out of it to further their globalist agenda. This is definitely a highly immoral and criminal act because lockdowns have devastated economies and billions of lives around the world, and now we know they intended this result. This is surely an extremely inhumane act. Now, I can understand their wish and need for a green E...