India, The Third World

India, The Third World

Posted by: on Dec 7, 2016 | No Comments

Should India subscribe to free market principles? Can India overtake the US? Here are some quotes from my book: India, The Third World.

Prohibition: Archaic Remedy That Failed (Part 4)

Prohibition: Archaic Remedy That Failed (Part 4)

Posted by: on Oct 28, 2016 | No Comments

Read Part 1, Part 2 and Part 3 of this series of articles.

What goes around, comes around and the buck stops only when the head understands the cost of doing things without a long-term vision and in the absence of a rather basic respect for the rights of others. Just as the US government had

Prohibition: Archaic Remedy That Failed (Part 3)

Prohibition: Archaic Remedy That Failed (Part 3)

Posted by: on Oct 21, 2016 | No Comments

Read Part 1 and Part 2 of this series of articles.

Prohibition of alcohol has proved to be a failed experiment a hundred years ago in the US. The biggest case against prohibition is the 13-year ban enforced in the US. You must keep in mind that pre-prohibition crime rates in the US

Prohibition: Archaic Remedy That Failed (Part 2)

Prohibition: Archaic Remedy That Failed (Part 2)

Posted by: on Oct 14, 2016 | No Comments

Read the first article of this series here.

Prohibition has been rejected by even the World Health Organization as a failed effort. However, India remains one of the few countries that

Prohibition: Archaic Remedy That Failed (Part 1)

Prohibition: Archaic Remedy That Failed (Part 1)

Posted by: on Oct 7, 2016 | No Comments

Definitely, the Government imagines that handholding a nation of 1.252 billion will teach our multitudes the discretionary wisdom to judge right from wrong. Strangely, when looked at in entirety, one wonders if it is the Government that needs handholding to help it understand the cockamamie ideas,

60 Years of Economic Growth In Five-year Installments

60 Years of Economic Growth In Five-year Installments

Posted by: on Aug 27, 2016 | No Comments

When India first won its Independence, it still had a long way to go before it could become self-sufficient. Carving out large chunks of industry and commerce as state-run establishments under the socialist structure that our nation’s leaders outlined seemed like the best way forward. And now, 60 years later, we are still following

Landmark GST Bill Opens India to a Common Market System

Landmark GST Bill Opens India to a Common Market System

Posted by: on Aug 20, 2016 | No Comments

Somewhere along the path of errors comes a cumulative benefit. India has passed the much-awaited Goods and Services Tax (GST). The Indian Parliament voted 197 in favour of this bill with none against in the Rajya Sabaha. This bill is being hailed as a landmark tax reform and the biggest since Independence. Under the new bill, the existing system of Value Added Tax (VAT)

Apple vs the FBI – A Case of Privacy vs Security

Apple vs the FBI – A Case of Privacy vs Security

Posted by: on Mar 16, 2016 | No Comments

On December 2, 2015, two terrorists, Syed Rizwan Farook and his wife Tashfeen Malik, killed 14 people and injured 22 others in the city of San Bernardino, California. The couple were shot dead by the police in a shootout following a chase.

A Constitutional Monarchy that is a Free Market – The Paradox of Bahrain

A Constitutional Monarchy that is a Free Market – The Paradox of Bahrain

Posted by: on Dec 26, 2015 | No Comments

The kingdom of Bahrain is no more than an archipelago consisting of thirty islands in the Persian Gulf. However, when it comes to liberalism of economy, it surprisingly leads most countries of the world. The 2015 Index of Economic

Dr. Roy Spencer: The Meteorologist Who is a Free Market Thinker

Dr. Roy Spencer: The Meteorologist Who is a Free Market Thinker

Posted by: on Nov 26, 2015 | No Comments

It is rare to come across a person who is as diverse as Roy Spencer. He describes himself as a climatologist, author and a former NASA scientist. Other than his many contributions academically, he is also attributed with many memorable