Will Some Countries Continue to be Poor?

Will Some Countries Continue to be Poor?

Posted by: on Apr 17, 2018 | No Comments

More than 8% of the world population live in “extreme poverty”, according to figures reported by the Federal Ministry for Economic Cooperation and Development. Does that sound like

Are High Taxes Good for the Economy?

Are High Taxes Good for the Economy?

Posted by: on Dec 18, 2017 | No Comments

Advocates of high taxes are often heard saying that taxes strengthen the nation by funding essential public utilities (like highways and elementary schooling) that benefit citizens and facilitate businesses. On the other hand, free

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