The 1970s Oil Crisis: A Case Study in Market Distortion

The 1970s Oil Crisis: A Case Study in Market Distortion

The 1970s oil crisis was perhaps one of the most chaotic chapters in modern history, but it taught us with a crucial lesson in economics. It completely changed how we think about energy, global trade and the limits of

Sweat Shops

Posted by: on Oct 28, 2010 | One Comment

Amongst the anti-capitalist images generated by Marxists, is the image of a sweat shop full of children working hard on shoes for a big corporation like Nike. Their argument against the sweat-shop is plain; it is torture of children for the sake of large-scale profits.

Citizen and State

Posted by: on Oct 19, 2010 | One Comment

China has come to be synonymous with words like communism and state control. The image of China is irrevocably one of a state with complete control over its citizens. And because of this overriding power of state the image of the country is, to a large extent the image of the State.

The Commonwealth Games

Posted by: on Oct 18, 2010 | No Comments

It must have struck some of you; the way the media, in the middle of the commonwealth games, seemed to change its very acrimonious stance towards the government. The games went very quickly from being shame of the nation to being a cause for patriotic pride.

Construction Sight

Posted by: on Sep 29, 2010 | No Comments

The sight of Delhi is now the construction site. With the government scurrying around to pull off the city’s miraculous face-lift in time for the Commonwealth Games, the city has become an accumulation of construction material.

The Military Industrial Complex

Posted by: on Sep 29, 2010 | One Comment

The US deployment of troops in Afghanistan has raised much ironic press against Nobel Peace Prize winner, Barack Obama. It has also brought back speculation with regards to the US defense budget, specifically money allocated to private production of defense equipment and the supply of this

TERRORISM

Posted by: on Jun 30, 2010 | No Comments

“Let the ownership of banks, industry and trade remain in private hands. Let us thrive by eliminating controls and taxes. Under these circumstances we would not readily take to arms. People in Hong Kong, Singapore, Japan, Switzerland, Taiwan are not interested in dying for a

Communism

Posted by: on May 28, 2010 | One Comment

“The demise of communism has led to the realization that it never was, is no longer and will never be a viable economic system.”

Kasab and Tackling Crime & Terrorism

Posted by: on May 24, 2010 | No Comments

An overwhelming majority of people supported the death sentence for Kasab. More importantly an overwhelming majority of those who were his victims (obviously relatives of those he killed) wanted him executed.

Kasab and Tackling Crime & Terrorism

Posted by: on May 24, 2010 | No Comments

An overwhelming majority of people supported the death sentence for Kasab. More importantly an overwhelming majority of those who were his victims (obviously relatives of those he killed) wanted him executed.

Open The Borders

Posted by: on Oct 10, 2006 | No Comments

We have our freedom to move & settle, according to our choice. Then what is it, that chains our feet?