Mises India : Behavioral Economics is the New Excuse for Modi’s Tyranny

By Madhusudan Raj on Mises India Chapter 2, Vol I of the Economic Survey of India 2018-19 begins with this title: Policy for Homo Sapiens, Not Homo Economicus: Leveraging the Behavioural Economics of “Nudge”. It starts with the following Sanskrit stanza: We cannot rely totally on rational thinking to gain information, as it is not... Continue Reading →

Gold Smuggling to India & Japan is a Symptom of Governments’ War on Gold

From BullionStar.com on Zerohedge Smuggling gold to India and Japan has become a lucrative business for many dealers and middlemen across Asia. It is widely known that demand for physical gold by Asian populations is insatiable. From the estimated 25,000 tonnes of gold held by India’s population to the more than 20,000 tonnes of gold calculated to be held... Continue Reading →

Inconvenient Energy Realities

By Mark Mills on Economics21.org The math behind “The New Energy Economy: An Exercise in Magical Thinking” A week doesn’t pass without a mayor, governor, policymaker or pundit joining the rush to demand, or predict, an energy future that is entirely based on wind/solar and batteries, freed from the “burden” of the hydrocarbons that have... Continue Reading →

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