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 →
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 →
By u/Zladtmohican1 on Reddit Listening to the Fed chair speak today has helped me organize this thought I have had for awhile. We know that USD and all fiat currencies are inflationary, but many people do not understand to what degree when you account for deflation. We live in a deflationary world. Deflation defined here... Continue Reading →
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 →
By Madhusudan Raj on Mises India Indian businesses, especially the so-called ‘too big to fail’ ones, are drowning in debt and are failing one after another. Here is a list of few of these businesses: First, the IL&FS default and insolvency. Also, DHLF, another giant housing finance company, is also near default. Second, Baba Ramdev’s... Continue Reading →
By Sanjeev Sabhlok on Seeing the Invisible (TOI) The Modi government has declared it wants to double farmers’ incomes. That’s something urgently needed. Let me assure him that it will be impossible to do so without a strong focus on biotechnology along with elimination of anti-farmer laws and strong application of economic policy to manage... Continue Reading →
INDIAN LIBERTY REPORT 