RBI Should Make the Cash Crunch Permanent

Many states of India are again experiencing situation like demonetization of 2016. ATMs all across India are running dry and we are seeing long lines outside banks. The finance minister Mr. Arun Jaitley said that this shortage of cash is because of unusual sudden spike in the demand for money. Newspapers are citing causes related […]

Guns: Girl’s Defense Against Rapes

Rape attacks on girls are very common in India. It is the history of this country as evidenced by the rape of Draupadi by his own brother in laws inside the royal court! Recently many such cases were reported in North India, especially in Uttar Pradesh (the recent Unnao rape case), Haryana, Punjab and Jammu […]

Movie Review: Newton

Newton is very important but largely ignored recent movie depicting the reality of the state atrocities in the tribal areas of India in states like Bihar, Jharkhand, Madhya Pradesh etc., and the Maoist movement which emerged as a response to these atrocities. The movie is a story of a young and honest bureaucrat Newton (Nutan […]

The Decline of the State

In my last article we saw how the state arose during the middle of the seventeenth century in the Western Europe by conquering its rival institutions like Church, Nobility, Empires and Independent City-States. After rising to power, beginning in the nineteenth century, it consolidated its position and became a God like creature- an end in […]

The Rise of the State

Many people with whom I talk think that the political system of the centralized State is with us since time immemorial; that this system is going to be with us forever, and we can’t do anything about it. They held such false notions because they haven’t looked into the human history, especially the history of […]

Protectionism and Its Consequences

Globalization is in retreat and protectionism is again rising its head worldwide. Recently the American President Donald Trump announced that he will impose very steep tariffs on imported steel, aluminum products and cars . In retaliation the EU has threatened to impose heavy tariffs on American imports in EU. Trump is also waging a trade […]

India’s Population: Asset or Liability?

After the recent fire at a pub in Mumbai that killed 14 young girls, Hema Malini, a Member of Parliament, in an interview complained of excessive population growth, non-stop expansion of urban areas, lack of planning, failure of citizens to adhere to rules, and corruption among public servant. Her statements—particularly the ones related with increasing […]

PNB Fraud

Last week the Indian financial sector was rocked by another US$ 2 billion scam in the Punjab National Bank (PNB). According to latest reports the total scam amount can go up to US$ 3 billion. The main perpetrators of this scam are the famous jeweler Nirav Modi and his uncle Mehul Choksi, owner of another […]

Economics for Everyone Workshop (October 2018, Baroda)

Economics for Everyone flyer

We are glad to announce a 2 day workshop Economics for Everyone. It is going to be held in October 2018 at Baroda. It’s registration link will soon be open. This workshop is open for all the citizens who wish to learn sound economics so that they can understand what is happening in the Indian […]