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Book Review: The Future of Freedom
Summary Fareed Zakaria’s book “The Future of Freedom – Illiberal Democracy at Home & Abroad” is a critique of democracy. Zakaria notes that democracy is not the same thing as constitutional...
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Poverty
What is poverty? What are its causes? Is it a personal problem or a social problem or a political problem? Whose responsibility is it? What actions are needed to eradicate it? The Merriam-Webster...
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Political systems and success
In a comment on my previous post “History is not the case against collectivism”, Mark asked I also just realized, that a system/ideal can be judged from a moral standpoint separately from a history:...
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A new blog on business, economics and free enterprise
Simply Capitalism (feed) is a new blog on business, economics and free enterprise. Here is an excerpt from their first post Today, we live in a mixed economy made up of both semi-free markets and...
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Economics in one unlearnt lesson
I recently found the time to read Henry Hazlitt’s book “Economics in One Lesson” (available online here). The book conclusively demonstrates that any attempts to coerce the free market can only result...
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Social planning
In a response to a forwarded post, a friend made the following argument (I am putting only its essence and in my own words, since I have not taken permission to make it public) Market forces can...
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Externalities
My last post on Social Planning did not address the issue of externalities as well as I would have liked so I decided to write some more on it. For the first part of the arguement, consider the example...
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2G and the real scam
Allegedly, the public exchequer has incurred a loss of several tens of thousands of crores of potential income from auctions on the 2G spectrum. And the controversy over this refuses to die down. No...
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Thoughts about technology funding
Over the past three days, I attended a workshop on GPU programming and applications at IIT Bombay by NVIDIA. Here are a few comments by different speakers, that stayed with me. And prompted me to write...
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Net Neutrality is not about freedom
This post is addressed to all the proponents of net neutrality on the grounds of the freedom of choice of the consumer. But net neutrality has nothing to do with freedom. The principle of net...
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