In my previous article, I discussed some basic concepts related to Interest Rates. Now, I thought it’s a good idea to look at what impact does artificial lowering of Interest Rates has on savings in general and why it is relevant to understand this. To begin with, let’s try and define what savings are in […]

This is real life story of the family of Ramchander, or Ramchandara, as he is called by his friends and acquaintances. Ramchandara is one of the “below below average” IQ person, with almost no skills. He earlier used to make a living working as a daily unskilled labourer to support his family of five – […]

Early in my schooldays I was taught that 14 November is ‘Children’s Day’ – the birth day of India’s first and the longest serving Prime Minister Jawaharlal Nehru, who was known for his passion for the welfare, education and development of children and young people. There used to be biographical sketches in textbooks and essay […]

For the past two weeks or so, there have been increasing number of voices in the government, industry and media suggesting that we need rate cuts by the RBI aka lower interest rates in the upcoming December 2014 announcement. The reason sighted in general for this are – lower bank credit off take, cooling food prices, […]

It is with a very heavy heart that we share with you the sad news of passing away of Sauvik Chakraverti, our good friend and ex-colleague. Sauvik was one of the most unabashed champions of individual freedom and free markets, and the fiercest critic of state intervention that I have ever met. Sauvik passed away […]

We have had a long track record of bad experiences when it comes to the government’s ability to deliver basic services to citizen. While it is important for governments to ensure ‘Equity’ which means it cannot shirk its responsibility of delivering services to citizens without discrimination; it is equally important for government to improve ‘Efficiency’, […]

Centre for Civil Society partnered with the University of Chicago Center in Delhi to host eminent author and historian, Johan Norberg for a public lecture on 16 October 2014. Norberg, best known as the author of In Defense of Global Capitalism, spoke about how globalisation is an opportunity for developing countries. Tasmania versus Tierra del […]

on 17 October 2014

Maharashtra state elections are just over but something was immensely disturbing about them. Let me start by posing a question. Would it not be a flawed system if the Chief Minister of Maharashtra is elected by voters in Madhya Pradesh? Yes, it undoubtedly would be as it would lead to a lack of democratic accountability […]

On the first sight of Professor Leonard Liggio, I thought he must be the libertarian opera singer. Little did I know that he really was the conductor of the liberty orchestra, orchestra not of instruments but of individuals humming with the music of liberty. That first sight was almost a quarter of a century ago! […]

Author: Beena Aiyar One of the most evocative moments of our independence struggle is Mahatma Gandhi’s Salt Satyagraha of 1930. Whether in Dandi, Dharasana or Vedaranyam—the simple act of walking to the shore and breaking British Salt laws shook up the Empire. Gandhiji’s powerful speech the night before his 250 km march to the shores […]