This article appeared in a publication of ‘Forum of Free Enterprise.’ Originally written in 1969, it was authored by A G Mulgaokar—an advocate and authority on constitutional law. At the time, the Right to Property was a Fundamental Right in the constitution; but was constantly being undermined by successive amendments. In our present discourse on Land Acquisition, the […]

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Perhaps there exists no state monopoly as large as the Indian railways—it holds the distinction of being one of the largest railway networks and the largest civilian employer in the world—employing over 1.5 million people. It also holds the dubious distinction of being poorly managed, unsafe, and unresponsive to the needs of people and businesses. There […]

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on 10 April 2015

Picture this: You are sharing your room with someone who is probably your best friend by the day, but by the night s/he is the most evil person…because your friend snores a lot at night. Here is the solution: BAN. I wear colourful and funky socks which might have some chances of affecting someone’s vision.The […]

by Shreekant Gupta Girish Shahane wrote an article for Scroll.in titled ‘Libertarians are right about the need to privatise Air India ‒ but wrong about much else‘. Mr Shahane’s article disappoints. It is naive and presents a caricature of libertarian philosophy. The writer’s bias is clear from the start. That is his prerogative. But to […]

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The other day, while I was walking down to the gym to get my membership renewed, I noticed many different kinds of people—when I say different kinds I mean with respect to shapes and sizes. This got me thinking—India has a population of near 1.25 billion and Delhi alone has close to 16 million. Yet […]

The Times of India report Private schools are not adding value is based on a study done in Andhra Pradesh. It claims that the study was done by the Azim Premji Foundation. Now Professor Karthik Muralidharan has also written about a School Choice Study in Andhra Pradesh. Karthik published a summary of the study in […]

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on 17 February 2015

Minimum Wage: Is this really a policy that benefits the poor? Or are there unintended consequences, something unseen that this policy is causing? I was 14 when I first came across this concept, and saw the negative impact of minimum wage. While walking home from school, I witnessed a labour union screaming at the top […]

Christopher Lingle gave a talk at CCS Chintan on 19 January 2015. He is Visiting Professor of Economics at the Universidad Francisco Marroquín in Guatemala, and his research interests are specifically political economy and international economics. Prof Lingle explored the concept of sound money and why we need it, in the process highlighting how central banks, which […]

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 – […]