Reforms in India’s Defense Sector – Better Late than Never
Back in 2020, India Inc. had said that creating a separate capital budget for domestic acquisition in the current financial year (2020) and imposition of restrictions on imports of 101 weapons is a “game-changing” reform for self-reliance and will boost
Why Rothbard Trended on Twitter This Weekend
Jack Dorsey, Vipassanā meditation practitioner and billionaire CEO of Twitter, is known for cultivating an eclectic image as a guru and deep thinker. He is also well-known as a supporter of bitcoin, having a personal stake and speaking at conferences
The End of the Sound Economy
Murray Rothbard made the point to us in his US Economic History class at UNLV that economic downturns used to be called “panics.” But, the government believed that word to be too scary for the general public, so, “depression” began to
Reserve Bank of India announces Digital Payments Index
The main purpose of creating any index is to highlight/identify the trend of a particular market or sector (Digital Payments sector in the case of RBI-DPI) and compare it to a particular benchmark or goal. Through an index it is
How Nixon and the Rockefellers Teamed Up to Destroy the Dollar
August 15 marks a special date in American history: it commemorates the fiftieth anniversary of President Richard Nixon’s suspension of Bretton Woods. With this decision, the United States stopped redeeming foreign governments’ and banks’ dollars for gold. Consequently, the world economy
The Last Girl
“I want to be the last girl in the world with a story like mine” Nadia Murad is a Yazidi activist from Iraq who raised her voice against human trafficking and genocide by the IS(Islamic State) in Iraq. She won a
Don’t Trust the Brain Trust
The ghost of FDR is everywhere, haunting both Washington and New York. The terrible trouble is that the minds in power have confused an economic wrecker with an angel of mercy. They are following his confusions and prescriptions day to
How Nixon and FDR Used “Crises” to Destroy the Dollar’s Links to Gold
Since August 15, 1971, the US dollar has been completely severed from gold. President Richard Nixon suspended the most important component of the Bretton Woods system, which had been in effect since the end of World War II. Nixon announced
The unrequited love story of Olympics and India-a biased viewership, state initiatives and a century-long journey
Call up your friends, colleagues or family on a Saturday Noon after a ‘long summer week’, and try asking them about their weekend plans. Chances are that they’ll probably reply somewhere along the lines of, “Match dekh raha hun yaar!” Most of
This Is How Savings and Investment Pave the Way for an Advanced Economy
To maintain his life and well-being, an individual must have at his disposal an adequate amount of consumer goods. These goods, however, are not readily available. Without tools at his disposal and by means of his bare hands, the individual