Reason for Liberty

One of the greatest fallacies on economic depressions is that it is caused by overproduction. “Overproduction is the natural tendency of capitalism to expand the production of commodities that does not acknowledge the limits of the market (demand). Since the production and circulation of goods is not planned and firms are in constant competition for larger profits and greater market share, capitalist’s booms are always followed by busts as we see in the business cycle. In short, capitalist markets are NOT self regulatory.” This Marxian myth is based on the fact that in a depression there are unemployed factors of production and unsold surplus of goods.The adherents of these fallacy conclude from this that the capitalistic system produces too much in the period of boom,which is cleared away in the depression period.

Recently, NDTV reported about the situations of the governmental hospitals in Delhi. The mortality rate of Infants in the Delhi government hospitals is about 31%, much higher than what can be expected in an average health-care system.
NDTV further clarifies that, it is not the question of lack of investment in government hospitals, but the problem is more of the wastage of resources and careless attitude.
It is not like India spends very less in healthcare system, yet the system is suffering from unprofessional attitude.
Indian Health Minister Ramadoss scheduled an enquiry about the lapses in Delhi government Hospital systems. Watch!

Recently on Tuesday, October 16th 2008, RBI announced to inject Rs 2000 crores to help the mutual fund crisis of the Indian banks.
On first account, it may sound like a real example where the government proves its significance to help and foster the economy of country, but on a little deeper analysis, it will show simply that… Continue reading

The Nobel Laurete Paul Krugman,in his shockingly offensive article has put forward some solutions to the present economic crisis-Each one of them wrong and a dangerous step to take.He says that the nonfinancial economy is too desperately need of “help”. “The government should spend and spend.Let fiscal responsibility go to hell.We shouldn’t be

I am having a sort of running debate online with Sainath’s sycophants all over the world. I wouldn’t have ruthlessly criticized Sainath if I knew that he had such a huge fan following. Fed up with them, I have decided to plug a few blogs which expose his real face, which, indeed is very ugly.

Aadisht writes on how Sainath make

Indian health minister Anbumani Ramadoss had said, “The government has subsidized medical education in India. While studying in private colleges may cost Rs 4 lakh, the annual tuition fee of a medical student in a government college is just Rs 4,000 in Tamil Nadu. In AIIMS, it is just Rs 210 while in JIPMER it is Rs 125. So by asking them to serve India’s poor for just a year, we aren’t asking too much. Moreover, the stint will help them gain experience.”

According to officials, MBBS doctors will have to spend four months each in a primary health center, community health center and district hospital. They will be paid a monthly stipend of Rs 10,000. Continue reading

Cyberspace or Internet is considered to be the most apt example of freedom.
Though a common internet user never realizes but every packet of data sent or received by every internet user passes through the routers and transmission channels and infrastructure owned by a collection of private and public bodies, including telecommunication companies and government. It… Continue reading