Archive for the Objectivism Category

US Congress and Global Warming

Jul

16

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Global warming or climate change is a worldwide disquiet that needs to be addressed in a proper way. Scientific studies have regularly provided enough evidences regarding the regarding the human activities that harms the natural balance of our planet by producing large amounts of greenhouse gases (GHGs), most notably Carbon Di Oxide (CO2) by burning fuels. Now when it is established that global warming is a real concern, why is it that the world’s leading power, the United States is not able to legislate enough stern laws to check the pollution, emission of greenhouse gases, human activities that are causing global warming and to provide better greener ways to lead the world. The United States is the biggest contributor of green house gases, specifically the Carbon Di Oxide emission from coal based power plants, the Energy Information Administration (EIA) of U.S reports that the United States’ Greenhouse Gas emission grew by 12% between 1990 and 2001. The global warming has already raised the average global sea level by four to eight inches during the last 100 years. Scientists believe that the increasing levels of GHGs may cause acute climatic and health impacts on humanity. Despite of all these known facts, the government of United States under the leadership of President George W. Bush rejected the Kyoto Protocol of 1997 and refused to sign the agreement that required United States to reduce its GHGs emission rate to 5% to 8% below their average level of 1990 by 2008 to 2012. On the other hand, Bush supported the idea of voluntary research and efforts at enhancing energy efficiency. In 2002 at Climate Action Report to the United Nations, Bush administration accepted the risks from global warming and informed that the GHGs emission of United States will increase by almost 43 per cent between 2002 and 2020 if the US government does not take stern actions to reduce GHGs emission1 In July 2004, Bush administration again accepted in their report to Congress on U.S. Climate Change Science Program that that the most probable explanation for global warming since 1950 is the increasing levels of carbon dioxide from human activities. However, Bush administration maintained their position to not to opt for any compulsory policies to reduce the emission of GHGs until more conclusive evidences about global warming are not produced. Global warming is affecting everybody on the earth and it is the cause of serious damages to all. Yet, no country initiates to take stern steps to reduce their reduction of GHGs. In his journal regarding Global Warming and its affect, Bradford Mank raises the question “Is Injury to All Injury to None?”2 The idea is simple, since global warming is definitely hurting everybody, yet, the prevention requires immediate actions that may prove to be commercially unviable, hence the governments throughout the world and specially the US government hesitate to bring about any concrete change in their policies to reduce emission of GHGs. Maybe, the injury to all is nobody’s concern.
On January 20th, 2009, when Barack Obama took charge as the 44th president of US, everybody hoped for better involvement of United States government and Congress in the bid to reduce the emission of GHGs worldwide3
Yet, apart from some policy changes, the new administration of US also failed to take any concrete and defining step to face the dangers of global warming and to resolve to reduce the emission of GHGs significantly.

Federal/National Climate Policy

Photo by joiseyshowaa, released under Creative Commons Attribution-ShareAlike 2.0 Generic
The Copenhagen Climate Summit failed4 to impress anybody and despite all the hopes attached with Obama, no significant change was visible. Obviously, Obama administration had a great deal of immediate problems to tackle with including the recession period of 2009, the huge stimulus and highly increasing national debt along with the socialistic burdensome programs like healthcare reforms. However, a change was visible in the attitude of administration and on January 26, 2009, the House of Representatives of US Energy Independence and Climate Legislation, the Congress also passed the American Clean Energy and Security Act, both the legislations were meant to encourage renewable energy usage and increase energy efficiency. The Cash for Clunker program suggested the US administration’s initiative towards the greener options, the Cap Carbon Trade plan showed positive approach towards greener US, and US government also started trying to encourage innovators and entrepreneurs to create greener jobs.5 . The Clean Energy Job and American Power Act provided many programs that will raise funds from government to invest in the inventions and development of greener options for electricity requirements and will provide huge opportunity of green jobs.6 Yet, on bigger plan, there is no strict path towards achieving and implementing some policies that would lead US to reduce the emission of GHGs to about 5% to 8% below the level of 1990′s.
Not only that, all these positive steps towards clean air, green surroundings, clear atmosphere and cooler globe faced opposition within the senate in the form of The Dirty Air Act. The Dirty Air Act attacks the Clean Air Act directly. Many big oil companies and some senators along with their lobbyists claimed that Environmental Protection Agency’s (EPA) statement about the dangers of carbon pollution does not show any major threat to public health or welfare. If the Dirty Air Act passes, the US consumption of foreign and domestic oil will increase further and that will undo all the positive steps taken towards greener USA.7

Business Partnerships

Photo by joiseyshowaa, released under Creative Commons Attribution-ShareAlike 2.0 Generic license One of the main reason behind the inability of the Congress of US is the powerful US corporate that funds in electoral campaigns. The business partnerships of US provide a space of such political forum where the motives of big enterprises cannot be ignored. Obviously, the big conglomerate like BP America, DuPont, and General Electric etc cannot afford to let Congress restrict their source of profits. Furthermore, no government would like to hurt the economy of the nation by almost destroying the leading industries of the country. The big oil companies deny accepting Clean Air Act, or any other proposal to reduce the carbon consumption.
William R. Cline in his book The Economics of Global Warming explained the expected economic damages that may be caused by global warming. He suggested that if the damages caused by global warming are smaller than the costs of reduction of emissions from fossil fuels, deforestation and other sources, than the attempt to discourage usage of carbon or fossil fuels is irrational.8
Self-interest is the main motive of any person that drives him to take rational decisions and implement them properly. Thus, if it is shown that the economic losses due to global warming are much more than the losses one will face by reducing carbon consumption, than naturally, the person will opt to reduce carbon consumption because that will be lesser loss for him or her and it will be healthier option too. Thus, it is easier for individuals to opt for greener options while it is difficult for the government or Congress to resolve and adopt policies to control carbon footprints. The reason being, as a collective, Congress or US government cannot think for individual losses, they will only think for the better profits of maintaining relations with big conglomerates, big oil companies and industries like GE, DuPont etc. The evil nexus of government and corporate will never let the greener options establish themselves in the market because the government will keep stimulating the conglomerates. Yet, an individual by himself can opt for greener, hybrid cars, which will consumer lesser fuel, the individual as a consumer may rift the market towards the greener options available in the market. The key to the trouble of global warming is consumerism. Consumerism is the principle of Free Market, which states, “free choice of consumer should rule the market, or, the consumer decides the economic structure of the society”.9
As it is clear that the public realizes the dangers of global warming much better than the Congress or US government, the citizens should opt for the free market principle rather than waiting for government to take proper actions. If the consumers prefers and demand green alternatives, clearer energy resources, fuel efficient cars, energy efficient appliances, renewable energy resources and other appliances to reduce their individual carbon fingerprints, than the producer, manufacturers and providers will be forced to provide environmental friendly alternatives for the society. Consumerism is the boon for human development (Reason for Liberty, 2010), and hence, if the individuals, the consumers consider that global warming is greater loss and hence they should opt for greener options, than the entrepreneurs, innovators and manufacturers will themselves be heralded towards providing greener options because that will be the more profitable execution for them. Once the big conglomerate start producing greener alternatives, the government will also feel no objection to provide greener policies, also, when consumers themselves will demand green market, green goods, green services and lesser carbon fingerprints, then the role of government will be minimal in case of improving the conditions of global temperatures.

Performance of States on global warming platform

Stephen Lacey reports that some of the states are moving faster towards green renewable energy options than the federal government or Congress. California, New Jersey, New York, Arizona and Ohio are not only proving to be great market for renewable energy resources like solar energy and wind energy, the state governments are also promoting the renewable energy options to far extent. Recently, Texas got rid of its eight coal power plants.10 Texas not only opted for nuclear alternative, but the Texas government approved plans to supply 35 per cent of power needs through renewable energy resources.
Stephen Lacey further reveal that the interference of state government in market through the SREC program is benefitting few large companies at the expense of many small companies.11 The picture clarifies the reason why the state governments are running faster towards greener US with lesser carbon footprints. The federal government deals with higher degree of market interference and hence, the Congress remains in effect of big business to create corrupt nexus that cannot decide for better greener options. State governments on the other hand have lesser power to interfere with the market, hence they are a little faster, yet, if somehow the government is decentralized and restricted from interfering the market, that is, if the market is left free, then the market will force the entrepreneurs, manufacturers, producers and business conglomerates to provide better, greener options to reduce the GHGs emission and ease the acute global warming conditions, the reason being, consumers demand “green” solutions to the global warming crisis. The demand of green alternatives by consumers will prompt the free market to create green jobs and will incentivize the entrepreneurs and energy industries to innovate better energy efficient renewable energy resources extraction.

Conclusion: The Actual Way to Improve Climate

It is quite clear that the US congress and federal government is lacking will and strong leadership to bring about any significant change in the policies to reduce pollution and greenhouse gases emission. The nexus between politicians, big business conglomerates and oil companies seems to be evil enough to thwart any possible change in the attitude of Congress towards the acute need of reducing carbon dioxide and other greenhouse gases emission. It is evident that if nothing would be done to prevent or slow down global warming, there can be disastrous consequences on whole world. US federal government and Congress find it self unable to deal with the situation because the Congress cannot afford the economic turmoil if it breaks relations with the big business conglomerates and oil companies. Instead of taking firm and stern actions to compel the big industries to reduce their carbon footprints, Congress tries to cajole them to agree with a cap on carbon. Pete DuPont stated clearly that “global warming looks like neither the alarmists’ serious threat, nor an immediate crisis that requires governmental control of America’s economy to reduce it”, He suggested that Congress should consider the costs before passing policies on Global Warming.12 In such a scenario, it is difficult to believe that the big conglomerates like BP America, DuPont, and General Electric etc will accept the necessity of time so easily. Yet, there is a hope to save the earth against the ill-human activities. The individual citizens of U.S and whole round the world can force the conglomerates, politicians and governments too by denying their interference and monopoly in market and by demanding better, greener and feasible energy options.
Once the consumers themselves decide to reduce their own carbon footprints, the big companies will be forced to follow the suit. Congress, federal government and state government meanwhile should stop interfering with the market and let the new players, competitors, entrepreneurs and innovators provide better and efficient energy solutions so that the big conglomerate of US may also feel compelled to work towards a greener future. The key for a better, greener and safer world against the glooming danger of global warming is in the hands of consumer and in the policies of free market. The nexus between government, politicians and big business need to relieve the market to create greener world.

  1. Climate Action Report, 2002, Ratification of Kyoto Aside: How International Law and Market Uncertainty Obviate the Current U.S. Approach to Climate Change Emissions []
  2. Bradford Mank, 2005, Standing and Global Warming; Environmental Law, Vol. 35 []
  3. Oliver A. Houck, 2009, Break Through: From the Death of Environmentalism to the Politics of Possibility []
  4. BBC News, 2009, Why Did Copenhagen fail to deliver a climate deal? BBC News, 22nd December, 2009 []
  5. Legislation, Energy Independence and Global Warming Committee of US, 2010 []
  6. Clean Energy Job and American Power Act, 2009 []
  7. Dirty Air Act round up, 2010 []
  8. William R. Cline, 1992, The Economics of Global Warming, Institute for International Economics Washington DC []
  9. Reason for Liberty, 2010, Consumerism is a Boon for Human Development, Reason for Liberty, April 19th,2010 []
  10. Stephen Lacey, 2008, U.S State Solar Debate: Will SRECs Create Unhealthy Market Concentration? New Hampshire, United States []
  11. Stephen Lacey, 2008, U.S State Solar Debate: Will SRECs Create Unhealthy Market Concentration? New Hampshire, United States []
  12. Pete DuPont, 2009, Time for Inaction on Global Warming, Congress should consider the costs before passing “cap and trade” The Wall Street Journal []


The Most Influential Books to Lead You towards Liberty

May

20

Charles W Elliot once said that “Books are the quietest and most constant of friends; they are the most accessible and wisest of counsellors, and the most patient of teachers.”
It is hard to argue against that, books are the most patient and wisest teachers. We learn a lot deal of things through books, books are the building blocks of our ideas and though process. Books actually are the raw material provided to us by the precedent generations to use their experiences, knowledge and desire to explore better terrains of life. Books are not only the best friends; they are a challenge for us, a challenge to develop more, to beautify the ideas further, or to at least learn that, which already has been mentioned, searched, thought and quoted in the book.
Books give us a chance to look further, think forward, and create better and revolute the life to achieve new heights.
A book can change your life, giving you new dimensions to think forward and create your own ventures to relish and enjoy. A book let you live more than one life, it let you explore the territories of ideas you never had thought of.
Here, I will discussing some of the books that I consider most influential and mind boggling, that may change the ways you think, live and act in your life. These books are full of ethical knowledge and moral rightness; these books teach us to analyze the thin line between the “wrong” and the “right”.
No, I am not going to discuss some epic of some old religion. I do not want to discuss Vedas, Ramayana, or Geeta. I will not say that to be a true honest individual you need to read Quran or Bible. Rather, I am going to discuss some practical books with no affinity to mystique or irrationalism. It would be wrong to say that reading these books is essential. Reading any book cannot be essential for anyone. If all the books, all the knowledge that we use as raw material for our living, that never was discovered or created by us, but we got it all as our privilege to use and improve further, are destroyed some day, then also, human will not stop existing. They will not stop existing morally and rationally too. Rationality, or morality do not come through books, it ignites within your own. Until human does not stop using their mind to lead their life to better ways, books cannot be essential. Yet, books have their own importance. They act as the raw material to be used for making a better new world.
Therefore, here is my list of some of the greatest books I read since my childhood and found them most influential in shaping a world of my own and to letting me use my mind to create some or more. I am sure that anyone who will ever go through these books, will find him/herself more able to understand his/her own existence and will be able to understand the meaning of freedom, and life in a free society, free market.

The Machinery of Freedom: A Guide to Radical Capitalism: David Friedman

David Friedman, the freer son of Mr. Milton Friedman wrote this excellent work in 1973. Milton Friedman himself is known as one of the premier economist with Libertarian and anti-Keynesian approach. Yet, David Friedman is way apart from his father. One may feel that David Friedman learnt Economics not from his father, but from the Genius Ludwig Von Mises himself(UPDATE: Just to clarify, he did not). Machinery of Freedom contains a range 48 excellent essays that will not only entertain and provoke your mind to think rationally, but provide you a lot more to think and explore by your own. The essays are short and ranges from defence of property rights and private property to strictest modes of anarchocapitalism. He discusses the exploration of private law enforcement in a free society to great extent and provides a good look on the issue. You will certainly have a better understanding of a model of Free Society after reading the book. The wonderful thing is David Friedman seems to be hugely influenced by Ayn Rand. His assumption, that mostly people are rational and if someone is irrational, he will loose in the free society and the loss will be the teacher to achieve rational behaviour.

The Two Treaties of Government: John Locke

The founding father of classical liberalism or Libertarianism, John Locke still remains the most influential philosopher and thinker of all times. Although, his first treaty seems to be obsolete now, because the first treaty was the direct and vehement opposition to the irrational and obnoxious support of Robert Filmer to Monarchy who claimed that, men are naturally slaves and hence monarchy is the only justifiable government. The Second treaty of the book makes it a grand work. One can find the most systematic and logical defence of Individual Liberty in that book in such an inspiring way that will make you say that John Locke is way better than Aristotle.
The book was written in 1680, yet it is not obsolete. Even now, most of the governments throughout the world keep harassing individual liberty on the name of democracy. The book makes one learn the true nature of proper Miniarchy.

Atlas Shrugged: Ayn Rand

One can find no better book on Individual Liberty, Rationality and clarity of conscious other than this great Magnum Opus of Ayn Rand. Fountainhead lays the foundation of libertarianism and Atlas Shrugged stands on it as the basic structure of Free Society. The book is still one of the largest selling books throughout the world even after 53 years of its publication. The book is timeless, it will never die, it will never loose its shine and ability to make minds sharper, better, proper and rational. The book clarifies most of the dilemmas of a common reader living in a world where totalitarian governments are harping on controlling the masses, where the individual is faceless and individuality is curse. Atlas Shrugged shows you who is exploiter and who is being exploited and leaves you to decide whether you want to be the exploiter, or will you accept being exploited. The book prompts you to strike against the exploiters. The book fills you up with the energy and idea of liberty for your own self. Fountainhead and Atlas Shrugged are the best books one can ever read. Ohh by the way, have a reality check, feminists cannot accept these books. Ayn Rand has mocked feminism, just like all other form of collectivism, and being a woman, I am grateful to her for doing that.

Economics in One Lesson: Henry Hazlitt

Nothing can be better than this marvel by Henry Hazlitt, the American Philosopher and economist. The book has the potential to make you learn the actual economics of practical life and practical world in most easy way. The book makes you love economics. Hazlitt, through his immense simplicity explains how Free Market promotes efficiency and how government interference in market ruins the system and creates chaos. Time will Run Back and Economics in One Lesson are the two books that will not only answer all your questions regarding inflation, price control, minimum wages, unions and every other thing that influence your daily life, but will also provide you an assurance that the things can be better. The book leads you to start thinking and striving for Liberty to make world better.

Human Action: Ludwig Von Mises

Ludwig Von Mises is undisputable founding father of Austrian Economics. He along with Ayn Rand is the founding father of modern libertarian approach too. Human Action is the book that will clarify all the illusions about the stories of communism, socialism and collective welfarism. His explanation of Industrial revolution and 2nd world war and the economic effects of the situation are revolutionary. There are many who keep giving excuses for Capitalism and Individual Freedom, the frontier fighter for the sake of Individual Liberty and Human moral rights was Ludwig Von Mises.
He was undoubtedly the best philosopher of 20th century along with Ayn Rand.
In Human Action, he introduces Praxeology as the major foundation of social sciences and economic laws. He further ascertains that economic laws can only be arrived at by means of methodological individualism. He was vehement opponent of positivism, or materialism as a foundation of social sciences and morality. He was one of the truest Individualist, Rationalist and Objectivist. The major theme of all his books is inflation and monetary economics and the rational comparison between Free Society and Government controlled society. Once he said

Efforts to realize Socialism lead only to the destruction of society. Factories, mines, and railways will come to a standstill.

The failure of USSR makes him the sage who knew the future. His work on theoretical Business Cycles explains all the causes of repeatable Depressions.

The Wealth of Nations: Adam Smith

Everybody knows a little or more about this famous book by Adam Smith. He was the first to explain the importance of social distribution. His example of story of pin-making is used every now and then. People write a lot about the “Invisible Hand” and murk up the essence of the book. The book clearly states that government is redundant and it should let the market free.

The Animal Farm: George Orwell

George Orwell was one of the best Dystopian. His book 1984 is world famous along with Aldous Huxley’s “A Brave New World“. One can easily see how both of these writers used and criticized the Pavlovian learning and conditioning, and how they showed the world that the way it is going through will lead to certain destruction. Orwell used to say that 1984 was written to change the view of the people about the society they should try to create. The book is a masterpiece undoubtedly, but The Animal Farm is much better book on my scale. The Animal Farm is direct attack on the egalitarianism and collectivism. The Animal Farm, along with 1984 and Aldous Huxley’s “A Brave New World” should be read to understand why government is evil, and why people should not sacrifice individualism for the illusionist welfarism.

The Law: Bastiat

Frederick Bastiat was one of the most prominent economists of 19th century who proposed and supported Laissez-Faire system and Individualism strongly. Amongst his all great works, The Law is one of the best. The book suggests the proper nature of Law and the role of legal bodies in a Free Society. The book was published in 1849, the same year when Frederick Bastiat passed away. The book suggest that the proper role of the law is the protection of Individual right, Liberty, defence of life and property. Bastiat and John Locke are the founding teachers of Property rights and Individualism; they are major inspiration behind all forms of Libertarianism.

Free to Choose: Milton Friedman

We started the list with the book of David Freidman on radical libertarianism; we will end with a book by his Father Milton Friedman. The Nobel Laureate, prominent libertarian and opponent of Keynesian economics discusses the Government sponsored education in this book along with many other issues. With his easy logic, he explains how and why big governments are a curse, a big problem. Obviously, he accepts that small governments are smaller “problem”. He shows that government-sponsored education is not improving and they cannot improve. The book is a classical approach for the defence of human freedom against the state.

There are many other books that excellently explain individual liberty and the reason to defend it; I might have missed a few of them. The mentioned above are those that I consider the best ones at the moment.
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Golden Coinage in India

Apr

29

India was one of the earliest issuers of coins since circa 6th century BC. Indians never used paper currency before 1770, when the Bank of Hindustan under British Empire. The General Bank of Bengal and Bihar, which was established by Warren Hastings1 , also issued paper currency in 1773. It should be noted that Indian currency is known as Rupees since long. Rupee is derived from a Sanskrit word “Raupya”, which means silver, the silver coin was always the currency of India. With the discovery of vast amounts of Silver in U.S and other European colonies, the relative value of silver reduced a lot in comparison to gold, that incident is known as “the fall of rupee”2 .
With the fall of silver in 1873, Indian Currency Committee suggested British India government to adopt for gold standard and in 1898 British government instead of adopting a Gold Exchange Standard, pegged Indian rupee with British sterling.
After Independence, Indian government started minting Indian coins (rupees); Indians thus never got a gold standard for representing their money
Now since last 63 years, Indians have so much used to the government issued currency, cycles of inflation and depression and always increasing price rise, that even talking about gold standard and private coinage seems to be impossible. Yet, since Indians were in habit of using private monometallic coins in past, it is imperative to discuss the issue of private coinage. Taking the premises of Freedom for everybody and the Self-Governance (Swaraj), which has been extolled by the Indians as a basic Mantra of life, let us examine the case of private currency carefully.

How the Private coinage will work?

The private coinage will work just like any other commodity (say mobile phones, or jewellery or wrist watches). Minters will produce coins of different shapes, sizes and weight according to the desires and demand of his customers. The free competition of the market will set the price of the coins of the minter. Second issue is about the trouble that the coins may create when weighed or evaluated at every deal or bargain. It is true that it would be difficult to evaluate the purity of gold coins every time a transaction would be made. To solve that issue, the minters will stamp the coins and guaranty the weight and purity of the coin. Private minters can guarantee the coins just like the government do. The profit will be, when government mints, there is no competition for government to be truthful, alert and honest, it is monopoly of government over minting coins, but when the private minters will guarantee their coins, their guarantee will weigh more because if the private minter will cheat, he will loose his market and consumers to other honest minter. Just like a government paper currency or coin holds the governmental promise to pay the bearer of that note an amount equal to the price of that paper currency or coin, the coin of private minters will also hold the promise from the minter that he would pay an amount of gold equal to be mentioned on the gold coin of his brand.
People against the idea of private currency will say that it would increase the chances of frauds. Same people never object to the miserable record of the governmental frauds, swindles and mismanagement. Every time the government issues stimulus to a particular industry, or forgives the loans of some conglomerate by explaining that it is working for social profits, the government actually is committing a fraud against the general public. Every time a person faces the devaluation of his savings in governmental currency because of extreme price rise and inflation, it is the example of regular fraudulent and untrustworthy behavior of the government regarding paper currency issuance and minting coinage. In case of private minters of gold coins, the chances of inflation and abrupt price hikes will lessen to minimum. More over, the free market competition for consumer satisfaction, the various minters will compete to be more honest and better customer service providers. The more a particular private coinage minting agency will be honest and better product and service provider, the more will be its consumer base and profits. Thus, in free market private coinage system, the competition for profits would be competition for honesty and consumer satisfaction. In addition, the problem of fake currency will also be eliminated because each private coinage agency would try to defend their brands by their own and the government also will be able to devote all its energy to safeguard the private minters against duplication and fake currency. In case of private coinage, one can trust that the government will prevent and punish frauds. The integrity of private open market operators cannot be discarded in favor of government monopoly, because in case of monopoly, there is no need for the government to be honest, but in case of private free market operators, to be honest is prerequisite for gaining any profit and healthy share of consumers.3
Furthermore, whole market works on guarantee of standards. A medicine store sells a tablet of aspirin of mentioned weight and dosage, a butter seller sells packed butter slices of mentioned grams of butter. The buyer trusts these guarantees, and they prove to be true. In a case when a person buys a product with a certain warranty and guarantee and somehow the product fails to prove the standard mentioned, than in most cases, he gets a replacement for the ill-manufactured product. That is, even if by mistake a product of a company fails to fulfill the standards demanded by the customer and provided by the manufacturer, then either it pays back the money of the customer or replaces the product with new and better one. Market of mobile sets, or laptops or packed meat, butter or cheese, or other things does not fail even though government does not hold a monopoly on any of the products. Thus, we can trust that the customers of a private minter will be safe against any possible fraud because of the presence of other competitors of the minter in market. The minter’s customers themselves will be keenly alert about the weight and fineness of the coins just as they remain while buying and using other commodities.

The problem of wear and tear of currency

The current government regulated currency, paper notes and coins holds no worth in themselves apart from the governor’s pledge to pay the bearer of the note or coin, a definite amount of money. The value of money obviously keeps going low and lower because of inflation and price rise. Along with this, the paper currency issued by government often suffers wear and tear causing further loss of money. Most of the governmental coins are eroded or torn out and government keeps forcing the usage of same old notes and coins. The old rag-tagged coins and paper notes are to be considered of the same value as of a fresh note or coin. By doing so, the government actually forces a certain type of price control over the old paper notes and coins and provide them the equal price as that of newer notes and coins. Because of this, the older coins and notes are overvalued, while the new notes and coins suffer undervaluation. All this amounts to nothing but mal-investment. Everybody loves to circulate the older worn out coins and paper currency while they have a tendency to keep newer notes and coins safe.
Consider the case of free market where minting of coins is not a monopoly of government. Assume that there are gold coins of 10grams well circulated in market. After a few years of constant usage, the coins may suffer wear and tear and lets say that they weigh only 9 grams of gold after 10 years (assume). In a free market, a coin that has been reduced from 10 grams of gold to 9 grams will not be overvalued and it will gain only the price of 9 grams. Obviously, nobody would like to use the 9 grams coins at the price of 10 grams of gold, hence the worn out coins will be driven out of the market, or they may be used at reduced price. Thus, nobody would be deceived by the forced insistence of overvaluation to the older coins. This will avoid malinvestment. To solve out the problem of wear-tear of the coins, the private coin minters can either set a time limit on their stamped guarantees of weight or agree to provide a new coin in exchange of every old coin with reduced weight. Thus, there will not be any compulsory standardization of currency, which is a feature of monopoly of government.
Conclusion:
Since long governments have tried to control the currency circulation in market so that they can restrict and control the progress and prosperity of citizens. Yet, from time to time, private bankers have issued their own minted coins (Know more about Private Coinage and Good Money)) . The gold standard with privatization of issuing currency and minting coins will not only end the monopoly of government over currency, which is the major reason of acute price rise and inflation, but also it will avoid any chance of fraud as the free market will tend the virtue of more honest and better services for gaining more consumer base and high profits. In addition, if coin minting is privatized, the government can also try to serve the public by ensuring security against any sort of fraud. In any case, privatization of currency would be a much better option than the monopoly of government over currency.
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  1. Warren Hastings (1841), an essay by Thomas Babington Macaulay.” Columbia University in the City of New York []
  2. The Fall of Rupee, CRN India []
  3. Know more about the evils of Monopoly of government in Market and currency read What Has Government Done To Our Money by Murray Rothbard, One may listen the whole book and save the audio link here []


Consumerism is a Boon for Human Development

Apr

19

Consumerism is the principle of Free Market, which states, free choice of consumer should rule the market, or, the consumer decides the economic structure of the society. Producers and providers bring their products to the market and make it certain that consumers, the public, may gain enough knowledge about their product so that, if the consumer decides that the particular product is good, they may buy it.
To spread the knowledge of their product, producers advertise and apply proper marketing strategies. The consumer remains free either to accept the product and buy it, or to reject it at certain price.
Now days, producers are delivering good attractive services, better comfortable products and advanced technologies in the market. Some people claim that all this advancement is redundant and nobody needs it.

Do we want better technology, superior products and services that are more effective?

Human desires are infinite and so is his potential. We want better medical services, information technology, better telecommunication services, better heating and cooling devices in our homes and office rooms. We desire better toothpastes, toothbrushes, better hair oils and shampoos, better and more verities of food, wine, better cleaning products, better cell phone, better ipods, better televisions, better laptops, better internet, we all want better and improved.
It is our want that drives the market to innovate and provide new technologies, services and products.
We want better and faster vehicles, satellite phones, and internet access. We need clean and filtered water, we need lifts and elevators, we need homes, we need security we need better services, we want more options.

Consumerism makes it possible. We are receiving everything we wish for and the market is providing them. Free market is nothing but a group of billions of people working together with free will, innovating and inventing further for the improvement, free market is also a system that joins billions of people together, yet provide full freedom for each individual to live for himself, at his own conditions with his own efforts. Nobody is pulling legs of other to rise higher. Market competition is nothing but a constant try of innovators and entrepreneurs to learn and satisfy the hearts and minds of consumers. Consumers are undoubtedly the kings of free market.
It is all consumerism, to desire better and to have full freedom to make one’s dream come true.
The socialists call it devilish, they say people do not need improvement, they say materialistic quest for making life better is futile. They say all this improvement in standards of life is waste. They ignore the real effect of all these changes. While blaming consumerism and crying anti-consumerism songs, they just hide away the evidences of improvement in human conditions.

Since the start of civilization, wise people are trying to search a self-sustaining system that may serve the common person rather than just the aristocrats and the rulers.
Free market is the quest for that riddle. Free market provide the system through which, the billions of unplanned desires and wants, billions of unorganized and independent economic choices succeeds in creating a self-sustaining system of production and provision to satisfy and serve everyone.
Now socialists, anti-consumerists decries against this system, they say consumerism provides too much for too many, they say it is not necessary and it is wastage. They say people does not need these things, they are mere senseless materialistic wants.
The question is, are the consumers buying those things that are not required? Who dictates the difference between a need and a want? Some religious guru, or some socialist dictator?

One’s desperate need is fulfilled by Other’s want for Leisure

The fact, which makes the free market sustainable, is “the need of a person is fulfilled as a resulting effect of fulfilment of other’s want. That is, wants and needs are interlinked in a free market.
A common example of this fact is, the Shiksha India program run by Confederation of Indian Industry1 . CII is a non-governmental and non profit organization managed by Shiksha India trust. Shiksha India works closely with schools and institutions across India and helps promote use of technology for making teaching-learning more effective. To run such a non-profitable organization, money is collected from a free market strategy of advertisement. Various products of industries, which are a part of CII, provide donations for Shiksha India Trust. In return, they use the motive of Shiksha India as an advertising strategy.
The common advertisement they propagate is

“Support Shiksha, lead a child to the path of education, Buy large packs of Tide, Ariel, Pantene, H&S, Rejoice, Vicks VapoRub, Whisper, Gillette Mach 3 Turbo, or Pampers, & lead a child to the path of education.”2

The advertisement simply suggests that the more you consume, the more poor kids get proper education.

Consider another example, a person’s child is badly sick, he is trying to get her to a doctor. The urgent clinic is open until late night; the neighboring drug store is also open. The desperate father goes out; get the proper medicine and gets in, to save his daughter. There is nothing phony demand in this entire act of saving a child’s life.
However, the urgent clinic can remain open late because its office is situated in a dense mall with low rents and higher access. The medicine store is open late night because cosmetic store, bakery, bear bar, sports shop, a swimming pool, a hotel facilitating late night parties and discotheque also share the area where the medicine store is situated. All of these stores are selling superfluous things. They pay rent too. The owner of the mall would not have made that place if those less desperate needs were not to be sold there. That is, the want of leisure and pleasure of other people became the reason for the prompt and urgent health-care of that child. Some of the Indian cities are experiencing development, socialists call it redundant, Indian villages does not have such superfluous stores, they do not have proper schools and hospitals too.

The demand of public for the non-essential wants became the background of hospital facilities for the needful.
The same is the case of luxury goods such as mobile phone. Mobiles were meant to be available for the rich alone. It was not an essential demand it was a luxury good. Only the rich could use them. The innovators created cheaper versions; the capitalists increased the production and made it affordable even by the middle class and lower middle class person, now even the poorest of Indians is likely to have his mobile phone.

Quality of life improved even for the poorest person. He is more resourceful now and able to earn more.
Some people believe that quality of life does not matter, for them; equality of life is better idea. The question for such people is, why not the poorest should get easy access to vast grocery stores, medical stores, better food, technology, and other not-so-essential luxuries? Consumerism helps the facilities, better services, and technological comfort to reach to the poorest strata of society. Consumerism actually reduces poverty. In addition, the better quality of life provided by consumerism has its own importance. It is natural right of the people to have freedom to choose and buy market products, as they want. Free market provides this freedom to the consumer, the people. Free market keeps providing better technology and products at cheaper rates, and this ability of free market is driven by the motive of consumerism.

Better quality of life has improved the average life of people too. The average life of women and men in 1900 were 48 and 46 years respectively. Now, the average life of women and men consumers is 80 and 77 years respectively. Obviously, consumerism is serving consumers. Infancy death rates dropped hugely because consumerism brought better medical help and vaccines. Death toll due to epidemics reduced to great extent. Overall consumerism is serving humanity to lead human for better, more comfortable and more satisfactory quality of life.

Conclusion:
Either those who oppose and criticize consumerism are misled or they have some evil motives against the developing humanity.
http://couplewriters.blogspot.com/

  1. Welcome to Shiksha India, a CII Initiative in association with CRY []
  2. Shiskha India in association with CRY, 2006 report, Shiksha India CII []


Movies are the Mirror of Society

Apr

4

http://couplewriters.blogspot.com/
It would be an interesting research if made over the pattern, overtime, that Bollywood movies have illustrated individuality and portrayed the relation of individual and society. Obviously, just like any other form of art, the movies also depicts the appropriate nature and situation of the society of that era but some art forms not only depicts the current situation of society, but also succeeds in providing a new trend a new idea for the society to be leaded and made practical, and such movies becomes the masterpiece. Objectively speaking, Art is a careful re-creation of reality according to an artist’s metaphysical value-judgements. Obviously, that selective re-creation is not meant to depict the things as they are, as Aristotle said that fiction is of greater philosophical importance than history, because “history represents things as they are, while fiction represents them as they might be and ought to be.”
Movies, being the indisputably strongest medium of art, if meant to show the things, situations, people and individuals as they ought to be, then they become the leading force of change in society and strengthens the values of individuality.

Current trend of Bollywood movies

With the liberalization of Indian economy, the civil liberalization is also gaining strengthen and bollywood flicks are portraying the essence and importance of liberty quite well. Ashutosh Gowariker and Amir Khan portrayed the inhuman nature of taxation in the movie Lagaan while Mani Ratnam portrayed Abhishek Bachchan as “Guru” struggling for economic freedom against socialistic governmental odds. The contemporary artistic subjects were merged with the colours of popular cinema and very odd individualistic tales like Tare Zameen Par and Black gained huge success. Such flicks obviously provide a sense of liberty in the individual to seek for his own freedom, his strengths, and his right for living with honour of independence. One can say that bollywood is providing artistic masterpieces depicting the importance of individual liberty and issue of individualism and in the same league, the two big movies of 2009, “Rocket Singh the salesman of the year” and the hugely successful “3 Idiots” confirmed that now Indian society is ready to appraise the libertarian attitude and the Indian youth is daring enough to raise the issues of collectivistic problems and is ready to denounce them, to fight against them. Even “Rang De Basanti” portrayed the current depleted morality of society and the struggle of youth against the social political tyrants, yet it was full of anger, violence, frustration and exhaustion. One may not group “Rang De Basanti” with the other Bollywood films of libertarian approach.
Rocket Singh, while struggling to maintain his honest behaviour and ethical strength, manages to portray the basic factual difference between the corrupt corporatism and honest capitalism. So meaningfully and with such an ease, the movie establishes the golden rule of free market, “consumer rules and honest producer wins”. The movie also clarifies that to win over the evil, one does not need to pick up the violent means, nor one need to be evil by himself, Rocket Singh and his band of rebels tells us that ultimately honesty and hard work is a sound business decision. The movie suggests that irrespective of corporative and governmental corruption, if market is allowed to be a free space for the mutually beneficial dealings and agreements between people, producers, service providers and the consumers, than the most honest, prompt, hardworking and innovative one will gain maximum success, that is, a free market ultimately provides the required moral environment where honesty pays and dishonesty causes suffering and losses. While the boss of Rocket Singh robs him of his own company based on free market principle, consumers forces the villainous boss to learn the better way and accept the path of honesty and hard-work and ultimately, he goes back to Rocket Singh to accept the defeat of evil, wrong and immoral.
3 Idiots is yet again a masterpiece of Amir Khan. The movie is said to be based on the novel Five Point Someone yet, after watching one may thought of a laughing, rollicking Howard Roark represented as Rancho and a babbling, confused Peter Keating represented by Chatur Ramlingam (Silencer)1 . It is an exquisite story of a man from nowhere, who wanted to learn and create, who wanted to produce and who loved himself and his work. It is a lovely story depicting the win of a morally strong character who wanted to live for himself according to his own standards, who needed nobody’s sanctions and who inspired others too to live by their own standards. Rancho as Phunsukh Wangdu seems no less than a Roark who won over all odds to be what he wanted to be and to do what he wanted to do in exactly the same free rational and honest way he needed to be.
For some, these movies may seem like fairytales or impractical, yet they show the heights of individual freedom and its importance that Indian youth needs and the success of the current trend of movies confirms that Indian society is passing through a huge change in the mindset where the individual will seek for liberty and will fight for it intelligently and peacefully, to gain the freedom of his soul to establish his existence at his own standards, confirming that I, the Individual needs no sanctions, that “I need no warrant for being, and no word of sanction upon my being. I am the warrant and the sanction.”
On the same libertarian trend, Shahrukh Khan and Kajol’s latest flick My Name is Khan also portrays a simple libertarian fact that collectivism is evil and collectivizing individuals is greater evil, as SRK said in one of his interviews for promoting the movie—

We are only trying to say that there are only good people and bad people. There are no good Hindus, bad Hindus, good Christians, bad Christians. Either you are a good person or a bad person. Religion is not the criterion, humanity is.” SRK

Collectivism is not the criterion, individualism is, Individual is.
Another movie “Wake up Sid” depicts the quest of person searching for his existence, rationales, aims, setting his goals and winning over them.
Movies are the mirror of society and more than that, movies are a strong way of propagating the right rational idea. With the current libertarian approach of Indian movies and arts where the art forms with their fictional attributes are depicting the things as they might be and ought to be, one may say that Indian society is progressively improving and is set to accept and evolve as a free society looking for further establishing Individual freedom, his quest for his existence, happiness and letting him win his way against all odds of collectivism.

  1. Howard Roark is the central character of the epic novel, the masterpiece of Ayn Rand, the Fountainhead Peter Keating is another character of same book, there’s a movie based on the novel with same title The Fountainhead []


The Welfare Warfare State

Mar

1

Often statists try to color the inhuman governmental wrongs as ‘Humanitarian’ stern acts for the safety and benefit of all.
Can one really justify the Iraq Invasion by US as a Humanitarian act to save the Iraqis from the tyrannical regime of Saddam Hussein? One may say that Saddam was a real danger for Iraqi people and by overthrowing his regime, US actually served the welfare of Iraqis. They may say that although American Invasion killed Iraqi people, but those deaths were accidental and if Saddam’s regime has continued many people might have suffered death, penury and tortures under his tyranny.
Yet such justifications of foreign invasion is futile because nobody can know, what the future harms Saddam’s tyrannical government could have caused to the innocents or those harms if calculated properly could have been more than the harms and killings the American invasion caused on Iraqis.
That is, there is no actual reasonable way to say that Saddam would have caused any more harm to Iraqis than whatever has been actually caused by American invasion. Since there is no such real way, there can be no moral humanitarian justification for Iraq war. Nor such justification can be put forth to the American Drone invasion on Pakistan territories. Innocents are being attacked and killed in Pakistan. Children, mothers, elders are suffering the attacks. One can never say that had America not attacked Pakistan using drone missiles, Pakistanis might have suffered much more.
Since we cannot calculate about the harms that would have been caused if America had not attacked Iraq or Pakistan, we simply cannot determine the moral proper course of action, yet one thing that we know is, we should not directly murder or harm or injure the innocent, we should not jeopardize their economic and social life.
Yet that is what being done in Iraq or Afghanistan or in Pakistan by the American government, and all this is under the fake mask of Welfare of people, welfare of those people who are under attack, who are innocent and who are being killed regularly.
As a matter of fact, wars can never be justified.
Now a days, American government and media are also trying to paint Iran as a dangerous state under a tyrannical head of government. Every second day media covers an article how Iranians are suffering tyranny under Iranian regime. Will this be any moral base to justify yet another invasion by America?
Bombing civilian places full of innocent people was in no means necessary to oust Saddam, or to end his tyrannical regime. Nor is the use of very high explosives with the unmanned drone fighting planes on Afghanistan-Pakistan border, which every now and than kills the innocent public ‘unintentionally’.
How can the defenders of Iraqis or Pakistanis or Afghans claim that these deaths of Innocent people were accidental? They actually were pre-planned cold blooded murders, meant for the safety and welfare of those who were killed.
The so-called ‘smart weapons’ used by US forces, like Drones, Aerial an artillery bombardment etc failed hugely to defend the innocents, rather they killed the innocents, and are killing.

Doctrine of Double Effect

Again, government supporters claim that US forces did not aim to murder those innocents rather those innocents were unavoidably in the region of attack hence they were killed. This is known as Doctrine of Double Effect. It states that, if the injury to the innocent is controllable and proportionate, than only one can attack the culprit without considering the harm to the innocent. One cannot bombard a cricket stadium full of thirty to forty thousand audiences just because one of those audiences is a supposedly high profile terrorist. That is, just in order to encounter one terrorist or tyrant, one cannot jeopardize the life of whole audience of the cricket stadium. At most, one may try to shoot the terrorist with his gun without fearing that his missed shot may kill an innocent. Yet, in case of Iraq invasion or Drone attacks in Afghanistan and Pakistan, the killing of innocents is obviously wayward and absurd. Many more innocents were killed without any proper success of actually killing or punishing the terrorists.
Obviously, all such humanitarian grounds in support of US forces invasion on Iraq or Afghanistan and Pakistan are futile. So, was the issue of nuclear warheads with Iraq a proper reason to invade Iraq, or can it be a proper ground to Invade Iran?
We now know that the intelligence reports that suggested that Saddam’s regime had nuke powers were fake and false, yet the Iran is beyond any doubt a Nuke power. Yet, Iran with Nuclear arms is a very minute matter.
USSR had tens of thousands of nuclear warheads and sophisticated delivery vehicles that were always kept in constant readiness. Yet USSR never threatened or ‘Blackmailed’ USA. How can a minute and much weak nuke Iran be of any threatening consideration to USA? Or How could have been Iraq any threat to USA even if Saddam had nuclear power?
US army also claims that Pakistani warheads are under threat and Al-Qaida may try to control them, hence they say that it is necessary to attack and end the Taliban and Al-Qaida outfits involved in Pakistan. The thing is, it is sincerely not wrong to try to kill the Taliban or Al-Qaida members, but US government has no authority or right to endanger and actually murder the innocents while trying to notch the terrorists.
Furthermore, can government justify the extremely large military budgets for which the common people are being confiscated of their wealth by means of taxation?

Attacks on our own citizens

It is not that a government can only kill the innocents in other countries. Many a times, government does not even flinch away from the possibility of killing its own citizens and that too for their own welfare.
During the Indira Gandhi regime in 1984, when a handful of terrorists lead by Sant Jarnail Singh Bhindranwale occupied the Golden Temple, Indian government ordered attack and firing on the Golden Temple. That act was named as Operation Blue Star that killed Thousands of Innocent people along with Bhindranwale’s supporters. Those innocent people were simple religious people and Indian government actually was supposed to safeguard them. Similarly, many innocents were killed during the formation of Bangladesh by the Pakistani government.
The programmed massacre of Muslims in Gujarat against Narendra Modi’s state Gujarat government after the Godhra attack is yet to be forgotten. The list of fake encounter cases of central and state government police and special task forces keep on increasing month by month and it is all done under the mask of protecting and providing a secure welfare state for the same innocent citizens who are being butchered.
Conclusion: Just like other social welfare policies of government, the war and conflict safety policy of government also fails absurdly and instead of being a welfare state, a government lead state often turns out to be a warfare state, while wars brings no good for any one ever.



The Changing Climate

Jan

30

It is very common to hear some environmentalist on any main stream media freaking out about the global warming and rehashing the swan song of environmentalists concerning assumed disasters that await the world if it carry on with its evil ways of fossil fuel consumption: the disappearance of islands beneath the sea, the flooding of coastal cities, more severe droughts and hurricanes, famines, disease, the displacement of tens of millions of people from their traditional homelands and the disappearance of glaciers.
However now the climate is surely changing and in this new climate, those environmentalists surprisingly are accepting their faults, yet they are not ready to take the responsibility.
Recently, the UN’s Intergovernmental Panel on Climate Change (IPCC), which is a panel of 2500 of the best climate scientists in the world, accepted that they made a huge goof-up regarding their blow-horns about the melting of Himalayan glaciers.1
The IPCC, which is a noble winning organization of environmentalist alarmed about the catastrophic threat of melting of Himalayan glacier by 2035, that is, within 20 years, IPCC expected the disastrous end of the Himalayan range. Now when there are no signs of any such apocalyptic change in any new future, they have accepted that it was mistake. The mistake was a result of extreme irresponsibility and carelessness of these climate scientists of the noble winning IPCC organization. First of all, they never studied the Himalayan glaciers with any objectivity and the report they issued was borrowed from a 1996 Russian study, obviously, the study was not at all authentic. Not only that, the Russian study by V M Kotlyakov also predicted a date of 2350 for an expected decrease in Himalayan glacier. The IPCC scientists and climate reporters not only copied a non-authentic study, they also goofed up with the predicted date and made it to 2035. It might be a small typographical error that advanced the apocalyptic deadline by 300 years.
Similarly, the same reputed UN’s union of environmentalists also issued a report regarding the disappearance of Amazon forests based on another baseless report by some advocacy group WWF.2 The author of that report on Amazon was also not written by any specialist on Amazon forests, but by a freelance journalist with no authenticity. IPCC never considered the importance to check the validity of such apocalyptical threat before lamenting it as a possible danger to force their socialistic dream of stern governmental actions throughout the world.
Now it is well known through out the world that all these environmentalists keep lying about the shrinking glaciers, increasing hurricanes, rising sea levels and depleting rainforests. Yet nobody in the IPCC, not even the chairman Mr. R.K Pachauri is ready to take the responsibility of such so-called mistakes. Were they intentional?

Changing views of Climatologists

Some of the climate scientists have started trying to search out some feasible excuses to suggest why not all their predicted warnings about the apocalyptic changes in environment are proving to be true. Such a recent study suggests that the Earth did not warm up noticeably over the period of last decade even though the greenhouse gases are increasing dramatically because of a new stratospheric phenomenon 10 miles above our heads. The study suggests that somehow, the water vapour in the stratosphere has been decreased. As the water in atmosphere traps heat, lesser water in stratosphere means lesser heat. That is, although greenhouse gases are continually increasing, the atmosphere has changed itself in such a way that there is no global warming and in fact there is lesser heat. The atmosphere thus, has acted for the benefit of humanity.3
Although it is just an excuse, it suggests that now instead of keep issuing the threats of apocalypse every second day, environmentalists and climate scientists need to stress over searching for better excuses to hide out their deceits.

The Growing Glaciers

Despite all hullabaloo of global warming, the glaciers are growing all around the world. How is that possible that IPCC issues an unauthentic report about the disappearance of Himalayan glaciers, while the scientists from other group make a documentary about how the Himalayan glaciers are ever increasing since the last three decades?
Here is a list of 12 glaciers that have not heard the news about Global warming. They are growing and growing fast.4
It is a fact that the fake calls of apocalyptic dangers of global warming are not going to pay the socialist set of environmentalists any success. Yet, it would also be wrong to say that climate is not changing, climate is always changing and so do the human beings and other life forms. We evolve with time we change.
Professor Ian Plimer (University of Adelaide) in his book “Heaven an Earth” explains why CO2 cannot be a cause of global warming; here is a transcript of his scientifically recognized book Heaven and Earth.5
Despite the 21st century decrease in global temperature, we are perpetually warned of dangerous global warming. Every evening one can see a disturbing documentary over some news channel showing some absurd claims (just like that of IPCC claims of disappearing Himalayan glaciers etc.) all these environmentalists and green activists obviously want us to believe that if we try to live a happy, healthy prosperous life, we will be no better than the devil ready to cause havoc on earth. Obviously, they want the governments to control us and force us to sacrifice ourselves, our progress for the greater cause of saving the environment from the alleged threat of global warming.

Alternative solutions for alleged global warming

In the book Super Freakonomics6 the author argues that even if CO2 is causing global warming and if global warming is a real threat, then also it is not necessary that governments all around the world need to enforce draconian laws and cuts in carbon dioxide emission that would cost many trillions of dollars and will force the poor to be poorer. Rather some better geo-engineering solutions can be adopted to keep the earth cool despite the increased concentration of green house gases in the atmosphere.
Just like the present water vapor in the stratosphere can actually cause the globe to cool down irrespective of increased concentration of carbon dioxide, engineers can pump sulphur dioxide in stratosphere by a suspended hose using helium balloons. There can be numerous ways to actually control any global warming if it is occurring at any dangerous rate, but the fact is, since the 21st century, the earth is cooling off.
The environmentalists knows that it would be hard for them to contend at the issue of global warming because the evidences are totally against them and hence they are playing the new trick. Now days, the catastrophe lovers does not shout for Global Warming, rather they call for Climate Change. Climate change is a reality, climate keep changing since ever and forever. Mainstream economists, along with scientists and engineers, are increasingly joining in the climate change debate as technical experts, with the prospects of lucrative funding ultimately paid for through coercive taxation. The evolution of the climate change debate mirrors the almost universal support of economists as expert technical advisers for central banking and Keynesian policy prescriptions such as Cap and Trade policy etc.
Conclusion: Global warming is gradually proving out to be another fake call of the socialists just to dishearten the freedom loving individuals and to force common public to suffer under governmental duress and keep thinking that freedom is sinful and progress is evil. We need to save ourselves from such unholy misguiding tirade of socialist environmentalists, economists and media persons who are trying to baffle public to enforce governmental control over their life, liberty and pursuit of happiness.
Update: A good article against Global warming fraud in “Open” : http://www.openthemagazine.com/article/international/the-hottest-hoax-in-the-world

Indian Environment Minister Jairam ramesh says:: There is a fine line between climate science and climate evangelism. I am all for climate science but not for climate evangelism. I think people misused the IPCC report,” Ramesh told a news channel here.
Stressing that the IPCC’s weakness was that it didn’t do original research and derives assessments from published literature, the minister announced a climate change panel for India. Economic Times

  1. Times of India IPCC retracts 2035 alarm on Himalayan glacier melt []
  2. The Telegraph After Climategate, Pachaurigate and Glaciergate: Amazongate []
  3. NPR News ,Atmospheric Dry Spell Eases Global Warming []
  4. 12 more glaciers that haven’t heard the news about global warming, Turns out the IPCC’s chicken little story that all the Himalayan glaciers are melting is just another exaggeration. Or fraud. Take your choice. You know, like the stats coming out of East Anglia CRU. And its claim that Antarctica is melting. And that Greenland’s ice cap is melting. And that sea levels are rising. And that the polar bears are dying. Fact is, some glaciers are retreating, but many others around the world are growing. []
  5. Professor Ian Plimer is Professor of Mining Geology at University of Adelaide and Emeritus Professor of Earth Sciences at University of Melbourne []
  6. SuperFreakonomics,Global Cooling, Patriotic Prostitutes, and Why Suicide Bombers Should Buy Life Insurance []