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. Continue reading

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. Continue reading

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. Continue reading

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. Continue reading

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.” Continue reading

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. Continue reading

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. Continue reading

Every political leader, a representative of “the people” realizes that nobody in “the people” like to face poverty. Yet, poverty is wide spread. Every government aims its political and ruling program at reducing scarcity and helping the poor. Often the statist argues that government is necessary because if there will not be a government, who will care for the poor, the depraved ones. Politicians often use this “altruistic” propaganda to lure the voters.
The only practical solution to the problem of poverty in masses is to increase the productivity of individuals. In absence of government interventions, for the rational profit motive, free market provides an explainable way to make most efficient way for the usage of resources and to minimize the wastage, thus free market naturally is the solution to poverty. Yet, by means of interventions, government induces irrationality in the market and hence, reduces the productivity while increasing the wastage of resources. Obviously, with reduced productivity and enhanced wastage of resources, the government itself becomes the cause of mass poverty and scarcity. Continue reading

We all have seen and read it at the very first pages of any of our school text books. We have been taught of that amulet so deeply as some Vedic Mantra, Ayat of Quran, Gospel of Bible or words from Guru Granth Sahib. It has been our religion, our mantra, the Mahatma Gandhi’s Talisman.
Have we ever realized its essence? Or have we been indoctrinated of the Gandhi’s talisman through our school text books, obviously authorized by the government boards of education? Continue reading

“Concentrated power is not rendered harmless by the good intentions of those who create it.” -Milton Friedman
One may wonder what the great economist Milton Friedman was thinking while he uttered those words. May be he was thinking of the ill-effects of price controls and how does price control causes shortage and hence excruciating conditions for the most poor men of society. He might be thinking of the ill-effects of socialized medicines, or may be he was thinking about the irrationality of minimum wage law and the manner that the very intention of improving the living conditions of poor workers actually condemns many to acute poverty and unemployment.
Minimum Wage Law in India Continue reading