A panel of “experts” appointed by the Government has recommended raising fuel prices.  The panel, headed by Kirit Parikh,  recommended a hike in domestic LPG by Rs 100 a cylinder and PDS Kerosene by Rs 6 a litre. It is not certain that what the panel called for will be implemented. Rangarajan Committee and the Chaturvedi Committee reports… Continue reading

In case, if Apex Court agrees to let Shanbaug end her life “if Doctors permits her to perform Euthanasia”, than again it would be a breach of individual freedom of Shanbaug and her right to her life. She is certainly not a slave to those doctors whom Supreme Court may consider as the decision maker of who should live or who should be allowed to die.
Physician Assisted Suicide (PAS) is a mendacious issue; it confirms that the physician is principle and not the assistant, that it is the physician who will make the decision whether the person should be allowed to die. An assistant generally means the sub-ordinate that helps one in achieving his decision, but in case of PAS, the physician himself becomes the decision maker, the person superior to the patient. PAS simply empowers Doctors and not the individual to make a free decision for their own life. As a matter of fact, PAS is breach of right to life. 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

Often the politicians assume that it is their responsibility to provide certain services like health care or education for the needy on behalf of the compulsory tax collected from the common citizen. Thus, they propose the single payer socialized Universal Health Care System or Universal Education System with the theme of Education for All, where everybody is free to take free advantages of the medical care or education system, while government pays for the cost of it. The general intention of such politicians who exhort such an idea is to gain the public vote; it is nothing different than bribing the voters monetarily in order to get their votes to make a government. Continue reading

The theme of a democratic government unalterably remains as Government of people, by the people and for the people. Democracy provides a government that is subject to the will of people, yet the fact is it submerges the power of an individual to decide for his life in the colossal mass of the voters. The Individual citizen becomes insignificant with no authority to govern his life, and no say in the policies decided by government. Thus, the assertion of socialists supporting the interventions and regulation of government in market, that “the government is still controlled by us” becomes a mockery. Continue reading

We, by nature are not equal, we are not similar, we, each of us individuals, represents a distinct personality. We not only differ in shapes, sizes, looks and other physical aspects, we also differ in the abilities. Not everyone is equally talented, ambitious, hardworking or prudent and so on. Obviously, the more intelligent and prudent person with higher ambitions, better talent “if is free” to work as hard, honest and devotedly as he can, will surely gain more success in producing, earning and accumulating more wealth than a person with lesser intelligence, ambition and will to do honest hard work. Continue reading

In a free-society with individuals having complete self-ownership, (Capitalist society) the production of wealth vitally depends on division of labor, a system of production in which all the labor required is broken down into separate, distinct occupations. Obviously, each individual is free and self-responsible enough to decide at his own to what occupation suits him well and serves his self-interests in most proficient way. A society of free self-governing individuals essentially depends on each individual’s self-interest and his ability to exploit his own talent and efforts for fulfilling his needs, desires and self-interests and that makes rational-selfishness as the virtue of the free individual. Continue reading

One of the most important theories to make the rounds in 20th century world politics was the ‘exploitation theory’ proposed by the German Political theorist Karl Marx. Leftists all over the world have found it to their political convenience to blindly accept this theory, and to convince themselves of the morality of the workers’ hours of toil. Continue reading