[…] width of economic inequalities. Footnotes:An explanation of this phenomenal truth is here “The story of Socialism, Public Welfare, and Brain Drain” […]

[…] US as deeper as the current economic crisis is harming.[2] We used to discuss about the harms of brain drain which the native countries of the immigrants suffers, and now the same immigrants when will return […]

[…] IITs, and in return it churns out these graduates who move to USA to work or pursue higher studies. We clearly fail to understand why they moved to USA and call it “Brain Drain”. Years down the road when they achieve success we put them in “Proud to be an Indian” […]

Ps:can u pls do something &reduce the time taken by your site for loading???

that was a good post! it brought back the feel of atlas shrugged… grt job!

~Sanskriti
 http://sanz360.wordpress.com

seems very inspired by my fav book - atlas shrugged… that lady’s spirit seemed to have entered u while u wrote this one, i think. good..kp her idea of capitalism alive!

HI this was an excellent post.
I give you another scenario.
When I was getting in to medical school, we were required to sign a bond, where we agreed to serve for Government for five years when needed, or else pay around five lacs rupees. I did not want to sign such a bond but wanted to get in to medical business. Now, my father was working in a government ran college, where he was the highest ranked officer. even after being in such a post for more than twenty five years, he could not afford me going in to a privet medical college. So I had to take admission in a government run one. But, I was given this consolation that, government wont require your service.
Now, I realized that, this was a ploy of the government to make the intelligent class its servant, and stop them from being free. Now, both me and my dad, serve the government, because we can not afford our wishes, though we are the best producers of human resources.
The health sector today suffers from doctors who are frustrated by lack of pay or from those who are corrupt.
And it is because, health is human right. I ask who pays for it?

cool blog

excellent blog….

I don’t know Henry Hazzlitt but i know unpretentious_diva who wrote it

Why call it a scholarship? scholarship is deserved by the people. This is theft.

Anyways, this post clearly shows the Indian story since independence to the day the statists and Communists under headship of somnath chatterjee, proposed for scholarship for voters

@Prashant

well, I didn’t read that book and I know very less bout Henry Hazzlitt.

What I read is Atlas Shrugged, the Magnum Opus of Capitalism.

And about this post, I was Inspired with For the New Intellectuals” the chapter “From Each According to His Ability, To Each According to His Need”.
you can hear about it in voice of Rand Here.

Haha, nice one. You condensed Henry Hazzlitt’s(the guy who wrote ‘Economics in one lesson’) novel “Time will run back”

Its a MUST READ.
Time will run back

If capitalism did not exist, it would be necessary to invent it — and its discovery would be rightly regarded as one of the great triumphs of the human mind. This is the theme of Time Will Run Back. -Henry Hazzlitt