Labels are useful. They indicate the content of objects which could be anything — from cans and bottles to people and institutions. But labels can also be confusing if they are not properly defined before they are used. I think… Read More ›
Month: January 2020
India’s Republic Day January 26th
Today is the 71st anniversary of the Republic Day of India. On Jan 26th, 1950, the constitution of India came into force. Here are a few posts from previous years. Last year’s post was “Whoever fights monsters …” Quote: Around… Read More ›
Saturday Special
A few things that I recently found on the web that especially caught my attention. I will lead with the cute. Meerkats All young animals are shy. Here’s a shy baby meerkat by Japanese photographer Mamekoro (@mamekoro51). No different from… Read More ›
China and Economic Freedom
The relationship between economic freedom and prosperity is empirically verifiable. Countries that are relatively economically free — meaning free markets and private ownership of capital — do better than countries that are not economically free. South Korea, for example, is… Read More ›
Climate Change Once Again
I have a lot of work piled up. I usually deal with piles of work by entertaining myself watching TV and YouTube. It’s more fun than doing serious stuff. However one topic is both serious and fun. It’s the climate… Read More ›
Economics Library: Essential Scholars
The thing that astonished me the most when I came to the United States was the public library. Every city and even rinky-dinky towns have public libraries. These are open to all and for free, unlike say university libraries. Fortunately… Read More ›
Have the Laws of Economics Changed?
The correlation between economic freedom and economic prosperity is well-established and robust. Economics explains why this relationship exists and also the causal direction — economic freedom is the cause and prosperity the effect. I am by nature in favor of… Read More ›
