I saw this in the Mises Institute Blog today:Background : In the 1920s, way before the collapse of Socialism and central planning, Ludwig von Mises (and later his student F.A. Hayek) argued that socialism was unworkable, because the socialist system co…

(Pic courtesy: The Daily Mirror)In view of the SAARC summit, the Sri Lankan government decided to demolish the homes of a bunch of poor people living in ‘unauthorized dwellings’. Apparently aesthetics are more important for the government than life and…

Cato’s Johan Norberg has a detailed rebuttal on Naomi Klein’s superficial claims about Milton Friedman and free-market policies made in her book, The shock doctrine. Here’s a video of Norberg explaining how Ms Klein misrepresents what Friedman said: Al…

Cato’s Johan Norberg has a detailed rebuttal on Naomi Klein’s superficial claims about Milton Friedman and free-market policies made in her book, The shock doctrine. Here’s a video of Norberg explaining how Ms Klein misrepresents what Friedman said: Al…

Inspired by Bill Gates’ speech at the World Economic Forum, someone has created a creative capitalism blog with an impressive list of contributors, ranging from Gates to Buffet to this latest piece from Jagdish Bhagwati. Even the late Milton Friedman …

Forbes has it’s annual World’s billionaires list out which places Warren Buffet on top beating Bill Gates, and that Mexican guy, who supposedly overtook him. The Indians are catching up too, from the WSJ:the biggest surprise is the rise of the Indian…