Larry White and Shruti Rajagopalan

The Indian Government’s $100 Billion Heist

by Larry White and Shruti Rajagopalan | Dec 2, 2016 | Economics, Featured Articles, Foreign Policy

News accounts and analyses on other blogs have usefully described and critically assessed the “demonetization” shock that Prime Minister Narendra Modi gave the Indian economy on November 8. Here we emphasize two features of Modi’s initiative that have been little noticed. First, the combination of demonetization followed by “remonetization” will transfer billions worth of US dollars from the Indian public to the Indian government. Second, the skewed pattern in which new notes will be injected will favor some sectors over others. Background To recap, Modi announced that, in order to fight...

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Israel Winner of the 2003 Iraq Oil War

by Gary Vogler

From the Foreword by Lawrence B. Wilkerson: “[T]he debate over whether oil was a principal reason for the 2003 invasion has waxed and waned, with one camp arguing that it absolutely was, while the other argues the precise opposite.” “Mr. Vogler, himself a former...

Domestic Imperialism: Nine Reasons I Left Progressivism

by Keith Knight

Imagine the Catholic Church (or any person or group of people) doing what the government does every day: Everyone who doesn’t give the Catholic Church 25% of his annual income every year will be put in jail. If he resists the Jesuit officer, the officer has the right...

Diary of a Psychosis: How Public Health Disgraced Itself During COVID Mania

by Thomas E. Woods, Jr.

FOREWORD BY JAY BHATTACHARYA, MD, PHD Diary of a Psychosis is different from all other books on Covid: it traces the development of the government response as it happened, bit by bit, and subjects it to relentless scrutiny: did any of it do any good? It thereby...

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