The simple rule #1 in economics: Government consumer subsidies create shortages and government producer subsidies create wasteful surpluses. The voters in some countries like Argentina seemed unable to grasp that this "things are better, we will party again now" mindset has to be opposed long term for decades in order to achieve real, permanent, prosperity.
Type of economic right that sg dream about, he is true right wing economist, completely transformed Argentina, type of transformation we expected from modi govt, but they turned out anything but reformist
See column on Dollarisation of a different kind, 12 September 2023, Business Standard This was written before he became President. Gurbachan Singh (Previously visiting prof, Ashoka University)
He was a risky choice. But still the voters chose him to run the affairs because of widespread discontent and anger against the establishment whom the citizens blame for the economic mess the country finds itself in. The mandate was for change and reform. He is doing justice to the public verdict.
Javier Milei is an inspiration for the whole world. India needs to emulate his reforms. 1991 liberalization 2.0
It's all about short term pain for long time gain
Sure, for future inmigrants and orphans lol
The simple rule #1 in economics: Government consumer subsidies create shortages and government producer subsidies create wasteful surpluses.
The voters in some countries like Argentina seemed unable to grasp that this "things are better, we will party again now" mindset has to be opposed long term for decades in order to achieve real, permanent, prosperity.
Nimmy would've increased tax on everything and asked RBI to keep interest rate high to control inflation
We need to implement his ideas in Indis to reduce government expenditure.
Modi dhould learn something, nalayak keeps doing vikas larp without reforms
Socialist and tax hunger Modi should learn from him.
When did modi become a socialist 😅? I believe it's he who wishes to privatize government owned businesses and congress the one who opposes it
And it's also bjp which brought the corporate tax rate down in 2019 despite sever opposition of working for rich businessmen.
Type of economic right that sg dream about, he is true right wing economist, completely transformed Argentina, type of transformation we expected from modi govt, but they turned out anything but reformist
Useless Modi government should learn how to do reforms from Javier Milei.
See column on
Dollarisation of a different kind,
12 September 2023, Business Standard
This was written before he became President.
Gurbachan Singh
(Previously visiting prof, Ashoka University)
He is a prominent economist, I have no hopes from Indian political babus who are in govt.
He was a risky choice. But still the voters chose him to run the affairs because of widespread discontent and anger against the establishment whom the citizens blame for the economic mess the country finds itself in. The mandate was for change and reform. He is doing justice to the public verdict.
Madam, why are you doing karate while talking? It was funny to watch you with the volume turned off!!!