Hayek Order

Sunday, September 2, 2012

Some links


Groundwater Irrigation Actually Reduces Poverty

The entire community of salaried tax payers are promptly punished with a regressive tax regime for the sins of a few. The public can have the right to vote or a rational tax system. They can’t have both.
The most hilarious example of misuse relates to the scam ending the political career of Andhra Pradesh governor N D Tiwari. Photos of him cavorting with three naked prostitutes were made public by the madam of the brothel. Why did she expose him? Because Tiwari had promised her a mining licence but did not deliver. Her expose caused much merriment. Yet it is hardly a laughing matter that in India, even brothel-owners can aspire to be allocated mines. 
Tavleen Singh has very interesting piece recounting the old days of socialist era in India. "Is public memory so short that we have forgotten that more than ninety per cent of our public sector companies have never made a profit?" 


Chandra at 11:28 PM

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