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Toro's Running of the Bulls Market Blog: The Effects of Opposition to Globalization in India
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Bring back HUAC RT @ariarmstrong Socialism kills people in India, too. Cato: http://bit.ly/1XN685 7 days ago |
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That's Czary! RT @Abh1manyu Reading Socialism Kills - a Cato paper by Swaminathan Aiyar - http://bit.ly/EpoIg 26 days ago |
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Socialism Kills: The cost of delayed economic reform in India http://bit.ly/EpoIg Cato Institute 27 days ago |
Socialism Kills
Cafe Hayek —
What would have happened in India if that country had liberalized its economy ten years earlier than it did?
Swaminathan S. Anklesaria Aiyar does a commendable job supplying a plausible, if gruesome, answer. He
finds that with earlier reform, 14.5 million more children would have survived, 261 million more Indians would have become literate, and 109 million more people would have risen above the poverty line. The delay in economic reform represents an enormous social tragedy. It drives home the point that India’s socialist era, which ...
The Effects of Opposition to Globalization in India
Toro's Running of the Bulls Market Blog —
From the Cato Institute As the world approaches the 20th anniversary of the fall of communism,
it is worth investigating the costs borne by countries like India that
did not become communist but drew heavily on the Soviet model. For
three decades after its independence in 1947, India strove for
self-sufficiency instead of the gains of international trade, and gave
the state an ever-increasing role in controlling the means of
production. These policies yielded economic growth of 3.5 percent per
year, which was half that of export-oriented Asian countries, and ...
Who’s Blogging about Cato
Cato @ Liberty —
... at Jeffrey Miron’s critique of government health care. Miron responds.
PoliticalPolicy.net writes about Cato’s commentary on President Obama’s “Pay Czar” Kenneth Feinberg.
Libertarian blogger Ryan Jaroncyk mentions Cato in a blog post on the war in Afghanistan.
Attorney.org highlights Cato on their “Featured Organization” series.
At Cafe Hayek, Don Boudreaux features a new Cato paper on socialism in India.
Email us to let us know if you’re ...
