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Posted: Mon Nov 02, 2009 7:12 pm |
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Don Boudreaux
October 30 2009
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 claimed it would
deliver growth with social justice, delivered neither."
Warmest Regards
Bon z0
"It is a remarkable fact that despite the worldwide expenditure of perhaps
US$50 billion since 1990, and the efforts of tens of thousands of scientists
worldwide, no human climate signal has yet been detected that is distinct
from natural variation."
Bob Carter, Research Professor of Geology, James Cook University, Townsville
http://cafehayek.com/2009/10/socialism-kills.html |
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| o nob... |
Posted: Mon Nov 02, 2009 7:44 pm |
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Guest
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Don Boudreaux
October 30 2009
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 claimed it would
deliver growth with social justice, delivered neither."
Warmest Regards
Bon z0
"It is a remarkable fact that despite the worldwide expenditure of perhaps
US$50 billion since 1990, and the efforts of tens of thousands of scientists
worldwide, no human climate signal has yet been detected that is distinct
from natural variation."
Bob Carter, Research Professor of Geology, James Cook University, Townsville
http://cafehayek.com/2009/10/socialism-kills.html |
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