Nihaarika Ravi

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The War Against Cash, India, and a Lesson about Big Government

The War against Cash is a battle that shouldn’t even exist. But politicians don’t like cash because it’s hard to control something that people can …

The War against Cash, Part IV

The War against Cash continues.• In Part I, we looked at the argument that cash should be banned or restricted so governments could more easily collect …

The War against Cash, Part III

Although it doesn’t get nearly as much attention as it warrants, one of the greatest threats to liberty and prosperity is the potential curtailment …

The War against Cash, Part II

I wrote yesterday that governments want to eliminate cash in order to make it easier to squeeze more money from taxpayers.But that’s not the only …

The War against Cash, Part I

Politicians hate cash.That may seem an odd assertion given that they love spending money (other people’s money, of course, as illustrated by this …

These Charts Show How India Has Become Modi-fied

From digital connectivity to sanitation and child mortality, Narendra Modi's tenure has impacted day-to-day life for over 1.2 billion people.<p>In May …

Why Turkey's Islamist Leader Is So Happy About Trump

Many people are delighted by Donald Trump's election last week. There are (some) Republicans. Some Immigration and Customs Enforcement officers. Alt-right online trolls and opponents of free trade. Add to this list Turkey's Islamist president, Recep Tayyip Erdogan.<p>Erdogan himself has already …

Muslim Brotherhood

Even Trump Is a Keynesian

What does the election of Donald Trump mean for macroeconomics? Above all else, it means that the half-century-long challenge to Keynesian ideas is over. The insurgents lost.<p>First, some background. During the Great Depression, John Maynard Keynes suggested that government spending would boost the …