Tuesday, January 13, 2009

The idea of government is the idea of crisis

Kaushik Das writes in the Mint “History has shown time and again that all the previous business cycles or “general cluster of business errors” were the outcome of either the manipulation of interest rates, price levels, exchange rate, fiscal balances or a combination of all of these by government institutions.

In fact Sauvik is right in a way to deeper sense of free enterprises system.

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