How can the poor be helped is the most insistent question that the bleeding-hearted ask but only the hard-headed can answer. The fact that one has to understand is that the state of being poor is the background, default, standard state of every one of us. No one is born wealthy. Everyone is born naked, … Continue reading "Dhan Vapasi — Credit Constraint"
In the previous piece on Dhan Vapasi, I declared that the government must not own any property. The government’s job is to provide a service to the community. Provision of a service does not require ownership of property or even the tools. One could have tools one uses to provide a service — a vacuum … Continue reading "Dhan Vapasi – not a Batshit Crazy idea"
In a previous post, Restitution of Stolen Property, I had offered to answer questions on “Dhan Vapasi.” Anirudh asked a set of questions, which I answer here. To understand the concept of Dhan Vapasi (that’s Hindi for “wealth return”), I recommend a visit to the DhanVapasi.com site. I recommend reading the Dhan Vapasi booklet (pdf) … Continue reading "Dhan Vapasi – Public Property"
The answer to the post A Simple Puzzle is “the number of airports.” The US has the largest number of airpots in the world: around 20,000 — give or take a few dozens. It’s not hard to explain why this is so. The US is vast, is rich, and has been the pioneer in aviation … Continue reading "Airports"