Vivek Kaul
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November 2013
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“Those producing the ‘money’ (i.e. currency) get fabulously wealthy from their crime—at the expense of impoverishing the masses and completely hollowing-out/destroying the broader economy.”
― Easy Money: Evolution of Money from Robinson Crusoe to the First World War
― Easy Money: Evolution of Money from Robinson Crusoe to the First World War
“the main source of profitableness of established banking is the smallness of requisite capital.”4”
― Easy Money: Evolution of Money from Robinson Crusoe to the First World War
― Easy Money: Evolution of Money from Robinson Crusoe to the First World War
“The 12th Five-Year Plan (2012-2017), which is a slightly older document, puts the mean number of years of schooling in India at 5.12 years, which is not very far off from the Human Development Report figure. This is well below other emerging-market countries, like China, at 8.17 years, and Brazil, at 7.54 years. In fact, it is also well below the average of all developing countries, which is at 7.09 years.”
― India’s Big Government: The Intrusive State & How It's Hurting Us
― India’s Big Government: The Intrusive State & How It's Hurting Us