Articles

If you do not create a free market, a black market will emerge. This is the motto of the Lithuanian Free Market Institute. In this article, I shall try to show that the system of market economy works best to fulfil the people's quest for happiness by providing them free choice to meet their needs.

The system of market economy works best to fulfill the people's quest for happiness by providing them free choice to meet their needs.

During the 20th century, 200,000,000 people became the victim of state violence and lost their precious lives. But even more people became victims of another type of state tyranny and that is tyranny against consumers by denying them the many benefits from free trade.

Water and Power Development Authority (WAPDA) is one of the monopolies which have made a hell of Pakistan. A few months back, a responsible official of WAPDA admitted that: power rates in Pakistan are very high. On another occasion, Secretary Federal Ministry of Water and Power stated that: pubic concern is increasing due to unaffordable electricity tariff whereas life is now dependent on cheap and reliable energy.

Had history followed this course, no economic and social progress would have been possible. For instance, if to save the jobs of the typists or say calligraphists or in like cases government had imposed duties on the new products and restrictions on their use were we able to go ahead with computers and information technology? Akbar, the great moghul emperor, was shown an early printing press by a foreigner. He rejected its use on the same pretext that our calligraphers would be rendered jobless.

The Kashmir conflict, like other ones such as Palestine, does have a history. Parties to it write, rewrite and exploit this history to a point where its ability to offer a solution becomes precarious. Besides, this kind of use of history complicates the conflict inextricably, and one wonders whether it would ever be possible to resolve it. So, I think, instead of delving into the history of Kashmir conflict, it's better to look forward to its possible resolutions.

The Declaration of Independence of July 4, 1776, is one of the greatest documents human history has produced. The more one reads it, the more meaningful, more insightful it becomes. Another aspect is its way of asserting certain things negatively. That is what I am interested in presenting here. Let us see whether the Declaration substantiates this sort of reading between the lines.