Sanjeev Sabhlok's Blog, page 98

Against the government’s licensing of doctors – Milton Friedman

Adam Smith wrote against the monopolistic tendencies of doctors but Friedman’s doctoral research took him much further into this area. He then wrote a book: Incomes from Independent Professional Practice [The book is available here for download]. VIDEOS This one. and this: and this: And chapter 9 of his book, Capitalism and Freedom. Medical Licensure The […]

My next TOI blog post: India can get world-class universities if the government gets out of the way

This one.

My next TOI blog post: India has a colonial Constitution made worse by socialist intervention

For my future record – this is the link.

Rationale for town planning – the 1929 report of the Melbourne’s Metropolitan Town Planning Commission

It is very hard to figure out what problem town planning is trying to resolve (e.g. see my Quora question) I found this report here And have OCRd into a docx file here. Will comment on the justifications in due course.

Nineteenth century London water supply: Processes of innovation and improvement – Nicola Tynan

This paper is worth a read. Publishing a truncated HTML version, will read and annotate later, as time permits. Introduction At the turn of the nineteenth century, those London households with piped water supply received their water untreated, intermittently and at low-pressure. By 1901, the majority of London’s households had piped supply, with 95% receiving […]

COASE AND WATER – Nicola Tynan

6  COASE AND WATER – Nicola Tynan Introduction Water is a scarce resource. While this may sound obvious today, a century ago it was not. A recurring criticism of London’s private water companies during the nineteenth century was that they failed to provide a sufficiently large quantity of water for flushing and street-cleaning at a […]

Ronald Coase’s work on public utilities – a compilation

I’m following up on this post, and have located the following writings COASE’S OWN WORK The Theory of Public Utility Pricing – Coase The Nationalization of Electricity Supply in Great Britain – R. H. Coase, Land Economics, Vol. 26, No. 1 (Feb., 1950), pp. 1-16 Some Notes on Monopoly Price – R. H. Coase, The Review of Economic Studies, Vol. 5, […]

My next TOI blog post: The failed socialist experiment of capitalist Scandinavian countries

This. This has been a matter of significant confusion for many people – this article clarifies.

Gandhi supported the use of guns for self-defence and opposed the racially discriminatory Arms Act of British India

Gandhi DID NOT oppose the idea of an Arms Act in principle – that he agreed regarding regulation of arms comes out clearly when one reads him completely. But he DID oppose the RACIST Arms Act introduced in 1878 by the British. The “India’s Arms Act of 1878, which gave Europeans in India the right to […]

My next TOI blog post: Our party’s views on the Raghuram Rajan economic strategy

This. And my email to the economists: ===== Dear fellow economists and friends Thanks for your efforts to help reform India. I’ve had a close look at your views and provided a summary position here on 22 December: https://timesofindia.indiatimes.com/b... Would appreciate your close examination of SBP’s manifesto (and indeed, my book Breaking Free of Nehru – particularly its chapters 4 […]