21 May, 2007

Socialists - 1. Madisonians - 0

Shruti Rajagopalan, fellow libertarian and gurgling buddy, has an excellent piece in Wall Street Journal Asia today titled ”Indian Property Wrongs.” (Subs. link, but the piece is also on her blog here.) It narrates the story of how “the socialists managed to out-shout the Madisonians” when our constitution was being written, which led to property rights not being adequately protected in India. And as a result of that, we have Singur and Nandigram. Fine piece, do read.