The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

Will Libertarians Decry The Boston Tea Party?

Posted on | September 2, 2010 | 198 Comments

by Smitty (h/t Dan Riehl)

I was just listening to the Levin rant, which is a must-hear. Levin starts with the Boston Tea Party. Dumping the tea into Boston Harbor was a gross violation of private property.
That’s a cute historical point, but, if those Bostonians had been fully committed to Libertarian navel-gazing, we’d still be under a monarchy.
So, if the people then were intolerant of oppression fromo London, and are considered patriots, why are New Yorkers asking for space between the area impacted by the 9/11 attack and a mosque not also patriots for resisting what could be considered an act of oppression?
Over to you Kn@ppster.

Category: Libertarians

Comments

198 Responses to “Will Libertarians Decry The Boston Tea Party?”

  1. waylay
    September 2nd, 2010 @ 6:51 pm

    Randy Rager rants “1/10th the per capita income of Rhode Island, our smallest state.”

    Your ‘smallest’ state has more per capita than the average per capita of the whole of United States, you moron.

    IOW, comparing per capita of your “smallest state” to India’s doesn’t add anything to your point.

    You could have compared the figure to your “poorest state” (Mississippi? Utah? West Virginia?) to make your triumphant point.

    But then that would be asking you too much, given you still haven’t apologized or accepted tour mistakes upthread.

  2. waylay
    September 2nd, 2010 @ 11:02 pm

    “And talking about spiritual, Waylay how many creatures have you reincarnated through since January?”–Adobe Walls

    WTF? You reincarnate AFTER you die. ie. in a next life as per your Karma.

    But then i’m an atheist and a non-spiritualist.

    ***

    Just wanted to say this before i call it a day/night. It is a FACT that many Indians who are well off in the US are now finding India a great place to live and work.

    The general thumb of rule for an IT company in the US to transfer your job to their Indian center is that they would pay your 1/3rd of what you get in the US. If you get 100k in the Us, you get 33k in India. And a lot of people take it. Cost of living in India is very low. And many people are preferring the quality of life in Indian cities.

    Even if you get 20k in India, you can live like a king. Even if you get 120k in the US you might still have financial problems and may not be able to avail of similar comforts that you can in India.

  3. waylay
    September 2nd, 2010 @ 11:02 pm

    “And talking about spiritual, Waylay how many creatures have you reincarnated through since January?”–Adobe Walls

    WTF? You reincarnate AFTER you die. ie. in a next life as per your Karma.

    But then i’m an atheist and a non-spiritualist.

    ***

    Just wanted to say this before i call it a day/night. It is a FACT that many Indians who are well off in the US are now finding India a great place to live and work.

    The general thumb of rule for an IT company in the US to transfer your job to their Indian center is that they would pay your 1/3rd of what you get in the US. If you get 100k in the Us, you get 33k in India. And a lot of people take it. Cost of living in India is very low. And many people are preferring the quality of life in Indian cities.

    Even if you get 20k in India, you can live like a king. Even if you get 120k in the US you might still have financial problems and may not be able to avail of similar comforts that you can in India.

  4. waylay
    September 2nd, 2010 @ 7:02 pm

    “And talking about spiritual, Waylay how many creatures have you reincarnated through since January?”–Adobe Walls

    WTF? You reincarnate AFTER you die. ie. in a next life as per your Karma.

    But then i’m an atheist and a non-spiritualist.

    ***

    Just wanted to say this before i call it a day/night. It is a FACT that many Indians who are well off in the US are now finding India a great place to live and work.

    The general thumb of rule for an IT company in the US to transfer your job to their Indian center is that they would pay your 1/3rd of what you get in the US. If you get 100k in the Us, you get 33k in India. And a lot of people take it. Cost of living in India is very low. And many people are preferring the quality of life in Indian cities.

    Even if you get 20k in India, you can live like a king. Even if you get 120k in the US you might still have financial problems and may not be able to avail of similar comforts that you can in India.

  5. Roxeanne de Luca
    September 3rd, 2010 @ 12:49 am

    young4eyes/gg/waylay: You said that I’m knocking down a straw man, but you said this:

    But the cities are growing and India is growing that is the point. India is growing up, America is growing down.

    You also said that India’s GDP grew 8.6% last year (but failed to account for GDP-PPP, ha), and negatively compared that to the United States.

    Um, so maybe you wanted to make a cutsie-pie point about how India is so awesome and up-and-coming and such… and don’t like the fact that I pointed out that it’ll take another fifty years of this awesome growth stuff to even be in America’s league. Sucks to be you.

  6. Roxeanne de Luca
    September 3rd, 2010 @ 12:49 am

    young4eyes/gg/waylay: You said that I’m knocking down a straw man, but you said this:

    But the cities are growing and India is growing that is the point. India is growing up, America is growing down.

    You also said that India’s GDP grew 8.6% last year (but failed to account for GDP-PPP, ha), and negatively compared that to the United States.

    Um, so maybe you wanted to make a cutsie-pie point about how India is so awesome and up-and-coming and such… and don’t like the fact that I pointed out that it’ll take another fifty years of this awesome growth stuff to even be in America’s league. Sucks to be you.

  7. Roxeanne de Luca
    September 2nd, 2010 @ 8:49 pm

    young4eyes/gg/waylay: You said that I’m knocking down a straw man, but you said this:

    But the cities are growing and India is growing that is the point. India is growing up, America is growing down.

    You also said that India’s GDP grew 8.6% last year (but failed to account for GDP-PPP, ha), and negatively compared that to the United States.

    Um, so maybe you wanted to make a cutsie-pie point about how India is so awesome and up-and-coming and such… and don’t like the fact that I pointed out that it’ll take another fifty years of this awesome growth stuff to even be in America’s league. Sucks to be you.

  8. Randy Rager
    September 3rd, 2010 @ 12:55 am

    What mistake? I hit 4 instead of 5 and didn’t notice it until later? It makes even less difference to the argument than which state I use to mock your wretched hellhole of a nation.

    PPP is bullshit, and I can prove it in a paragraph. If your per capita really was three times higher than your exchange rate nominal (which is what is claimed), you would be awash with exporters trying to sell everything you produced, hell, everything not nailed down. The difference in currency value alone would pay for the shipping. You’re not, it’s not and any economist that uses PPP in a serious policy discussion is lying.

  9. Randy Rager
    September 3rd, 2010 @ 12:55 am

    What mistake? I hit 4 instead of 5 and didn’t notice it until later? It makes even less difference to the argument than which state I use to mock your wretched hellhole of a nation.

    PPP is bullshit, and I can prove it in a paragraph. If your per capita really was three times higher than your exchange rate nominal (which is what is claimed), you would be awash with exporters trying to sell everything you produced, hell, everything not nailed down. The difference in currency value alone would pay for the shipping. You’re not, it’s not and any economist that uses PPP in a serious policy discussion is lying.

  10. Randy Rager
    September 2nd, 2010 @ 8:55 pm

    What mistake? I hit 4 instead of 5 and didn’t notice it until later? It makes even less difference to the argument than which state I use to mock your wretched hellhole of a nation.

    PPP is bullshit, and I can prove it in a paragraph. If your per capita really was three times higher than your exchange rate nominal (which is what is claimed), you would be awash with exporters trying to sell everything you produced, hell, everything not nailed down. The difference in currency value alone would pay for the shipping. You’re not, it’s not and any economist that uses PPP in a serious policy discussion is lying.

  11. Roxeanne de Luca
    September 3rd, 2010 @ 1:12 am

    PPP is an estimation ok…

    So lets talk about India’s (or China’s) economy in nominal terms (1.2 trillion) rather than PPP terms (3.5 trillion ) when comparing it to an advanced economy like that of the US or Japan (where the PPP and nominal don’t diffre by much).

    Don’t mention this to your economics friends. They will laugh at you.

    Why would they laugh at me, unless I followed your logic? My point makes sense: PPP is highly subjective, changes with advancing economies, and is therefore inappropriate to use as a comparison between two countries.

  12. Roxeanne de Luca
    September 3rd, 2010 @ 1:12 am

    PPP is an estimation ok…

    So lets talk about India’s (or China’s) economy in nominal terms (1.2 trillion) rather than PPP terms (3.5 trillion ) when comparing it to an advanced economy like that of the US or Japan (where the PPP and nominal don’t diffre by much).

    Don’t mention this to your economics friends. They will laugh at you.

    Why would they laugh at me, unless I followed your logic? My point makes sense: PPP is highly subjective, changes with advancing economies, and is therefore inappropriate to use as a comparison between two countries.

  13. Roxeanne de Luca
    September 2nd, 2010 @ 9:12 pm

    PPP is an estimation ok…

    So lets talk about India’s (or China’s) economy in nominal terms (1.2 trillion) rather than PPP terms (3.5 trillion ) when comparing it to an advanced economy like that of the US or Japan (where the PPP and nominal don’t diffre by much).

    Don’t mention this to your economics friends. They will laugh at you.

    Why would they laugh at me, unless I followed your logic? My point makes sense: PPP is highly subjective, changes with advancing economies, and is therefore inappropriate to use as a comparison between two countries.

  14. waylay
    September 3rd, 2010 @ 3:49 am

    @RdL

    “You also said that India’s GDP grew 8.6% last year (but failed to account for GDP-PPP, ha), and negatively compared that to the United States.”

    I didn’t ‘also’ say about India’s GDP last year. Read before you respond, moron. (Randy Rager, you are not alone.)

    I said “India’s economy grew by 8.8 percent in the last quarter”. Last year was bad news for India, we grew by less than 8.

    MUMBAI, India – India’s economy grew 8.8 percent in the June quarter, its fastest pace in over two years, as good farm and manufacturing output lifted growth back to its pre-crisis trajectory.

    The latest quarter’s growth rate was bolstered by a comparison with the economic doldrums in the year-earlier period. Economists say the pace will begin to ease as that effect wears off and central bank rate hikes begin to be felt in Asia’s third-largest economy.

    India’s economic expansion averaged nearly 9 percent before the Great Recession, which dragged growth this time last year to 6 percent — the last quarter before India’s economy began to rebound.

    http://news.yahoo.com/s/ap/20100831/ap_on_bi_ge/as_india_economy

    “Why would they laugh at me, …”

    Because you don’t compare an advanced nation’s economy to a developing nation’s economy like India or China based on the nominal GDP figures. If not you would be talking about half the China’s economy or one third the Indian economy. It is not an exact science, but alway use the best estimates for PPP, other wise you become a laughing stock.

    —

    There is a world economic crisis, and yet India is growing like never before at this point.

    Btw, DC has the highest per capita in the US, but yet you have the highest poverty too there. A person who earns two dollars a day in India can live comfortably. Even if a guy earns 20 dollars (ten times more) a day in the US cannot live with his/her basic needs met. So there’s the difference between value of money in the US and India. According to some projections, if India’s economy keeps up it will become an advanced economy (a clue: nominal approaches closer to PPP) and over take the US by 2040-2045. But then our population will be at least 4 times greater than that of the US. SO per capita will still be less. But yet, i’m guessing a lot of Americans would prefer to live in India at that point. India won’t be a great place for our poor, but the rich and middle class will have, perhaps a much higher quality of life than their equivalents in the US. Its already happening in the cities. A lot of Indian Americans are preferring/at least willing to get back to settle in India, which wasn’t the case a 5 years ago.

  15. waylay
    September 3rd, 2010 @ 3:49 am

    @RdL

    “You also said that India’s GDP grew 8.6% last year (but failed to account for GDP-PPP, ha), and negatively compared that to the United States.”

    I didn’t ‘also’ say about India’s GDP last year. Read before you respond, moron. (Randy Rager, you are not alone.)

    I said “India’s economy grew by 8.8 percent in the last quarter”. Last year was bad news for India, we grew by less than 8.

    MUMBAI, India – India’s economy grew 8.8 percent in the June quarter, its fastest pace in over two years, as good farm and manufacturing output lifted growth back to its pre-crisis trajectory.

    The latest quarter’s growth rate was bolstered by a comparison with the economic doldrums in the year-earlier period. Economists say the pace will begin to ease as that effect wears off and central bank rate hikes begin to be felt in Asia’s third-largest economy.

    India’s economic expansion averaged nearly 9 percent before the Great Recession, which dragged growth this time last year to 6 percent — the last quarter before India’s economy began to rebound.

    http://news.yahoo.com/s/ap/20100831/ap_on_bi_ge/as_india_economy

    “Why would they laugh at me, …”

    Because you don’t compare an advanced nation’s economy to a developing nation’s economy like India or China based on the nominal GDP figures. If not you would be talking about half the China’s economy or one third the Indian economy. It is not an exact science, but alway use the best estimates for PPP, other wise you become a laughing stock.

    —

    There is a world economic crisis, and yet India is growing like never before at this point.

    Btw, DC has the highest per capita in the US, but yet you have the highest poverty too there. A person who earns two dollars a day in India can live comfortably. Even if a guy earns 20 dollars (ten times more) a day in the US cannot live with his/her basic needs met. So there’s the difference between value of money in the US and India. According to some projections, if India’s economy keeps up it will become an advanced economy (a clue: nominal approaches closer to PPP) and over take the US by 2040-2045. But then our population will be at least 4 times greater than that of the US. SO per capita will still be less. But yet, i’m guessing a lot of Americans would prefer to live in India at that point. India won’t be a great place for our poor, but the rich and middle class will have, perhaps a much higher quality of life than their equivalents in the US. Its already happening in the cities. A lot of Indian Americans are preferring/at least willing to get back to settle in India, which wasn’t the case a 5 years ago.

  16. waylay
    September 2nd, 2010 @ 11:49 pm

    @RdL

    “You also said that India’s GDP grew 8.6% last year (but failed to account for GDP-PPP, ha), and negatively compared that to the United States.”

    I didn’t ‘also’ say about India’s GDP last year. Read before you respond, moron. (Randy Rager, you are not alone.)

    I said “India’s economy grew by 8.8 percent in the last quarter”. Last year was bad news for India, we grew by less than 8.

    MUMBAI, India – India’s economy grew 8.8 percent in the June quarter, its fastest pace in over two years, as good farm and manufacturing output lifted growth back to its pre-crisis trajectory.

    The latest quarter’s growth rate was bolstered by a comparison with the economic doldrums in the year-earlier period. Economists say the pace will begin to ease as that effect wears off and central bank rate hikes begin to be felt in Asia’s third-largest economy.

    India’s economic expansion averaged nearly 9 percent before the Great Recession, which dragged growth this time last year to 6 percent — the last quarter before India’s economy began to rebound.

    http://news.yahoo.com/s/ap/20100831/ap_on_bi_ge/as_india_economy

    “Why would they laugh at me, …”

    Because you don’t compare an advanced nation’s economy to a developing nation’s economy like India or China based on the nominal GDP figures. If not you would be talking about half the China’s economy or one third the Indian economy. It is not an exact science, but alway use the best estimates for PPP, other wise you become a laughing stock.

    —

    There is a world economic crisis, and yet India is growing like never before at this point.

    Btw, DC has the highest per capita in the US, but yet you have the highest poverty too there. A person who earns two dollars a day in India can live comfortably. Even if a guy earns 20 dollars (ten times more) a day in the US cannot live with his/her basic needs met. So there’s the difference between value of money in the US and India. According to some projections, if India’s economy keeps up it will become an advanced economy (a clue: nominal approaches closer to PPP) and over take the US by 2040-2045. But then our population will be at least 4 times greater than that of the US. SO per capita will still be less. But yet, i’m guessing a lot of Americans would prefer to live in India at that point. India won’t be a great place for our poor, but the rich and middle class will have, perhaps a much higher quality of life than their equivalents in the US. Its already happening in the cities. A lot of Indian Americans are preferring/at least willing to get back to settle in India, which wasn’t the case a 5 years ago.

  17. waylay
    September 3rd, 2010 @ 4:00 am

    To speak of a single country’s growth rate, whether it is an advanced or a developing economy, either by PPP or nominal figures doesn’t make any considerable difference at all. What makes a big, if not a considerable difference is in comparing two countries on GDP nominal terms alone, (even if both the countries are advanced nations).

  18. waylay
    September 3rd, 2010 @ 4:00 am

    To speak of a single country’s growth rate, whether it is an advanced or a developing economy, either by PPP or nominal figures doesn’t make any considerable difference at all. What makes a big, if not a considerable difference is in comparing two countries on GDP nominal terms alone, (even if both the countries are advanced nations).

  19. waylay
    September 3rd, 2010 @ 12:00 am

    To speak of a single country’s growth rate, whether it is an advanced or a developing economy, either by PPP or nominal figures doesn’t make any considerable difference at all. What makes a big, if not a considerable difference is in comparing two countries on GDP nominal terms alone, (even if both the countries are advanced nations).

  20. Randy Rager
    September 3rd, 2010 @ 4:03 am

    Boy, we’ve really got your goat, don’t we? We’re making that little bastard jerk around like a cat chasing a laser pointer.

    You can’t even give us honest numbers (PPP instead of nominal, quarterly instead of yearly) and you expect us to be awed by your pathetic attempt at analysis? I have no idea what you’ve been smoking, snorting, drinking or otherwise ingesting, but you sound pretty fucking stoned to me. What is it, cheap Chinese methamphetamine? I hear a lot of that makes it down your way since the Chinese trucking industry practically lives on the stuff.

  21. Randy Rager
    September 3rd, 2010 @ 4:03 am

    Boy, we’ve really got your goat, don’t we? We’re making that little bastard jerk around like a cat chasing a laser pointer.

    You can’t even give us honest numbers (PPP instead of nominal, quarterly instead of yearly) and you expect us to be awed by your pathetic attempt at analysis? I have no idea what you’ve been smoking, snorting, drinking or otherwise ingesting, but you sound pretty fucking stoned to me. What is it, cheap Chinese methamphetamine? I hear a lot of that makes it down your way since the Chinese trucking industry practically lives on the stuff.

  22. Randy Rager
    September 3rd, 2010 @ 12:03 am

    Boy, we’ve really got your goat, don’t we? We’re making that little bastard jerk around like a cat chasing a laser pointer.

    You can’t even give us honest numbers (PPP instead of nominal, quarterly instead of yearly) and you expect us to be awed by your pathetic attempt at analysis? I have no idea what you’ve been smoking, snorting, drinking or otherwise ingesting, but you sound pretty fucking stoned to me. What is it, cheap Chinese methamphetamine? I hear a lot of that makes it down your way since the Chinese trucking industry practically lives on the stuff.

  23. Roxeanne de Luca
    September 3rd, 2010 @ 5:08 am

    waylay/gg/whatever your name is:

    GROW THE FUCK UP. Your act is getting old and downright pathetic. When someone – heaven forbid! – mistypes a number on a blog with over seventy comments on it, you flip out and start calling him or her stupid, moronic, etc.

    Now, let me say this as a woman who hit the jackpot at birth with the brainpower she was given: intelligence is not a virtue. You’re talking to Miss Perfect Math SAT Score, Miss Aced her graduate level quantum courses when she was 19, Miss Latin Honours from her Nationally Ranked Law School… and she’s here to tell you, waylay, that whatever you have going on in your brain, or don’t have going on in your brain, is neither a virtue nor a sin. What you do with it can be a virtue or a problem, but what you are born with neither makes you a good person nor a bad person.

    Let’s be honest, kid: either life smacked you around recently or you’re fucked up in the head (or both). Normal people simply do not go as batshit crazy as you do when they see a person on a blog who mis-types a number. Babe, if that’s your version of “stupid”, you’re an idiot – and not in the IQ sense, but in the wisdom sense.

    Apparently, you missed the part wherein Stacy’s “gonzo” reporting is more of an act and a persona than actual immaturity. Return when you’ve grown up and can stop throwing all of your insecurities onto us. If it’s not your brain that makes you insecure, well, never thought I would say this, but go get laid and you’ll worry less about your dick. Either way, you have problems that you need to fix on your own.

  24. Roxeanne de Luca
    September 3rd, 2010 @ 1:08 am

    waylay/gg/whatever your name is:

    GROW THE FUCK UP. Your act is getting old and downright pathetic. When someone – heaven forbid! – mistypes a number on a blog with over seventy comments on it, you flip out and start calling him or her stupid, moronic, etc.

    Now, let me say this as a woman who hit the jackpot at birth with the brainpower she was given: intelligence is not a virtue. You’re talking to Miss Perfect Math SAT Score, Miss Aced her graduate level quantum courses when she was 19, Miss Latin Honours from her Nationally Ranked Law School… and she’s here to tell you, waylay, that whatever you have going on in your brain, or don’t have going on in your brain, is neither a virtue nor a sin. What you do with it can be a virtue or a problem, but what you are born with neither makes you a good person nor a bad person.

    Let’s be honest, kid: either life smacked you around recently or you’re fucked up in the head (or both). Normal people simply do not go as batshit crazy as you do when they see a person on a blog who mis-types a number. Babe, if that’s your version of “stupid”, you’re an idiot – and not in the IQ sense, but in the wisdom sense.

    Apparently, you missed the part wherein Stacy’s “gonzo” reporting is more of an act and a persona than actual immaturity. Return when you’ve grown up and can stop throwing all of your insecurities onto us. If it’s not your brain that makes you insecure, well, never thought I would say this, but go get laid and you’ll worry less about your dick. Either way, you have problems that you need to fix on your own.

  25. waylay
    September 3rd, 2010 @ 5:11 am

    Tom:

    Now that i had my morning Tea, let me add to the point i made earlier about India’s “indebtedness” to Britain. Gandhi et al were not against the western scientific progress and values of democracy. Had Britain not colonized India, the fruits of Industrial revolution would have anyhow reached India. Industrial revolution had its seed in England, i guess that means the whole world, not just India, is indebted to Britain. If you trace further back, the concept of zero went from India to the Arabs to the Europeans during the medieval times, with out which there would have been little modern scientific progress. I think trading with the Arabs was the best thing that ever happened to Europe (Hey Boob B., won’t you agree?).

    Moreover had India won its independence in 1920 or even 1900, one could argue that India could have become a great economy and a super power kinda like Japan. Instead we had a long drawn out peaceful non-violent resistance, that led to so much frustration that India right after the Independence, had knee jerk disgust towards capitalist economic principles of the British who had earlier exploited the country, and followed pure socialist path until the 1990s. The economic growth in this period was like 3 or 4 %. Only in the 1990s (During Bill Clinton’s time) did we awake from the colonist trauma and opened up our economy to the world, a lo hold, we have been growing by 7 to 8% since then, for less than two decades.

    It is interesting to note that according to some academic studies, the size of India’s economy under the Mughal Emperor (of much of India), Akbar the Great, in 1600 was bigger than the the economy of the entire British economy in 1800. Also to note that:

    “The impact of the British rule on India’s economy is a controversial topic. Leaders of the Indian independence movement, and left-nationalist economic historians have blamed colonial rule for the dismal state of India’s economy in its aftermath and that financial strength required for Industrial development in Europe was derived from the wealth taken from Colonies in Asia and Africa. At the same time right-wing historians have countered that India’s low economic performance was due to various sectors being in a state of growth and decline due to changes brought in by colonialism and a world that was moving towards industrialization and economic integration.”

    Indian leaders after Independence rejected British/western economic ideology but didn’t reject the values of democracy and the English language and such. And remember all freedom fighters and Indians in general supported and fought along side British in the two world wars. (In the first case, on the false promise of freedom which the Britain did not keep. In the second instance on moral grounds to stop the nazis and the fascists.) I would say the best thing that ever happened to Britain was Idnia and a guy like Gandhi who led a non-violent resistance. Wonder who is indebted to whom. Had India got freedom decades before, than we eventually got only after much of the entire world went into a hellhole after the ww2, we might have been equally indebted to the British as USA is indebted to the British or maybe like Japan is indebted to the western nations.

  26. waylay
    September 3rd, 2010 @ 1:11 am

    Tom:

    Now that i had my morning Tea, let me add to the point i made earlier about India’s “indebtedness” to Britain. Gandhi et al were not against the western scientific progress and values of democracy. Had Britain not colonized India, the fruits of Industrial revolution would have anyhow reached India. Industrial revolution had its seed in England, i guess that means the whole world, not just India, is indebted to Britain. If you trace further back, the concept of zero went from India to the Arabs to the Europeans during the medieval times, with out which there would have been little modern scientific progress. I think trading with the Arabs was the best thing that ever happened to Europe (Hey Boob B., won’t you agree?).

    Moreover had India won its independence in 1920 or even 1900, one could argue that India could have become a great economy and a super power kinda like Japan. Instead we had a long drawn out peaceful non-violent resistance, that led to so much frustration that India right after the Independence, had knee jerk disgust towards capitalist economic principles of the British who had earlier exploited the country, and followed pure socialist path until the 1990s. The economic growth in this period was like 3 or 4 %. Only in the 1990s (During Bill Clinton’s time) did we awake from the colonist trauma and opened up our economy to the world, a lo hold, we have been growing by 7 to 8% since then, for less than two decades.

    It is interesting to note that according to some academic studies, the size of India’s economy under the Mughal Emperor (of much of India), Akbar the Great, in 1600 was bigger than the the economy of the entire British economy in 1800. Also to note that:

    “The impact of the British rule on India’s economy is a controversial topic. Leaders of the Indian independence movement, and left-nationalist economic historians have blamed colonial rule for the dismal state of India’s economy in its aftermath and that financial strength required for Industrial development in Europe was derived from the wealth taken from Colonies in Asia and Africa. At the same time right-wing historians have countered that India’s low economic performance was due to various sectors being in a state of growth and decline due to changes brought in by colonialism and a world that was moving towards industrialization and economic integration.”

    Indian leaders after Independence rejected British/western economic ideology but didn’t reject the values of democracy and the English language and such. And remember all freedom fighters and Indians in general supported and fought along side British in the two world wars. (In the first case, on the false promise of freedom which the Britain did not keep. In the second instance on moral grounds to stop the nazis and the fascists.) I would say the best thing that ever happened to Britain was Idnia and a guy like Gandhi who led a non-violent resistance. Wonder who is indebted to whom. Had India got freedom decades before, than we eventually got only after much of the entire world went into a hellhole after the ww2, we might have been equally indebted to the British as USA is indebted to the British or maybe like Japan is indebted to the western nations.

  27. Roxeanne de Luca
    September 3rd, 2010 @ 5:14 am

    You can’t even give us honest numbers (PPP instead of nominal, quarterly instead of yearly) and you expect us to be awed by your pathetic attempt at analysis?

    True… if waylay were really the genius he proclaims to be, he could easily replicate my analysis with PPP instead of nominal GDP, then tell me how long it will take India, at the current growth rate, to catch up to a stagnant America. He can try to adjust PPP – which is highly dependent on the level of a nation’s development – as the nation grows and industrialises. He can try to adjust PPP over time, do a regression analysis for countries to get the adjustment right, plug it all into a formula, and come up with a time when India will have the same per-capita GDP as America.

    Or maybe waylay doesn’t want to do that because he can’t and it’s easier for him to mock me than to actually do something.

  28. Roxeanne de Luca
    September 3rd, 2010 @ 5:14 am

    You can’t even give us honest numbers (PPP instead of nominal, quarterly instead of yearly) and you expect us to be awed by your pathetic attempt at analysis?

    True… if waylay were really the genius he proclaims to be, he could easily replicate my analysis with PPP instead of nominal GDP, then tell me how long it will take India, at the current growth rate, to catch up to a stagnant America. He can try to adjust PPP – which is highly dependent on the level of a nation’s development – as the nation grows and industrialises. He can try to adjust PPP over time, do a regression analysis for countries to get the adjustment right, plug it all into a formula, and come up with a time when India will have the same per-capita GDP as America.

    Or maybe waylay doesn’t want to do that because he can’t and it’s easier for him to mock me than to actually do something.

  29. Roxeanne de Luca
    September 3rd, 2010 @ 1:14 am

    You can’t even give us honest numbers (PPP instead of nominal, quarterly instead of yearly) and you expect us to be awed by your pathetic attempt at analysis?

    True… if waylay were really the genius he proclaims to be, he could easily replicate my analysis with PPP instead of nominal GDP, then tell me how long it will take India, at the current growth rate, to catch up to a stagnant America. He can try to adjust PPP – which is highly dependent on the level of a nation’s development – as the nation grows and industrialises. He can try to adjust PPP over time, do a regression analysis for countries to get the adjustment right, plug it all into a formula, and come up with a time when India will have the same per-capita GDP as America.

    Or maybe waylay doesn’t want to do that because he can’t and it’s easier for him to mock me than to actually do something.

  30. waylay
    September 3rd, 2010 @ 5:27 am

    …go get laid and you’ll worry less about your dick. Either way, you have problems that you need to fix on your own.

    There she goes, projecting again. Now stop worrying about your boyfriend’s dick alright and look within. Maybe have some babies before you get too old for a good christian woman, and that might fix your problem.

    @Randy Rager

    What is it, cheap Chinese methamphetamine? I hear a lot of that makes it down your way since the Chinese trucking industry practically lives on the stuff.

    Don’t know about the Chinese but the per person intake of illegal drugs in India is about 1/100th that of in America.

    Be amazed.

    (Cigarette and alochol figures are comparable to the US consumption. Cigarette consumption in China is no way comparable though.)

  31. waylay
    September 3rd, 2010 @ 5:27 am

    …go get laid and you’ll worry less about your dick. Either way, you have problems that you need to fix on your own.

    There she goes, projecting again. Now stop worrying about your boyfriend’s dick alright and look within. Maybe have some babies before you get too old for a good christian woman, and that might fix your problem.

    @Randy Rager

    What is it, cheap Chinese methamphetamine? I hear a lot of that makes it down your way since the Chinese trucking industry practically lives on the stuff.

    Don’t know about the Chinese but the per person intake of illegal drugs in India is about 1/100th that of in America.

    Be amazed.

    (Cigarette and alochol figures are comparable to the US consumption. Cigarette consumption in China is no way comparable though.)

  32. waylay
    September 3rd, 2010 @ 1:27 am

    …go get laid and you’ll worry less about your dick. Either way, you have problems that you need to fix on your own.

    There she goes, projecting again. Now stop worrying about your boyfriend’s dick alright and look within. Maybe have some babies before you get too old for a good christian woman, and that might fix your problem.

    @Randy Rager

    What is it, cheap Chinese methamphetamine? I hear a lot of that makes it down your way since the Chinese trucking industry practically lives on the stuff.

    Don’t know about the Chinese but the per person intake of illegal drugs in India is about 1/100th that of in America.

    Be amazed.

    (Cigarette and alochol figures are comparable to the US consumption. Cigarette consumption in China is no way comparable though.)

  33. waylay
    September 3rd, 2010 @ 5:36 am

    Roxie complains:

    He can try to adjust PPP over time, do a regression analysis for countries to get the adjustment right, plug it all into a formula, and come up with a time when India will have the same per-capita GDP as America.

    I already gave an estimated figure of 2040-2045 in my comment upthread. Actually it takes more than a simple formula you learned in your high school, and better people than me and you had done the predictions and gave the figure i quoted. Go figure.

    http://www.usindiafriendship.net/viewpoints1/Indias_Rising_Growth_Potential.pdf

  34. waylay
    September 3rd, 2010 @ 5:36 am

    Roxie complains:

    He can try to adjust PPP over time, do a regression analysis for countries to get the adjustment right, plug it all into a formula, and come up with a time when India will have the same per-capita GDP as America.

    I already gave an estimated figure of 2040-2045 in my comment upthread. Actually it takes more than a simple formula you learned in your high school, and better people than me and you had done the predictions and gave the figure i quoted. Go figure.

    http://www.usindiafriendship.net/viewpoints1/Indias_Rising_Growth_Potential.pdf

  35. waylay
    September 3rd, 2010 @ 1:36 am

    Roxie complains:

    He can try to adjust PPP over time, do a regression analysis for countries to get the adjustment right, plug it all into a formula, and come up with a time when India will have the same per-capita GDP as America.

    I already gave an estimated figure of 2040-2045 in my comment upthread. Actually it takes more than a simple formula you learned in your high school, and better people than me and you had done the predictions and gave the figure i quoted. Go figure.

    http://www.usindiafriendship.net/viewpoints1/Indias_Rising_Growth_Potential.pdf

  36. Randy Rager
    September 3rd, 2010 @ 2:32 pm

    Meth addictions are so ugly.

    Get off of it now boy, or it’s going to destroy your life.

  37. Randy Rager
    September 3rd, 2010 @ 2:32 pm

    Meth addictions are so ugly.

    Get off of it now boy, or it’s going to destroy your life.

  38. Randy Rager
    September 3rd, 2010 @ 10:32 am

    Meth addictions are so ugly.

    Get off of it now boy, or it’s going to destroy your life.

  39. waylay
    September 3rd, 2010 @ 4:21 pm

    Speaking from experience, Randy?

    For the record, the only substance i’m addictedto is Tea. But then the positives of drinking Tea and Coffee seem to vastly outweigh the negatives according to this recent Dutch study.

  40. waylay
    September 3rd, 2010 @ 4:21 pm

    Speaking from experience, Randy?

    For the record, the only substance i’m addictedto is Tea. But then the positives of drinking Tea and Coffee seem to vastly outweigh the negatives according to this recent Dutch study.

  41. waylay
    September 3rd, 2010 @ 12:21 pm

    Speaking from experience, Randy?

    For the record, the only substance i’m addictedto is Tea. But then the positives of drinking Tea and Coffee seem to vastly outweigh the negatives according to this recent Dutch study.

  42. Randy Rager
    September 3rd, 2010 @ 4:34 pm

    I’ve seen friends go down that road. Not many came back. Don’t think you’re fooling anyone, claiming you’re not an addict. We can see the symptoms from here.

    Get help while you still can.

  43. Randy Rager
    September 3rd, 2010 @ 4:34 pm

    I’ve seen friends go down that road. Not many came back. Don’t think you’re fooling anyone, claiming you’re not an addict. We can see the symptoms from here.

    Get help while you still can.

  44. Randy Rager
    September 3rd, 2010 @ 12:34 pm

    I’ve seen friends go down that road. Not many came back. Don’t think you’re fooling anyone, claiming you’re not an addict. We can see the symptoms from here.

    Get help while you still can.

  45. Roxeanne de Luca
    September 3rd, 2010 @ 9:45 pm

    Actually it takes more than a simple formula you learned in your high school, and better people than me and you had done the predictions and gave the figure i quoted. Go figure.

    Well, it’s a good thing I learned graduate-level math (being an engineer and all), so why not start?

    As for “projecting”, babe, when I point out that you’re projecting, that isn’t me projecting. Get your own insults, at least, for heaven’s sake.

  46. Roxeanne de Luca
    September 3rd, 2010 @ 9:45 pm

    Actually it takes more than a simple formula you learned in your high school, and better people than me and you had done the predictions and gave the figure i quoted. Go figure.

    Well, it’s a good thing I learned graduate-level math (being an engineer and all), so why not start?

    As for “projecting”, babe, when I point out that you’re projecting, that isn’t me projecting. Get your own insults, at least, for heaven’s sake.

  47. Roxeanne de Luca
    September 3rd, 2010 @ 5:45 pm

    Actually it takes more than a simple formula you learned in your high school, and better people than me and you had done the predictions and gave the figure i quoted. Go figure.

    Well, it’s a good thing I learned graduate-level math (being an engineer and all), so why not start?

    As for “projecting”, babe, when I point out that you’re projecting, that isn’t me projecting. Get your own insults, at least, for heaven’s sake.

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    September 4th, 2010 @ 1:38 pm

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