Historically, famine was thought to be a disaster of nature, damaging human creation. All we could do was weather the storm. Famine was seen as a dramatic decline in food supply. This conception is called Food Availability Decline (henceforth: FAD).[1] In the last century, this conception has changed. With the examination of communist China and …
Read more “Institutions and Famine in Communist China and Postcolonial India”
The Chinese Famine, despite much research and study, still confuses many. For two decades, the Chinese state covered it up.[1] Even now, researchers must rely on state data.[2] In response to the difficulty of finding trustworthy statistics, many researchers aim to adjust statistics, using a toolset of comparative stats and other factors, while others turn …
The state should not control the means of production due to the innovation and efficiency that arises from private ownership (Shleifer, 1998:135), the necessity for non-regulated prices creating proper indicatators (Friedman & Friedman, 1980:14) and the dangers of central planning (Hayek, 2007:124). People are more likely to work hard if they are given proper incentives. …
Despite being seen as having two vastly different ideologies, the USA and USSR possessed many overarching similarities. These similarities can be seen in their universal and progressive nature and how both sides saw their cause as inevitably victorious. Both sides also found commonality in their 1920-30s economic crises, their alliance during WW2 and the common …