Political Economic Digest #8 On Limited Government

In this series, we’ll be discussing about the concept of limited government and why it is needed for the development  of  an  economy.

First reading for these series is an introduction to limited government, excerpted from Samriddhi, The Prosperity Foundation’s pocket book on facilitating role of the government.

Second reading for the series is the Nepali translation of Ayn Rand’s article “Nature of the government”. In this article, the author has explained the nature of government and its origin along with the reasons why its roles and powers should be limited.

Third is, a video of the Nobel Laureate economist Milton Friedman arguing for limited government. The video can be found at the following link: http://video.google.com/videoplay?docid=6813529239937418232#

There  is  an  article  about  privatization  process  of  Nepal.  The  author  has  outlined  the  history  of privatization around the world and the scenario of Nepal. The author has explained why the state owned enterprises like Nepal Oil Corporation, Janakpur Cigarette Factory perform so poorly.

Read more in the uploaded file.

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