I was published by the Mises Institute with an article titled “The Polluting State.”
In this article, I examine how India’s state-owned industries create vast environmental damage while escaping the discipline of property rights, prices, and accountability. Using Delhi’s coal-fired power plants, the railways, nationalized coal companies, and other public enterprises, I trace how one subsidized and inefficient institution transfers its costs to another.
The result is not merely financial waste. Coal dust, ash, unreliable transport, spoiled goods, excessive fuel consumption, and neglected infrastructure spread throughout the economy. I argue that environmental responsibility requires private property, meaningful prices, and profit-based enterprises that must bear the consequences of their decisions.
