In recognition of the fourth anniversary of the US government’s response to covid, a Mises Apprentice shares their experience as a student during this tumultuous time, highlighting five dates they will never forget.

In 1991, when the Indian economy was on the brink, Narasimha Rao called upon the eminent economist Dr. Manmohan Singh. What followed is well-documented: the transformation of a $300 billion economy into a $3.5 trillion economy in just three decades. This marked India’s departure from the Nehruvian model of socialist economics and its embrace of the open market system. However, it remains debatable whether India has fully embraced capitalism or still retains socialist elements.