Liberals often claim that democracy is absolute necessity for a civilized society and that there can be no other means for an orderly society to sustain its existence. Obviously, liberalism is not about anarchy as for a liberal, state is an absolute necessity. However, liberalism is an esoteric idea and it would be difficult to understand the limits of a liberal to which he will allow government to control his life. Recently, I was confronted by an Indian liberal who first claimed that he is a pro-free market liberal capitalist and he considers that government is an absolute necessity and it isn’t a necessary evil. In his enthusiasm to support government and its existence, he almost forgot his claim about being a pro-free market capitalist and started claiming that bailouts are a good way to stimulate failing economy. Obviously, he doesn’t despise government interventionism in free market. To spread his esoteric knowledge, he further expressed his firm support for fiat currency and central government and claimed that fiat currency is way better than gold standard or competitive currencies. I refuted his esoteric ideas with exoteric evidences yet he denied to accept the logic behind free market. His next move was …Read the Rest