ERC Vision Statement

The Liberal vision is that of a broadly based social prosperity generated by a market economy and free enterprise; and of a community of individuals with equal human dignity and personal freedom, living in a democracy under the rule of law.

The ERC is dedicated to the fostering of this vision, by spreading liberal economic ideas through public lectures, student outreach, and print and online publications.

ERC Background:

The ‘Economics Research Centre’ a think tank, was founded in 1967 by noted economist Prof BR Shenoy (1905-1978), to support academic and public outreach writings, on economics.

The ERC was revived in 2012 by his well-wishers, with a base now in Mangalore, and with a new mission as an ‘Economics Re-education Centre’, among students and the informed public, by showing how liberal economic principles are relevant to current problems. The ERC welcomes the participation of like-minded thinkers in spreading ideas for a market economy that is competitive and innovative, a society with equal opportunity, and a state delivering good governance.

For more on ERC click here Economics Research Centre

For further details on B R S click here

Park Geun-hye
In human life, economics precedes politics or culture

Park Geun-hye

C Rajagopalachari
Freedom should be the rule and control the exception.

- C Rajagopalachari

Friedrich Hayek
Our faith in freedom does not rest on the foreseeable results in particular circumstances but on the belief that it will, on balance, release more forces for the good than for the bad

- Friedrich Hayek

Jonathan Sacks
Those who believe that liberal democracy and the free market can be defended by the force of law and regulation alone, without an internalised sense of duty and morality, are tragically mistaken.

- Jonathan Sacks

Minoo Masani
The liberal is a modernist. He is an advocate of change

- Minoo Masani

Minoo Masani
To try to cure unemployment by inflation rather than by adjustment of specific wage-rates is like trying to adjust the piano to the stool rather than the stool to the piano.

― Henry Hazlitt