The fortnightly journal titled Indian Libertarian was founded in 1954 by Indian liberal, Ranchhoddas Bhuvan Lotwala, and edited by his daughter Kusum R Lotwala. The second October ‘58 edition was published amid the time of the confusion between secularism and appeasement. M.A. Venkata Rao in, “Economic Philosophy,” focused on the crisis in the five-year plans and the socialist ideology imbibed as the reason for India’s economic destruction. In order to understand the nations who equated democracies with the communists that fragmented into its expansion, later on, is something M.N. Tholal emphasized in, “Defence of Brinkmanship.” H.M Pai in, “Keynes and free economy,” highlighted the approaches Keynes regarded as unnecessary in the aspect of socialization of income yielding. The article titled, “Population Problem and Food Supply In India,” highlighted the measures needed for curbing the problem. The following article titled, “India saved from National Bankruptcy but the same misguided policy-makers will lead her into the same trouble again,” highlighted the relief provided to India for its exchange crisis. The issue covered an extract of Mr. Dr. Ralph Borsodi lecture series themed on, “Libertarian vs Socialist economy and highlighted the importance of freedom in the field of economics in, “An American Libertarian on India,” This edition also covered several op-eds, that focused on various topics as the expansion the Pakistani Navy wanted to impose on, the sudden split in the Burmese ruling party, and the establishment of the world order. And further went on to capture important news headlines covering both nation and worldly stands. Lastly, it concluded with book reviews covering the issue of Babaism.