Day: June 12, 2008

The First Amendment

Mera America Mahan

Every time I see the painted slogan “Mera Bharat Mahan” on the rear bumpers of trucks, it gives me a jolt. The jolt is a mixture of incredulity, pride, cynicism and hope. Pride in my motherland forces a desperate hope that it is true while my innate cynicism dismisses the idea that India is great as incredible.

For many years I have wondered whether there was something that could make India great. Was there a single thing — a policy, a principle, an action, an accident, anything — that could guide India’s path to whatever greatness is potential in it? What if I compared India to other nations, both successful and failed — will I be able to discern that one single thing? I think I am slowly coming around to the viewpoint that there is such a thing that could be the candidate instrument I have been looking for. I think the US has it and India does not.
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Some thoughts on the Price of Oil — Part 1

One of the main questions occupying the public mind appears to be related to the price of oil. Since economics informs that, and related questions, I think it would be appropriate to reason economically (so to speak) about the matter. Will the unprecedented high price of oil become a permanent feature of the world or is it just a passing phenomenon, a bubble that is bound to burst? What’s the appropriate price of oil? Is the high price of oil a good thing, and if so, for whom?

As this is just a blog post and not a deep analysis meant for a peer-reviewed journal, I will be informal. That CYA disclaimer out of the way, let’s begin at the beginning.
Continue reading “Some thoughts on the Price of Oil — Part 1”

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