Your turn to say what you will in the comments. You need to be registered to comment but fortunately now you can register yourself within a few seconds.
And here’s a poll. Just for the heck of it.
Month: January 2009
Dilli Chalo
I am off to Delhi for a few days. I hope Jet Airways — the same airline that ferried me back and forth to San Francisco just a few weeks ago — gets me there from Pune uneventfully tomorrow afternoon. I am attending the 19th Skoch Summit in Delhi on 22nd and 23rd. Then I will spend the weekend with friends in Delhi and return on Republic Day, perhaps after attending the republic day parade.
I am excited about this visit to Delhi. As you know, politicians are my favorites and the best of them live in Delhi. Who knows, I may bump into the prime minister. Just kidding. Can’t bump into insubstantial things. But seriously, it’s been a while since I was there. The last time I was with a delegation from Australia. They were an absolutely wonderful group, led by Prof Andrew MacIntyre, Dean of the College of Asia and the Pacific, Director of Crawford School of Economics and Government at the Australian National University, whom I am privileged to call a friend.
See you in Delhi.
ICT, Choice and Democracy 2.0 — Part 2
Institutions as Ideas
Institutions defined most generally are essentially ideas. They are big ideas, ideas that are persistent and which have a profound effect on the populations that evolve, and adopt, the ideas. Examples of powerful institutions – therefore powerful ideas – are easy to find: markets, state constitutions, legal systems, systems of governance, and so on. The institution called democracy is also an idea. The instantiation of an idea — its embodiment or implementation or incarnation – varies from place to place, and from time to time. How an institution is implemented depends on, among other things, preferences of the population and on the available technology. As tastes and technologies change, institutions can be implemented differently, and generally they are more efficiently implemented as time goes by.
Continue reading “ICT, Choice and Democracy 2.0 — Part 2”
Poll: Have you studied economics formally?
Incentives for Better Policies
This year, 2009 CE, marks the 200th birth anniversary of Charles Darwin (1809 – 1882), and the 150th anniversary of the publication of his book, On the Origin of Species by Means of Natural Selection, or The Preservation of Favoured Races in the Struggle for Life (1859). Contrary to what one may suppose, the phrase “survival of the fittest” does not occur in that book. It was Herbert Spencer (1820 -1903), who coined it in his book Principles of Biology, (1864).[1]
Spencer warned that “the ultimate result of shielding men from the effects of folly is to fill the world with fools.” That observation holds with special force in the context of the misgovernment of India. If the policy makers (the bureaucrats and politicians) are shielded from the ill-effects of their policies, they have little incentive to act prudently. Eventually, as the stock of bad policies keep building up, the country ends up in ruin. We have to remember that in the main, the success or failure of an economy is solely determined by the quality of its public policies.
Continue reading “Incentives for Better Policies”
Mera Naam Raju
Worth recalling from that Hindi song:
kaviraj kahey
na yeh taaj rahey
na yeh raaj rahey
na yeh raaj gharanapreet aur preet kay geet rahey
kabhi loot saka na koi yeh khajanamera naam raju
gharana aanaam
behti hai ganga jahan mera dhaam
Sung by the incomparable Mukesh. Pity that it can’t be translated from the Hindi.
MCP Sighting
An Air India ad: “If you fly with us, your wife flies free.”
Seen today on a huge billboard on the road from Pune to Mumbai. The generous explanation is that Air India perhaps does not know that everyone does not have a wife; some people actually have husbands. But perhaps Air India is staffed by male chauvinist pigs, just like the rest of Indian society.
{Earlier I typed “fee” instead of “free.” Sorry for the typo.}
Rockefeller Foundation: The Century of the City
One in every ten people lived in urban areas a century ago. Now, for the first time ever, most people live in cities. By 2050, the United Nations projects, almost three-quarters of the world’s population will call urban areas home. The majority of this growth is centered in struggling, developing countries of the Global South, but cities in developed (or Global North) countries face increasingly complex challenges as well.
Around the world, unplanned urban expansion is multiplying slums, overburdening housing, transportation and infrastructure systems, stifling economic growth, and leaving millions vulnerable to new environmental and health threats.
To help manage and plan for this accelerating urbanization, the Rockefeller Foundation convened an exceptional group of urbanists–leading policy makers and government officials, finance experts, urban researchers, members of civil society organizations, and other innovators–for a Global Urban Summit at the Rockefeller Foundation Bellagio Center. This book shares their diverse perspectives, creative approaches, and urgent agenda for harnessing the vast opportunities of urbanization for a better world.
Draft Arun Shourie?
Gaurav Srivastava wants Shri Arun Shourie to be the BJP’s candidate for prime minister. He believes that the core constituency of BJP — the urban middle-class voters — are not particularly impressed with Shri Advani.
It would be good if Shourie were the PM. The man is smart, courageous, ethical, and has the national interest at heart. Which is more than you can say about Shri Manmohan Singh. I wish India had good political leadership but if wishes were horses . . .
ICT, Choice and Democracy 2.0
Upstream and Downstream Choices
It is fairly well understood that information and communications technologies (ICT) tools expand choice. We all have access to a very large set of information and have the freedom to choose what we want to read, watch, listen to, etc., etc. ICT expands our “downstream” choice. What is not as well understood is that it expands our “upstream” choice also. It is a two-way medium, unlike say broadcast and print media which only allows us downstream choice: using ICT we send back information indicating our choice and thus guiding what comes downstream.
In other words, ICT expands the menu of options we have and also gives us the ability to change that menu. Options that are not exercised fall off the menu and this leads to more efficient outcomes since resources are not wasted on things that people don’t value. All this is trivially true and one can be guilty of stating the obvious except for the fact that we have yet to make full use of the power of upstream choice that ICT affords in scores of areas which would make economic and political freedom more meaningful.
Continue reading “ICT, Choice and Democracy 2.0”
Atanu Dey : Life is a Random Draw 