This blog has been having a holiday because, well because it’s the holidays! But seriously, I am busy reading and writing. Reading stuff on a new Kindle. And on the web. Writing a bit on the side and thinking a lot. Here are a few pieces that I particularly liked. Continue reading →
Ronald Coase, the author of “The Nature of the Firm” (1937), turns 100 on December 29th, reports The Economist. Wow! If you have not heard about Coase — which is likely if you are not an economist — you have a treat waiting for you. Continue reading →
A wonderful side-effect of blogging is that readers help you with your education. Long-time readers know of my obsession with urbanization as an instrument of development. So whenever an article on the importance of cities and urbanization appears in the popular media, I get a dozen emails from people telling me about it. One such piece is the NY Times magazine Dec 17th piece “A Physicist Solves the City” by Jonah Lehrer about Geoffrey West. Thanks to all who send me stuff to read and I sincerely appreciate your help with my continued education. Urbanization and cities matter to me, and so does my education.
I have never met anyone who sincerely wishes other people harm. I believe this experience of mine must be common to all of us. We have never met anyone who wishes to vaporise others by lobbing a megaton nuclear weapon at them. Continue reading →
The other day a friend asked me, “I have often heard about India being a third-world country. What exactly is the third world?” It struck me that most of us are ignorant about what that exactly means. I said to my friend that “third world” was an euphemism for “desperately poor extremely underdeveloped starving nations utterly misgoverned by unimaginably corrupt kleptocrats.” And, I added, as a consequence, the third world is a world of human-created misery. Continue reading →
Jonathan Swift, author of the English classic Gulliver’s Travels (1726), had pithily observed that “when a true genius appears, you can know him by this sign: that all the dunces are in a confederacy against him.” I would be going over the top to pass Julian Assange on that genius test but seeing the army of powerful people and institutions arrayed against him, I am getting more convinced that Wikileaks has changed the world in ways that are only dimly understood today. I am careful to distinguish between the man and the institution since confusing the two can lead to the unfortunate mistake of shooting the messenger for delivering an unpalatable message. Continue reading →
This is exciting. Jeopardy is a favorite quiz show. Long-time reader of this blog, Raghuveer, will be on Jeopardy Dec 29th. Mark your calendars! (The last time I was in Washington DC in September, I met Raghuveer and his family.)