Month: April 2012

My colleague Rajesh Jain was a speaker at the the Eight Annual India Business Conference 2012 at Columbia University on 14th April in New York City. It was held at the Low Library, a US national historic landmark building (picture on the right.) I was at the conference and had the opportunity to meet Prof Jagadish Bhagwati and Prof Arvind Panagariya. I am pleased to say that Rajesh’s talk was very well-received. Here’s what he said.
Continue reading “Rajesh Jain at the India Business Conference at Columbia University”

If you have been reading my blog, what Justice Katju said recently will not come as a surprise to you. “India is a nation of more than one billion fools.” Go read it. I will later put in links to those specific blog posts which make the same points that Mr Katju makes.

I supported Narendra Modi in the 2012 Time 100 Poll. May I request you to support Mr Modi? Thank you.

Andrew Carnegie wrote his own epitaph which read, “Here Lies a Man Who Knew How to Enlist in His Service Better Men Than Himself.” He was a captain of American industry and his wealth is “estimated at anywhere from US$75 billion to US$297.8 billion adjusted for the late 2000s.” [Reference.] Clearly the man was no slouch when it came to creating wealth and his epitaph reveals an essential truth about the world — that specialization matters.
Continue reading “Specialization – Part 2”

A world-class sumo wrestler cannot possibly be even an average runner, leave alone being a world-class sprinter. The general principle is that there are endeavors where excelling in one necessarily makes it impossible to excel in others. You can be a successful politician in India, or you can be a visionary. But in India, you cannot expect a visionary to be a successful politician any more than you would expect a sumo wrestler to be a sprinter.
Continue reading “Specialization”