Independence Certainly but Not Freedom

Keep the same thing going
Continuity

It is an evident and obvious fact that India has failed to prosper. The cause of that failure is also obvious: the poor quality of its political and bureaucratic overlords. I use the word overlord advisedly because politicians and bureaucrats are not agents of the people — as they should be in a properly constructed government of a free people — but rather are rulers who position themselves above the people as commanders and dictators.

It is also easy to explain why the government is the overlord rather than the servant of the people. The reason is historical. The form, function, structure, objectives and power of the government were determined by the British during their colonial rule of India, starting in the mid-19th century. When it was no longer profitable for the British to continue to hold India as its colony, they transferred control of the British-created government to its favored minions, namely, Gandhi and his protégé Nehru. It is absolutely imperative to recognize that this transfer of power from the British to the Indians was a deliberate and voluntary act on both sides of the bargain.
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Democracy and the Economics of Politics

Lord Acton“Power tends to corrupt and absolute power corrupts absolutely. Great men are almost always bad men . . .”

The truth of Lord Acton’s observation gets confirmed with sickening regularity. Here I explore that point in the context of democracy. Why do democracies, particularly those with powerful governments, tend to elect bad people? What’s the analytical relationship between power, politics, money and corruption? Continue reading “Democracy and the Economics of Politics”

Which Countries Win the International Mathematical Olympiads

IMOI was asked on twitter how students of Indian origin do in the maths equivalent of the US spelling bee contests. (I had written a blog post on how students of Indian origin appear to have cornered the market on US spelling bee contests.)

I guess they do well in math too. I did a bit of searching on the web and here’s what I found.  Continue reading “Which Countries Win the International Mathematical Olympiads”

Kemal Ataturk’s Turkey is Cooked

mkataturk Now that the Islamization of Turkey is rapidly advancing under the Turkish president Recep Tayyip Erdoğan, there’s much grief, pain and suffering in store for that country. That’s what Islam does.

One man had tried to steer Turkey away from that fate: and had indeed succeeded to some extent. Mustafa Kemal Ataturk (1881 – 1938), a Turkish army officer and revolutionist statesman who was the founder and first President of the Republic of Turkey. He wanted Turkey to be a secular state, and naturally so since he was irreligious. But now Turkey is regressing into an Islamic state and will probably become a failed state in the decades ahead. That’s a real pity.

Here are a couple of quotes attributed to Kemal Ataturk. Source: Wikiquotes.

Continue reading “Kemal Ataturk’s Turkey is Cooked”

Wikileaks is upsetting the whole (rotten) apple cart

wikileaksWikileaks.org has set a cat among the pigeons. Or you may say it has upset the (rotten) apple cart with what it calls its “Hillary Leaks Series.” Follow the @wikileaks twitter account to get interesting bits. However if you are a real political junkie, you can search through the entire collection of “19,252 emails and 8,034 attachments from the top of the US Democratic National Committee.”
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The Wisdom of Lee Kuan Yew

LKYMr Lee Kuan Yew was a sage. Politicians are generally vile, myopic, self-serving, stupid, vacuous windbags. That Singapore had a Confucian sage for its first prime minister is amazing. Too bad Singapore is a small country. Imagine if LKY had been the first prime minister of India. India’s economy today would probably have been about 10 times that of China, instead of being 1/5th that it is today. Continue reading “The Wisdom of Lee Kuan Yew”

What is Success?

Alt text
Ralph Waldo Emerson

The good life has to be a happy life. I am much in favor of Bertrand Russell’s view on the good life: “The good life, as I conceive it, is a happy life. I do not mean that if you are good you will be happy – I mean that if you are happy you will be good.” The good life also has to be the successful life. But what is a successful life? The definition must vary from person to person. I like the simplicity of Ralph Waldo Emerson’s operational definition:  Continue reading “What is Success?”

Ask Me Anything — the Sparrow Edition

A sparrow drinking water
Summer drink

I like this picture I found on tumblr. There’s something satisfying about it. I think it has to do with what’s happening: the sparrow must feel contentment. (Hover over image.)

Anyhow, it’s time for this month’s AMA. What’s on your mind?

India’s Prosperity is Made in India

prosperity2 I am not a fan of the Modi government’s “Make in India” advertising drive. My view is certainly unpopular. I think that advertising cannot (and must not) replace real changes in policies that could make India attractive to domestic and foreign manufacturers. As it happens, the prevailing sentiment, even among many domestic manufacturers, is that India is really a very hard place to make things. Which partly explains why so much of what’s consumed in India is made in China. So trying to woo foreign manufacturers through advertising slogans is pointless.

I wrote this piece for the July edition of India Currents. Here it is, for the record. Continue reading “India’s Prosperity is Made in India”

Planning Works but not Always

Walter E Williams “Wealth comes from successful individual efforts to please one’s fellow man … that’s what competition is all about: “outpleasing” your competitors to win over the consumers.”
— Walter E Williams.

Part II.

I ended the previous bit of this essay with these questions: First, why is it that central planning appears to work in familial situations and in firms but not in economies? Second, does planning really work for firms and corporations? Finally, if it is indeed true that centralized planning does not work at the economy level, why do petty despots (like Nehru) go for it despite the ruin it causes?

I will address the first two questions here and the third question in the next part.

Let’s see why planning works in families. The parents are emotionally motivated to do what’s best for the family and are best placed to plan for the family simply because they care. They know the preferences of family members, know the means available, the tradeoffs involved, and so on. The information and computing power required to get to an approximate solution to meet the objectives are well within their cognitive capacity. Though not trivial, planning for a family is a manageable task.
Continue reading “Planning Works but not Always”