DIY BS Detection Meter

In a comment, Akshar asked, "As a lay person one of the question I have always had in my mind about economics is that how exactly should I separate good opinion from bullshit vending. …  If as a layman I can’t tell the difference between informed opinion on economics v/s Bullshit why should I take Mr. Atanu … Continue reading DIY BS Detection Meter

Prospects for Indian Development Models – Part 1

Economic development of nations is a vast topic that people are unlikely to reach a consensus on ever. It lies beyond what's even theoretically feasible. It's a big enough elephant that defies easy characterization, and the best we can hope for is that the necessarily partial views are not obviously wrong. Economists have debated the … Continue reading Prospects for Indian Development Models – Part 1

Prospects for Indian Development Models – Prelude

Prelude The title of this post is borrowed from a YouTube video. Shri Rajiv Malhotra interviewed Shri S. Gurumurthy recently and the first two of a three-part series have been published on YouTube here and here. I confess to great trepidation in addressing myself to the matters that the two discussed, not because I am not confident … Continue reading Prospects for Indian Development Models – Prelude

Guess who said this

OK, here's something interesting. Who said the following: It's a rare person who can achieve a major goal in life and not almost immediately start feeling sad, empty, and a little lost. If you look at the record - which in this case means newspapers, magazines, and TV news — you'll see that an awful … Continue reading Guess who said this

What’s a good health-care system?

There's little doubt that the US health care system is not good. The US health care costs are around 20 percent of GDP, or $10,000 per capita per year. That's unreasonably high compared to other developed nations. There are many reasons for this but the primary reason, as I see it, is the tacit collusion … Continue reading What’s a good health-care system?