For a multi-faceted view of matters related to the Indian economy, I recommend the aptly named Indian Economy Blog. It is a group blog and the contributors are well-known and well worth reading. I am listed as a regular contributor but I am afraid that I have not contributed much regularly. I intend to rectify that error shortly.
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Continue reading “The Indian Economy Blog”
A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largess of the public treasury. From that time on the majority always votes for the candidates promising the most benefits from the public treasury, with the results that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world’s great civilizations has been 200 years. These nations have progressed through this sequence: from bondage to spiritual faith; from spiritual faith to great courage; from courage to liberty; from liberty to abundance; from abundance to selfishness; from selfishness to complacency; from complacency to apathy; from apathy to dependency; from dependency back again to bondage.
Sir Alex Fraser Tytler (1742-1813), Scottish jurist and historian, professor of Universal History at Edinburgh University.
Along the lines of my earlier post on new political parties, here is another item from the news related to Indian politics regarding an NRI member of the Indian parliament from the Toronto Star. (Hat tip: Reuben Abraham.)
The man, Madhu Yaskhi, moonlights as an MP for the Congress Party and his day job is being an immigration lawyer in Manhattan.
Continue reading “An NRI MP from Andhra Pradesh”
Since moving from the Movabletype platform to the WordPress platform, posts prior to the reform appear all misshapen and ugly. I am fixing then as time and mood permits. Recently worked on a post from over two years ago called India’s Wonderful Reforms. Nothing much appears to have changed.
Continue reading “A Slow Sort of Country”
In a comment to the post on political parties launched by entrepreneurs, “Seven Times Six” wrote:
I don’t think renunciation and self-sacrifice is necessary for a nation to prosper. What is required is the exact opposite — a strong avarice and ambition to promote one’s well-being.
Continue reading “The Lights to Navigate By”
Seems like the geeks are diversifying from being entrepreneurs in high tech to being entrepreneurs in politics. They are forming political parties. Aditya Pancholi alerted me to “PARITRANA, the Political party for the Bharat of 21st century” started by a group of very young professionals who share the common background of having gone to IITs. Continue reading “The New Startups: Political Parties”
If you are reading this site using IE (Intentionally Evil Internet Explorer), you would find this blog badly formatted. May I suggest using Firefox? For whatever the content is worth, at least the form would be more attactive than with IE.
At the risk of being branded a Luddite, I maintain that the world wide web is the single most distracting thing ever invented by humans. The internet is immensely useful for practical matters of course but aside from its utilitarian functions, it is also capable of providing a device for pure play. It can be, in the hands of an appropriately interested and educated human, a virtually (sic) inexhaustible source of joy, the intellectual equivalent of Kubla Khan’s “miracle of rare device, a sunny pleasure dome with caves of ice.” Continue reading “A Sunny Pleasure Dome with Caves of Ice”
Among the contemporary economists I greatly admire, Paul Krugman and Jeffrey Sachs appear at the top. Much of what I know of international trade, I learnt from Krugman and Obstfeld’s book on the subject. I admire Sachs for the work he is doing in focusing attention on the problems of underdeveloped parts of the world. So it is a definitely edifying experience to hear Krugman and Sachs on Radio Economics, a podcast site produced by Dr. James Reese, an economics professor at the University of South Carolina Upstate. Continue reading “Radio Economics: A Podcast of Economists”
Atanu Dey : Life is a Random Draw 