Author: Atanu Dey

Economist.

Gandhi – The Economics Retard

Modi

On social media Prime Minister Modi made these remarks on the anniversary of Mohandas K. Gandhi’s birth. Roughly translated from Hindi, he wrote in part:

“Oct 2nd is a sacred day. On this day we have to remember two of Mother India’s sons: Mahatma Gandhi and Lal Bahadur Shastri. Revered Bapu’s thoughts and ideals are important today, even more than before. If we had understood and adopted the spirit of Mahatma Gandhi’s economic thoughts, if we had taken that path, then we would not have needed the Atmanirbhar Bharat Abhiyan today. Gandhiji’s economic ideas were informed by a detailed knowledge and understanding of India. Bapu’s life reminds us to make sure that every action of ours benefits the poorest of the poor.”

Politician

We have to admit that Gandhi’s understanding of Indians was second to none. It could not have been otherwise because successful politicians have to know their constituents. Gandhi was arguably the most successful Indian politician, which he could not have been if he had not accurately read the Indian mind. He wasn’t very intelligent, knowledgeable, widely read or broadly educated. But intelligence, knowledge and education are not requirements for being a successful politician; in fact they may be serious handicaps. What is required to succeed in politics is shrewdness, cunning, self-assurance, guile, the ability to project virtue, talk the big talk, pander, scheme, conceal hypocrisy, charm the public, conceal the truth, fake it, divert attention and other such talents. Continue reading “Gandhi – The Economics Retard”

Gandhi – The Sexual Pervert

Hagiography

When I consider Gandhi the man as I know of him from readily available published sources, I am led to the conviction that he must have been a tortured soul. As a kind-hearted human, I am moved more to pity mixed with revulsion at who he was than I am to condemnation and hatred of the man. But at the same time, I cannot excuse neither his actions nor ignore their terrible consequences. Whether he intended the horrors he perpetrated on a vast scale or not, what he did eventually resulted in immense horrors. I am convinced that he is the most evil man in human history, bar none.


I have no training in abnormal psychology. The only training I claim is in economics, a much popularly misunderstood discipline (a state of affairs the blame for which rests on economists alone.) The disclaimer is that it is quite possible that I don’t know what I am talking about here. But I leave it to you, gentle reader, to decide that. This is a blog post, not a paper submitted to a peer reviewed scientific journal. As we say in the US, you gets what you pays for. Continue reading “Gandhi – The Sexual Pervert”

Mohandas K. Gandhi – The Saint of India

Gandhi’s role in India’s independence

MK “Mahatma” Gandhi’s birthday is one of only three national holidays in India (the other two being Republic Day and Independence Day.)[1] Indians are taught that it was Gandhi’s non-violent non-cooperation movement that led to India’s gaining freedom from the British empire. There, in that one sentence, you get two blatant falsehoods for the price of one.

First, the British gave up their Indian colony not because of Gandhi but because it was no longer profitable to hold on to India, and on top of that colonialism was losing its appeal among the European powers following the Second World War. Clement Atlee, in response to a question about the role of Gandhi in India’s independence, replied, “Mi-ni-mal.” It is likely that Subash Bose was the real instrument of India’s independence from the British.[2] Continue reading “Mohandas K. Gandhi – The Saint of India”

AMA — October Edition

So what’s on your mind? Here are a few random pictures for your entertainment. The relative frequency of English words used:

Continue reading “AMA — October Edition”

Eta Carinae

https://xkcd.com/2360/

The universe is amazing. The more you learn about it, the more you realize how absolutely, unbelieveably amazing it is. A related amazing thing is that these days you can learn about the universe from the comfort of your living room or study.

This may seem unrelated to what has been a major focus of this blog recently but actually it is related. I will point out the connection later. For now, let’s talk about Eta Carinae, which xkcd notes (click on the image above) is a luminous blue hypergiant with anomalous FeII emission spectra. Continue reading “Eta Carinae”

From the Archives: US Elections are a Sideshow

Kabuki

The dictionary definition of a sideshow is “a minor show offered in addition to a main exhibition (as of a circus); an incidental diversion or spectacle.” I think all elections are sideshows. I used to consider them as mostly innocuous but I have been persuaded that they are actually a significant part of the pernicious scheme that enslaves people.

Elections are used to maintain the illusion that the people are in charge of their lives, that they are involved in their government and therefore the government they elect is legitimate, and consequently whatever the government does is also legitimate. Democracy is a big fat lie that the people have been brainwashed into swallowing. This will naturally stick in the craw of many of my readers (the majority of whom are Indians.)

I wrote the following piece in Oct 2012, just before the US presidential election. Much of what I wrote holds true in this US presidential election season. Please note that the trade figures mentioned in the following must have changed over time. Continue reading “From the Archives: US Elections are a Sideshow”

Anatomy of the State

Murray Rothbard (1926-1995) — Austrian school American economist, economic historian and political theorist — was committed to individual liberty. He was dedicated to analysing the nature of the state and why it is always an enemy of freedom. His book Anatomy of the State (free download at Mises.org) is a must-read for anyone interested in understanding how the state functions and why. About the book:

[It] gives a succinct account of Rothbard’s view of the state. Following Franz Oppenheimer and Albert Jay Nock, Rothbard regards the state as a predatory entity. It does not produce anything but rather steals resources from those engaged in production. … How can an organization of this type sustain itself? It must engage in propaganda to induce popular support for its policies. …

Continue reading “Anatomy of the State”

This Policy, Alone – Part 5

Centrifuges

There’s something peculiar about the world today that was not true about the world of the past. It’s this: the world of today is about ideas whereas the world of the past before the recent 500 years or so was a world that was about objects. Ideas, and not objects, characterize today’s world. This distinction between ideas and objects lies at the core of the argument of why freeing education from the clutches of the government of India is central to India reaching its potential. Continue reading “This Policy, Alone – Part 5”

Victor Davis Hanson on Immigration

Victor Davis Hanson of the Hoover Institution is one of my favorites. Historian and classicist, he helps make sense of the world. Here’s an audio extract from one of his videos. The video is around 24 minutes long; the excerpt is half as long. In it he addresses the question of why people migrate to the West and not from the West.

As I am an immigrant, I can relate to the topic. After I got to the US, I began to understand that countries differ significantly in what they have to offer. The US is obviously more prosperous than India. At first I did not know nor did I particularly care why the US was so rich. But soon enough the matter intrigued me. Why was India so poor in comparison to the US? Continue reading “Victor Davis Hanson on Immigration”

This Policy, Alone – Part 4

In this essay I aim to argue that if the education sector is totally deregulated and the free market is allowed to operate in it, then it will bring about a transformation that will enable the Indian economy to reach its potential by liberating the human capital that is the limiting factor now.

(Previously Part 1, Part 2, Part 3.)

For the moment I will leave the matter of why liberalization of education will transform the sector and how the free market will meet the obvious challenges. For now, I will address the point about why the government will not allow the liberalization of education regardless of how urgently necessary that may be or how unimaginably beneficial it could be for the country. Continue reading “This Policy, Alone – Part 4”