AMA: the “What I Profess” edition

Dashboard "Bobble head" Jesus
Dashboard “Bobble head” Jesus

This is a confession of my beliefs on a variety of subjects, some fundamental and some derivative. It partly answers the question “who am I?” and goes some way in demonstrating that the matters I profess have coherence, consistency and structural integrity. I will first introduce them as a list and then expand on each item as needed. I will keep this preamble brief as I expect that I will learn much about myself in the writing of this personal piece. This  is a personal confession; expect liberal use of the first person pronoun. Continue reading “AMA: the “What I Profess” edition”

Happy Ganesh Chaturthi — the Chicago edition

IMG_0159Ganesh, the Lord of Beginnings, the Remover of Obstacles is without doubt the coolest of gods. He goes places. Here’s him in the home of Molly and Prashant and their children Ria and Joydeep in Chicago. I stopped here on my way from the East coast to San Jose.

Continue reading “Happy Ganesh Chaturthi — the Chicago edition”

Ask Me Anything — The Boston Edition

Greetings from Boston, MA. I arrived last evening from San Jose, CA to visit my friend Kanchan Banerjee and his family. The weather here was a shock — hot and humid — after the pleasant cool and dry of the SF Bay area. That wonderful weather spoils you something silly. Anyway, lots of stuff going on. What’s on your mind?

The Journey So Far, and What Lies Ahead

Always at the start
The Road Ahead

I arrived in the US on this day, August 15th, back in 1982 at JFK in New York, NY around 5 PM Eastern (Aug 16th, 5:30 AM IST.) Though it’s been many years, I still recall exactly how I felt. It was the best day of my life that far.

I had no idea of what lay ahead.

I came to the US to get a PhD in computer science at Rutgers. At that time I had not known that I was at heart an economist. In any event, I worked for Hewlett Packard for some years in the Silicon Valley, and then went back to school. Now, after 20 years of studying economics, just this past month I concluded that I finally understood the subject.
Continue reading “The Journey So Far, and What Lies Ahead”

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”

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?”

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”

My assessment of Modi government

I have been a long-time supporter of Shri Narendra Modi. But I am seriously disappointed at his performance as prime minister. Certainly he has done better than his predecessor, Sonia Maino. But she’s an Italian who really did not care for India. Doing better than Sonia Maino is no achievement. I expected better than this from Modi. I think Modi’s greatest achievement so far has been political. He disarmed the Maino mafia. But I fear that there are Maino moles in the Modi management team.

Anyway, here’s a piece I wrote for the New Indian Express where I claim that India is still on the same old policy path. It was published on June 14th. I reproduce the piece here, for the record. Continue reading “My assessment of Modi government”

“An Eye for an Eye” is Deterrence Against Violence

The concept of deterrence is the credible commitment to retaliation by one party to convince another party to not initiate force. If one party can convincingly persuade another party that any act of unprovoked violence will be met with equal or greater violence, that would constitute effective deterrence. The assumption is that both parties are rational. Here rational is defined as apprehending a situation accurately and acting in one’s own self-interest. Gandhi did not understand this simple idea, being blinded by his admiration of the Christian bilge about “turning the other cheek”.

Gayatri Jayaraman (‏@Gayatri__J) wrote this on twitter:

“an eye for an eye will leave the world blind” – Mahatma Gandhi. Why ahimsa is the only force that can win us our wars

Continue reading ““An Eye for an Eye” is Deterrence Against Violence”

Speaking of Freedom of Speech

“If the freedom of speech is taken away, then dumb and silent we may be led like sheep to the slaughter.” –George Washington

The importance of the freedom of speech is underestimated by most people.

George Washington stressed the instrumental role of the freedom of speech — as a defense against oppression. But freedom of speech, like the right to be left alone, is also something of value in and of itself, even if there was no possibility of being oppressed.

I wrote this piece for India Current (June 2016 issue). I reproduce it here, for the record. Continue reading “Speaking of Freedom of Speech”