The Panchatantra — Textbook of Niti

The following is an extended edited excerpt from Arthur Ryder’s introduction to his translation of the Panchatantra. What’s the book about? Ryder begins his introduction with:

“The Panchatantra contains the most widely known stories in the world. If it were further declared that the Panchatantra is the best collection of stories in the world, the assertion could hardly be disproved, and would probably command the assent of those possessing the knowledge for a judgment.”

The editing consists of removing quotations from the main text. Even if you don’t get around to reading the translation, you must read the introduction in full. And if you don’t want to do that either, you must read this shorter version.  Continue reading “The Panchatantra — Textbook of Niti”

Thomas Schelling (April 14, 1921 – December 13, 2016) RIP

schellingthomas-cCelebrated economist Thomas Schelling died today at the age of 95. He was the recipient of the 2005 Nobel Memorial Prize in Economic Sciences for “having enhanced our understanding of conflict and cooperation through game-theory analysis”. I note his passing because he was instrumental in my recognizing that I belonged to his tribe — that I was at heart an economist. Mere accident led me to pick up his book Micromotives and Macrobehavior (1978) at the Sunnyvale Public Library sometime back in the early 1990s. He received his bachelors degree in economics in 1944 from UC Berkeley, my alma mater.  Continue reading “Thomas Schelling (April 14, 1921 – December 13, 2016) RIP”

Indian court orders “compulsory license” of Bayer’s cancer drug

This opens up an interesting can of worms. But first, here are some excerpts from the Huffington Post article “India Cancer Ruling Opens Door For Cheaper Drugs”:
Continue reading “Indian court orders “compulsory license” of Bayer’s cancer drug”

Books about the Current State of the Indian Economy

Click on image above for more on the book at Amazon.
In a comment to a blog post, “Stupidity at the Core of Human Misery,” Eric asked about books that explore the current state of the Indian economy. Here’s what I feel about the popular literature on India’s economy.
Continue reading “Books about the Current State of the Indian Economy”

Links are good: David Weinberger

You never thought of the web reflecting the morality that permeates human behavior, did you? I did not. I just read a fine article on the topic. The article title by David Weinberger, “The Morality of Links“, is a tad disturbing to me because it smacks of anthropomorphism but the article is a delight to read. The article is from a collection in the book, “The Hyperlinked Society: Questioning Connections in the Digital Age“, Joseph Turow and Lokman Tsui, editors.

Weinberger starts off with the simple declaration “Links are good” and then goes deep into what makes us human. Here are a few excerpts, for the record.
Continue reading “Links are good: David Weinberger”