Opening lines

Here are the opening lines of four books that are important. For each, I have provided a link for a free download of the book.


How selfish soever man may be supposed, there are evidently some principles in his nature, which interest him in the fortune of others, and render their happiness necessary to him, though he derives nothing from it except the pleasure of seeing it. Of this kind is pity or compassion, the emotion which we feel for the misery of others, when we either see it, or are made to conceive it in a very lively manner. That we often derive sorrow from the sorrow of others, is a matter of fact too obvious to require any instances to prove it; for this sentiment, like all the other original passions of human nature, is by no means confined to the virtuous and humane, though they perhaps may feel it with the most exquisite sensibility. The greatest ruffian, the most hardened violator of the laws of society, is not altogether without it.

The Theory of Moral Sentiments by Adam Smith 1759 Continue reading “Opening lines”

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”