The High Cost of Living

Burundi comes before Canada lexicographically but Canada leads in all measures of human welfare one could care to compare the two on. I am endlessly fascinated by the contrast between different parts of the world. How on earth did humans end up occupying such widely separated ends of the spectrum of economic development?
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Terrorism — The Way Out

Unsurprisingly, Islamic terrorism struck once again. Just three days ago in Varanasi about two dozen innocent Hindus were bombed out of existence and around a 100 wounded. Indians being the victims of Islamic terrorism has become routine and mundane – barely three days after the incident, the major news web portals such as rediff and Indiatimes don’t even mention it on their front page. A few dozens killed? No problem, there are more where they came from. “Just maintain peace and calm, and go about your business as usual,” say the political leaders of the country. Yes, sir, terrorists killing Indians is business as usual.
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On the Handling of Books

From Keith Hudson to “Daily Wisdom” subscribers:

“As I promised myself last week, I am pensioning-off Milsted’s Dictionary of Regrettable Quotations and have bought myself the Oxford Dictionary of Humorous Quotations with a jester’s hat on the dustcover for Saturday’s random dip. The book is still so new and the binding so tight that the random page 121 (subject “Fashion”) threatens to snap shut like a mousetrap unless I place a Reebok trainer upon it to hold it open while I type from it. … ”

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To: Keith Hudson

Keith,

Thanks for the daily wisdom. You are really very wise and the way you express that wisdom is a joy to read.

One question connected with today’s words: did you actually use a shoe to keep the book open?

Regards,
Atanu

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Funding Jehadis — Part 3

Some time ago, I had lamented India’s funding of Pakistani jehadi groups and then posted a followup to that. In a comment to the former post, Tanveer wrote a comment:

Atanu: You are a Phd in economics, I am sure you know enough how the world works. There isnt always a meaningful reasoning to everything more so in the world of politics. BY your logic since India itself spends so much on nuclear weapons it has no right to recieve any kind of aid. And since the US spends more on military than the rest of the world put together it has no right to talk of peace. Yet it also funds the UN and then bypasses it when it suits her. No country that spends on military should have recieved any aid during the devestating tsunami. But thats not the way the world works. As for your comments on muslim invaders you should remember “An eye for an eye leaves the whole world blind” Also, if we are so concerned about our past we should shut down the british high commission . At least till the british arrived india was still the richest country. Just by changing the name of the missile doesnt change its character. Be it Prithvi or ghauri they’ll still kill an equal number of people.

One really does not have to have a PhD in economics to know how the world works. Anyone past puberty and of average intelligence is equipped to figure out how the world works given a bit of pondering. The basic principle upon which the whole argument hinges I stated in the first line of the post: Money is fungible.

There are limited resources available to any entity, be they an individual or a nation state. It is a matter of choice which uses these resources are employed in. If the entity chooses to waste resources into destructive activities, there is no moral ground for anyone to promote those by providing additional resources to the chooser. It is a shortsighted ethically unsupportable act. As long as a country is wasting resources arming itself to wreak havoc on another country, that country does not deserve any sympathy or material help, irrespective of the circumstances. I would apply this principle to all states, but I would be especially vehement in my objection when it comes to terrorist states.
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India Funding Pakistani Jihad — Followup

India funding Pakistani jehadis” prompted Dan to comment:

Couldn’t you make the argument Indian charity and compassion during Pakistan’s time of need might make a positive impression on at least a few Pakistanis. Maybe the aid provided will change a couple of hearts and minds and they will be less likely to “throw a bomb over your fence.

Dan, unless you are kidding, your naivety is touching. If $25,000,000 were to change a couple of hearts, then to change the few hundred million hearts that need changing would require a brazillion** dollars (which is more money than the entire debt–foreign and domestic–of the United States which is merely in the order of thousands of billions of dollars.)
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India Funding Pakistani Jihadi Groups

Money is fungible.

If I give money to my neighbor to help out with his grocery purchases, I may be acting out of good neighborly feelings. But what if he is an alcoholic? By giving him money, I could as well be funding his alcohol purchase. Even if I were to buy groceries and have them delivered to his home, I am again freeing up his own money for booze. Worse yet, what if my neighbor actually builds bombs in his basement which he frequently lobs over the fence and destroys parts of my house? Surely, giving him grocery money out of misplaced pity is the same as my paying him for his bombs which he uses against me.
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Dr Manmohan Singh’s Interview

It is always instructive to learn what our policy-makers are thinking. Prime Minister Dr Manmohan Singh is especially edifying since he is at the helm of the ship of the Indian state. I therefore recommend the recent interview (Aug 16th, 2005) of Dr Singh by Rajat Gupta published in the McKinsey Quarterly.
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The War on Terror

If you ever wanted a brief on what the proximate origins of the Islamic terrorism you see around the world are, Juan Cole’s Informed Comment has a must read item called Fisking the “War on Terror.” Go read it.

India – the Next Big Player

Perception and reality are two different things, of course, but they do influence each other. How India is perceived by the US (and vice versa) matters. A significant shift in that perception is clearly visible, going by the writings of observers of the developing India-US relationship. John Mauldin’s Thoughts from the Frontline carries an analysis by George Friedman titled India the Next Big Player.
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Different Standards for Different Folks

F. Scott Fitzgerald had noted that “the rich are different from you and me.” Ernest Hemmingway agreed and said, “Yes, they have more money.” Having more money is a significant difference because the most important of its derivate effects is that they have more power. The concerns of the rich are more important; their pain is more acute; their viewpoint is more worthy of consideration; their comprehension of the world more accurate. As Tevya, the poor farmer in The Fiddler on the Roof notes while dreaming of being a rich man, “When you’re rich, they think you really know.”
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