Category: Uncategorized

Although the start of a year is an arbitrarily chosen day, sufficient number of people pay attention to the change in the least significant digit of the year that it is best to go along with the hoopla and join in wishing people “A Happy New Year.” Continue reading “New Year 2020”

I have to admit that If by Rudyard Kipling is one of my favorite English language poems, the last two verses of which appear on the left. The full poem appears at the end of this post.

The reason for this post? Because Kipling was born on this day, Dec 30th, in 1865 in Mumbai, and died in London in 1936.

Of course, when I read If in school, I had no idea of who Kipling was. I liked the poem, and that was it. Later I learned that Khushwant Singh had said that the poem was essentially a condensation of some of the messages of the Bhagavad Gita. Perhaps that’s why I had that intuitive liking for it.

Much later I realized that Kipling was not a nice man. He was, in the words of George Orwell, a “jingoist imperialist.” Here’s an excerpt from an essay Orwell wrote (I believe in 1945) on Kipling: Continue reading “George Orwell on Rudyard Kipling”

January is around the corner, the month named after the Roman god Janus who had two faces — one looking forward to the future and the other backward to the past. He is the god of “beginnings, gates, transitions, time, duality, doorways, passages, and endings” says the wiki.

It was the Roman emperor Julius Caesar (100 BCE – 44 BCE) who decided that the first day of January will mark the start of a new year in 45 BCE. Thus was born the Julian calendar that is almost universally used today (with notable exceptions like in Ethiopia.) How’s that for power and influence?

Time to look back. Continue reading “The Summing Up”

Hong Kong is at the top of the class in economic freedom and among the most prosperous in the world. Just note the change between 1980 and 2017: 255 percent increase in GDP per capita on PPP basis. Singapore, thanks to Lee Kuan Yew, did even better: #2 in economic freedom ranking, its GDP pc increased over 3x. Here’s a graphic illustration of the correlation between economic freedom and prosperity. The causal link is from freedom to prosperity.

Venezuela, much beloved of socialists like Bernie Sanders, went from moderately well-off to desperate poverty in the same period thanks to socialism. I note in passing that India was declared a socialist country by Indira Gandhi, and it shows. Continue reading “Economic Freedom and Well-being”

I find it curious that people unthinkingly claim credit where none is due. “I proud to be an Indian” and “I am proud to be a Hindu” are examples. Here’s an example from a Youtube comments’ section.

My answer to Supriya Varma went thus: Continue reading “I am Happy that I’m a Hindu”

One of the markers of an uncivilized society is that mobs resort to vigilantism which are acts of summary justice without legal authority or due process. When the police engage in vigilantism, it signals a failed society. That’s what happened last week in Hyderabad in India.

Four people were killed murdered by the police (led by one Mr Sajjanar) in what is referred to as an “encounter.” The four were accused of a singularly horrific crime — the gang rape and murder of a young woman –and were in police custody. Note the word accused. Continue reading “Vigilante Justice in India”

This is just a test. Please ignore. Thanks.

You can listen to this test track or download it.

Download (right click and “Save as”) Morning_Mandolin.

Greetings, all. Today is Thanksgiving Day in the US. Among all the American holidays, this one is my favorite. Never mind the genesis and history of this tradition — some of it is not very pretty. What matters to me is the idea of thanksgiving.

Gratitude is one of the most healthy emotions we have. Life is not always nice but every now and then it is good for our mental health to pause and say, “I am thankful that I have so much to be thankful about.”

Here’s the Sanskrit mantra that expresses my core desire

• • • लोकाः समस्ताः सुखिनो भवन्तु
    • Lokah samastah sukhino bhavantu.
    • May all beings be happy.

Happy Thanksgiving Day.

As a liberal — in the classical sense of the word meaning one who believes in liberty — I have special respect for Albert Jay Nock (1870 – 1945), the American libertarian who was a radical anti-statist.

It’s astonishing to me how much our views match. Perhaps I am one of Nock’s reincarnations. (I should write about reincarnation one of these days.) Like him, I am a philosophical anarchist: I hold the state in contempt and believe that it lacks moral legitimacy but I am also against the use of violence to overthrow the state. Like him, I am opposed to centralization, regulation, the income tax, state welfare, majoritarian democracy and state mandated education. Continue reading “Like Albert J Nock, I’m an Anarchist”

James Buchanan proposed a simple test to distinguish economists from non-economists. It was that economists would not agree with the old adage that “whatever is worth doing, is worth doing well.” If you’re confused by that, you aren’t an economist.

Economists know that everything has costs and benefits. Not just this or that thing but everything. That includes good things and bad things. Even good things have costs, and bad things have benefits. Furthermore, economists “think at the margin.” And finally, there’s such a thing as “sunk costs.”

To keep this brief, let’s just say that an economist would stop before reaching that nebulous “well done” stage. He would stop when the marginal cost exceeds the marginal benefit. If something is worth doing, it is worth doing as long as the net benefit is positive. And then stop.

Back to our topic at hand on billionaires (the previous bits are part 1 and part 2.) Continue reading “Billionaires are Different — Part 3”