Atanu Dey : Life is a Random Draw

Markets

I maintain that the idea of markets ranks amongst the greatest inventions of humankind, up there with the wheel, fire and zero. It is also among the most misunderstood and underappreciated of ideas. That’s unfortunate since the misunderstanding of the idea of markets has negative consequences, primary among them being missed opportunities for human welfare.
Continue reading “Markets are the Greatest Invention”

“In facing your own mortality, what final message would you leave for future generations?” That question is from the 11th Hour series from Colorado Public Television which records living testaments from distinguished individuals delivering their lasting message to the world. Roger Ebert delivered this in 1994. He passed away just a month ago on April 4th, 2013.

We spend a great deal of time in mostly trivial pursuits on the web. But the web has an enormous wealth of content that could be of value to us. However we have to invest time and concentration to take what we are given so freely. This talk by Roger Ebert is worth the time.
Continue reading ““Have empathy” says Roger Ebert in the 11th Hour Series”

The 3rd president of Pakistan, General Yahya Khan, must be the original “My Name is Khan.” In 1971 he instructed the Pakistani army to “Kill 3 million of them and the rest will eat out of our hands.” He was talking about his compatriots in the eastern half of Pakistan, present day Bangladesh.

Samuel Huntington in his book The Clash of Civilizations pointed out bluntly that not only are Islam’s borders bloody but that its innards are bloody as well. Pakistan is a fine illustration of that brutal truth. Anyway, in 1971 in accordance with General Yahya Khan’s orders, the Pakistani army proceeded with the job of killing three million and by some estimates, achieved that target. India helped in bringing the killing spree to a close but at an enormous price. The humanitarian costs were staggering. The Indian army suffered thousands of casualties; around 10 million refugees flooded into India (most of whom never returned). I don’t know if anyone can reliably estimate the economic costs. What bothers me is that too many people did not learn an important lesson even after this.
Continue reading “If you want peace, prepare to be ruthlessly just and fair”

I have had the privilege of calling both India and the US home, and have had the opportunity of observing both from near as well as from afar. I am not an impartial observer because I am too emotionally invested in both countries. However precisely because I care for both countries that I bother to observe them so carefully and criticize them so relentlessly. The words of an old song express my feelings well: “I love you too much to ever start liking you // So don’t expect me to be your friend.” I feel pity, sorrow, anger, fear and loathing for what they have done (and are doing) to India.
Continue reading “India is a Democracy — but that’s not all that it is”

“It was 20 years ago today, Sgt Peppers taught the band to play . . .” Actually, I got carried away. What I really meant was that it was 20 years ago today, on April 30th 1993, that a bunch of researchers at CERN, a physics lab in Switzerland, decided that they would put some of the software they had created for sharing data in the public domain. That was the birth of the World Wide Web. And the first website, you ask? Here is a screen capture. (Click on the image to visit the world’s first website.

Continue reading “It was 20 years ago today, the World Wide Web was born to the Public Domain”