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Opinions & Blogs / Deeshaa

Eliminate Poverty, not the Rich

Maybe the main function of economics in general is not, as we usually think, the systematic building of theories and models, or their empirical estimation. Maybe we are intellectual sanitation workers. The world is full of nonsense Maybe the Continue reading

2 Dec 2021 1:03 am
Smart People, Stupid Ideas

Even stupid people can do smart things. Contrarywise, even smart people can do stupid things. Heres a post hauled from the archives where I make that point. When Smart People Have Stupid Ideas.

10 Nov 2021 5:28 pm
What is Wealth?

The serious fact is that the bulk of the really important things that economics has to teach are things that people would see for themselves if they were willing to see. And it is hard to believe in the utility Continue reading

9 Nov 2021 12:05 am
Inequality Part 2

Prabhudesai, in a comment to the recent post on inequality, wrote that envy motivates the concern for inequality; otherwise, to demonstrate their commitment to equality, people would give away that portion of their wealth that exceeds the average wealth of Continue reading

7 Nov 2021 7:49 am
How the World Works Part Duh

After the success of the How the World Works Part Uh, I have been pressured to offer Part Duh of the same. So if you, dear reader, were so unlucky as to have missed the first part, despair not Continue reading

3 Nov 2021 4:40 am
Welsh Incident

Richard Burton was Welsh. Clearly then theres no better than he to read Welsh Incident by Robert Graves (1895-1985). His baritone is perfect to convey the mood and the mystery. Welsh Incident 'But that was nothing to what things came Continue reading

30 Oct 2021 4:04 pm
Her Majestys Prison Belmarsh

Her Majestys Government, also known as the United Kingdom Government, is certainly not all evil but considered comprehensively across the centuries and around the world, it is as evil as governments get. Her Majestys Courts and Tribunals Service administer civil Continue reading

28 Oct 2021 7:25 pm
The Belmarsh Tribunal

Whats the Belmarsh Tribunal? Begin quote from Progressive International: Just after the bombshell revelations about the CIA plot to kidnap and assassinate WikiLeaks publisher Julian Assange while he sought political asylum in the Ecuadorian Embassy in London, the Progressive International Continue reading

27 Oct 2021 12:56 am
Epictetus the Stoic

Epictetus[1] summarized the Stoic attitude of taking responsibility for what was within ones control thus: I must die. If forthwith, I die; and if a little later, I will take lunch now, since the hour for lunch has come, and Continue reading

26 Oct 2021 7:32 pm
Oh! Calcutta!

Here I am not referring to the off-Broadway theatrical review Oh! Calcutta! which debuted in 1970 and ran in London for over 3,900 performances, and in New York including a Broadway revival that ran for 5,959 performances, making the Continue reading

26 Oct 2021 7:23 am
Morsing

Percussion player from South India, Pirashanna Thevarajah plays ghatam and mridangam exceptionally well. Here he introduces another percussion instrument used in Carnatic classical music the morsing.[1] NOTES: [1] Its the same as jews harp. The wiki entry says: There Continue reading

22 Oct 2021 4:09 pm
21 Oct 2021 6:52 pm
CORE The Economy

Its hard to overestimate the importance of public understanding of the fundamental principles of economics and some of the many uncontested facts (facts that are generally accepted by the acknowledged peers of experts) of economic history. The lack of public Continue reading

20 Oct 2021 8:25 pm
The Boeing 720 in Nagpur

Today I learned about a Boeing 720 (not the one pictured on the left) which was parked at the airport at Nagpur (my old home town where I was born) for 24 years. This is the first time I came Continue reading

13 Oct 2021 7:53 pm
Economists as Camp-following Whores

The inverse relationship between quantity demanded and price is the core proposition in economic science, which embodies the presupposition that human choice behavior is sufficiently relational to allow predictions to be made. Just as no physicist would claim that water Continue reading

12 Oct 2021 5:49 pm
Slavery Part 2

Anarchy, the wiki states, is a society being freely constituted without authorities or a governing body. The word could also mean, according to the Merriam-Webster, a state of lawlessness or political disorder due to the absence of governmental authority but Continue reading

3 Oct 2021 7:26 pm
Right to Bear Arms

I took a Vistara flight from Mumbai to Bangalore a week ago Sunday. In preparation for the flight, I checked out their website and came across their kirpan policy which states: ************ Carriage of Kirpan by Sikh Passengers A Kirpan Continue reading

20 Sep 2021 6:26 pm
Hello from Bangalore

Im visiting my friend KM and his family in Bangalore (aka Bengaluru) after many years. The weather in this city is better than any other major Indian citys. If I were to live in India, Id choose this city. I Continue reading

16 Sep 2021 8:33 am
Elon Musk on Laws

If youve been reading this blog for a while, you are prepared to understand why Elon Musk is a remarkably intelligent man. Im not saying that you would have become capable of judging his business sense or this rocket designing Continue reading

13 Sep 2021 5:03 pm
AMA the Ganesh Chaturthi edition

Ganesh Chaturthi greetings. After many years, I find myself in Mumbai during Ganesh puja. It appears very subdued understandably so. In the normal course, I usually visit India twice a year. But this time I am back in India Continue reading

10 Sep 2021 1:26 pm
Amazing Internet

These are two remarkable facts about our modern world. One is that it is incredibly amazing, and the other is that were incredibly blas about that amazingness. Our attitude is just boring ho-hum. It takes effort to step back and Continue reading

31 Aug 2021 11:45 pm
Superabundance

I have been working on an idea for the last few months. I call it The Beginning of Superabundance (the title being a hat-tip to David Deutschs book, The Beginning of Infinity.) Theres something incredible in the works for the Continue reading

28 Aug 2021 1:25 am
Navras & Neodmmerung

asato m sadgamaya, tamaso m jyotirgamaya, mtyormmta gamaya. From falsehood lead me to truth, From darkness lead me to light, From death lead me to immortality. Thats known as Continue reading

26 Aug 2021 3:25 pm
Total Solar Eclipse

The 4th anniversary of the Great American Total Solar Eclipse of Aug 21st, 2017, was two days ago. I had looked forward to it for years, and in August of 2017, on a cross-continent drive from the West coast of Continue reading

24 Aug 2021 2:04 am
Baburs Tomb

Once again the Religion of Peace has triumphed in yet another part of the world. Afghanistan used to be Buddhist once upon a time. Remember the huge Bamiyan Buddhas? The Taliban took care of them. Islam does wonders for any Continue reading

22 Aug 2021 2:49 pm
Stupid People and Scams

I got a text message a couple of days ago. It read: [Amazon] Your account has been deactivated. Please update your personal details. https://www.uam-zon.shop I clicked on the link knowing that it was a scam. I landed on a page Continue reading

17 Aug 2021 9:50 pm
Quit India Then and Now

A few days ago, Prabhudesai and I were discussing a remarkable fact about India. We observed that these days, many Indian families are sending their children abroad for schooling. In the past, most of the students went abroad only for Continue reading

15 Aug 2021 8:04 am
Taxation is Theft

Lysander Spooner (1808 1887) the wiki informs us was an American individualist anarchist. He was also an abolitionist, entrepreneur, essayist, legal theorist, pamphletist, political philosopher, Unitarian, writer My favorite bit of his writings is No Treason: The Constitution Continue reading

13 Aug 2021 12:51 am
The Magnificent Tom Lehrer

Tom Lehrer went from adolescence to senility, trying to bypass maturity. He graduated Bachelor of Arts in mathematics from Harvard University, magna cum laude in 1946. He taught mathematics and other classes atMIT, Harvard,Wellesley, and theUniversity of California, Santa Cruz. Continue reading

7 Aug 2021 9:10 pm
Lockdowns Part 3

The Covid-19 pandemic resulting from the Wuhan virus has dramatically revealed state malfeasance amounting to criminality like nothing else has except for perhaps the world wars of the past century. In the previous bits (Part 1 and Part 2), I Continue reading

7 Aug 2021 5:33 am
Waking Sleeping Giants

The US is the preeminent economic and military power in the world today. But the US began as a small nation of only 2.5 million people when it declared independence from the British in 1776. At that time, the US Continue reading

4 Aug 2021 12:25 am
Untested Simplicity of the Villages

by Ram Dass Is the vision of simple living provided by this village in the East the answer? Is this an example of a primitive simplicity of the past or of an enlightened simplicity of the future? Gradually I have Continue reading

31 Jul 2021 5:23 am
Lockdowns Part 2

In the previous post on lockdowns (July 25th), I made the ethical/moral argument against lockdowns. In this part, I make the economic argument against lockdowns. The economy is a complex set of interlocking activities undertaken by an arbitrarily large collection Continue reading

30 Jul 2021 3:49 am
Current Covid Hysteria

Among the calamities of war may be jointly numbered the diminution of the love of truth, by the falsehoods which interest dictates and credulity encourages. Thats a truth that Samuel Johnson (1709 1784) the great English poet, playwright, Continue reading

29 Jul 2021 10:13 pm
Hi from Charlotte NC

Greetings from the Charlotte Douglas International Airport (CLT). I am on a long layover on my way to Austin TX. My American Airline flight was from Philadelphia to Charlotte NC. And now I am waiting at CLT for my next Continue reading

27 Jul 2021 2:31 am
The Standard Model

In 1967, Weinberg published a seminal paper laying out how two of the universes four fundamental forces electromagnetism and the weak nuclear force relate as part of a unified electroweak force. A Model of Leptons, at barely three Continue reading

25 Jul 2021 8:14 pm
Breaking up Monopolies

In a comment to a recent post on monopolies, Viveka wrote, I will cheer the day a Google or Amazon is broken up into a bunch companies. That day is not far off. As the old witticism goes, be careful Continue reading

23 Jul 2021 3:45 am
Huxley, Freedom and Hinduism

It is far better for a man to go wrong in freedom than to go right in chains. Thats Thomas Henry Huxley (1825 1895), also known as Darwins Bulldog for his spirited advocacy of Darwins theory of evolution. Its Continue reading

22 Jul 2021 4:27 pm
On Monopoly

I am confused about the correctness of government interference to break monopolies. Sometimes I think this is good. I do believe that a free market without competition is terrible. But if the government starts deciding what a monopoly is and Continue reading

16 Jul 2021 2:27 am
Putting Money Where Ones Mouth is

In a comment addressed to Prabhudesai, Engr. Ravi wrote, Food has already become the first limit that we have hit, so be careful about what you bet your money on. Advising care in placing bets is excellent advice which ought Continue reading

16 Jul 2021 12:07 am
Meditations by Marcus Aurelius

We live in the best time in all history. Note that it is not the best possible time in all of history only that its the best time ever but better times are yet to be. You could have Continue reading

15 Jul 2021 12:23 am
Sundance & Matsuri by Kitaro

I first heard Kitaro in the mid-80s. We used to go to Tower Records in Mt. View to buy CDs. Tower Records is now only an online store.But Kitaros music lives on. I even got to see Kitaro in concert Continue reading

13 Jul 2021 6:55 pm
The Beginning of Indefinite Economic Growth Part 2

Why do some people claim that the end to economic growth is over or very near? One popular explanation goes this way. Economic growth requires the use of natural resources. On a limited planet, resources are limited. Therefore, when we Continue reading

13 Jul 2021 12:58 am
The Beginning of Indefinite Economic Growth

Repent! The end (of economic growth) is near. Just kidding. Thats just Homer Simpson-esque paranoia. His elevator doesnt stop at all the floors. Hes a can short of a six-pack. A few sandwiches short of a picnic. Hes working with Continue reading

12 Jul 2021 7:03 pm
How Sewers Work

Life expectancy at birth used to be a dismal 30 years or so not too long ago. Just about 10 generations before ours, child mortality was terrible. Tim Worstall notes in HumanProgress.org Theusual estimationis that half of all children Continue reading

11 Jul 2021 4:02 pm
Cucurrucuc Paloma

Years ago in Berkeley, I watched this Pedro Almodvar movie, Talk to Her. My advisor and I would to to the movies every so often. In one scene, Caetano Veloso sings this song, Cucurrucuc Paloma. I dont understand Spanish but Continue reading

9 Jul 2021 7:50 pm
Rising Equality

I can justifiably claim that equality is rising in the world. Meaning, the world used to be less equal than it is today, and that in the future it will become more equal than today. The reason that claims appears Continue reading

5 Jul 2021 9:09 pm
Happy Birthday, America! and President Calvin Coolidge

The American War of Independence, aka the American Revolutionary War (April 19, 1775 September 3, 1783), was fought by the thirteen colonies of British America against the British Empire then ruled by King George III. On July 2nd of Continue reading

5 Jul 2021 2:54 am
While my guitar gently weeps

Nice song. Good musicians. Especially the fellow on the piano. As someone remarked in the comments to the video, he shows a lot of promise. I think he should join some band or something. Or maybe take up writing. Anyway, Continue reading

26 Jun 2021 1:26 am
Speaking out Against Fascists

My favorite bit of the US constitution is the Bill of Rights. Its that bit of the constitution that puts chains on the government. For instance, the US constitution does not grant the freedom of speech because the freedom of Continue reading

23 Jun 2021 4:29 pm