Assorted links


2 links in 2 days on India's growth rate! You must be really worried.
PS : But at least "we" continue to win the Spelling Bee.

It's worth repeating.

There are lot of low hanging fruits, yet they are too short to pick those.


There's no shortage of low-hanging fruit in fact. Property rights, judicial reform, labor law reform, agricultural reform, infrastructure development, educational privatization and reform, allowing of 100% FDI in many sectors, etc. The list is long and simple (though not easy)

Too many people for too few fruit.

3. Those fracking exports!

Red Plenty - great book.

I admit that, like many others, given his previous works, I expected it to be a non-fiction book on the Soviet Union.

4. David Graeber says there is a Great Stagnation (sort of):
"Where, in short, are the flying cars? Where are the force fields, tractor beams, teleportation pods, antigravity sleds, tricorders, immortality drugs, colonies on Mars, and all the other technological wonders any child growing up in the mid-to-late twentieth century assumed would exist by now? Even those inventions that seemed ready to emerge—like cloning or cryogenics—ended up betraying their lofty promises. What happened to them?We are well informed of the wonders of computers, as if this is some sort of unanticipated compensation, but, in fact, we haven’t moved even computing to the point of progress that people in the fifties expected we’d have reached by now. We don’t have computers we can have an interesting conversation with, or robots that can walk our dogs or take our clothes to the Laundromat."

Today, in contrast, apart from the seemingly magical internet, life in broad material terms isn’t so different from what it was in 1953. We still drive cars, use refrigerators, and turn on the light switch, even if dimmers are more common these days. The wonders portrayed in The Jetsons, the space-age television cartoon from the 1960s, have not come to pass. You don’t have a jet pack. You won’t live forever or visit a Mars colony. Life is better and we have more stuff, but the pace of change has slowed down compared to what people saw two or three generations ago. It would make my life a lot better to have a teleportation machine. It makes my life only slightly better to have a larger refrigerator that makes ice in cubed or crushed form.

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