Tuesday, March 17, 2015

Europeans flocking to Asian Infrastructure Investment Bank?

"France, Germany and Italy have all agreed to follow Britain’s lead and join a China-led international development bank [AIIB], according to European officials, delivering a blow to US efforts to keep leading western countries out of the new institution." according to Financial Times article Europeans defy US to join China-led development bank (if the link does not work google search may find the article). The article goes on to say "The US Treasury said on Monday night that it recognised the need for greater infrastructure investment around the world. However, it said any new institution should “incorporate the high standards that the international community has collectively built”, and that new members of the AIIB should “push for the adoption of these same high standards”."
From the way IMF is dealing with Ukraine and Greece, it is not clear what these standards are.
P.S. Discussion at Naked Capitalism.

The great hedge of India

The story seems relatively unknown; I heard it a few years ago from Kalyan Mukherjea. From the Wikipedia:
"The Inland Customs Line which incorporated the Great Hedge of India (or Indian Salt Hedge[1]) was a customs barrier built by the British across India primarily to collect the salt tax. The customs line was begun while India was under the control of the East India Company but continued into the period of direct British rule. The line had its beginnings in a series of customs houses that were established in Bengal in 1803 to prevent the smuggling of salt to avoid the tax. These customs houses were eventually formed into a continuous barrier that was brought under the control of the Inland Customs Department in 1843..................
Despite its scale, the customs line and associated hedge were not widely known in either Britain or India, the standard histories of the period neglecting to mention them.[32] Roy Moxham, a conservator at the University of London library, wrote a book on the customs line and his search for its remains that was published in 2001."  A review by Dileep Chinchalker who met the author. Now the book "The Great Hedge of India" by Roy Moxhamis translated into Tamil.

Sunday, March 15, 2015

H.Allen Orr reviews David Sloan Wilson's new book

in New York Book Review of Books (via 3quarksdaily) The biology of being good to others. One of the best reviewers of science books writes a relatively gentle review and along the way explains group selection , Hamilton's kin selection etc.
"It’s also true that many evolutionary theorists now argue that multilevel selection and kin selection are generally equivalent mathematically and they yield the same numerical predictions about the extent of genetic change from one generation to the next. Though this view is not universal, the long and fierce debate over the proper way to frame social evolution shows at least some signs of simmering down.
Wilson’s more philosophical discussion of equivalence among scientific theories generally is also strong. The fact that a process occurs in some singular way in nature doesn’t mean that there is only one legitimate way to think about it as a scientist. So long as different perspectives on a process make the same predictions and, ideally, can be translated from the language of one theory to another, it would seem absurd to argue that scientists must choose among them.
Wilson comes up short, however, in not emphasizing forcefully enough that just because different perspectives might be equivalent formally, they aren’t necessarily equivalent in the actual practice of science. Some perspectives might well be more natural, more productive, or simply easier to use than others. Indeed in evolutionary biology, it’s often easier to think about evolution in terms of the relatedness of individuals (as in kin selection) than in terms of group structure (as in multilevel selection), particularly in species where the sharp demarcation of groups is less than obvious. And it would be hard to deny that many more insights into biology—some deeply surprising—have followed from gene-level thinking than from multilevel selection thinking. Wilson doesn’t quite deny all this but I doubt that the average reader of Does Altruism Exist? would guess it.
But it’s when Wilson turns to the social lives of human beings that his views become more problematic. There are several difficulties.
One is that Wilson’s multilevel selection theory is so broad, so causally inclusive, that it may well be able to explain nearly anything about people. When a theory allows genetic selection to act at any level in the biological hierarchy and cultural selection to act at any level in the social hierarchy, it’s hard to imagine many facts about people that might remain refractory to “explanation” by it. In science, a theory can be a little too pliant for its own good and Wilson may have found one. It would have been helpful had he listed some imaginable observations about people that would force him to seriously question his theory. "

The most beautiful equation in math

Saturday, March 14, 2015

Michael Hudson on Ukraine and Greece

Michael Hudson from 13:45 (via Naked Capitalism)https://www.youtube.com/watch?v=WLM9PqxxRjQ&t=911

US not happy with UK

UK support for China-backed Asian Bank prompts US concern:
"The hope is that investment in the bank will give British companies an opportunity to invest in the world's fastest growing markets.
But the US sees the Chinese effort as a ploy to dilute US control of the banking system, and has persuaded regional allies such as Australia, South Korea and Japan to stay out of the bank."
Seems to me like hegemony problems. US also sees Venezuela "constitutes an unusual and gravest threat to the national security and foreign policy of the United States".

Greg Baum on Cricket World Cup 2015

This seems to be a fair assessment: Hot early, and hit often. It seems to me that Australia is the strongest team in the tournament but the final result will depend many things like the ground, weather, whether the intervening matches are day-night or day matches and of course some luck and captaincy.

Friday, March 13, 2015

Two marriage related stories from India

Thrashed for love: Bengaluru father beats up his daughter in public (via Rahul Siddharthan): "Stating that the father wanted to take her back to Madurai against the wishes of the adult daughter and forcibly marry her to someone of their choice, Chakraborty in her post says, “The mother, a teacher, kept blaming the girl for the shame that she has brought upon her family.”
“We called the police who came after 30 minutes and took the family away to Ulsoor police station,” she added.
Police said someone had called the control room and informed about the incident. “Our men had gone there, but the parents and daughter left saying they will sort out the issue. No complaint was registered.”"
"The bride and her cousins received a shock when the groom said 15+6 is 17 instead of 21. This angered the girl, who refused to marry the youth...."Any class I student must be able to solve the simple problem asked by us. The family of the groom had kept us in dark about the youth's qualification," Singh said. "It was a very embarrassing situation for all of us as we had come with all preparations and it was a matter of social prestige as well. We have been cheated," he added."

Links 3/13/2015

Thursday, March 12, 2015

Irwin Shaw's short stories.

Long ago, I read many of his short stories and liked many of them. Now I remember only "The Eighty Yard Run" and the title of the story which  Stephen Hsu describes. From an interview with Irwin Shaw:
"I remember "The Eighty Yard Run" well but only the title of this story. Steve Hsu at 'Information Processing' reminds us about Irwin Shaw "I wrote “The Girls in Their Summer Dresses” one morning while Marian was lying in bed and reading. And I knew I had something good there, but I didn’t want her to read it, knowing that the reaction would be violent, to say the least, because it’s about a man who tells his wife that he’s going to be unfaithful to her. So I turned it facedown, and I said, “Don’t read this yet. It’s not ready.” It was the only copy I had. Then I went out and took a walk, had a drink, and came back. She was raging around the room. She said, “It’s a lucky thing you came back just now, because I was going to open the window and throw it out.” Since then she’s become reconciled to it, and I think she reads it with pleasure, too." 
He also gave a link to the story which I read again after a long time.

Some evidence about microfinance

Chris Blattman links to a recent survey If you read one thing about microfinance, read this:
"The punchlines:
  1. Only about one in four or five households wanted a small loan.
  2. Some of them used the money to grow their very small businesses. But this rarely led to higher profits.
  3. None of the seven studies found a significant impact on household income.
  4. And there’s no evidence it empowered women or led more children to go to school.
  5. But the loans give a little freedom. People make the same money as before, but in different activities that they chose."

Khazanchi 1941 with English subtitles

posted by Tommydan on YouTube https://www.youtube.com/watch?v=El3tNeoPQfQ (via Richard Singer). A short review at Cineplot and post about the clothes at VintageSareeblouse. From a review in Indian Baja "Ghulam Haider revolutionalized the face of the Hindi film songs and laid the foundation for the Hindi film as we know it today by combining popularragas with the rich verve and rhythm of Punjabi music. A huge hit, Khazanchi was one of the films that helped to establish the musical style of the Hindi film industry in subsequent years. The film also shot Shamshad Begum into the big league." The review has links to the songs.
P.S. (Links posted earlier http://gaddeswarup.blogspot.com.au/2012/05/hindi-film-songs-of-yesteryears.html ) More about the evolution of Hindi film music in this six part serieshttp://www.upperstall.com/…/evolution-hindi-film-song-part-6
and about Ghulam Haiderhttp://www.apnaorg.com/articles/sap16/index1.html

Monday, March 09, 2015

Drift in US and European opinions on Ukraine

Breedlove's Bellicosity: Berlin Alarmed by Aggressive NATO Stance on Ukraine from Spiegel International: "US President Obama supports Chancellor Merkel's efforts at finding a diplomatic solution to the Ukraine crisis. But hawks in Washington seem determined to torpedo Berlin's approach. And NATO's top commander in Europe hasn't been helping either."
via Moon of Alabama which says 
"Some Europeans, like the writers in the piece above, still see Obama as a reluctant warrior pushed to war by the hawks in his own government and the Republicans in Congress. But the surge in Afghanistan, the destruction of Libya, the war on Syria and the trouble in Ukraine have all been run by the same propaganda scheme: Obama does not want war, gets pushed and then reluctantly agrees to it. It is a false view. The buck stops at his desk and Nuland as well as General Breedlove and other official hawks concerned about their precious bodily fluids are under Obama's direct command. He can make them shut up or get them fired with a simple 30 second phone call. As he does not do so it is clear that he wants them to talk exactly as they do talk. Obama is the one driving the neocon lane."

Sunday, March 08, 2015

Gender inequality index

From Wikipedia  "The Gender Inequality Index (GII) is an index for measurement of gender disparity that was introduced in the 2010 Human Development Report 20th anniversary edition by the United Nations Development Programme (UNDP). According to the UNDP, this index is a composite measure which captures the loss of achievement within a country due to gender inequality. It uses three dimensions to do so: reproductive healthempowerment, and labor market participation."
Relative ranks India 135th among 187.

War making and state making

Friday, March 06, 2015

Modi's office sees rape centres as a 'waste of money'

"Two rapes occur every hour in India, reveal National Crime Record Bureau statistics.

The statistics also show an 837% increase in rape cases in the last five decades with the police having registered over 250,000 cases.

Conviction rates, in contrast, remain at an abysmal 20% and sometimes lower.

Given this worrying scenario, Women and Child Development Minister Maneka Gandhi's proposal to start 660 Nirbhaya Centres -- one in each of the 640 districts and another 20 in the six metros -- was hailed by women activists as a positive step forward.
...
Shockingly, the Prime Minister's Office shot down Gandhi's proposal, describing it as a waste of money and suggesting that the centres be set up in existing government hospitals.

The PMO also slashed the budget for the rape crisis centres from Rs 245 crore (Rs 2.45 billion) to Rs 18 crore (Rs 180 million) and insisted that only 36 such centres would be set up -- one in each state -- with locations being decided by the state governments.
...
"The previous (United Progressive Alliance) government had held several rounds of discussions on starting these rape centres with activist groups who had helped prepare a blueprint for the scheme. Maneka Gandhi was only going to implement a project which had been discussed threadbare in the preceding years. The present government's move has, therefore, come as a great shock," she said." from Rediff.com

Dean Baker on over-valued dollar

"I will give a quick response to the argument by Yanis Varoufakis raised in the comments. I think Varoufakis is mistaken. They are no secret conspiracies here, everything is pretty much right on the table. There are segments of the elites that stand to gain from an over-valued dollar. This includes businesses that are outsourcing to get cheap labor and retailers like Walmart who undercut competitors by setting up low cost supply chains in the developing world. Finance also tends to be happier with a dollar that goes farther overseas and less inflationary pressure at home.
The economy as a whole does not in any way need an over-valued dollar, nor does the U.S. uniquely "benefit" from some special privilege as the world's reserve currency." according to Dean Baker. For future reference since I am not sure whether the US government wants it or not.
P.S. A long term view here.

Nehru on Nehru

"Men  like Jawaharlal, with all their capacity for great and good work, are unsafe in democracy," from Rashtrapati by Chanakya (pseudonym) in 1937, reproduced in  http://archiv.ub.uni-heidelberg.de/volltextserver/9977/2/AppendixDocuments600dpi.pdf

Two on 'sub judice'

On of the reasons given by the Indian Govt. to ban "India's dauhter" is that the case still sub judice. I looked the term. It seems mainly derived from the English practice ( it seems different in USA). From Sub judice  rule and contempt of court:
"This guide is based on UK law and was written in January 2009.....The sub judice rule regulates the publication of matters which are under consideration by the court. Matters are considered to be sub judice (Latin for 'under judgment') once legal proceedings become active.....
Both statutory and common law contempt of court are concerned with the possibility that a juror, witness or lay judge may be influenced by material which is published about active legal proceedings. Accordingly, any of the following activities could be considered to be contempt:
  • obtaining or publishing details of jury deliberations;
  • filming or recording within court buildings;
  • making payments to witnesses;
  • publishing information obtained from confidential court documents;
  • reporting on the defendant's previous convictions;
  • mounting an organized campaign to influence proceedings;
  • reporting on court proceedings in breach of a court order or reporting restriction;
  • breaching an injunction obtained against another party;
  • anticipating the course of a trial or predicting the outcome; or
  • revealing the identity of child defendants, witnesses or victims or victims of sexual offences.
However, it is acceptable to publish material as part of a discussion of public affairs or as a contemporary report of the day's legal proceedings."
The Indian version as reported in The Hoot seems a bit vague to me:
"3.      Can I interview possible witnesses and quote documents that are before the court while an issue is sub-judice?
 
Answer: Yes, at present there is no clear legal bar to journalists interviewing possible witnesses and quoting documents in a case which is sub-judice, however as per the Law Commission such acts may amount to interfering in the administration of justice and may amount to Contempt of Court.
....
Effect: Reporters, at present may interview possible witnesses and quote documents when the case is sub-judice however even in the absence of a clear bar, they risk being tried for contempt of court for prejudicing or interfering with the administration of justice."

Jinhen Naaz Hai Hind Par, from Pyaasa 1957

via Madhukar Shukla. Translation of the original poem

Thursday, March 05, 2015

Links 5/3/15

UN report says small-scale organic farming only way to feed the world I am not sure about this. It is one of methods along with others suggested earlier by various UN agencies. But I have not read this report.
Arming the immune system against cancer
Scientists have figured out what makes Indian food so delicious "Chefs in the West like to make dishes with ingredients that have overlapping flavors. But not all cuisines adhere to the same rule. Many Asian cuisines have been shown to belie the trend by favoring dishes with ingredients that don't overlap in flavor. And Indian food, in particular, is one of the most powerful counterexamples."
Signs of intelligent life in the economics profession says Dean Baker

Video "India's daughter"

Still available here https://vimeo.com/121374149
P.S. Rahul Banerjee has a dissenting letter from the co-producer

Wednesday, March 04, 2015

Paul Mason on the Greek European deal

Greek European deal:where are we?"\:
"The European deal done six days ago was supposed to stabilise the Greek debt crisis. In return for a bit of fiscal autonomy the Syriza government (a) recognised its debts as legitimate (b) gave its lenders a running veto on any measures taken that might impact on the economy, the banks or the budget balance. ......
I still think the most likely outcome is that the unresolved political battle at the centre of Europe goes on being unresolved. And time is Syriza’s main enemy. If, by June, the ECB council is still calling the shots on Greek debt, then the German government – facing a growing revolt in the CDU/CSU over the terms of Greek forgiveness – will force another, bigger showdown."

Tuesday, March 03, 2015

Jadav Molai Payeng

More about him here " The strange obsession of Jadav Payeng" Jadev Payeng on Facebook

Monday, March 02, 2015

Beware of nudge squads

"But what if the economists—both old-school and behavioral—are wrong? What if our illogical and economically erroneous thinking processes often lead to the best possible outcome? Perhaps our departures from economic orthodoxy are a feature, not a bug. If so, we’d need to throw out the assumption that our thinking is riddled with mistakes. The practice of sly manipulation, based on the idea that the affected party doesn’t or can’t know what’s going on, would need to be replaced with a rather different, and better, goal: self knowledge." from Yes you are irrational, and yes, that's OK by David Berreby (via MindHacks)

Interview with Ha-Joon Chang

by V.Sridhar for Frontline. Long but very readable Old economics, new strings

Colour Blue

Thursday, February 26, 2015

happiness

history

I never heard of Jhalkaribai. According to Wikipedia  "Born into a poor Koli family, she started her career as an ordinary soldier in Laxmibai's army, but rose to a position of advising the queen and participating in vital decisions.[3] During the rebellion, at the height of the battle of fort of Jhansi, she disguised herself as the queen and fought on the front to let the queen escape safely out of the fort.[3][4]"
 via roundtableindia.

Land

Do bigha zameen via Madhukar Shukla who has several comments.
Jairam Ramesh comments

violence

Sleep

https://www.facebook.com/MalayaliWeb/photos/a.561521650540711.141343.559302517429291/567554879937388/?type=1&pnref=story

Wednesday, February 25, 2015

Illargi wonders about IMF funding to Ukraine and Greece

How far is it from Kiev to Athens? I have been wondering about this myself. The article is also posted in Naked Capitalism where there may be more comments.

P.S. More about the Greek situation from Michael Hudson European Banks vs reek Labour

Saturday, February 21, 2015

Some developments associated with Walter Pitts

in The man who tried to redeem the world with logic. Apparently, one development that discouraged Pitts came at the age of 36 (he died atb the age of 46):
"[Jeorme Lettwin] Together with Pitts, McCulloch and the Chilean biologist and philosopher Humberto Maturana, he subjected the frogs to various visual experiences—brightening and dimming the lights, showing them color photographs of their natural habitat, magnetically dangling artificial flies—and recorded what the eye measured before it sent the information off to the brain. To everyone’s surprise, it didn’t merely record what it saw, but filtered and analyzed information about visual features like contrast, curvature, and movement. “The eye speaks to the brain in a language already highly organized and interpreted,” they reported in the now-seminal paper “What the Frog’s Eye Tells the Frog’s Brain,” published in 1959.
The results shook Pitts’ worldview to its core. Instead of the brain computing information digital neuron by digital neuron using the exacting implement of mathematical logic, messy, analog processes in the eye were doing at least part of the interpretive work. “It was apparent to him after we had done the frog’s eye that even if logic played a part, it didn’t play the important or central part that one would have expected,” Lettvin said. “It disappointed him. He would never admit it, but it seemed to add to his despair at the loss of Wiener’s friendship.”"
Some of the work related to the frog's eye is described here and the break up with Norbert Weiner in this review of a book about Norbert Weiner.
Some more developments of frog vision studies and applications to education are discussed in this 2010 paper of Luis Radford The eye as a theoretician: Seeing structures in generalizing activities.

Thursday, February 19, 2015

Links, February 19, 2015

Rahul Banerjee on AAP, Syriza and Pademos: Social Democracy to the fore
Marinaleda A city where everyone works... More on Marinaleda from Wikipedia
Bloomberg vs The Economst: Whence the difference of opinion by David Warsh: "One thing I took away from Planning Armageddon is that military strategists in capitals around the world can be counted on to be doing with computers and present-day financial communication systems what their Edwardian counterparts were doing a hundred years ago – laying plans to disrupt their foes’ economies as thoroughly as possible if it comes to war,.  When Russia’s Kiselev says Putin  will use nuclear weapons if the existence of the Russian state is threatened, economic Armageddon is the kind of thing he’s got in mind – an all-out attempt to starve the Russian government into submission.
The other thing I took away is that, just as market interests swamped the British plan for all-out economic war in 1914, probably they will disrupt the clamor for US proxy war with Russia in 2015.  There’s a reason that Bloomberg View takes a calmer stance towards the Russian bullying of Ukraine than does The Economist. Its subscribers have more skin in the game."

Andrew Haldane reflects on growth

Growth, Fast and Slow
"Conclusion
 Growth is a gift. Yet contrary to popular perceptions, it has not always kept on giving. Despite centuries of experience, the raw ingredients of growth remain something of a mystery. As best we can tell historically, they have been a complex mix of the sociological and the technological, typically acting in harmony. All three of the industrial revolutions since 1750 bear these hallmarks.
 Today, the growth picture is foggier. We have fear about secular stagnation at the same time as cheer about secular innovation. The technological tailwinds to growth are strong, but so too are the sociological headwinds. Buffeted by these cross-winds, future growth risks becoming suspended between the mundane and the miraculous."
An amusing take off:  Did Shakespeare make the wrong decision going into liberal arts and not finance?

Erratic Marxist

Impressive article by Yanis Varoufakis How I became an erratic Marxist.  Though impressed by Marx, I have always had some reservations about Marx and Marxists. Yanis Varoufakis explains some of the problems:
"Marx’s first error – the error of omission was that he failed to give sufficient thought to the impact of his own theorising on the world that he was theorising about. His theory is discursively exceptionally powerful, and Marx had a sense of its power. So how come he showed no concern that his disciples, people with a better grasp of these powerful ideas than the average worker, might use the power bestowed upon them, via Marx’s own ideas, in order to abuse other comrades, to build their own power base, to gain positions of influence?
Marx’s second error, the one I ascribe to commission, was worse. It was his assumption that truth about capitalism could be discovered in the mathematics of his models. This was the worst disservice he could have delivered to his own theoretical system. The man who equipped us with human freedom as a first-order economic concept; the scholar who elevated radical indeterminacy to its rightful place within political economics; he was the same person who ended up toying around with simplistic algebraic models, in which labour units were, naturally, fully quantified, hoping against hope to evince from these equations some additional insights about capitalism. After his death, Marxist economists wasted long careers indulging a similar type of scholastic mechanism. Fully immersed in irrelevant debates on “the transformation problem” and what to do about it, they eventually became an almost extinct species, as the neoliberal juggernaut crushed all dissent in its path.
How could Marx be so deluded? Why did he not recognise that no truth about capitalism can ever spring out of any mathematical model, however brilliant the modeller may be? Did he not have the intellectual tools to realise that capitalist dynamics spring from the unquantifiable part of human labour; ie from a variable that can never be well-defined mathematically? Of course he did, since he forged these tools! No, the reason for his error is a little more sinister: just like the vulgar economists that he so brilliantly admonished (and who continue to dominate the departments of economics today), he coveted the power that mathematical “proof” afforded him."

Sunday, February 15, 2015

Global Surpluis Recycling Mechanism (GSRM)

Yanis Varousfakis talks of different aspects of it in his nook 'The Global Minotaur'. One aspect from a recent article in The Guardian "In his recent book The Global Minotaur, Varoufakis claims that the notion of a surplus recycling mechanism is simple in theory and revolutionary in its implications. It was first devised by Keynes while working as an unpaid policy adviser to the British Treasury during the early 1940s. The proposal was an outgrowth of Keynes’s frustration with the limits of the gold standard during the 1920s. At that time there was an outflow of gold from Britain to the US to pay for Britain’s trade deficit. Logically the inflow of gold should have expanded the money supply in the US, increasing the competitiveness of UK exports. But the US adopted policies to offset inflationary pressures. As the economist Marie Christine Duggan has suggested, the harsh lesson for Keynes was that the gold standard was ineffective at forcing creditor nations to increase domestic prices or reinvest their surpluses. Creditor nations were free to hoard as they liked, placing the burden of action on debtor nations who had very little choice but to act in ways that tended to depress their domestic economies.Keynes’s proposal for curbing the problem was to create global rules that would place equal pressure on both creditor and debtor nations to adjust their respective trade imbalances, helping to ease the burden shouldered by debtor nations."
From a post of Michael Pettis, surpluses may not be good even for creditor countries:
" Far more interesting to me is the impact of the indemnity on Germany. From 1871 to 1873 huge amounts of capital flowed from France to Germany. .... As money poured into Germany the German economy boomed, along with German consumption, investment (a growing share of which went into projects at home and abroad that turned out in retrospect to be overly optimistic), and into the Berlin and Viennese stock markets. By early 1873 more experienced German, Austrian and British bankers were quietly warning each other of a speculative mania, and they were right. The stock market frenzy culminated in the 1873 global stock market crisis, which began in Vienna in May, shortly after the beginning of the 1873 World Fair,... "

Saturday, February 14, 2015

Tuesday, February 10, 2015

Review of a Hilary Clinton book

We came, we saw, he died in London Review of Books by Jackson Lears. Excerpts:
"The intellectual bankruptcy of the Democratic Party is nowhere more evident than in the looming presidential candidacy of Hillary Rodham Clinton.....These conventional formulas stress Clinton’s exceptionalist faith in America’s unique responsibility for ‘global leadership’. There was a time when this meant leading by example, but since the Second World War, the phrase ‘global leadership’ has served as a euphemism for military intervention – multilateral if possible, unilateral if necessary. Indeed, exceptionalism has proved a durable justification for unilateralism. Presidential candidates from both parties have long felt obliged to pay homage to the exceptionalist creed, but Clinton’s attachment to it is obsessive. She says she wroteHard Choices ‘for anyone anywhere who wonders whether the US still has what it takes to lead’. She recalls Madeleine Albright’s threadbare interventionist slogan: the US, Clinton insists, remains ‘the indispensable nation’. As secretary of state, she acted on her faith by sponsoring the overthrow of Gaddafi in Libya and advocating US intervention in Syria, not to mention engineering the Asia Pivot towards increased US involvement in the Far East."
"Clinton’s exceptionalism promotes an implicit double standard that separates the US from the rest of the world. Consider the Asia Pivot: according to Clinton, ‘we needed to send a message to Asia and the world that America was back’ in its ‘traditional leadership role in Asia’ – managing competition, fostering co-operation, maintaining stability. This was ‘forward-deployed diplomacy … borrowing a term from our military colleagues’. The Chinese perception, naturally enough, was that the US was determined to block its rise. Why China shouldn’t claim a ‘leadership role’ in its own part of the world, and the US should, is one of the mysteries of the exceptionalist faith."
" ‘For the West, the demonisation of Vladimir Putin is not a policy; it is an alibi for the absence of one,’ he wrote last year. ‘Putin is a serious strategist – on the premises of Russian history. Understanding US values and psychology are not his strong suits. Nor has understanding Russian history and psychology been a strong point among US policymakers.’ Clinton seems likely to continue that tradition."

Saturday, February 07, 2015

Another analysis of Euro area's problems

Syriza and the French Indemnity of 1871-73 by Michael Pettis
via Michael Pettis explains the euro crisis(and some others things, too) by Matthew Klein.

" This is literally the best analysis of the euro area’s problems we’ve ever read. You should take the time to closely read the whole thing yourself. We’ll wait. " is what FT Alphaville said. I read it once, got some glimpses but not full understanding. Planning to browse some Pettis books.

Wednesday, February 04, 2015

Chris Dillow on micro and macro efficiencies

In Micro efficient, macro inefficient
"All this poses a question. What sort of economic system does the idea of micro efficiency but macro inefficiency lead to?
We can discount the social democratic option. We know now - as Keynes did not - that macroeconomic policy within market capitalism is not sufficient to create full employment, perhaps for reasons identified by Kalecki or perhaps because capitalists capture the state; still less does it solve the faults alleged by Marxists. Nor am I attracted to the participatory planning of the sort advocated by Robin Hahnel; it seems like using a sledgehammer to crack a nut. This leaves some form (pdf) of market socialism and economic democracy. "
The last links have freely downloadable books.

Some Perumal Murugan links

C.S. Lakshmi describes two sequels to 'One part woman' and writes "Seeing how much his novel was liked in the last four years, one has to look for other reasons for this sudden outburst by incendiary forces which were literally baying for his blood. I remember that he began writing his novel Pookkuzhi when the papers were full of the tragic death of a youth named Ilavarasan following his marriage and the caste-hatred it created in Dharmapuri, Tamil Nadu. Pookkuzhi is dedicated to Ilavarasan, the Dalit boy who dared to marry an upper-caste girl. Not much was written about Pookkuzhi and the dedication did not go down well with many.
Before Pookkuzhi too, Murugan had spoken his mind on what caste meant to him. When his mother died he wrote two beautiful articles (which were translated into English by me for a SPARROW newsletter), where he wrote about how he had decided not to use the caste graveyard for his mother although he had paid the caste tax for it all these years in three different villages. He felt that he was in no mood to face the catechism of his community about his life and choices. He chose to use the electric crematorium. He says in that article that watching the smoke rise in the electric crematorium he felt it would take his mother, who had toiled all her life, to lands she had never been to. He had disregarded his community many years ago also, when he decided to marry a woman of his choice who did not belong to his community. His entire village had risen against him and had decided to excommunicate him. His progressive friends stood by him and prevented that from happening."
Meanwhile
"The Madras High Court on Tuesday said that it will issue a notice to writer Perumal Murugan so that he could narrate the sequence of events following which he changed his stance.
The first bench comprising Chief Justice Kaul and justice Sundaresh expressed large concern in extra judicial groups wielding power in deciding what is right and what is not right and asking authors what to write and what not to write."
Though the practice has one out many years ao, one Niticentral artilce claims "If left uncontested it means their temple going womenfolk would be fair game for lewd comments and unwanted advances. " Another review favourable to the book says "evolution left men with more sexual anxieties than women. They have addressed this anxiety by seeking power over women. TheMathorubhagan episode has the flavour of insecure patriarchy gone berserk."



Tuesday, February 03, 2015

Paul Mason on basic income

The thrust of this article is not clear to me.  I lived for four years in an area where many neighbours were provided essential basic income and housing. I saw the next generation not into education or work and vandalizing the neighbourhood. May be one should study such earlier practices in Australia and other places before providing hopeful scenarios. Also what Graeber called 'bullshit jobs' are different from what Paul Mason mentioned here.

Monday, February 02, 2015

Three articled related to Ocalan and anarchism

“dogmatism is nurtured by abstract truths which become habitual ways of thinking. As soon as you put such general truths into words you feel like a high priest in the service of his god. That was the mistake I made.” Ocalan quoted in The new PKK: Unleashing social revolution in Kurdistan 
Rojava, Ocalan, anarchism, and the fight for Kobane
And Happidrome-part 1 by Adam Curtis:
"But the moment you look into what the Kurds are fighting for - what you discover is absolutely fascinating. They have a vision of creating a completely new kind of society that is based on the ideas of a forgotten American revolutionary thinker.
He wanted to create a future world in which there would be no hierarchies, no systems that exercise power and control individuals. And the Kurds in Kobane are trying to build a model of that world."