Viswanathan K's Thoughts

In the recent budget, there was a reference to “multidimensional poverty”. What exactly does that mean? Nithin Sasikumar explains it well. Note : As is his style, he is explaining what the concept is; not assessing the data used to come to any conclusion on poverty levels in the country.   When we think of poverty, we think of income, whether it is enough to cover basic expenses ( roti, kapada, makaan ). This is the classical definition of absolute poverty – below a certain income, one is considered BPL (Below the Poverty Line). The problem with this approach is that it doesn’t look at other aspects: “ But, say you live in a house with a leaking roof, you don’t have access to clean water, there’s no electricity, and you have a child who hasn’t seen a classroom in months because the nearest school is too far off. Are you not poor?”   It is to include these other aspects (besides income) that the Multidimensional Poverty Index (MPI) was created. So what is it exactly? “India’s...

Since I work on anesthesia machines, I loved this fascinating piece by Devansh Malik on anesthestic agents and what exactly happens when anesthetized.   The story starts in the 1840’s, when a popular pastime (in the West) was to inhale ether or nitrous oxide at what was called the “laughing gas parties”: “You’d inhale a bit, feel euphoric, do something embarrassing and everyone would laugh. Simple pleasures of life.”   Then people noticed something weird – people inhaling these gases didn’t experience pain (even when they hurt themselves badly). This led a dentist named Horace Wells to wonder if it might have the same effect on the tooth. He had a colleague extract his tooth under nitrous oxide and was happy he didn’t feel any pain. A public demonstration unfortunately didn’t work and the patient did experience pain. Another dentist named William Morton tried it again, with ether during a tooth extraction. It worked. “ Shortly after, a surgeon there removed a tumo...

In his book, Corruptible , Brian Klass interviews former Thailand PM, Abhisit Vejjajiva. In early 2010, protestors numbering 1,20,000 gathered in the streets of Bangkok demanding his resignation. When the government sent in soldiers to clear the area, they (the soldiers, not the protestors) were met with bullets and grenades. The soldiers fired back, and 26 were killed, a thousand injured.   The heavily armed protestors started speaking of civil war. Sporadic gunfire in the streets started to become commonplace. Vejjajiva had helicopters drop pamphlets declaring some areas of the city as buffer zones between protestors and government troops. Anyone entering the buffer zone risked getting shot, said the leaflets. Eventually, troops were told to break through the barricades and go after the protestors. The protest was finally put down, at a cost of 87 killed.   Was Vejjajiva the stereotype ruler who tried to hold onto power at all costs? Maybe. But also listen to Vejjaji...

When a civilization is at its high, it can dominate the neighbourhood literally and figuratively. Often via force (or threat of force). But also by influence and admiration. What we call hard power and soft power .   While the causes for the eventual decline of hard power are talked about, what about the decline of soft power? Arnold Toynbee believed the cause for that was entirely social . Which makes sense, since soft power is social after all. So what was Toynbee’s theory?   Initially and for a long time, the “creative minority” within that civilization is the driver of new ideas, new technologies, new achievements. But at some point, they “lose their creative power, turn self-obsessed and focus all their energies on self-preservation”. The word used in modern lingo to describe this group is “elites” . The majority begins to lose faith in the creative minority and with that, the splintering of the civilization begins.   Toynbee goes into the details of the...

The price of medicines are controlled to varying degrees by the Indian government. We aren’t the only country that regulates the prices of various medicines. I had assumed this is a practice of poorer countries only .   Not true, I learnt as I read Alex Tabarrok’s post . But first, why do pharma companies (including Western giants with political clout) agree to such reduced pricing? Because of the nature of their product – coming up with a new medicine is very, very costly (research, clinical trials, regulatory clearances, making doctors aware). But the manufacturing cost of each pill in and of itself is very tiny (in most cases). Therein lies the answer to our question. “Not because firms are charitable, but because a high price means poorer countries buy nothing, while any price above marginal cost is still profit.” Thus: “This type of price discrimination is good for poorer countries, good for pharma, and (indirectly) good for the United States: more profits mean more ...

The Partition was supposed to have been a solution for the Hindu-Muslim animosity, writes Sam Dalrymple in Shattered Lands . Splitting into separate countries for each was supposed to avoid bloodshed.   But it didn’t help that the line was drawn by Radcliffe, a man who had never even been to India. Plus, Mountbatten insisted the boundary be made public a few days after the British left “in order to divert odium from the British”.   In Punjab, it led to widespread mutual killings (Gandhi’s presence and threats to commit suicide kept Bengal at relative peace), the very thing Partition was intended to avoid… ~~   Then Pakistan, now formed, declared that Muslims deep inside India, well, they were not Pakistan’s concern! So much for the nation for Muslims idea. Conversely, Muslims who moved to Pakistan found themselves not accepted, treated as outsiders, a problem that continues even today. ~~   The savage blood-letting of Partition would harden Pate...