Thinks 23

12 Principles of International Trade: by Donald Boudreaux. “Government officials often have incentives to pursue policies that yield benefits to special interest groups while damaging the citizenry as a whole. In few policy areas is this lesson’s validity proven more regularly than in trade policy. Protective tariffs and export subsidies enrich a narrow sliver of politically influential producers at the larger expense of the general public.” This is what we have now started to see in India – a return to the 1960s and 70s.

Arnold Kling on Content Moderation

Jim Collins on Story-telling: “The story is the, is the, is the human vessel for teaching an idea. There are maybe 30 different stories you could pick to help somebody really grasp an idea, but picking the right one for the right audience at the right time, that I think is the art. Take The Illiad, which I’ve read multiple times. It is a story about honor. But maybe if you want to communicate the same idea, you instead teach about Katharine Graham taking over The Washington Post and facing this really difficult choice after her husband had committed suicide. She has to step outside the walls and, and, and fight for what is dear, which is the soul of The Post and its role in the world. And, and that’s a human story, right? But it ties into something deep and timeless.”

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Rajesh Jain

An Entrepreneur based in Mumbai, India.