Thinks 517

FT: “It was France that gave the world the concepts of the left and right in politics. Now it is France that is leading the way in the destruction of this divide and its replacement by a new politics, one in which the two dominant camps are nationalists and internationalists…Patriots vs globalists replaces the left-right divide.”

Heather Heying: College is not a random walk through ideas, exactly, but it can be—and I believe often should be—a haphazard one. A person may enter college with ideas and plans, but those ideas and plans should be capable of changing with exposure to the wide world of intellectual activity that an institution of higher ed offers…The haphazardness, in the undergraduate’s haphazard walk through ideas, is an intrinsic part of the value. It’s like finding a book in the stacks at an actual library, and then walking down the row while keeping your eyes open, turning right, then left, then left again, until you are in a wholly different section, but your eyes are still open, and you find something you did not know that you were looking for.” [via Arnold Kling]

Raghuram Rajan and Rohit Lamba: “The ‘I’ in India should stand for individual not group identity…Because of the ease of organising politically around traditional group identities, the balance between individuals and traditional groups our leaders sought has shifted towards the latter. On the positive side, socially underprivileged groups have been able to bargain for their share of the collective pie, using the power of the group’s vote. Consequently, inequality has fallen. But there are also downsides to emphasising group identity. For instance, some members of a caste may be in a village, poorly served by a local government school, while others may be in a city, with plenty of good schooling alternatives. It is very hard for the caste to unite on the issue of remedying the quality of schooling. It is much easier for it to unite on the issue of reservations in government jobs. Put differently, groups find it easier to demand a larger share of the existing pie, rather than push to alter individual circumstances that would enhance the pie and thus the individual’s piece.”

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Rajesh Jain

An Entrepreneur based in Mumbai, India.