Walter Russell Mead writes: Another spring, another set of political crises in the Arab world. This time autocratic rulers, long past their “sell by” dates, have fallen in Algeria and Sudan. In both countries, factionalized ruling elites, insulated for decades from political pressures other than backstairs intrigue, now scramble to satisfy angry throngs of protesters without any idea how this can be done. – Wall Street Journal
The Greco-Persian Wars, Part Five: The Destruction Of Athens
with Victor Davis Hanson via The Daily WireAs Xerxes' victorious legions triumphantly marched into Attica, panic swept the countryside. An estimated quarter million women, children, and elderly fled the region in one of the largest mass migrations of the ancient world. Themistocles decreed Athens must be abandoned. The entire population of the city and its immediate surroundings, some 100,000 souls, evacuated to the rugged island of Salamis where, as historian Victor Davis Hanson writes: “They were gambling that their own seaman, along with the still unconquered Greek allies from the Peloponnese, could wreck the Persian fleet before they all starved—and before the onset of autumn.”
Raghuram Rajan On Why Minimum Income Works, And The RSS' 'Threat To India'
with Raghuram Rajan via Money Control Hoover Institution fellow Raghuram Rajan talks about why the economic system looks broken and how to fix it.
Snigdha Poonam and Samarth Bansal write: India is facing information wars of an unprecedented nature and scale. Indians are bombarded with fake news and divisive propaganda on a near-constant basis from a wide range of sources, from television news to global platforms like Facebook and WhatsApp. But unlike in the United States, where the focus has been on foreign-backed misinformation campaigns shaping elections and public discourse, the fake news circulating here isn’t manufactured abroad. – The Atlantic
Harry I. Hannah writes: India in particular may be able to exploit the differing perspectives to position itself between the United States and China to maximize its strategic autonomy. New Delhi may seek to triangulate between the two competing hegemons, actively courting them to extract maximum benefit, and bolster its global influence in the process. Indeed, in some ways this strategy is already being employed. This reflects continuity with long-established Indian “non-alignment” preferences, but it will likely slow the burgeoning U.S.-India strategic relationship and frustrate any emerging détente between New Delhi and Beijing. – War on the Rocks
Lok Sabha polls 2019: Bharatiya Janata Party’s unsustainable Muslim bashing
Sadanand Dhume | Times of India
Truthiness and India’s elections
Sadanand Dhume | AEIdeas
The comedian Stephen Colbert coined the word “truthiness,” which the dictionary defines as “the quality of seeming or being felt to be true, even if not necessarily true.” In India, “truthiness” appears to be the flavor of the day. It’s one reason why the Bharatiya Janata Party ought to be quietly confident about returning to power.
V. S. and Shiva Naipaul exposed the contradictions of Third Worldism.
Incoming AEI President Robert Doar on poverty, think tanks, and the future of AEI
Matt Winesett, Robert Doar, and Spencer Moore | "Banter"
Hindu Nationalism Taps Into People's Longing For Tradition: Rajan
with Raghuram Rajan via Business Standard (India)Tracing the rise of populist nationalism worldwide to the diminution of the community at a time of heightened economic worries, former RBI Governor Raghuram Rajan says that liberal "open-acess" values are under threat in India from the Hindu nationalist movement which taps into people's desire to anchor themselves to tradition in a context of rapid change.
Why Do People Hate Finance?
with Raghuram Rajan via Forbes IndiaIt's important for young finance professionals to understand the weaknesses of the Indian financial system, for them to take the industry forward.
Most current constitutional monarchies have become indistinguishable in most characteristics from republics, and some republics have the attributes of monarchies.
In Defense of Best Practices by Michael Lortz
Policy and You: A Guide for Intelligence Analysts by Brian Katz
The Indian government’s worst numbers
Derek Scissors | AEIdeas
Modi’s India doubles down on Hindu nationalism
Max Frost | The National Interest
Boundless Aspirations: The Republic Has Promises To Keep
quoting Raghuram Rajan via The Times of India
This year, India’s 70th in its existence as a republic, is also the year its economy is billed to overtake that of Britain in size, and become the world’s fifth largest economy. Of course, there could be pitfalls on the way in this, an election year. India could easily spook investors if, say, the Modi government were to raid RBI’s reserves now that Urjit Patel – its ‘inconvenient’ governor – is out of the way; or if elections were to lead to its replacement by an impossibly ‘khichdi’ government.
Raghuram Rajan: 'The 7% Growth That We've Achieved Is Not To Be Sneered At'
with Raghuram Rajan via Hoover Daily ReportHoover Institution fellow Raghuram Rajan discusses a wide range of issues, including the need for the next wave of economic reforms, the reality of India’s ease of doing business, and consolidation in the banking sector.
Raghuram Rajan Talks About Challenges To Revive Real-Estate In India
with Raghuram Rajan via Hoover Daily ReportHoover Institution fellow Raghuram Rajan discusses several issues including the 2019 elections and how government policies affect India's economy.
Disparities Divide People, States And The Country
with Raghuram Rajan via Hoover Daily ReportMore than seven decades have passed since India’s Independence on August 15, 1947. The country has gradually become the world’s sixth-largest economy in terms of nominal GDP and the third-largest in purchasing power parity. After the 1991 economic liberalisation, India achieved 6-7 per cent average GDP growth annually. The country, according to former Reserve Bank of India governor Raghuram Rajan, is likely to become bigger than China in the long run.
Raghuram G. Rajan Says Capitalism's Future Lies In Stronger Communities
by Raghuram Rajan via Chicago Booth Review What is the third pillar?
Raghuram Rajan: How Markets And The State Leave The Community Behind
with Raghuram Rajan via Brookings InstitutionAs markets are embedded in a web of human relations, values and norms, they are impacted by human events. Indeed, throughout history, technological advancements have displaced the market from its traditional webs, precipitating sometimes violent backlashes and periods of surging populism. Currently, the strain of globalization and technological shift is both reflecting and exacerbating the polarizing political tensions so evident around the world today.
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