An India-Japan comparison

In ‘Free to Choose,’ Milton Friedman—the poster boy of free markets and the favourite punching back of the left—makes an interesting comparison between India’s 30 years after independence and Japan’s 30 years after the Meiji Revolution. At these respective moments in time, both countries were similar in terms of their rigid feudal/caste structures, limited natural … Continue reading An India-Japan comparison

Bananas, Beaches and Bases

During this era Singapore Airlines, a government company, ran a centerfold advertisement that featured an Asian woman of somewhat vague ethnicity. She could have been Chinese, Indian, or Malay. She stood in a misty, impressionistic setting, looking out at the reader demurely, holding a single water lily. There was no information about the airline’s fare … Continue reading Bananas, Beaches and Bases

The Underbelly of the EV Revolution

When something sounds too good to be true, always be suspicious. The incoming revolution in the transport sector heralded by Musk revolutionizing EVs - by making them an object of desire – has been touted as the best thing to have happened to mankind. While the energy to power these vehicles will someday be ‘clean’, … Continue reading The Underbelly of the EV Revolution

The Dust Bowl

During the Great Depression, a decade of droughts and severe dust storms caused an ecological phenomenon called the Dust Bowl in the United States. Oklahoma, Texas, New Mexico and Colorado were gripped by mass rural impoverishment. The situation became more fraught as the period coincided with the introduction of mechanized farming pushing thousands into penury. … Continue reading The Dust Bowl