Wednesday, October 16, 2013

Good read

Ashok Desai says "Raghuram Rajan made me think more with a 15-minute speech than his three distinguished predecessors did with their 15,000-minute perorations. He should keep his mind ticking."

Gurumurthy says "Reverence for elders and teachers coupled with their power to punish the deviant had helped to prevent deviance. But the modern state doesn’t trust parents or teachers to punish the deviant. Fostering reverence helps to prevent deviance. Deviance cannot be corrected by law. It can only be prevented and corrected by family and society. They need to be strengthened. But modernity weakens both." Read full article Modernity has failed to stop deviance

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