Tag Archives: Ayn Rand

Nabokov’s Little Girl

I really love Nabokov ‘s description of a 12 year old girl. Nabokov claims that he did not know any such girl when he wrote “Lolita”. I do not know how great writers do it:
“We washed zillions of dishes. ‘Zillions’ you know is schoolmarm’s slang for many-many-many-many. Oh yes, last but not least, as Mother says — Now let me see — what was it? I know we made shadow-graphs. Gee, what fun.”?

I don’t read much, but I have read the Harry Potter series a zillion times.

From Krishnapriya’s Orkut Profile:

Favorite Writers: Marquez

Enjoyed, but not appreciated: Mario Puzo, Ayn Rand.

Paulo Coehlo is great.

And I love Dan Brown. Why? Dan Brown is cool, and he knows the stuff.


“You know, I missed you terribly, Lo.”

“I did not. Fact I’ve been revoltingly unfaithful to you, but it does not matter one bit, because you’ve stopped caring for me, anyway. You drive much faster than my mummy, mister.”

“The word is incest,”said Lo—and walked into the closet, walked out again with a young golden giggle, opened the adjoining door, and after carefully peering inside with her strange smoky eyes lest she make another mistake, retired to the bathroom.

How Inflation Fell

UntitledMore than a year ago, I wrote:

“In professions in which perceptions matter, real skills are not valued much. But, no amount of rationalization can change the fact that real skills do matter. In economics, theoretical competence matters. Intelligence and rationality matters. Raghuram Rajan is supposed to take charge as the Reserve Bank Of India governor today. On Twitter, I see many people who question his citizenship and lack of central banking experience. But, Raghuram Rajan is an extremely competent economist. In India, this is not the norm. Ben Bernanke, the current chairman of the Federal Reserve is a talented American economist who understands the importance of inflation targeting. Perhaps it is true that Bernanke and Greenspan did not live up to their potential. But, the first essay on monetary economics many Econ nerds read when they were teens was the previous Fed Chairman Alan Greenspan’s “Gold and Economic Freedom”, because it was published in Ayn Rand’s non-fiction collection. Almost everything that is being written on inflation in the mainstream media is nonsense, but this paper of Raghuram Rajan and Eswar Prasad is brilliant.

Untitled2A lot of people were saying that one man alone cannot do anything, as if inflation is beyond the control of the RBI. But, look at the results.

Why Do Government Enterprises Work So Well?

wordcloudgovfreshIf there is a huge disparity between what people say and what people do, the people who take words quite literally will be the first to notice it. What would the literalists do? The literalists will exaggerate the disparity between the words and actions of people. The literalists are “sincere” because if people do not really mean what they say, God only knows what they might do—Or so they think.

When the literalists notice that the government is a bunch of robbers and mass murderers, they perhaps assume that the bureaucrats and politicians have verbalized their true motives, and have set out to rob and murder people. This is not surprising. They take words literally, and often refuse to act upon motives that they have not yet verbalized.

But, even if the libertarians do not make such extreme assumptions—they almost never do—they do not have much insight into how a politician’s or a government official’s mind works. So, are these politicians and bureaucrats trying to defraud people? Are they trying to serve the masses? Neither? Then, what? If the truth lies somewhere between these two point of views, where does the truth lie? I cannot tell. From what I know, Mr. Libertarian could not either. So, when they see this disparity, the libertarians are outraged, and cannot help exaggerating the disparity between theory and practice. Continue reading

The Niche That She Found

tumblr_me72yeT3W81rlif9vo1_500If Howard Roark were an architect in India, he would have been lynched by the mob. In The Fountainhead, Howard Roark is a kind, gentle man with strong values and principles. But, in a country where humility is considered the fundamental moral virtue, they would have sent this arrogant young man to a lunatic asylum, to see to it that he is salted away for a very long time. He could not have reached them through rational arguments. It is not surprising that the “mystic muck of India” evoked nothing but contempt in Ayn Rand. I do not blame her.

But, for many young Indian men and women, Howard Roark epitomizes individualism and character strength. There are ardent socialists who consider Ayn Rand the greatest novelist in history. Much to the chagrin of their boyfriends, many women want their men to be like Howard Roark. A collegemate once told me, “Women do not know that it is not possible for a man to be Howard Roark. He can only pretend to be Howard Roark. Hell, he can’t even pretend to be Howard Roark.”

As a teenager, whenever I felt depressed, I turned to Gail Wynand for inspiration. Once when I met a girl who has the same cognitive and personality traits of that of mine, she told me that her favorite novelist is Ayn Rand, her favorite novel,The Fountainhead, and her favorite fictional character, Gail Wynand. It is strange. For nearly four decades after the Indian Independence, every aspect of the Indian economy was “planned” and “regulated” by the socialistic state. The economy has become far more liberalized in the past two decades, but India’s is still one of the most controlled economies in the world. Virtually every literate Indian has heard of Karl Marx. Karl Marx’s political views are much closer to the typical Indian’s than Rand’s. Outside the market niche she has found, Ayn Rand is virtually unheard of. Yet, Ayn Rand outsells Karl Marx by sixteen-fold in India. This is in all likelihood an understatement because I first noticed her works when I was a teenager, in a rickety street stall in a small town. Those were pirated copies.  Continue reading

Selling Libertarianism

My beautiful blog recieved an honorable mention in the Thorpe-Freeman contest:

Honorable mentions to both Russell Hasan and Shanu Athiparambath. Meanwhile, Athiparambath’s comments regarding “On Selling Classical Liberalism” (Alberto Benegas-Lynch, Jr.) tempers Lynch’s article with the observation that “a great work of literature can have mass appeal even if the reading public disagrees with the underlying philosophy” and illustrates his point with the popularity of Ayn Rand’s works. His statement that “academics tend to believe that there is a conflict between entertainment and respectability” refers to just one of the ways in which intellectual hubris can lead us to underestimate the public’s ability to absorb and understand.