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India’s Economic Future

Harsh recently wrote an excellent piece on how India’s economy will grow from the current $2.5 trillion GDP to $12 trillion by 2030. His prediction rests on on two planks: increasing participation of women in the workforce, and technological change….

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On Happiness

Happiness is what’s there when you remove the sense that something is missing in your life.

We are highly judgmental, survival, and replication machines. We are constantly walking around thinking I need this, I need that, trapped in the web of desires. Happiness is that state when nothing is missing. When nothing is missing, your mind shuts down and your mind stops running into the future or running into the past to regret something or to plan something. In that absence for a moment, you have internal silence. When you have internal silence, then you are content and you are happy.

– Naval Ravikant

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Instinct

Instinct is something which transcends knowledge. We have, undoubtably, certain finer fibers that enable us to perceive truths when logical deduction, or any other willful effort of the brain, is futile.

– Nikola Tesla

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The Frenzy Phase

Frenzy is the later phase of the installation period. It is a time of new millionaires at one end and growing exclusion at the other. The paper economy decouples from the real economy… the regulatory framework [turns] impotent. It is also a time of speculation, corruption and unashamed love of wealth.

– Carlota Perez, Technological Revolutions and Financial Capital

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Friction

Friction makes everything harder, both the good we can do, but also the unimaginably terrible. In our zeal to reduce friction and our eagerness to celebrate the good, we ought not lose sight of the potential bad.

– Link