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Rational Fools
Nobel Prize winning economist Amartya Sen, coined the term “Rational Fools” nearly 35 years ago. In his famous paper, Sen criticized the first principle of economics: “Every agent is actuated by only self-interest”. On top of this axiom of rational self-interest lie rational action and rational expectations, leading all the way up to the efficiency…
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Dilip Kumar: The Chekhovian Amateur who redefined acting
Anton Chekhov revolutionized modern playwriting and short stories. And he is one my favorite writers. Thus, I remember being confused when I first read that Hemingway had said the following about him: “Chekhov wrote about 6 good stories. But he was an amateur writer”. I have never quite been able to understand why Hemingway called…
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Mandela and the Sisyphean quest for freedom!
It was a hot summer’s day. I remember standing in front of his cell in the Robben Island prison. He spent eighteen years of his life there. The cell was very small and a bucket had been provided to him for excrement. But this is not what moved me. What has stayed with me is the…
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The Ship of Theseus sails in Water (and not H2O)
The difference between natural language and the language of science The problem of reference in philosophy deals with relations of words to the world. Do words correspond to some mind-independent objects in the external world? In the following text, I propose the thesis that “reference” is one area where science and everyday affairs take sharp,…