It is almost 4 days since RBI governor Dr. Rajan made his ‘back to academia’ decision public. Much has been said and still being pondered upon. I have read few articles and many social media expressions. And I simply lack the ability to summarize things in nice little sentences. So I am going to be little lengthy. I am not the guy who knows much about monetary economics or knows behind the scenes in policy-making. So clearly there are lots of mistakes. Please bring them to light. The purpose of this writing is majorly to clear my own head and secondly, reduce the unwarranted heat around me if possible. When I first come to know about the decision, I was saddened as if there is some loss. Then, because of some insensitive looking FB responses and my own pondering, I thought why I am thinking this as a loss and not as something that shouldn’t have happened in best case scenario. I don’t have proven argument to say that not having Dr. Rajan at helm wi
Guiding light for the philosopher is the consistency or non-self contradicting nature of arguments. This blog attempts to see the issues under consideration from the lens of consistency and contradiction. The objective is to point out inconsistencies and contradiction. Sometimes, I might suggest a possible improvement, but it is not an imperative.