Monday, March 28, 2011

New York Times: A Dog's Got To Eat

Image representing New York Times as depicted ...Image via CrunchBaseI am fond of the New York Times. Both NYT and I seem to like the same font: Georgia. I did not learn that from the New York Times, but the similarity lead to affinity. It is a great paper. If I could get only one source of news - thank God I don't, thank the wild wild web - the New York Times might be in contention. And I take hometown pride.

Reading articles in the New York Times feels like reading a book. As in, the quality is great. In most cases it is better than reading a book. Because many many people work on any one article. There is a lot of collaboration. Most books gets written by people who think they are smart enough that they can go solo.

I once read a tweet from someone from the New York Times - Indian dude - during the Gulf Crisis. He made it sound like he was going home after like a month. He said he had been working on this one article. The article took me five minutes to read. And I am like wow. You mean you and many others worked on this for a month? To give me a great five minute experience?

Sunday, March 27, 2011

Jagdish Bhagwati: Misplaced Criticism Of Yunus

Jagdish Bhagwati - World Economic Forum Annual...Image by World Economic Forum via FlickrThere is no doubt that Yunus has done pioneering work in the field of microfinance. It is not that others have not, but I do think he deserved the Nobel Peace Prize he was awarded. Not only did he do pioneering work, he scaled it. The Grameen Bank is huge in size.

But if Jagdish Bhagwati gives Yunus less credit than I would like to, I don't have issues with that. That is a matter of difference in opinion.

What I do have issues with is where Bhagwati pours down a dozen paragraphs siding with Sheikh Hasina in her crusade against Yunus, and then concludes in the final paragraph by saying good governance plays a more central role in poverty alleviation than does microfinance, something I agree with. I'd put good governance, education, health, infrastructure, job creation, and microcredit, in that order.