Warrier's Friends' Collage, July 26 : Part II
Welcome
To
Warrier's Friends'
COLLAGE,
July, 2026 : Part II
Good Morning
A
Random Reading : Voltaire
Last week, one day, I was skipping through the pages of "Candide and Other Selected Writings" by Voltaire (2022 edition, Rupa).
Read the short story "An Adventure in India" again. The advantages of bailing out one's writing as story are many. One can mix fiction, satire and reality in a pre-decided proportion.
Synopsis :
Voltaire's short story "An Adventure in India" (often included in his short romances) is a philosophical tale where the Greek philosopher Pythagoras travels to India. He converses with locals, witnesses religious fanaticism, and experiences the deep wisdom and contradictions of ancient Hindu traditions.
Here is how the main events unfold in this classic Enlightenment satire:
The Journey: Pythagoras travels to India on a quest for ultimate wisdom, meeting local Brahmins (scholars/priests) to learn about ancient sciences and philosophy.
The Oyster and the Herb: He famously encounters a talking oyster that philosophizes on the nature of being, and an herb that claims to know the secrets of the universe, mocking anthropocentrism.
Religious Fanaticism: Amidst the peaceful pursuit of knowledge, Pythagoras is horrified to witness a mob attempting to burn two Hindus at the stake for perceived religious transgressions.
The Moral Outcome: Through these absurd and perilous events, Voltaire uses Pythagoras to expose the folly of human ignorance, the cruelty of religious intolerance, and the contrast between rational philosophy and dogmatic superstition.
Voltaire wrote this story during 18th Century. If he was writing the same story today, many would refuse to accept it as a part of literature and at the outset, trigger debates on Voltaire's motives, religious beliefs, political affiliation and so on.
B
Monetary Policy
RBI Monetary Policy : In the Right Direction (by M G Warrier) Published in TGA, Sept 18 issue https://share.google/JXFq7lBW5nza7FGsm
This article was published in September 2018.
Now read my response in ET on July 7, 2026 :
Chat Room*
Dear RBI, Let's Talk Monetary
Apropos "A Little More Conversation" by Mythili Bhusnurmath (July 6), a call for more openness in the formulation and implementation of monetary policy by RBI is timely.
Perhaps the architecture of the policy formulation mechanism in RBI has got decoupled from that of Federal Reserve in recent times. In the process of setting up MPC, without disturbing the statutory expectations from the central bank, GOI ensured that the deciding voice in monetary policy formulation will remain with government. This has almost silenced the 'Open Market' spars between RBI and GOI.
Stakeholders other than GOI can contribute more in monetary policy formulation by proactively responding to RBI's formal policy announcements.
M G Warrier
Mumbai
*Published on July 7
C
Proverb :
Proverb by J.G. Holland :
"God gives every bird its food, but He does not .." is a reminder that opportunity still requires effort | - The Times of India https://timesofindia.indiatimes.com/life-style/books/features/proverb-of-the-day-by-j-g-holland-god-gives-every-bird-its-food-but-he-does-not-is-a-reminder-that-opportunity-still-requires-effort/articleshow/132140088.cms
D
Tailpiece :
Question :
"A genuine doubt.
Why are some members so particular of inflicting their reading experience and expertise on others. Can they not read quietly whatever they like to read and keep quiet instead of sermonising a mundane activity?"
Me : "Better ignore them. Someone may answer your question and send a bill claiming professional charges😂"
M G Warrier
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