The problem with forbearance is that it always looks like a good thing to do until it stops working.
Interpretation
Forbearance may seem virtuous, but it can be counterproductive if it leads to inaction.
The quote by Raghuram Rajan highlights the delicate balance of forbearance, which is the act of exercising self-control or patience in difficult situations. While it can initially appear as a wise path to take, relying solely on forbearance may lead to stagnation or adverse outcomes if it prevents necessary action from being taken when the situation calls for it.
In practice
In a discussion on conflict resolution, one might refer to this quote to illustrate the limits of patience.
The U.S. should worry about the effects of its polices on the rest of the world. We would like to live in a world where countries take into account the effect of their policies on other countries and do what is right, broadly, rather than what is just right given the circumstances of that country.
Customers often value a good more when its price goes up. One reason may be its signaling value. An expensive handcrafted mechanical watch may tell time no more accurately than a cheap quartz model; but, because few people can afford one, buying it signals that the owner is rich.
Perhaps the hardest challenge has been to persuade the public, impatient for rapid growth, of the need to ensure stability first. Growth, it is argued, is always more important, regardless of the looming economic risks.
Too many years away from academia renders you pretty incompetent at research and teaching. So I had to go back.
The gap in India has always been between the promise and the execution.
Democratic accountability means that governments must be popularly accepted, with citizens empowered to replace corrupt or incompetent rulers.
Think of what's stored in an 80- or a 90-year-old mind. Just marvel at it. You've got to get out this information, this knowledge, because you've got something to pass on. There'll be nobody like you ever again. Make the most of every molecule you've got as long as you've got a second to go.
I have all my life long been lying in bed till noon; yet I tell all young men, and tell them with great sincerity, that nobody who does not rise early will ever do any good.
When you blame yourself, you learn from it. If you blame someone else, you don't learn nothing, cause hey, it's not your fault, it's his fault, over there.
The most exquisite paradox; as soon as you give it all up, you can have it all.
People don't realize what they had till it's gone. Like President Kennedy, there was no one like him, the Beatles, and my man Elvis Presley. I was the Elvis of boxing.
Logic will get you from A to B. Imagination will take you everywhere.
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