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.
Pour some water into a tub and stir it up. Now try as hard as you can to calm the water with your hands; you will succeed in agitating it further. Let it stand undisturbed a while, and it will calm down by itself. The human brain works much the same way.
I never waste time looking back.
One of the few graces of getting old - and God knows there are few graces - is that if you've worked hard and kept your nose to the grindstone, something happens: The body gets old but the creative mechanism is refreshed, smoothed and oiled and honed. That is the grace. That is what's happening to me.
Truth was the only daughter of Time.
It's almost like the better I do, the more my feeling of inadequacy actually increases, because I'm just going, 'Any moment, someone's going to find out I'm a total fraud, and that I don't deserve any of what I've achieved. I can't possibly live up to what everyone thinks I am and what everyone's expectations of me are.'
When I am getting ready to reason with a man, I spend one-third of my time thinking about myself and what I am going to say and two-thirds about him and what he is going to say.
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