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.
Imagination grows by exercise, and contrary to common belief, is more powerful in the mature than in the young.
Pray to God that your attachment to such transitory things as wealth, name, and creature comforts may become less and less every day.
Wisdom makes a slow defense against trouble, though a sure one in the end.
You have to trust yourself, not research. Not testing. Testing helps, but you have to trust your own taste. If your taste says something isn't any good, don't let research rationalize that out of its own truth.
Words are really powerful. I don't believe that axiom at all - words can absolutely hurt you. Words can wound. They can do a lot of damage. I think they can do way more damage than sticks and stones. I'll take sticks and stones.
I have learned to live each day as it comes, and not to borrow trouble by dreading tomorrow.
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