Posted by: ekta1007 on: February 16, 2010
There’s an interesting post by Anil Bokil and it proposes some fundamental reforms to deal with the corruption that has so badly gripped the grassroots of India . The Key highlights of the proposal – – abolish all taxes in the country except import and customs duties. - remove all currency notes above Rs.50 denomination from [...]
Posted by: ekta1007 on: February 12, 2010
India is a largely agricultural land. But given that, it is both ironic and shame that each year we have thousands of deaths due to malnutrition, starving, and farmer suicides. Here, I (attempt) to describe the anatomy of the increasing suicide cases year after year Problem – Farmer suicides due to inability to pay loans [...]
Posted by: ekta1007 on: February 10, 2010
Survivorship bias is the logical error of concentrating on the people or things that “survived” some process and ignoring those that didn’t.In other words , focusing on the victories to mask the wrong that has been done . That is to say masking the results of poor performing assets/instruments to cosmetically improve the appearance of the lot .That being said,it [...]
Posted by: ekta1007 on: September 1, 2009
There is a phenomenon that has long puzzed the economits view of the supply and demand, and it is the Giffen Goods . A Giffen good is termed as a good which people consume more of as price rises. If that be it, how is it that this class of good defies the supply and [...]
Posted by: ekta1007 on: March 17, 2009
There is this story about the earthen pot and the brass pot, where the brass pot proposed to the earthen pot one day that they go out in the world together. Fragile that it was, the earthen pot was reluctant, claiming that he would be safe by the fire. But the brass pot convinced the [...]
Posted by: ekta1007 on: March 12, 2009
Yesterday I met a collegue in the elevator , and whilst both of us were rushing to catch the evening shuttle, he exclaimed ” I missed it , already !” To which I quoted ” If you think you have, you have..” For a moment he stared at me, for although we happen to sit on the [...]
Posted by: ekta1007 on: March 11, 2009
Every time you write a blog, a book, a note, you want to outdo yourself vis a vis the last one. True with every thought that you share, you need to get better, organized , put in more refined thinking process at work. But there are times, you run out of the creative fuel, and [...]