Demand and Supply and the flip-smart syndrome. Reply

Some technologies are designed to fail you, so that you will want more and more of them, and you will be prepared to pay higher prices.

Laptops and girlfriends come to mind.

Lets just discuss the laptops. I originally intended the wrote up as a two line joke, which are not allowed in our civilized world, perhaps because we do not know how to deal with such, so let just go and discuss the laptops. You can replace that with anything of your choice. Lets say blogging is a technology invented to keep us busy and less harping about our day today problems and let capitalism has its sighs of relief.

The prices I have paid for my laptop, if I had saved them, I could have easily purchased a hatchback, in today’s time. Believe it or not. But the same laptops are now available at mere 30000. More…

Airplanes are cheaper modes of communication than auto-rikshaw. Reply

Per km fare of a typical airfare now a days could be Rs 3. That for an auto Rs 14.

If you were to (only hypothetically: spherical cow) continue to travel via auto for 1500 kms, you would spend far more for the fare this way, than for an airplane, in that proportion, apart from fatigue, time of travel, inconvenience and other contingencies.

But airplanes do look like auto, in some sense, usually 3 main places where wheels are located in an airplane? atleast asis visible right away, in the reverse order of an auto, although technically airplanes could have far more numbers of wheels. More…

MDASHF, how is it doing online. Reply

All in all, safely, only 2013 saw 50,000 people who followed and endorsed my online presence or who accessed my website contents. (since you can like a page once only using your f-b id and since website visits checks unique IP address, this is a unique individual stats, that is , most precise count of number of people)

#mdashf wants to offer its long felt gratitude. This was possible only because of goodwill of people. There was zero amount of publicity expenditure. Not a single dime was ever spent by me or to my knowledge anyone else towards publicity. I am open to generous grants by individuals or orgs, btw, if you want to support #mdashf. The only expenditures that were incurred was on website layout, theme, fonts, hosting charge etc and the use of fancy all-in-one computer, personal laptop and printers/scanners and yea: BSNL ISP More…

Simple Rules of Economics/Capital. Reply

A fantastic bilingual website from the state of Odisha. English and Odia. Very informative especially for entrepreneurs as the name of website speaks of: bepara.com, bepara (byapar) is Odia for transactions/business. Here is a fantastic article written in Odia which I am translating partly to English. I am also appending the article as-it-is in Odia script, as its a valuable and interesting article by the title “Some simple rules”

Source and rights with: http://bepara.com/965/

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“Some simple rules”

Rule of 72; An estimate of period by which capital gets doubled. “Annual compound interest rate” = 9% the 72/9 = 8th year gives “Capital doublization period”.

Rule of 114; Divide by 114, the interest rate (as above, compound interest rate) to get “Capital triplization period” (triplication)

Rule of 144; this gives like above period by which capital gets quadrupled (4 times “original capital” in 144/annual-compound-interest-rate)

Rule of 70; In how many days inflation can half your capital, is obtained by dividing instantaneous/current-inflation-rate by 70. (applied towards pension schemes) More…

Outsourcing, a resilient valiance or mistake of capitalism! Reply

The super layers of Asians or Indians, that actually are famous or rich in USA are the kind that actually lived in advanced countries for several decades. You hardly see graduate students driving BMW. But the American folks have a spendthrift attitude as well. Of-course its none of my problem, and to much extent I may or may not be so. But I am only pointing to a habit of saving rather than just spending. Many dark stories of 2008 when recession showed up everywhere we read horror stories on wall-street. One guy who had a mansion to live in works as a waiter pretty soon as he lost his job and had to pay back his credits. His friends were eating up in the same place and were shocked to see him serving. But thats just recession and not Outsourcing.

Much of India’s wealth did not come from Outsourcing but traditionally India has been a very rich country until last few 100 years when its wealth were plundered by its rulers. To add to India’s depression the population went 400% in a matter of 50 years after 1947 when Republic of India vowed to change its midnight culture, we thought since we are independent we can actually do anything including increase our population and have as many kids as we wish, we are truly innocent people. Who could have planned such demise except the statesmanship of leaders that we had. USA is also blessed with such self-aggrandizing capitalists. Who forgets Enron or Lehman Brothers?

American economy itself is to much extent one of immigration and outsourcing. Why the wild-cry? The African exodus that supplied the Americas its human resources for centuries is one of the most widely known forms of outsourcing.

I think America like in the great depression has evidenced it buckled up and showed itself to be a resilient economy, wraps up now or weep in blemish excuses that the same business activities that has supplied its nationhood power and valiance is to be considered a bane. More…

The 1 ppm mentality of India in education. Reply

This article talks about some educational paradigms of India but gives the following anecdote to the end.

Belated Happy Feynman Birthday. 11/may/2013. He was born this day in the year 1918. 8 years younger to my maternal grand father. Which is why I am always amazed by Feynman. My grand pa was a farmer in a village of India and a teacher, a renowned teacher at that in his locality. He was paralyzed in his last years and died in 1996. Thats again exactly 8 years after 1988 demise of Feynman. Hence they both lived exactly 70 years of age. They were both outstanding teachers and artists {my grand pa was a fabulous artist, a fact I had forgotten over the years, he drew many things for me when I was about 7/8 years old, including say Shiva or Ramayana, at an instant’s notice by me}, Feynman was a bright star in the Glove, my grand pa only in his locality which perhaps extended say 100 villages if not more. Feynman was a farmer in some sense because of his hard work. But my point is Feynman’s vigor. A fact of amazement, perhaps since Feynman didn’t grow in a village of India but the communities of advanced localities. Perhaps Feynman was simply the highest standard of exuberance. My grand pa was lively and funny and loving but Feynman was a womanizer. I don’t know about this secret of my grand pa. My grand mother always crushed my interest in knowing such matters. More…