Category: Insights
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Demand and Supply and the flip-smart syndrome.
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…
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Airplanes are cheaper modes of communication than auto-rikshaw.
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…