The ethics of medical marketing

Is it ethical to sell medicines in the same way as you sell soap ? A trivially put , but troubling question. Consider the arguments for and against. The problem in the medical industry is that the consumer, in most cases, is absolutely ignorant and is completely reliant on a doctor's opinion. But it is not the doctor who is paying - it is the consumer. At the time of consumption, the consumer...

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When two arrogant heavyweights meet

In the blue corner - the gigantic gorllia, sometimes the most valuable company in the world. The inventor of the smartphone and the giant who believes that you can have any colour you want as long as it is black or white. Yes it makes a great product, but then behaves like a monopolist - sets prices , forces you and carriers, charges an absolute bomb and snubs India, launching its product whenever...

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Oh Yes, Wait a minute Mr Postman

There are some endangered species in  the business world. One is the Secretary - gone are the good old days when an Amazon or a pretty young thing (you had a choice) would guard the entrance to your cabin, get you tea, organise your wife's kitty party, bring a shorthand notebook and take dictation...

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United States beware - you have twisted Ramamritham's tail

The recent diplomatic spat between India and the US, should normally not be the subject matter of this blog - it having nothing to do with economics or business. However, since the nuclear weapon of Ramamritham has been invoked by India, it now falls into the realm of comment here, considering rhe world beating expertise this blog has on that venerable gentleman. In case you have not been following...

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I love Samoa Air

I am likely to vote for Samoa Air as the best airline in the world. I have never flown the airline, nor have I been to Samoa. So why this sudden fancy ? Its because I just discovered that they charge passengers based on their weight ! I have traveled many a long mile on planes and can be considered...

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How about a WTO deal inside India

If you can get 159 people to agree to anything, you must be a magician. Well, Roberto Azevêdo, did just that. The Brazilian is the Director General of the World Trade Organisation and today 159 countries agreed to a treaty. For years and years, nothing but bickering has the been the result - in Geneva, in Seattle, in Cancun, in Doha.  But at last in Bali today, something has been signed. Modest...

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Blimey ; what a spectacular trade deal

The sight of David Cameron, prostrating himself flat at the feet of the Chinese "emperors" is a beautiful reminder of the state of affairs of the British Empire. To understand the context, about a year or so ago, David Cameron had the temerity to meet with the Dalai Lama. Now anybody who even smiles...

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Send Ramamritham to Mars

Statutory Warning : This piece is not a sober, reasoned, point of view. It is an unadulterated rant. It may be highly biased and devoid of much logical argument. But , what the hell, once in a  while a blogger deserves a good yell. So here goes I wish the Indian Space Agency had hit upon the idea of sending somebody with a one way ticket in the recently launched Mars expedition. I would have...

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Hooray Hooray; It was not a holiday !

I never thought that my Nobel Prize winning poetry ( !!) , featured in the previous post,  would so fox my readers. No my dear ladies and gentlemen , No, I was not on a holiday. I did not go trekking in the hills. I was not marooned on Robinson Crusoe island. I was not a trillion miles away from civilization. I was in the People's Republic of China. And all of the facts mentioned in my "poem"...

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