Friday, 31 January 2014

Give the unemployed a break

One of the great degrading experiences in life is to be without a job, apply hopefully for one, and not even get a response. The sense of emptiness, the feeling of no hope, is a low point in life. If you are in a position of being able to hire, at least send a rejection note politely worded and pointing out why they didn't fit your requirements. Call as many as possible for an interview (just the...

Friday, 24 January 2014

Bring on the Indian names

In Rendezvous with Rama, arguably the greatest science fiction book of all time, the spacecraft is called Rama. Arthur C Clarke, the legendary science fiction writer, casually throws in that since all the names of the Greek and Roman Gods had already been taken in astronomy, they had turned to Hindu names - and hence Rama. Arthur C Clarke was a great predictor of future events, although he wrote...

Sunday, 12 January 2014

Let's go to Vegas

Next January, I am thinking of going to Las Vegas. No; not for the showgirls, but to go to the Consumer Electronics Show - the annual jamboree of the tech industry. This has been a feature for a number of years, showcasing all the new technologies that companies are working on, or the new products about to be launched. I have little interest in all this new technology (seriously, we can do with a...

Wednesday, 8 January 2014

Everybody loves a freebie

When I am given a freebie, its a perfectly justified economic act (and I will riot on the streets if it is withdrawn) , but if you are given a freebie, then its economic mismanagement, populism, wasteful expenditure, etc etc. This is the economic philosophy of most Indians, and in reality, most of the people in this world. This post is a response to the criticism of the raft of freebies granted...

Monday, 6 January 2014

Corporations and human rights

This blogger was listening to his favourite programme From Our Own Correspondent on the BBC - easily one of the finest radio programmes the world has ever seen. One of my favourite correspondents, Humphrey Hawksley was filing from Hyderabad on the plight of those who work in brick kilns.  And then he casually hinted that British companies might somehow be held accountable for this ! This set...

Saturday, 4 January 2014

China's debt problem

If you have seen, or heard about, China's wonderful infrastructure, have you wondered where the money is coming to finance all this ?  The laws of economics apply equally to China, as to the rest of the world. There is no free lunch. So where is the money really coming from ? This is a complicated question ; China's economic model is not easy to grasp for any outsider, but perhaps we can take...

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