Rules
A rule achieves the exact opposite of what it i
Chakravyhuh
It is easy to get in a Chakravhyu than to get out. Hence before getting into a war formation, one need to know as when to get out or in other worlds – do not start a war when you don’t know how to finish it.
Mercenary as a leader
When a nation has “no skin in the game” policy makers whose reward, long term career and personal life are not aligned with India, these mercenary policy makers will run at drop of a hat. No nation has attained prosperity and long term leadership by having mercenaries at top leadership positions.
Covid19 Curve : Don’t Crush it, just Ride it!
First wave of policy decisions globally were driven by “flatten the curve” crowd and “extreme infection/death model” makers. However as the time passed, neither the curve flattened nor extreme infection deaths happened on predicted timelines (NewYork Officials had estimated that 140,000 hospital beds might be needed to treat coronavirus patients by 11th April 2020 but in reality only 18500 were in use as on 11th April 2020 (almost 86% lower) as per news in NewYork Times).
The Great Indian Tamasha
Imagine for a moment that you just got lucky. You have won some contest to own/manage a house. This house is not yours forever but you get to enjoy it with all perks as long as you remain its owner. However, ownership comes with a term limit of 5 years and need to be renewed every five years, if people in the house are happy with your conduct. So overall great. However, like with all good things, there is as usual a catch.
The original owners who drafted the will, were not so fond or certain of future owners. Hence they have kept a proviso that the house cab only be managed by caretakers. This provision is also needed for the fact that people who wish to become house owners, have no prior experience in managing a house but still a great desire to own house due to the perks.
The caretakers are selected through an elaborate exam which tests their linguistic skills and memory but not any other skill related to the management of the house. Hence while on paper it looks like that your job is to manage the house, in reality, your job is to manage caretakers. As you can neither hire caretakers, nor fire caretakers, you should rather amuse caretakers so that things run as smooth as they can. Caretakers being caretakers and that too being favourite of the original master, have their own style, privileges and fancies. So you have to be careful so as not to trip on their egos or manners as they have a power full association.
As far as caretakers are concerned, they keep on getting multiple masters for a variable duration, hence they have learned to live with such nuisance or rather mastered the art of managing these short term owner. Caretakers don’t have any ownership or any long term right and also no punishment, hence their focus like any other rational human being, is to maximise gain for themselves as they are more of backroom boys.
Caretakers also have some sort of contempt for the house owners and other occupants as they miss good old days of originals masters and rue the scenario of hoi polloi mastering over them. Further the owners can be real nuisance as they have no understanding of the house or how this can be managed but have lot of advice.
While caretakers are pretty good, they keep on getting transferred now and then, for example, somebody who was earlier in-charge of dusting is now head cook, while head cook has been given the task of a plumber and so on so forth. Further, there is no accountability for caretakers as to punish a caretaker, you need the help of other caretakers, and to make the matter more complicated, one can not hire outsiders as caretakers. So you have to
Covid19 & Economy
While there is much noise and lot of mathematical modelling on spread and damage by Covid19, there is hardly any crystal gazing when it comes to general economy.
The way things are, I think both side will turn up wrong big time.
Covid19 & Laws of Mathematics / limitations of modelling
What if Naseem Taleb and all experts of gloom & doom turn out to Malthus of our time?
While Taleb is a super genius guy, but he is extremely wired towards black swans or extreme events. The important thing to remember about models is that in the ned they are mere mathematical models only.
On Maths, remember what Einstein said
“As far as the laws of mathematics refer to reality, they are not certain; and as far as they are certain, they do not refer to reality.”
Income Inequality
Income inequality is caused by low food prices and high real estate costs. Paradoxically, this anomaly of keeping food inflation low is supported by economists and enforced by state.
India – The whataboutery nation
It is an age of whataboutery! Almost every week, some trend start on Internet about violence on muslims. Then there are equal story about violence netted out on Hindus. Curiously very few netizens (twitter handles) are outraged on both and one can see the separation or whataboutery. There are endless stories of justice rather lack of […]
Indian Economy 2019 Crisis : The Crisis of Consumption
Indian Economic Crisis 2019 a) Dr Manmohan singh when he kept it artificially inflated by evergreening the books rather than using that opportunity to fix the sector. Dr Singh is probably the only economist in the world who tried to run a country with high inflation rate (10%+), High NPA and high interest rate and yet considered […]
