Archive for November, 2007
Dynamic Equilibrium
I keep wondering if this is stupid and wrong or brilliant and subtle. I will try to elaborate and deepen the idea in another post later. I have a feeling this may be something useful.
Bear with me for an outlandish thought experiment. Imagine an empty water tank with a special tap. The tap is special [...]
Filed under: Uncategorized | 2 Comments
Warm… Warmer…. Cold!
Ramesh Ramanathan writes in his column “What’s wrong with babus”:
I have long been a champion of people within government—both bureaucrats and politicians—almost to a fault. My views have been shaped by years of deep engagement with “the system”, during which time I have learnt first-hand about the enormous constraints that they work under. I [...]
Filed under: Incentives, Political Auction | 1 Comment
Steve Wozniak on iWoz
This is somewhat long, but it really moved me. Probably none of the genius, but I can certainly claim the same childlike enthusiasm myself. I ordered manuals and chip samples as well, though in my case it was internet registrations with fake company names, not postcards in magazines. Now, of course I am on the [...]
Filed under: Technology | Leave a Comment
Update:This letter appears in condensed form in the November 20, 2007 Mint.
Drawing inspiration from Don Boudreaux, I sent this letter today to Mint.
To The Editor,Mint November 1, 2007
Freising, Germany
In the column “Cafe Economics – Games hedge funds play, Niranjan Rajadhyaksha extends his support to the view that finds hedge funds in sinister light and central banks [...]
Filed under: Fatal Conceit, Indian Media, Inflation, RBI | Leave a Comment
