Did you know about the Dunning–Kruger effect? It is a cognitive bias where people with low ability, expertise, or experience tend to overestimate their ability or knowledge. We often face this psychological paradox in life: less competent people see themselves as professionals and qualified, while more competent people tend to doubt themselves and their abilities.The... Continue Reading →
If you haven't watched it, do watch…and maybe watch again! This session is from 2018 when Indian Rupee had slightly depreciated to level of 72. Today 4 years later it has depreciated to 82, so this session is even more relevant today. https://youtu.be/DY6ANgPfDUA
Of late my screen time has reduced considerably - not just laptop, but even mobile phone usage is much lower than what it used to be 3 months back. It's not by coincidence; I've been actively working towards it. One one specific day in August 2021 my Screen Time as per iPhone statistics was 7... Continue Reading →
I recently came across this interesting TED talk by the Oxford Economist Kate Raworth on the sustainable, regenerative and distributive economies. https://www.youtube.com/watch?v=Rhcrbcg8HBw Here is a longer version of her idea "Doughnut Economics" where she beautifully explains constraints or shortcomings of the Economics of the 20th Century. https://www.youtube.com/watch?v=ZZnyZuiesMY A few years back I had written a... Continue Reading →
One of the better outcomes of COVID-19 and lockdown is a sudden and sharp rise in online talks, interviews and conferences. Some really good shows have happened since March 2020. Some old talk shows have morphed into the online chat - for example Karan Thapar's chat show, Algebra etc. One such important show is Manthan... Continue Reading →
I came across this extremely sharp and critical interview of Dr. Rathin Roy by Karan Thapar. There are many thoughts, points to ponder. Don't miss this: https://www.youtube.com/watch?v=oE48XvvJlrM&t=3026s
I don't read daily newspaper with the same enthusiasm or purpose any more. I do read it for trivial news updates, but not for being informed about world events or for forming views/opinions. Firstly, daily newspaper had become way more outdated for that, particularly in the age of Social Media where news is fed and... Continue Reading →
The “Vision” Thing - Lecture by Raghuram Rajan https://brown.hosted.panopto.com/Panopto/Pages/Viewer.aspx?id=0b3ff73b-36a0-46c5-8455-aadf010a3638
Dr Thomas Sowell, Americal Economist born in 1930, is a living legend! In our Economics classes I don't remember our Professors talking about him much. Or maybe they did so in passing and I didn't notice. So I was torally unaware what a genius this man is! I discovered him during last year through Twitter... Continue Reading →
Today in 1995: Internet services were launched in India by Videsh Sanchar Nigam Limited. The rate chart: Average cost of 1GB of mobile data in the world 2019: India is 1st @ $0.26 per GB, in comparison, Canada $12.02, USA $12.37
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