An interesting survey of 54,240 students applying to British universities; popular opinions amongst the students or our future leaders are:
For a moment, forget about the technology that Google creates and focus on the innovative business model — Google as a cluster company — a core plus lots of small startups; and as a VC.
The affluenza virus has been around since atleast 10,000 B.C, yet it is little understood; are you suffering from it?
Adam Smith, the founder of classical economics, was certain that humankind’s knack for monetary exchange belonged to humankind alone. “Nobody ever saw a dog make a fair and deliberate exchange of one bone for another with another dog,” he wrote. “Nobody ever saw one animal by its gestures and natural cries signify to another, this is mine, that yours; I am willing to give this for that.” But in a clean and spacious laboratory at Yale-New Haven Hospital, seven capuchin monkeys have been taught to use money, and a comparison of capuchin behavior and human behavior will either surprise you very much or not at all, depending on your view of humans. From NY Times.
Balaji’s article is one of the better bits of analysis on the Indian economy I’ve read recently. note: with my financial background hat on!
A business & strategy viewpoint by world famous “thinker” C.K. Prahalad that I’ve just started reading is quite insightful. Having the advantage of being in 2007, five years since it was originally published in 2002, gives an opportunity to evaluate its vision and thus also to extrapolate what is about to happen. Via Sramana Mitra’s blog.
A summary of interesting collection of thoughts by two authors who co-relate economics with general things in life. “He determined that in spite of the cottage industry of parenting and the millions of how-to books on the subject sold every year, who you are matters much more than what you do.” – Hmm, not sure if I fully buy that! Thanks to Gaurav for the recommendation.
Freakonomics: A Rogue Economist Explores the Hidden Side of Everything Summary
I don’t quite share the US nationalism of the author, but fully agree with his/her passionate article – consumerism is leading to US decline and we’re creating the biggest debt in human history for the next generation. Update: $100.60 spent for $100 earned.
India’s GDP growth in the July-September quarter rose to 9.2% year on year and this is encouraging, but there are signs of overheating – inflation has nearly doubled over the past 12 months; equity and housing markets look overbought; and the current account has moved sharply into deficit.