In economic theory, outside of capital markets, “liquidity” is a topic that isn’t spoken about as much as it should. While I’m no academician to set this right in theoretical circles, I’ll make an attempt to help my readers what the fuss is all about. Well past midnight, when you exit a mall after having [...]
It was a year and a half back that I bought this desktop that I’m writing this post on. Given that the desktop was to be placed in my study, and the modem is in the drawing room, the most intuitive thing for me to connect up this desktop was to buy a USB wi-fi [...]
Following a brief discussion on twitter with @deepakshenoy I’m wondering what’s preventing the RBI from making the rupee fully convertible. The usual argument for full convertibility is that it will make the exchange rates volatile. My argument is that exchange rates are already so volatile that the additional volatility that could stem out of a free [...]
Every time we clean up our house, which is quite frequent I must say, there is a bunch of stuff that we want to throw or give away. Being rational beings, each time we look to maximize the returns we get out of whatever we don’t need, and hence go around looking for people who [...]
… is that private players who are providing those goods have an incentive in blocking attempts by the public sector to provide those goods. For the purpose of analysis, let us take the example of Gurgaon, both because I’m reasonably familiar with it and because it has been in the news in the international media [...]
Earlier today, I had to urgently send a package to Mumbai. I was recommended that I use Bleudart since they guarantee next day delivery, and off I went to the Bluedart collection centre near my house. There, I learnt that there were 3 options. For two hundred and eighty rupees (what I ultimately picked) I [...]
Some habits are hard to change. One that is especially hard to change is bargaining for vegetables. I was trained well, I must say, in the bazaars of Jayanagar 4th Block Shopping Complex. I was taught that one needs to do a full round of the market before making any purchase, in order to understand [...]
I’m married to a Bharadwaj. To put it another way, I’ve “bailed out” a Bharadwaj. Let me explain. There is a concept of “gotras” among “Caste Hindus”. Each person is supposed to have a paternal ancestral line to a rishi, and that rishi’s name is your gotra. For example, I’m supposed to be a descendant [...]
Ok the second word in the title doesn’t refer to B-school slang. It means “global” in the true sense of the word, and has nothing to do with what my father used to call as “bulldology” (derived from the kannada word “bullDe” which essentially means “globe” (in the B-school sense) ) Ok so the story [...]
So over the last few days there have been several people who have met or called me and asked what gift Pinky and I want for our wedding. Hari the kid, one such caller, even suggested that we need to make a wedding wish list and put it up on our wedding website or something. [...]
