Many kids or most kids should I say aspire to do their MBA. Sadly the MBA degree in India has too damn high a standard deviation. From the top range IIMs to the ones at the bottom, the gap is too much. The question is – if you are doing your MBA or have done […]
Anybody who comes on television says ‘there is a huge demand for infrastructure, so invest in infrastructure’ -brilliant argument, completely wrong. Experts, if you have forgotten your basic Economics, here is the answer: Demand = Need for a product + Ability to pay+ Willingness to pay. Let us look at another product: Pensions. Who […]
Let us call this basic economics lessons or Economics 101. This is something that all of us who are pretending to be understanding (ok, making an attempt to understand)…should know. Have not read a more humorous column about economics ever http://www.fool.com/investing/general/2010/05/28/economics-explained-in-90-seconds.aspx?source=ifesitlnk0000001&lidx=1