But it can carry you from point A to point B. The Tata Nano.
The much anticipated Nano (a name I don’t really care for much) was unveiled today amidst much fan-fare. Touted by Tata as ‘the people’s car’, it is the world’s cheapest automobile. Additionally, if you are so inclined to think such manners, [...]
Via Marginal Revolution, this anecdote about ‘ticket insurance’ in Mumbai:
“My favourite ticketing system was in Mumbai, India,” Kim enthuses. “No one actually buys a ticket, but you can buy ‘ticket insurance’ from private entrepreneurs who work at the entrance of the station. The ‘ticket insurance’ is about half the price of a regular rail [...]
What does caste, Hinduism, IT jobs and cricket (all with reference to India) have in common ? They feature in two recent examples of rank poor journalism and grossly ignorant (perhaps deliberate) misinterpretation of India by western journalists. Therefore, opportunities to rant !
In brief, exhibit A: according to Paul Beckett of Wall Street Journal, [...]
An article by Ajit Balakrishnan (CEO of Rediff) in Business Standard has kicked up bit of a storm in the desi blog-circles. The original article talks about difficulties Mr Balakishnan encountered while attempting to start an industry-academia collaboration with a professor of computer science at the Indian Institute of Technology, Mumbai (IITB), Soumen Chakrabarti.
Landing [...]
The CEO of JetBlue airlines, David G. Neeleman, admitted to a failure in communications systems which led to over 1000 flight cancellations for over a week (including a full plane that was stranded on the JFK tarmac for six hours) after last week’s northeast snowstorms.
David G. Neeleman said in a telephone interview yesterday that his [...]
The Government of India, taking some precious time out from watching third-rate British TV shows to save the honor of fourth-rate Bollywood stars, has declared that cricket is of "national importance".
The Union Cabinet on Thursday approved an ordinance that makes it mandatory for private broadcasters to share live feed, without advertisements, of sporting events of [...]
Cross-posted from here. My not so subtle manner of letting people know that I am co-blogging at yet another blog. Details later.
Over at Marginal Revolution, Tyler Cowen outlines various options/scenarios vis-a-vis India and China’s fossil-fuel consumption (and consequent contribution to global warming) and possible responses from the US.
1. China and India are [...]
[UPDATED]
The recent decision by New York City’s Board of Health to ban the usage of trans-fat in all restaurants (and catering units) in the city bothers me. Ever since I heard about the initial proposal few months ago, I have not been able to decide whether it is a good or bad idea.
On one hand, [...]
Awarding a ‘Peace Prize‘ in a world full of conflict may sound like a twisted irony to the cynical mind like mine - but it is tough to argue against this year’s awardee. Muhammad Yunus and the Grameen Bank of Bangladesh has been fighting poverty where it really matters - on the ground, at the [...]
I am all for economists like Tim Hartford, Steve Levitt, Tyler Cowen and others popularizing a rather forbidding subject through books and blogs. But at certain times and instances, a line needs to drawn. For example Russell Roberts at Cafe Hayek links to a piece by Allen Sanderson, a lecturer in Economics at [...]
Alex Tabarrok at the Marginal Revolution points out to an article in the NYT about how existing economic conditions affect new graduates with their first job, and by extension their whole career.
Graduates’ first jobs have an inordinate impact on their career path and their "future income stream," as economists refer to a person’s earnings over [...]
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