1. Going North or South ?
Which way is the economy headed ? Naina Kidwai, P Chidambaram and YV Reddy
Indicators of Economy
1. Gross Fixed Capital Production (GFCP)
2. Private Sector Investment
3. Credit Growth (Small/Medium)
4. Jobs (Macro/Anecdotal)
GFCP: Demonetisation has affected SME
Private Sector Investment: Downsized.
Credit Growth: Vibrant Banking Sector (Private)
Jobs: Labour Ministry created 20 lakh jobs. It has been the lowest in 20 years.
Joblessness is a measure of the economy. Job Growth is an indicator of the economy. Bank Credit Growth is the driver of Economic Growth.
Growth rate: 2002-2003: 8 %
2003-2008: 9 %
2015: 7 %
Government regulation should be consistent for the long term. For the time being future is uncertain.
2. Muhammad Yunus: A world of three zeroes. Fixing the blue dot Jairam Ramesh.
Current problem in today's word are identified.
The problems identified are the worlds unfortunate reality and is here to stay.
Global Warming: Ecosystem is not able to accommodate the current trend.
There is no 1 silver bullet to solve the problem. All should get together and collaborate before the world runs out of time. Given the right incentives one can deal with existential crisis. Neo Classical Economics needs to be debunked with the right approach. The solutions should be focused on addressing the issues of Neo Classical Economics.
Issues of Neo Classical Economics: Wealth Concentration (Absurd Dimension) and Poverty (System imposed design to leave people behind)
It is time to address the issue of Economic Growth VS Ecological Growth. One has to realize that ecological problems are global and it has no boundaries.
3. Stories about food, Mark Kurlansky
Food is a way to a mans heart. Al tough it is a woman again who got the mans heart when it comes to food.
4. Crossing the line (Writing to offend) Allan Sealy, Gary Shteyngart and Jeet Thayil
Art is like a lamppost trying to shed light on the side walk. The dog that pees on it is the critique.
Taking offense has now become a full time job for like minded people interested in making money. Humor is the coping mechanism to subvert the traditional narrative.
5. Schooling Not School, Filling the education gap. James Tooley, Kiran Karnik and TM Krishna
Educating the mind and ruling out the heart is not educating at all.
Critical Thinking: Learning how to learn.
Ideas of innovation and creativity should be addressed sooner than later.
Critical thinking puts emphasis on rationality.
6. Kommune@LitLive
God dwells in you. There is somebody in me to make the power come true.
Life is not meant to be easy but one can take it as a challenge and overcome it.
Ignore 1st world problems and think of the real problems plaguing the world.
More than meets the eye has been and will be the norm and one walks straight right into the trap laid out for you.
7. The Big Fellow, Ireland freedom fighter Michael Collins.
Dead Michael Collins back from the grave narrates his own story and sheds light on the Irish War of Independence.
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