If I write a post no one reads
who's to say I've written a post?
I amuse myself here; Your amusement is intended but boundedly so
Friday, May 23, 2008
Sunday, May 18, 2008
Market failure
There is no market failure.
All instance of the market failing are actually instances of the market working, but not toward the socially optimal outcome.
The failure of the market is that it works badly, when considering social optimum/first best. But it works! For evil, not for good!
All instance of the market failing are actually instances of the market working, but not toward the socially optimal outcome.
The failure of the market is that it works badly, when considering social optimum/first best. But it works! For evil, not for good!
Wednesday, May 14, 2008
IPL and other monkeys on my back
So Mr Mallaya - if that is how it is spelled - thinks Rahul Dravid isn't doing his job well enough.
Apart from the obvious what-exactly-do-you-know about cricket, there is the point that he (Mr Moneybags) put a lot of money in this. And for his investment, expects a return.
Now, this makes perfect sense. However, this is cricket. Now, I know football and american football and baseball and what-not are all run mostly by businessmen. But does that mean that its the right thing to do? Already I feel a little sickened by all the hype and petty little controversies surrounding the IPL. I don't care about Bombay versus Bangalore. But that's just me.
Cricket is one of the few old-fashioned games left in the world, where a rivalry still means something. Maybe its time has come. And yes, cricket is also run by businessmen. Maybe the insane amounts of money pouring into this thing will develop some infrastructure; maybe more domestic cricketers have a chance now.
But it still annoys me that Mr Kingfisher thinks he knows better than Rahul Dravid about cricket. No, you don't!
Apart from the obvious what-exactly-do-you-know about cricket, there is the point that he (Mr Moneybags) put a lot of money in this. And for his investment, expects a return.
Now, this makes perfect sense. However, this is cricket. Now, I know football and american football and baseball and what-not are all run mostly by businessmen. But does that mean that its the right thing to do? Already I feel a little sickened by all the hype and petty little controversies surrounding the IPL. I don't care about Bombay versus Bangalore. But that's just me.
Cricket is one of the few old-fashioned games left in the world, where a rivalry still means something. Maybe its time has come. And yes, cricket is also run by businessmen. Maybe the insane amounts of money pouring into this thing will develop some infrastructure; maybe more domestic cricketers have a chance now.
But it still annoys me that Mr Kingfisher thinks he knows better than Rahul Dravid about cricket. No, you don't!
Sunday, May 11, 2008
Homecoming
its calling me HOME its where my thoughts are escaping, out of these intricate probability econometrics problems back to my place my hideout HOME moonbeams surge, through the sky, guiding me back HOME we're going again, that's HOME from where all of this began
I reminded myself today of the reason for choosing to study here, and it relaxed me. Americans like everything to be a competition; the way they design their academic courses reveals that. You're consistently graded against everyone else, and little ego battles are inevitable. I am tired of all this, and screw it all, I just want to pass this year (which is more than a possibility) and start having fun again. With economics. Why do they make it so easy to forget why you're here?
I reminded myself today of the reason for choosing to study here, and it relaxed me. Americans like everything to be a competition; the way they design their academic courses reveals that. You're consistently graded against everyone else, and little ego battles are inevitable. I am tired of all this, and screw it all, I just want to pass this year (which is more than a possibility) and start having fun again. With economics. Why do they make it so easy to forget why you're here?
Monday, May 5, 2008
Memory Song
Sometimes when I hear music, I think back to where and when I heard the song the first time. And the same feeling comes back.
Like for eg, when I hear Deep Purple I remember this guy I used to play guitar with some 7 years ago...when I hear Spin Doctors it reminds me of driving to dschool...music and memory form a powerful bond in my mind.
I think thats probably where I differ from most in my music sensing ability - apart from just the song or the moment I heard it, there is a sum there greater than the parts made of it. There is a strange feeling that takes hold, and people who've seen me during those moments are always taken aback. At times, I can know just exactly what the band playing is going to do without having heard the song before. It's like I can feel the sound.
Like for eg, when I hear Deep Purple I remember this guy I used to play guitar with some 7 years ago...when I hear Spin Doctors it reminds me of driving to dschool...music and memory form a powerful bond in my mind.
I think thats probably where I differ from most in my music sensing ability - apart from just the song or the moment I heard it, there is a sum there greater than the parts made of it. There is a strange feeling that takes hold, and people who've seen me during those moments are always taken aback. At times, I can know just exactly what the band playing is going to do without having heard the song before. It's like I can feel the sound.
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