Bitcoins and free banking
Good piece at the Ümlaut on the emergence of Bitcoin and how the lessons of free banking in America and Scotland may apply. Clearly the beneficiaries of seignorage are unhappy with the emergence of...
View Article19 years in jail for want of Rs. 10,000
A woman spent 19 years in jail because she could not afford ten thousand rupees for bail. Vijai Kumari of Kanpur was convicted of murder then got bail on appeal. But because she could not post bail,...
View ArticleAmerican-style Stasi methods
The title of this post is a quote from a German politician, Markus Ferber of Bavaria. The entire revelation around NSA spying of pretty much every conversation on the internet (e-mail, instant...
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Linkfest 13 June
Just how bad is the emerging market sell-off asks FT’s Alphaville blog (free registration required). Barnejek wonders what story stitches together these: USTs are selling off. Inflation keeps...
View ArticleWho said it?
“This Administration also puts forward a false choice between the liberties we cherish and the security we demand. I will provide our intelligence and law enforcement agencies with the tools they need...
View ArticleGandhi’s legacy
Yesterday was the 144th birth anniversary of MK Gandhi (is “gross years” an acceptable form of usage of gross as a measure?). Gandhi’s legacy is talked about a lot, but a couple of his ideas have had a...
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Big two in elections in India
Tracking the fortunes of the Congress and BJP across election cycles. Year Congress BJP Big Two Others Notes 2009 206 116 322 221 2004 145 138 283 260 With the big two almost tied, it was the alliances...
View ArticleWhat a result!
The ultra long election process has come to an end, and while we await the final confirmation of the results, these are my top ten takeaways: 1. What a win for the BJP! This is the first party to win a...
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More on the elections
I got pointed to the Bing page on the elections. Great analytics. So I screenshotted a map of where the NDA has won or is leading (now pretty much the result). This is quite amazing. The erstwhile...
View ArticleWW1 trigger
On this day, 100 years ago, Franz Ferdinand, Archduke of Austria was shot dead triggering the start of the first world war. Though the war had been looming for a while, Austria-Hungary took the...
View ArticleOxi thoughts
So the Greeks voted Oxi (No) in the referendum on austerity. It was an interesting vote. The citizens were asked to vote on a set of proposals that were no longer on the table (indeed they were a draft...
View ArticleMusings on Bennett Brewings
Bennett University had a “Bennett Brewings” talk in a coffee and conversations format with Dr S P Kothari, former deputy dean of Sloan School of Management at MIT. As is the case with many of these...
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AI and Fascism all in one article (must read)
Do you every have a thought-itch? It is there at the back of your mind. You can scratch it, but it does not go away. You cannot express it. I have found that when I have these thought itches, I just...
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