Thanksgiving

Thanksgiving is quintessentially American and my most favorite of western holiday traditions. In a way, Thanksgiving is a more important holiday to Americans than even Christmas. It is historically significant because the modern version began here. I love it because it is centered around gratitude. Continue reading “Thanksgiving”

Prices

SONY 40″ Dec 2008. Click to embiggen

I recently came across a picture I’d taken years ago: price tag of a Sony 40″ 1080p LCD TV with “internet link” at Costco. The price of $1250 (after a $350 rebate) was valid till Dec 2008.

Fifteen years ago, people actually paid a princely sum for that tiny (by contemporary standards) TV. Back then, we would scan Fry’s Electronics superstore Sunday ads in the San Jose Mercury News for deals. Those were the days before Amazon. Fry’s is dead and gone now. But back in the day, Fry’s was the big deal in town. Best Buys ate their lunch. The king of kings from one time end up as ruins in the sands of time. But I digress.

How much do we pay for TVs today? I checked the Costco.com website. Here are two screen captures. First, a Hisense 43″ LED TV. Price: $180.

Click to embiggen

Continue reading “Prices”

Dhanteras

Happy Dhanteras. Economists are fundamentally concerned with human flourishing. Therefore it is appropriate that as an Indian-born economist, I focus on an Indian festival that celebrates wealth. Dhanteras.

Happy Dhanteras to all. May you and yours have Lakshmi Ma’s blessings. For what the Dhanteras festival is, see this and this.