Government as the Overlord

Even though I know precious little about the formation of mass psychology, I am certain that how the citizens of a nation collectively view the world must have a causal relationship with the fortunes of a nation. As individuals we are singularly powerless to alter the environment we grow up in. We have to take … Continue reading Government as the Overlord

The Peculiar Case of the Somali Shilling

Sudipta, a dear friend in the Silicon Valley, asked me to comment on a March 2013 article titled "Orphaned currency, the odd case of Somali shillings." The piece is about how the Somali shilling continued to circulate even after the Somali central bank was literally destroyed in the civil war around 1991. The bank notes … Continue reading The Peculiar Case of the Somali Shilling

Winter Solstice Greetings

The Winter Solstice began yesterday at 5:23 PM Eastern Time. It was the shortest day of the year and the first day of winter in the northern hemisphere. Around here (Latitude: 39.68N Longitude: 75.75W) the length of the day was approximately 9 hours and 21 minutes. Happy Winter Solstice. Here's a track from George Winston … Continue reading Winter Solstice Greetings

Economic Growth, Population and Poverty Numbers

I normally don't do numbers. But in this post, I will have to refer to numbers because wealth and poverty have to be understood quantitatively too. So let's do the numbers. It is an amazing fact that extreme poverty has fallen both in absolute and relative terms. The world’s population living in extreme poverty has … Continue reading Economic Growth, Population and Poverty Numbers