Ask Me Anything — The Silicon Valley Founders Edition

This is inspired by  my friend Rajan Parrikar's post "Portraits of Success." He references Carolyn Caddes‘s book, Portraits of Success – Impressions of Silicon Valley Pioneers (1986), which is a photographic tribute to the pioneers of Silicon Valley. Among those featured in the book is Prof Terman (1900 - 1982) of Stanford University who is identified as … Continue reading Ask Me Anything — The Silicon Valley Founders Edition

Government and Education

In a comment Ram wrote, "What are your thoughts on governments (or quasi government bodies) deciding what subjects should be taught in schools. For physical and social sciences, yes, I could think of market deciding it. But specifically what about languages? Can a government decide? But again, if we leave it to the market, some … Continue reading Government and Education

Ask me anything — Hope for Humanity edition

All problems that humanity faces will ultimately be solved through better intelligence. After all, it is human intelligence that produces all that we have for our survival and prosperity. Nature-provided raw materials are strictly speaking worthless without the application of intelligence. Until very recently, all we had was human intelligence and human labor to get … Continue reading Ask me anything — Hope for Humanity edition

Ask me anything: I am always amazed edition.

This ad is probably from the mid-1980s. A massive 26MB hard drive for only $5K. As the ad points out, that's less than $200 per MB. Now that's a deal you couldn't have refused. We should note that $5K in those days is equivalent to $10K in today's dollars. Imagine, paying $10K for storage just … Continue reading Ask me anything: I am always amazed edition.

Private Goods, Club Goods and Public Goods

Charging home owners' association dues based on the size of the property is common practice in many places across the world. Is that economically efficient and is it equitable? The short answer to the question raised by reader Mr Baransam1 is yes. The longer answer needs to start with distinguishing different categories of goods that … Continue reading Private Goods, Club Goods and Public Goods

AMA Reply: Feminism

Keshav Bedi asked my opinion on "the topic which is very fashionable these days here at Varsities in India, 'Feminism’." I'm not familiar with what's fashionable in Indian universities, unfortunately. I assume they're leftist pinko swamps. I will not go there, even metaphorically. But let's discuss femimism. I'd like to use the Wiki description of … Continue reading AMA Reply: Feminism