Books &Economic Behaviour Entropy | 16 Mar 2010
In an era of ever-expanding choices, HOW WE CHOOSE addresses the simple-yet-mystifying question : How do we know what we want? The answers are strange, impressive, and profound. Sheena Iyengar, a Columbia University professor whose work on choice is widely recognized and cited looks into the heart of what we desire– and what we think [...]
Books &Economic Behaviour Entropy | 08 Jan 2010
The discipline of economics is not what it used to be. Over the last few decades, economists have begun a revolutionary reorientation in how we look at the world, and this has major implications for politics, policy, and our everyday lives. For years, conventional economists told us an incomplete story that leaned on the comfortable [...]
Books &Economic Behaviour Entropy | 05 Oct 2009
Wish to share an excerpt from insightful NYT Book review, a relevant Book published by Princeton University Press. This Time is Different: Eight Centuries of Financial Folly Carmen M. Reinhart & Kenneth S. Rogoff This Time Is Different presents a comprehensive look at the varieties of financial crises, and guides us through eight astonishing centuries [...]
Economic Behaviour &Thought Provoking Entropy | 01 Sep 2009
This is an illuminating & profound feature by a Caltech physicist & Author Leonard Mlodinow. As such his insights will intrigue, awe, and inspire. The Meritocracy Paradox Over the years, visions of utopia have varied from the lofty in Plato’s Republic to the hedonistic in Woody Allen’s Sleeper, which portrays a world in which hot [...]
Economic Behaviour &Thought Provoking Entropy | 22 Jun 2009
This is an fascinating & deeply insightful feature by Duncan Watts.. recently published in The Boston Globe. The article is adapted from the Harvard Business Review. On Aug. 10, 1996, a single power line in western Oregon brushed a tree and shorted out, triggering a massive cascade of power outages that spread across the western [...]
Economic Behaviour &News Entropy | 13 Mar 2009
This is an eloquent, incisive & relevant article by NYT columist Judith Warner. In essence in this media driven superficial society, devoid of contemplation or reflection, we have lost our values & bearings.. We are the hollow men We are the stuffed men -T.S. Eliot Better and Brighter Over the course of the past week [...]