‘Homo Economicus’? Adam Smith’s profound idea of the ‘Invisible Hand’ introduced us to a theory that has been widely acknowledged since the late 18th century, known as the ‘Rational Choice Theory’. Smith along with numerous other traditional economists believed that all humans make rational choices under any circumstance, and based a majority of other theories … Continue reading Are Humans Rational?
Space Exploration: a worthwhile proposition for developing nations?
‘Cosmologists are often wrong, but never in doubt.’ - Lev Landau Over decades, space exploration has seen rampant development and progress, and critics of the trillion-dollar investments have been shunned by the benefits that it has reaped. Exploring space requires colossal investment and there is always involved a mammoth risk in every rocket that is … Continue reading Space Exploration: a worthwhile proposition for developing nations?
A More Prosperous Kashmir?
Exploring the possible economic impact of the abrogation of Article 370 Special Status. Since 1956 Kashmir has been termed as a state with a special status under Article 370 of the constitution which incorporated the much contended Article 35A as well. Sheikh Abdullah is regarded as the propagator of this article, which was designed to … Continue reading A More Prosperous Kashmir?
Auto Slowdown Blues
An analysis of the recent slowdown of India’s Automobile Industry Home to the fourth largest automobile industry in the world, India’s auto sector has had its high and lows like no other industry before. This industry had witnessed unparalleled growth in the past, but domestic forces are causing a slowdown followed by a predicted rampant … Continue reading Auto Slowdown Blues
Project Pustak
‘Project Pustak’, an initiative inspired by the ‘Beti Bachao, Beti Padhao’ and ‘Padhega India, Badhega India’ campaigns is a nation-wide service that sets up libraries in underprivileged schools, orphanages, old-age homes, and other public centres in order to promote education and learning. In line with the Sustainable Development goals set out by the United Nations, […]http://projectpustak.com/Refer … Continue reading Project Pustak
The Myth of being ‘Bad at Math’
The world is seeing technological advancement like never before and the need for mathematics in all sectors is increasing exponentially. Innovation and STEM-based careers are in high demand and math is essential to succeed in these areas. Nevertheless, the usage of excuses such as ‘I am not a math person’ has increased. The fallacious notion … Continue reading The Myth of being ‘Bad at Math’
Statistics based Algorithm solves Refugee Crisis?
‘A bundle of belongings is not the only thing a refugee brings to their new country.’ The world is witnessing numerous crises, which have caused upwards of 25.9 million people to take refuge in other countries. Facing an imminent threat of violence and persecution, these refugees find a new lifeline in other countries. The countries … Continue reading Statistics based Algorithm solves Refugee Crisis?
Electric Dreams
“ The time is right for electric cars, in fact, the time is critical.” The Union Budget 2019, presented by Nirmala Sitharaman brought cheer among the numerous entrepreneurs who were looking forward to capitalizing on the opportunity that the Electronic Vehicle (EV) Industry had due to the steep decline of the Indian auto industry. The … Continue reading Electric Dreams
How Money Works by DK Publishing
Book Review. Seeking an insight into the world of money and finance, this book clearly gave me the information and knowledge that I wanted. The book managed to explain complex ideas in a remarkably simple way through the usage of pictograms, quotes, and a visually appealing design. It subsisted Einstein’s eminent quote,“If you can't explain it simply, you don't … Continue reading How Money Works by DK Publishing
Colonization of Mars?
With the Blue Planet running out of resources to support over seven billion people, many have started looking for solutions to sustain human life. With the rate of global warming increasing, resources rapidly depleting and various other problems at hand, extinction of our species seems imminent in the future if we do not take any … Continue reading Colonization of Mars?
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