Mindblown: a blog about philosophy.
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Inflation | Learning by Proxy
Price discovery in any market takes place when demand meets supply. Over the last couple of years, it has been very difficult for demand to meet supply simply because of the number of disruptions that have taken place in the supply chain. This has further been exacerbated by the fact that people have been hoarding…
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Real Philanthropy | Learning by Proxy
Earlier this year I had written a piece on Philanthropy where I had mentioned how the wealthy have been using foundations as a vehicle for tax evasion. In fact, under the guise of charitable foundations, these billionaires are using these are vehicles to influence policy across the world to get preferential treatment and make themselves…
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Internet | Learning by Proxy
All of us use the internet. The mere fact that you are reading these words is because of the internet. Today, your phone has software, your car has software, your refrigerator has software, even my weighing scale has a software. Software is everywhere. Have you ever wondered what software the internet runs on? The internet…
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Economics
Economics is a social science that studies the production, distribution and consumption of goods and services. A huge portion of the foundation of what we call economics today was laid down by the British of the 18th and 19th centuries. Yes, the very same people who went plundering half the world. The very same people…
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Indian Crypto Policy | Learning by Proxy
In most countries there exist laws that forbid monopolies. But there are things that government likes to monopolise. One of the things that it loves to monopolise is the issue of currency. A currency is a store of value, that is provided legitimacy by an authority. In most cases the government. Cryptocurrency is a decentralised…
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Man’s Seach for Meaning
This is a book by Viktor E Frank, who is a psychologist from Vienna. He gets caught by the Nazis and sent to the concentration camps. He describes in detail his experiences at the camp. As a psychologist, he got to watch the way in which the thinking of people around him changed as they…
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Joining Atoms | Learning by Proxy
In 1919 a New Zealander conducting research in Manchester was playing around with the Nitrogen Atom, his name was Ernest Rutherford. Over the next 10 years, there was much that was learned about the structure of the atom. While Rutherford, Einstein and Bohr did not arrive at a solution to the problem of unlocking the…
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Immigration | Learning by Proxy
A bus driver in Sweden is paid on an average of 14500 Swedish Krona; that translates to about USD 1600 a month. A bus driver in India is paid about Rs 15500 a month which translated to about USD 210. The Swedish bus driver would probably jump out of his bus and run in terror…
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Mistakes
When you undertake to solve a question in algebra. Once you solve it, you will spend some time checking the steps to make sure that you have not made any mistakes in the solution. Irrespective of how good you are at mathematics, there is always a possibility that you could have made a mistake. To…
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Fuels | Learning by Proxy
In the 1870s Edison invented the Tungsten based Incandescent bulb. As soon as he invented it, he saw the potential of the bulb lighting up every household. He had till then been working with Direct Current (DC) and envisaged a network where DC could be supplied to every house and business. The only problem, DC…
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