Category: 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…

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…

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…

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…

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…

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…

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…

In 1903, the Wright brother flew the first plane at Kitty Hawk. They were put into real-world use, a little more than a decade later during the First World War. They were not very strategically important in those days because they did not have much of a range or payload capacity. But by the time…

2021 has been quite a year. On that note, did it not seem like all of us were just too happy to get rid of 2020 and get into 2021? The year is almost finished!! This year saw forest fires stretch from California to British Columbia in Canada. Thousands of square kilometres of forests were…