{"id":980,"date":"2008-10-16T10:36:23","date_gmt":"2008-10-16T05:06:23","guid":{"rendered":"http:\/\/calamur.org\/gargi\/?p=980"},"modified":"2008-10-16T10:36:23","modified_gmt":"2008-10-16T05:06:23","slug":"links-more","status":"publish","type":"post","link":"https:\/\/calamur.org\/gargi\/2008\/10\/16\/links-more\/","title":{"rendered":"Links &#038; More"},"content":{"rendered":"<p>Stuff that made me &#8211; in no particular order &#8211; think, chortle, smirk, snigger , slurp, nod my head wisely, with sorrow, and in a wtf mode. I shan\u00e2\u20ac\u2122t identify which is what \u00e2\u20ac\u00a6coz it will be fun a year later to figure:<\/p>\n<p>I have been following the economic crisis &#8211; you would have to be on mars if you didn&#8217;t. &#8216;<strong><a href=\"http:\/\/en.wikipedia.org\/wiki\/The_Emperor%27s_New_Clothes\">emperor&#8217;s new clothes<\/a><\/strong>&#8216; anyone?. Keynes must be looking terribly smug and superior at the economist&#8217;s table in the great beyond. Friedman is possibly drinking himself to oblivion !<\/p>\n<p>Stephen Dunn&#8217;s piece in the <strong><a href=\"http:\/\/www.thehindu.com\/2008\/10\/16\/stories\/2008101650661100.htm\">Hindu <\/a><\/strong>on Galbraith has a brief summary of bubbles that burst, making me wonder how stupid we are as a species&#8230;.<\/p>\n<blockquote><p>Starting with the tulip bulb mania in the 1630s, bubble after speculative bubble has been erased from the popular memory: the South Sea bubble in the early 1700s; the Mississippi bubble, which caused a stock market crash in 18th-century France; the Florida real estate bubble in the 1920s; the stock market crash of 1929; the stock market crash of 1987; the Nikkei bubble, which began in 1991, and the Nasdaq bubble of 2000.<\/p><\/blockquote>\n<p>There is Christopher Hitchens in &#8216;Vanity Fair&#8217; on <strong><a href=\"http:\/\/www.vanityfair.com\/politics\/features\/2008\/10\/hitchens200810\">Banana Republics<\/a><\/strong> &#8211; the anger at a situation where political parties and politicians across the world have colluded with big business to bankrupt the system is very apparent &#8230;.<\/p>\n<blockquote><p>But welcome to another aspect of banana-republicdom. In a banana republic, the members of the national legislature will be (a) largely for sale and (b) consulted only for ceremonial and rubber-stamp purposes some time after all the truly important decisions have already been made elsewhere.<\/p><\/blockquote>\n<p>in a related area of tech and media companies <strong><a href=\"http:\/\/www.markevanstech.com\/2008\/10\/15\/rip-twitter\/\">Mark Evans<\/a><\/strong> writes:<\/p>\n<blockquote><p>What\u00e2\u20ac\u2122s amazing is the \u00e2\u20ac\u0153Hey Mom, no business model\u00e2\u20ac\u009d model was allowed to exist. You would think after the dot-com boom went bust that entrepreneurs and investors would have a better focus on fundamentals such as, say, how to generate revenue.<\/p><\/blockquote>\n<p>I remember meeting an old colleague who had joined a company that makes mobile video content. And in a circuitous conversation he admitted that they haven&#8217;t figured out revenue model as yet and that currently, and for the foreseeable future, there wasn&#8217;t enough bandwidth to make video content available to customers, even if they wanted it&#8230;.. i saw it happening before, and i am seeing it happen again, which leads me to question how stupid are we as a species&#8230;<\/p>\n<p>Also on the same track, check out Shefaly&#8217;s &#8216;<strong><a href=\"http:\/\/www.shefaly-yogendra.com\/blog\/2008\/10\/07\/only-the-monetising-survive\/\">only the monetising survive<\/a><\/strong>&#8216;.<\/p>\n<blockquote><p>Survival may be easier for a small niche business, focused on, say, tailoring services, than it may be for a Web 2.0 firm with lots of VC money but no clear monetisation model.<\/p><\/blockquote>\n<p>of course, the assumption is that the next round of funding will happen &#8211; i have friends in VC funded companies in India, who are seriously nervous. they have families, mortgages, EMI&#8217;s, &#8230;<\/p>\n<p>John Kay in the FT looks at the <strong><a href=\"http:\/\/www.ft.com\/cms\/s\/0\/12ade22e-99fc-11dd-960e-000077b07658.html\">difference <\/a><\/strong>between fraud and &#8216;innocent fraud&#8217; and asks,<\/p>\n<blockquote><p>Is the deception of others more or less venal when one has also deceived oneself?<\/p><\/blockquote>\n<p>And, there was this cartoon at <strong><a href=\"http:\/\/www.truthdig.com\/cartoon\/item\/20081013_its_the_un_american_stupid\/\">Truthdig<\/a><\/strong>, which kind of encapsulates the entire problem of the disconnect between politicians and ordinary voters (anywhere)<br \/>\n<img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/www.truthdig.com\/images\/eartothegrounduploads\/lk1010bd5.jpg?w=640\" alt=\"\" \/><\/p>\n<p>Other stuff that was interesting :<br \/>\nMadhukar on <strong><a href=\"http:\/\/alternativeperspective.blogspot.com\/2008\/10\/alternatives-to-singur.html\">Alternatives to Singur <\/a><\/strong> &#8211; with the agitation moving to Gujarat along with the Nano factory, maybe it is time to relook at the way agricultural land is acquired for industry&#8230;<\/p>\n<p>MJ Akbar on why for the vast majority of Indians <strong><a href=\"http:\/\/feeds.feedburner.com\/~r\/mjakbarbylines\/~3\/411835156\/deep-inside-india-secularism-is-way-of.html\">secularism and religion<\/a> <\/strong>are both ways of life and go hand in hand.<\/p>\n<p><strong><a href=\"http:\/\/feeds.feedburner.com\/~r\/IndianMuslimsBlog\/~3\/415528041\/\">Ram Puniyani<\/a><\/strong> on the Nanavati report. Until Justice is done and seen to be done, there would be injustice &#8230;<\/p>\n<p>i will end this with a quote from <strong><a href=\"http:\/\/www.slate.com\/id\/2202163\/\">Hitchens <\/a><\/strong>again, this time on the reasons for his choice for President :<\/p>\n<blockquote><p>A candidate may well change his or her position on, say, universal health care or Bosnia. But he or she cannot change the fact (if it happens to be a fact ) that he or she is a pathological liar, or a dimwit, or a proud ignoramus. And even in the short run, this must and will tell.<\/p><\/blockquote>\n<p>which is possibly my issue wtih Mr.Advani&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stuff that made me &#8211; in no particular order &#8211; think, chortle, smirk, snigger , slurp, nod my head wisely, with sorrow, and in a wtf mode. I shan\u00e2\u20ac\u2122t identify which is what \u00e2\u20ac\u00a6coz it will be fun a year later to&#8230;<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[15],"tags":[650],"class_list":["post-980","post","type-post","status-publish","format-standard","hentry","category-economics","tag-global-financial-crisis"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Links &amp; More - A PoV<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/calamur.org\/gargi\/2008\/10\/16\/links-more\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Links &amp; More - A PoV\" \/>\n<meta property=\"og:description\" content=\"Stuff that made me &#8211; in no particular order &#8211; think, chortle, smirk, snigger , slurp, nod my head wisely, with sorrow, and in a wtf mode. 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