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Showing posts from September, 2017

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The Difficulty of (Doing) Climate Science

So, if you read the climate history of earth, you will feel as confused as a dog trying to catch its own tail. Apparently we have passed an "Ice age" where most of the northern hemisphere was under glacial ice. And then from 13th century onwards, we started a mini "interim" which is a "mini" Ice age. Further, within the "mini" Ice age, roughly about 100 years ago, in the late 18 th century, there is a warming period where the temperatures globally are going up. There is also a claim, questionable however, that the temperatures have not gone up significantly. I feel there is a context which is missing here. And the doomsday predictions! God help us, if we actually believe them. One particular headline riled me up like a steak on skewer. It goes like this, " If ice in polor caps start melting, then the sea level across the world will increase by x meters." x could be 5 if you are a relatively "play it safe" kind of rese

Investing in people

Its a shame that stock issues are released only for companies. A stock in a company, when you strip all the techno fundas , is an instrument of storing value. When an investor buys a stock he merely buys a promise that it will increase in value with time.  We've seen companies increasing shareholder value by three four times in a matter of years. Now if you think about it, an individual working in any capacity, engages in similar economic activity. His revenue could increase or decrease every year. He has funding needs for improving his earning capacity , just like a company. Today an individual fulfills his funding through costly personal loans or personal lending.  So why can't a primary market be planned for individuals where they can issue stocks which can be traded? This would also help them raise necessary funds and also prove to be a blessing for banks to offer credit to them. Most of our farmers , who are starved of funds could in theory have access to the fu