stray thoughts

at this moment i am timing how long it shall take for my brain to stop thinking. i do not do anything but just wait. my worries of my blog disappearing along wit google+ account of mine did not happen. i was given an opportunity to create separate blogger account and i did ~ absent silent. all is as before. i have also decided not to be impatient and delete my facebook account by two person sayed and pandiraj. I have other readers my extended family and relations and my acquaintances. i see sometimes their fingerprints. however my blogs are important to me here i spray my stray thoughts. I find it is easy compose my thoughts than in facebook ~ there are editor problem and screen gets frozen.

although i have none as my friend in facebook i have already noted about 30 persons who regularly visit my site. i have many a time closed my facebook account. so that they are frustrated. i was also not there for about one year. by virtue of being in facebook i can see public postings of some i know. long back i started a group called isikolkata. for about two years i worked hard to make it live platform for idea exchange. I came out of the same when there were about 150 members. i do not know today if that group is still existing. a person whom i handed over the ownership conducts facebook account where he performs lively discussions. last few days ....

the relationship supply demand and price I find that i cannot presume. making any assumption and operating on that basis is utterly wrong and bring about disintegration of faith of oneness among citizen of a country or human citizen of the planet earth.

the 3 basic requirements must be met by country are food health and security. it must be met by whoever is in charge of governing the country and the responsibility is well understood by all its citizen. hungry must be fed if needed free by individual group or government. Price is no factor.

health too is responsibility of country and countrymen and must be provided if needed free by individual group or government. Price no factor. everybody pays or sacrifices.

security irrespective of age for individual is responsibility of the country and must be provided free by individual group or government. Price is no factor or reason.

supply demand price is a voodoo concoction prepared by a breed of con variety who make their living by making Economic Theories that has no basis. There is no relationship but it is illusion or false. price of diamond is based on procurement cost, polishing cost, marketing cost, and what can you get from whom. it is neither demand or supply. price of any food item is again distributor's capacity get whatever and whoever. It is based on procurement, hoarding, creation of crisis and his profiting ability. price of accomodation in hotel is the drive and ability of the provider. availability do not change. electricity water gas labor price etc. everything based on perception ior illusion created. iPhone price and supply and demand has no correlation. economists engaged by Apple does not help much except to create illusive perception of its desirability. supply can be any number and meet any demand but objective is to make projected amount revenue rise on quarterly basis. however that does not happen always despite all Apple is certainly a preferred commodity.

worst of all the knowledge of mathematics of economists are very elementary as much as their depth of understanding of human nature and their use of jargons. long ago i was totally astonished to be present on a lecture at ISI he was describing second moment of statistical estimate - squared error loss for two hours that even a school student knows with sonorous voice and British accent. He is Amartya Sen. He later got Nobel Prize of economics. it is unbelievable to hear such ridiculous lecture at ISI. Obviously none said anything out of politeness. He later on wrote many books on his solution to famine or flood for food related crisis. his solution was to distribute money in the affected area. We have Lean method of solving production crisis for directing resources where there is inadequacy. Is money is the inadequacy? No matter how much you flood money can it solve crisis. How?

They presume the world has no knowledge and they can bluff anybody anywhere anytime. i have not seen even one economist who talks sense. they talk money as fluid. the pyramid of people seen as on the basis who is in position extract money from the other. Apex being most solvent. they assume that money as fluid would trickle down to the base!

I avoid this days to discuss anything with a practicing economists since they are totally uneducated or illogical. you cannot believe they had any lesson of mathematics. they apropos to nothing assume total false premise and argue for hours some desirable outcome.








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