Sanju is a biopic on bollywood superstar Sanjay Dutt's dramatic and controversial life. While some viewers have been impressed by Ranbir Kapoor's acting and the touching depiction of the circumstances under which Dutt committed the mistakes that he did (including but not limited to the illegal possession of three AK-56 rifles with ammunition), there are … Continue reading Let’s not forget the public policy lesson in Sanju
I've been meaning to write about this for some time. YouTube recommended me two interesting videos on tech. 1. Why has Xiaomi announced that it will forever limits its net profit on all hardware to 5%? Sounds puzzling right? Here's a nice explainer video on why it may be a good strategic move. 2. Why … Continue reading Economics of Tech: Xiaomi and Microsoft
The Florida Project is a great movie. Seven-year-old Brooklynn Prince punches way above her weight in this powerful and emotional film on poverty in America. It was only after I came across a video explaining the subtleties of the movie, did I realize that as an amateur movie watcher, I had missed many aspects of … Continue reading The subtle genius of The Florida Project
The World Bank has a new Chief Economist- Pinelopi Goldberg. As twitterverse was posting congratulatory messages, a VoxDev article of hers (with Nina Pavcnik) popped up. Interesting snippets from the concluding remarks below: It's hard to conclude the reason behind China's economic success... First, the massive trade liberalisations were in many instances accompanied by domestic … Continue reading Trade is good but…
I recently watched Intelligence Squared's debate on the proposition "Let anyone take a job anywhere". It was a fun watch but more interesting was the voting pattern of the audience. Everyone was asked to vote for which side they were on: For or Against. This was done once at the start of the debate and … Continue reading Public opinions on ‘Let anyone take a job anywhere’
Yesterday, a co-worker shared a Guardian long read on minimum wages. I responded with some comments on Twitter. I am reproducing it here. If indeed a monopsony among buyers of labour is the root cause of low wages, then the minimum wage does absolutely nothing to solve that. In fact, by raising the cost of … Continue reading Tweeting about Minimum Wages
The World Bank recently released their biennial Women, Business and the Law report. The report starts with an interesting anecdote. Now consider the case of Svetlana Medvedeva, who studied navigation in college and graduated as a navigation officer in the Russian Federation. She applied to work as a ship’s helmsman and was selected. Later she … Continue reading Sexism in the governmentplace : World Bank’s Women, Business and the Law 2018 report.