Archive for February 5th, 2016

A tale of Chilean social security system and how Lewinsky prevented reform of the same in US….

February 5, 2016

José Piñera was Chile’s secretary of Labor and Social Security and architect of the country’s successful reform of its pension system (now at Cato).

In this speech, he speaks on how the social security system was revamped in Chile but failed in US (due to the famous Clinton-Lewinsky scandal):

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Behind “Rock star” and “Sir Ravindra Jadeja” is the real Ravindra Jadeja

February 5, 2016

Another superb inspiring piece from Cricket Monthly. This one is by Siddharth Monga, assistant editor at ESPNcricinfo.

One can always debate how good Jadeja is, but nothing takes away the struggles of the cricketer who emerged from Jamnagar of all places. These stories of cricketers from really small places which have no cricket culture etc. eventually playing for India are usually great reads. Once most cricketers hailed from prominent cities which is increasingly being challenged which is great to see..

How the use of floating-rate loans changes the impact of monetary policy

February 5, 2016

Filippo Ippolito, Ali K. Ozdagli and Ander Perez add another dimension to the monetary policy transmission channels. This one adds floating rates to the discussion.

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Startups haven’t replaced India’s 19th century Dabbawala service

February 5, 2016

I am not one bit surprised to read this article.

Whatever be the technology, they are the original creators of efficient delivery of food across Mumbai.Infact, they are fairly efficient users of food transport technology like local trains, bicycles, a cart where multiple food dabbas are kept and so on. In this era, we don’t consider trains, bicycles as technologies but they were fairly advanced ones earlier. Today’s technology like apps etc can just think of fancy ways to make some food/cab service to your mobiles. But they have still not figured the most important aspect of delivering at low cost and at right time.

Hence, after some initial hype over such launches the reality sinks in and lots of money is lost:

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