I argue why mechanical consistency is a better bet for many of us. I argue why continuous recalibration can be bad citing examples of daily commute, agile marketing and investment. TL;DR version: Autopilot > Continuous Recalibration.
Why Political Discourse Seems So Stupid
I talk about why the current political discourse seems so stupid. I borrow the following concepts to make my point: - Final Vocabulary - Purva Paksha - Ideological Turing Test - Pigeonholing
When is Government intervention in markets legitimate?
I discuss the grounds where it is legitimate for the Government to intervene in the markets.
Baptists and Bootleggers
While baptists and bootleggers appear to be enemies, they are actually bedfellows in the regulatory ecosystem. Baptists fight for an alcohol ban on Sundays. But this only helps bootleggers who get the entire market for themselves on Sundays.
Are You a Hedgehog or a Fox?
“The fox knows many things, but the hedgehog knows one big thing.” ~ Greek poet Archilochus
The Rise of the Intangible Economy
The marginal costs for building the 10th and 1000th copy of a software is trivial. The only cost involved is towards creating the 1st copy.
Compassion vs. Empathy
Compassion requires you to rise above the dualities of victim and predator and look at the system that produces these classes.
Don’t Fix What’s Not Broken
“Change” is a magic word, whether in organizations or societies. In 1792, the French Revolutionaries created a new calendar and decimal time system to mark the dawn of the new Republican era. In the 18th edition of the newsletter, I dig into why this ‘scientific’ system isn’t still around. It’s a story of how tradition quietly reclaimed the lost ground.
The Tyranny of the Minority
Majority triumphs, they say. We must resist the tyranny of the majority, we’re told. But what if it’s a determined minority that actually calls the shots? Nassim Nicholas Taleb posits that an intransigent minority can almost always prevail over a flexible majority. His reasoning, though counterintuitive, is simple: “Someone with a peanut allergy will not... Continue Reading →
The Seen and the Unseen
"Is there any other point to which you would wish to draw my attention?""To the curious incident of the dog in the night-time.""The dog did nothing in the night-time.""That was the curious incident," remarked Sherlock Holmes. Source: "The Adventure of Silver Blaze", The Memoirs of Sherlock Holmes While others were distracted by the events that... Continue Reading →
Musings by Madhav 