Why my generation is the last of the hedonists
Janan Ganesh notes the millenials’ growing abstinence from use of alcohol and drugs and even physical intimacy and wonders if these typical hedonistic pleasures of the previous generation are being replaced by hits from digital tools. “Consider the well-documented abstention of the young: America’s millennial homebodies, the near-third of British 16- to 24-year-olds who refuse […]
Why Central Bank Digital Currencies Will Destroy Cryptocurrencies
In this insightful piece, Roubini explains why it is easy and almost inevitable that Central Banks use their unique place in the financial system to displace cryptocurrencies with their own Central Bank Digital Currencies (CBDCs). If we extrapolate Roubini’s thinking, a broader point emerges: wherever blockchain challenges the authority or the role of the sovereign, […]
Will UK House Prices Ever Rise Again?
Across the English speaking world – including India – a delusion that grips affluent people is that there is some sort of law in Finance which says that house prices have to rise, if not tomorrow, if not next year, then at least in the next decade. This delusion is fuelled by a belief that […]
Extreme Athleticism Is the New Midlife Crisis
Canadian psychologist Elliot Jacques’s 1957 paper on “Death and the Mid-Life crisis” brought out the aspect of realisation of mortality as we approach mid-life. In this piece, Paul Flannery links the rise in middle aged people taking up extreme endurance activities as a response to such realisation and suggests that it is perhaps a more […]
Adm. McRaven Urges Graduates to Find Courage to Change the World
As a start-up, we run into people every now and then who try to use their muscle to put us in our place. In the narrow context of our lives and in the broader context of the world we live in, we loved this commencement speech given by US Navy veteran, Admiral McRaven (ninth commander […]
Momentum Investing: It Works, But Why?
From the time we entered the stockmarket, all of us have been taught that “if everyone knows that the stock is a BUY then that info is fully factored in the stock price and you can’t make money”. But if that is the case then how is that “momentum investing – which is betting that the […]
Proxy resignation service helps Japan’s dutiful workers to quit dead end jobs
Have you been in a situation where you desperately want to quit a job but you don’t quite have it in you to tell your employer? Well, the Japanese have figured out a solution to this problem. In Japan, all you have to do is call a proxy resignation service, tell them you want to […]
A visit to North Sentinel island: ‘Please, please, please, let us not destroy this last haven’
In light of this week’s news of the killing of an American man in the North Sentinel Island of the Andaman’s by an isolated tribe, this book excerpt on Scroll.in is a fascinating read on what remains one of the last bunch of humans completely isolated from the rest of humanity and how very little is known […]
The future of war
This article provides a riveting insight just how high tech war has already become and how frighteningly sophisticated it is about to become. At the vanguard of this revolution in fighting are, as expected, USA and China, both of whom seem to be preparing for World War III. With America intent upon using India as […]
The plastic backlash: what’s behind our sudden rage – and will it make a difference?
Plastic is the main background material of modern material life. “You might be surprised to learn, for instance, that today’s cars and planes are, by volume, about 50% plastic. More clothing is made out of polyester and nylon, both plastics, than cotton or wool. Plastic is also used in minute quantities as an adhesive to seal […]
Why Amazon’s Search for a Second Headquarters Backfired
Amazon’s much publicised hunt for its second headquarters (HQ2) seems to be drawing some negative PR given the disclosures around how much of taxpayers’ money politicians are willing to fork out as incentives. “Each year, local politicians spend up to an estimated $90 billion to lure corporations like Amazon to their states, which The Atlantic points […]
Banks race to launch blockchain trade platforms
“When Texas-based Tricon Energy wanted to buy Polymers from India’s Reliance Energy, the two companies avoided the usual rigmarole of phone calls, couriered documents and emails by logging into a new Blockchain system called Voltron. Within minutes they had completed negotiations of the terms of the sale and then secured a letter of credit and […]
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