“Can a history of interest rates really entertain? You bet.. To read this terrific book is to be reacquainted with the bizzaire, Alice-in-Wonderland condition of modern finance” – Marc Sidwell, Sunday Telgraph. [From the blurb on the back cover] I have been reading books on economics of all types for the last many years, as…
Category: Economics & Finance
The Power of Narratives and Irrationality
The word ‘millionaire’ is said to have been coined in the early 1700s when many Frenchmen turned nouveaux riches with the ‘Mississippi bubble’. A period of economic boom saw the shares of Mississippi company rising, making many Frenchmen rich and Paris attracting investments, much to the envy of John Blunt, the Director of South Sea…
Online Social Lending comes to India
Much has been written about how internet has changed our lives and how it is leading us to Life 2.0. What is often spoken and written about is how the Social Media is changing marketing and advertising as we know it and there is enough of hype around it. And that is missing the wood for…
The business of Attention
Much has been written about ‘The Attention Economy’. I heard about this term only a couple of months back. While I haven’t understood all the philosophical moorings behind this term, the fact that money is spent all the time to get people’s attention and there is a whole economy behind that is simply baffling. When…