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Kapil Ranade
Lives in Bombay
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Kapil Ranade

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"The only cure for the world’s malaise is an increase in aggregate demand. Far-reaching redistribution of income would help, as would deep reform of our financial system . . . . .

But some of the world’s most important problems will require government investment. Such outlays are needed in infrastructure, education, technology, the environment, and facilitating the structural transformations that are needed in every corner of the earth."
Optimists say that the global economy will perform better in 2016 than it did in 2015. That may turn out to be true, but only imperceptibly so, unless the problem of insufficient global aggregate demand is finally addressed.
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Kapil Ranade

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A new opinion paper suggests that the areas of the brain that tend to be overactive in neurotic people, could underpin creative problem-solving.
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" . . .  they are unanimous that all those dependent on 'manual casual labour' for livelihood — 51.14% of households — are bound to be poor."
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Rare sculpture of Lord Śiva in the octo-morphic or Aśṭa-mūrtī form.
Lord Śiva – Mahādeva, in Aśṭa-mūrtī form Rare sculpture of Lord Śiva in the octo-morphic or Aśṭa-mūrtī form. Replica in the Mumbai museum from the original 6th Century sandstone sculpture in Parel,...
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Interesting thought experiment. But artwork has its limitations - arbitraging relative abundance from a time period before supply chain transport might help. So perhaps trading with "natives" for precious metals / stones in exchange for modern trinkets - mirrors, steel, lighters, etc may unlock tremendous value.
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More jobs but:
1. growth in low wage jobs
2. large numbers "Part Time for Economic Reasons" (underemployed)

If we managed to dig out similar statistics for India, who knows what horror stories will emerge - anecdotal evidence is stark enough.
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Kapil Ranade

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Income tax reforms that will make life less taxing
http://mybs.in/2S1xsee
Sent from BS App
Soon replying to notices, getting responses to queries and refunds will become simpler
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The subtitle is Essential Writings by Our Greatest Thinkers, and the editor is Elizabeth D. Samet.  Here’s the shocking truth: these really are writings by our greatest thinkers!  Usually I am allergic to the topic of leadership and all the […]
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A veteran researcher's work on the burning issue confronting economics today.
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In remembrance of holidays past . . .
Constructed circa 1443 CE by the Sisoḍia ruler of Mewāḍ, Mahāraṇa Kuṃbhā, in the Mewar district of Rajasthan the fort of Kuṃbhaḷgaḍh stands on a hilltop some 1100 metres above sea level. Protected by massive ramparts … … the fort often served as a refuge for the royal family of Mewāḍ. The fort contains a number of Hindu and Jain temples. And is protected by concentric walls sporting well protected gateways. At the to...
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Perversely, one could argue that the US manages high GDP growth by keeping wages competitive?
ON MAY 19th the Los Angeles city council voted to raise its minimum wage, from $9 an hour to $15 an hour. Los Angeles is just one of many American cities using a...
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Have him in circles
117 people
Thambi Parthasarathy's profile photo
Rajan Gurav's profile photo
Anju Singh's profile photo
Tamika Robinson's profile photo
David VALLAT's profile photo
RAMANDEEP SINGH's profile photo
Ashish Malhotra's profile photo
Ketan Kelkar's profile photo
Jarred Harris's profile photo
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6 communities
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Bombay
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An obsessive compulsive contrarian prone to cynical ruminations - also known as the Gobi!
Introduction
A Financial Risk Management professional, an avid reader and a keen listener of Hindustani Classical music.
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Too numerous to enumerate here.
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Occupation
Financial Risk Management Professional
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Risk Management, Risk Based Internal Auditing, Operational Risk, Credit Risk, Investment RIsk
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Male
Other names
The Mighty god Artharaja
Kapil Ranade's +1's are the things they like, agree with, or want to recommend.
Classical Sāṃkhya – Books on Google Play
market.android.com

The tradition of Samkhya is one of the oldest and most influential in the intellectual history of India. The fundamental notions of Samkhya

¡Bienvenido a Facebook en Español (España)!
www.facebook.com

Facebook es una herramienta social que pone en contacto a la gente con sus amigos y con otras personas que trabajan, estudian y viven en su

Polls apart
www.economist.com

IT IS not hard to find reasons why disaffection with the European Union might be growing within Europe. GDP in the euro area has declined fo

Feedly - Your News, RSS, Google Reader
chrome.google.com

Feedly is a news reader for creative minds. Syncs with Google Reader and Twitter.

Project Syndicate
plus.google.com

The world's pre-eminent source of original op-ed commentaries.

The Ally From Hell
www.theatlantic.com

Pakistan lies. It hosted Osama bin Laden (knowingly or not). Its government is barely functional. It hates the democracy next door. It is ho

The Price of 9/11 - Joseph E. Stiglitz - Project Syndicate
www.project-syndicate.org

The September 11, 2001, terror attacks by Al Qaeda were meant to harm the US, and they did, but in ways that Osama bin Laden probably never

One Measure of Asset Quality - Banking in the Ninth - Publications &...
www.minneapolisfed.org

Analysts review many accounting-based metrics to ascertain the condition of a bank. They pay particular attention to measures gauging the re

Google Calendar (by Google) - Chrome Web Store
chrome.google.com

Easily check Google Calendar and add new events from websites you visit.

Advice From a 105-Year-Old Banker
www.thedailybeast.com

As markets gyrate wildly, Irving Kahn, who at 105 is perhaps the world's oldest investment banker, says not to worry—the economic downturn i

Obama’s jobs plan triumphs in last night's Slate/Intelligence Squared U....
www.slate.com

Earlier this week, President Obama, ardent lover of three-word mantras, introduced a new slogan for his American Jobs Act: "We can't wait!"

Anna freed, but refuses to leave Tihar - Hindustan Times
www.hindustantimes.com

Anna Hazare was jailed today morning before starting his fast for an effective anti-corruption law, sparking mass protests that drew tens of

What speed do you read?
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Compare your reading speed to the national average.

India's street children bank on the future
f24.my

Ram Singh waits at the children's Development Khazana (treasure chest) counter to deposit his money after finishing his shift at a tea shop

Just who should we be blaming anyway?
www.economist.com

WHY have so few gone to jail for the financial crisis? The boom and bust in S&L lending in the 1980s ended with nearly one thousand people s

In the wake of the Higgs boson discovery - what's next?
www.zmescience.com

The surviving authors of the Higgs boson paper stand to a round of applause, after the discovery of the subatomic particle. (c) Denis Balibo

India Today Editorial Director M J Akbar on FDI in retail and UPA ruckus...
indiatoday.intoday.in

The decision on FDI in retail has been so clumsy that there is a counterintuitive theory to suggest that it must be secretly brilliant. Ther

Drunken Ben Bernanke Tells Everyone At Neighborhood Bar How Screwed U.S....
www.theonion.com

SEWARD, NE—Claiming he wasn't afraid to let everyone in attendance know about "the real mess we're in," Federal Reserve ch

Infinite Stupidity | Conversation | Edge
edge.org

Edge. To arrive at the edge of the world's knowledge, seek out the most complex and sophisticated minds, put them in a room together, an

Asia's lonely hearts
www.economist.com

TWENTY years ago a debate erupted about whether there were specific “Asian values”. Most attention focused on dubious c