Imagine escaping from a life-threatening accident, recovering on bed with internal injuries on chest/shoulder, and then being harassed for 5% estimation charges on a Rs 35 lakh repair bill (1.75 lakh), and Rs 1000/day parking charges, by the workshop where your car was towed. I was stunned at the behaviour…

Brands are about trust and signaling. They’re a substitute for incomplete information. When information is scarce and asymmetric, consumers flock to trusted brands. But in many parts of the economy, when consumers have reviews at their fingertips, they no longer defer to brands when they make a purchasing decision. The…

Money is the central information utility of the world economy. As a medium of exchange, store of value, and unit of account, money is the critical vessel of information about the conditions of markets around the globe in both time and space. Wealth is knowledge and growth is learning, and…

Highlights All the chemicals that make up a human body can be bought in a hardware store for $10.00 59 elements are needed to construct a human being. Six of these — carbon, oxygen, hydrogen, nitrogen, calcium, and phosphorus — account for 99.1 percent of what makes us. The biggest component…

Around the world, there are roughly a billion cattle raised for beef and dairy. The methane they burp and fart out every year has the same warming effect as 2 billion tons of carbon dioxide, accounting for about 4 percent of all global emissions. There’s so much animal poop that…

Web3, NFTs, Daos, Defi, Metaverse, etc are currently trending, but few people know what they mean. I will try to explain each of them in this article. What is Web 3 Web3 is a user-owned internet. Cryptocurrencies & NFTs are digital assets that enable Web3 to be user-owned. Smart contracts are Web3 software applications…

The best slave is someone you overpay and who knows it, terrified of losing his status. An employable person is the one you will never find in a history book, because these people are designed to never leave their mark on the course of events. An employee is—by design—more valuable…

Thanks to the Magic of Moore’s Law, an average $1000 will have the same computing power as a human brain (1⁰¹⁶ cycles/second). 25 years after that, the same laptop will have the power of all the human brains currently on earth. Elon Musk’s Transportation Transformation for next decade: Hyperloop- LA…

François Quesnay and his fellow ‘physiocrats’ argued in eighteenth-century France that manufacturing produced no gain in wealth and that switching from agriculture to industry would decrease a country’s wealth: only farming was true wealth creation. Two centuries later the decline in industrial employment in the late twentieth century caused a…