Wealth and Whips

Excerpt: "   Have you ever asked what is the root of money? Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them. Money is the material shape of the principle that men who wish to deal with one another must deal by trade and give … Continue reading Wealth and Whips

Somnolence

Somnolence (the scientific term for sleep which literally means "drowsiness") is derived from the word "somnus" which is Latin for "sleep". Sleep refers to a naturally recurring state of mind and body characterized by altered consciousness, relatively inhibited sensory activity, inhibition of nearly all voluntary muscles, and reduced interactions with surroundings. It is distinguished from wakefulness … Continue reading Somnolence

Models of Education

Factory model schooling or factory model education refers to an educational style or pedagogy that first emerged in Europe in the late 18th century whose primary characteristics are top-down management, emphasis on formal management, centralized planning, standardization, outcomes designed to meet societal needs, and efficiency in mass-producing results. It is comparable to the factory model … Continue reading Models of Education

​Ikigai (生き甲斐)

Ikigai (生き甲斐) is a Japanese concept that means "a reason for being." It is similar to the French phrase Raison d'être. Everyone, according to Japanese culture, has an ikigai. Finding it requires a deep and often lengthy search of self. Such a search is important to the cultural belief that discovering one's ikigai brings satisfaction … Continue reading ​Ikigai (生き甲斐)

Value and Value Creation

In ethics 'value' denotes the degree of importance of some thing or action, with the aim of determining what actions are best to do or what way is best to live (normative ethics), or to describe the significance of different actions. It may be described as treating actions themselves as abstract objects, putting value to … Continue reading Value and Value Creation

The Commandments of Logic

Thou shall not attack the person’s character, but the argument itself. (Ad hominem) Thou shall not misrepresent or exaggerate a person’s argument in order to make them easier to attack. (Straw Man Fallacy) Thou shall not use small numbers to represent the whole. (Hasty Generalization) Thou shall not argue thy position by assuming one of … Continue reading The Commandments of Logic

The Perils of Collectivism

Excerpt: "   Well, there was something that happened at that plant where I worked for twenty years. It was when the old man died and his heirs took over. There were three of them, two sons and a daughter, and they brought a new plan to run the factory. They let us vote on … Continue reading The Perils of Collectivism

AI Decision Makers

According to Alibaba CEO Jack Ma "30 years later, the Time Magazine cover for the best CEO of the year very likely will be a robot. It remembers better than you, it counts faster than you, and it won't be angry with competitors." However I believe that decision making matters precisely because humans administer them. … Continue reading AI Decision Makers

Reservation in India

Replace India's Caste-based Reservation System with Monetary Stipends The framers of the Constitution believed that, due to the caste system, SCs and the STs were historically oppressed and denied respect and equal opportunity in Indian society and were thus under-represented in nation-building activities. However a large section of extremely poor people are still not getting … Continue reading Reservation in India