Skip to main content

Ecnomics of "understanding"!

Decades in time as a student of "Economics" I was forced to mug up chapters from 'Paul Samuelson's' book "Economics An Introductory Analysis". I wish I had then made effort to 'grasp' those chapters instead of 'mugging' them up. May be this is the reason why today I find my knowledge of "Economics" so undernourished. Even today I remain 'utterly bitterly' confused of a factor called "GDP"
Now again for instance if the 'GDP' of this country is on the rise, does it mean that the government's huge spending on 'Aam Aadmi's' welfare is being reflected significantly in improved condition of the 'Aam Aadmi'?. Does a 6.7% growth in country's 'GDP' remain unrelated to 'Aam Aadmi's' 'wait' at the water tap,every morning hoping that someday the "elixir of life" will trickle from it. Does the rise of country's 'GDP' no 'relevance' to the Summer's "erratic" and long "power cuts" that is forcing the 'Aam Aadmi' to take his 'frustrations' to the streets, 'summer after summer'. Is the 'GDP' digit not a 'connect' to the increasing gap in the 'Aam Aadmi's' affordability to the 'necessities' of life. Does a healthy 'GDP' mean deteriorating of "law and order" in the country.
I know being an 'Aam Aadmi', I do suffer form lack of intellectual growth. May be that is the reason why I keep believing that a true 'GDP' is not a statistically derived digit with a decimal,but a reality check that remains free from "dismal situations". In short for me a true 'GDP' is reflection of "Growth,Development and prosperity" of the 'Aam Aadmi'.
I am sure "Paul Anthony Samuelson" will forgive me for dedicating this post as my tribute to him and his unconventional interpretation of world economic trends and developments. He truly was the greatest "Economist" of our century.
"Paul Anthony Samuelson" passed away on Sunday 13th December 2009 at city of 'Belmont California'.
May his soul rest in peace and may my sense of "Economics" leap away from the thing called "Reality"..."Aameen"!

Comments

Post a Comment

Popular posts from this blog

In conversation with Bapu....

With 'Sare Jahan Se Achcha' and 'Abide with Me'the Soul-stirring martial tunes and solemn drum beats at the majestic Raisina Hills the "Beating the Retreat" ceremony marked the conclusion of the week long ceremonial functions of India celebrating her 62nd year of Republic.As the illumination lit up the edifices of Imperial India..my thought reached out to that day into the history of independence that finally dropped the curtain on a life called "Gandhi"...the man whose experiment with truth may not have jelled with today but his name has truly become the brand that remain most misused & manipulated both in trade & politics.As I key-in these lines I can read out the conversation that would have transpired between the "soul of Nation" (SON) and "Mahatma Gandhi"(Bapu)....Read on what I read..... SON: Bapu it's me,are you sleeping....? BAPU: How can you ask that...don't you know this day in the year 1948..I was gu...
4 comments
Read more

But 'PAPU' Can "Vote"...'Sala'..!

"Sala".. is a generally accepted slang for both 'hum' the "Hindustani" and 'tum' the "Indian". Together this "HUM TUM" make the "Aam Admi"of the world's largest 'democracy'. This is our "INDIA".I agree with the TV ad that almost says "My India Strongest" in spite of the "Everest" of issues that surround her. Normally in this country the fate of the 'ordinary' people ie 'Aam Admi' always remain woefully harassed, pushed and frustrated through the year. However at the close every 5 years this 'Aam Admi' suddenly become extraordinarily powerful and remain wooed by all 'big,small and sundry' political parties of the country. Yes it is time for General Election. In the coming months for the 15th Lok Sabha, 714 million eligible voters would be 'bee lining' to the ballot boxes across 29 states,6 union territories to elect 543 members . 'Jaago-...
4 comments
Read more

Just about...being a "Father"

A new world greeted them with smile and happiness when they... "Just met" and soon for them the wedding bells rang... Now, they are happily lost in their own world & together are learning to set- up a 'Home’ of their own... away from what was a home for them a little earlier in the year....That's "his" daughter & "his" son in-law. ..Being very adorable, the house has become little less chirpy after her moving out….. …."He" now does feel the boredom...but will never show it off... Because "he" is the father ...and expected to put on a stern face & always remain a 'matter of fact' person..... He is all set to explore & build-up a learning curve that may see him well in life in about a couple of years from now. After his graduation he may probably start living away from home in a distant land in pursuit of excellence...That's "His" son Being the darling of the house, "he" is...
4 comments
Read more