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In the African setting, the fireplace served as a center for learning and education, and for sharing wisdom and the ways of the world. One sat and listened with rapt attention to the elders (philosopher-sociologists) regale the family with conquests…
Continue readingLast week’s column on the above subject seems to have touched a code with readers of this column. Most noteworthy was the fact that a lot of feedback was about the issue of luck with everyone seeming to think luck…
Continue readingThe role of risk and luck in our lives seems to be underrated. This observation was prompted by a discussion about the development paths taken by different nations. We had observed (and were wondering) why nations with distinctly similar geographies…
Continue readingMy thesis for last week’s column was that despite our best efforts to follow the “Washington Consensus”, the reforms we had undertaken had not yielded the most optimal outcomes for our economy. In the language of economists, we had hoped…
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