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Economics

Money as God

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A journey from salvation to depression

God rides on rituals, money rides on technology;
God gives salvation, money gives depression.

God is a creator of human beings and human beings are creator of mon ey. In fact both God and human beings are creators. But there is differ ence between these two creators; God’s creation is perishable whereas human’s creation may

A painful shift from APM to MDPM

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After almost two decades of reforms, finally, India saw partially shift from the regime of administrative price mechanism (APM) to market driven price mechanism (MDPM) in the oil sector. It is not surprising at all. This is a very natural and inevitable outcome of the opening of the country and ending of the protectionist regime in the light of the globalization. In fact, the shift from

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