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Showing posts from October, 2013

Expert Advice

I find little use in most of the advice I receive, so I merely pass it on. People mistakenly believe, that I am an expert.
As the Indian economic growth slows rapidly, the falling value of the rupee, the dangerous erosion of social institutions, we have political and economic pundits crawling out of every nook and cranny. They hog all the prime time on television, and prime space in the newspapers and magazines.
I read and listen to their analysis of the situation and the advise these people dole out. I would have been amused had the situation not been so bleak. The politicians are the most entertaining, focusing more on theatrics rather than facts they blame everyone else except themselves. The economists offer many deep theories, several of them even make sense. However it is a known fact that, economists can fully explain a situation only many years after the incident occurs, and they have understood somewhat what really happened. It is not difficult to be critical in hindsight.
T…