Monday, 13 September 2010
"Between Recession and Depression" on Amazon Kindle
"Between Recession and Depression" is available to purchase on Amazon Kindle for technology fans.
Thursday, 12 August 2010
ECONOMICS BOOKS
As empirical economics has the characteristics of being a social science, which gains more weight in “crises” there has been a huge interest in it over the last two - three years. The number of people who are interested in the subject increased although still the theories, diagrams; thick books make it quite uninteresting to read any article or book.
So, the option is to simplify it. As Leonardo Da Vinci’s famous quote of “Simplicity is the ultimate sophistication” says and put in the synopsis of my book. Then comes the feedback from the people who have never studied economics that they enjoyed it.
So, the option is to simplify it. As Leonardo Da Vinci’s famous quote of “Simplicity is the ultimate sophistication” says and put in the synopsis of my book. Then comes the feedback from the people who have never studied economics that they enjoyed it.
Monday, 17 May 2010
GOLD PRICES
Gold is probably the oldest instrument of commodities market with a history going back to seven millenniums.
Can recent high price within the range of $1,250 per ounce - already 20% higher than February level – be an indication of conventional wisdom in finance theory?
Can recent high price within the range of $1,250 per ounce - already 20% higher than February level – be an indication of conventional wisdom in finance theory?
Thursday, 15 April 2010
CORPORATE OPTIMISM
Corporate leg of optimism is showing up on two different sides:
1. Dividend payments,
2. Share buybacks.
Two added together are signalling good performance in the short term accompanied with “sustainability demand” for the long term to invest in projects, which will increase NPV and therefore shareholders’ wealth.
1. Dividend payments,
2. Share buybacks.
Two added together are signalling good performance in the short term accompanied with “sustainability demand” for the long term to invest in projects, which will increase NPV and therefore shareholders’ wealth.
Tuesday, 30 March 2010
BETWEEN RECESSION AND DEPRESSION
"Between Recession and Depression" is the title of my new book about the current economic crisis, which is now available to buy in the market.
If you wish to purchase a copy, you can do so from Amazon.com, Amazon.co.uk or Arima Publishing.
I am quite excited as this is my first publication. When you have had a chance to read the book I would welcome any feedback or comments via email. Alternatively you can review on the Amazon web site.
If you wish to purchase a copy, you can do so from Amazon.com, Amazon.co.uk or Arima Publishing.
I am quite excited as this is my first publication. When you have had a chance to read the book I would welcome any feedback or comments via email. Alternatively you can review on the Amazon web site.
Thursday, 18 March 2010
ONE YEAR ON
It has been a year since I started to write in my blog.
If there is a need to find one single word to describe the last one year of the economics, that would be “speed”. It sometimes felt as if we were travelling at 300thousand kilometres per second.
Just remember the change in Davos World Economic Forum from 2009 to 2010. “We can not predict anything” was the theme brought by CEOs in 2009 whereas in 2010 a wide variety of social subjects were being discussed with a big relief that the worst for global economy is over.
The Economist had made a point about 2008, 2009, and 2010 by first one being financial meltdown, second being government intervention, and predicting third to be exit from expansionary policies. 2010 can also be evolutionary in a “kaizen” sense.
If there is a need to find one single word to describe the last one year of the economics, that would be “speed”. It sometimes felt as if we were travelling at 300thousand kilometres per second.
Just remember the change in Davos World Economic Forum from 2009 to 2010. “We can not predict anything” was the theme brought by CEOs in 2009 whereas in 2010 a wide variety of social subjects were being discussed with a big relief that the worst for global economy is over.
The Economist had made a point about 2008, 2009, and 2010 by first one being financial meltdown, second being government intervention, and predicting third to be exit from expansionary policies. 2010 can also be evolutionary in a “kaizen” sense.
Saturday, 6 March 2010
NO MAN IS AN ISLAND
No man is an island,
Entire of itself.
Each is a piece of the continent,
A part of the main.
If a clod be washed away by the sea,
Europe is the less.
As well as if a promontory were.
As well as if a manner of thine own
Or of thine friend's were.
Each man's death diminishes me,
For I am involved in mankind.
Therefore, send not to know
For whom the bell tolls,
It tolls for thee. “
Note: Thee = you
Thine= your
Entire of itself.
Each is a piece of the continent,
A part of the main.
If a clod be washed away by the sea,
Europe is the less.
As well as if a promontory were.
As well as if a manner of thine own
Or of thine friend's were.
Each man's death diminishes me,
For I am involved in mankind.
Therefore, send not to know
For whom the bell tolls,
It tolls for thee. “
Note: Thee = you
Thine= your
Tuesday, 9 February 2010
US CREDIT RATING
Moodys's warned last week over US's credit rating that triple A might be under pressure if growth was not robust. Exit from expansionary policies and worries of what will happen with the bubble inside the bubble are the main concerns.
Thursday, 4 February 2010
SHAPE OF RECESSION
There were many discussions on which letter of the alphabet the recession would end up with:
W: Double dip, two consecutive business cycles
V: Single dip
L: Economy going down and staying there for long.
I think, there is a need for a new letter to show that economy is balancing at lower level of income (macro wise). "F" may be. We can think it in terms of Cartesian coordinates: x the horizontal axis, y the vertical axis and the top horizontal line (x1) of letter F as the level of income before recession and the below horizontal line (x2) as the level after the recession.
W: Double dip, two consecutive business cycles
V: Single dip
L: Economy going down and staying there for long.
I think, there is a need for a new letter to show that economy is balancing at lower level of income (macro wise). "F" may be. We can think it in terms of Cartesian coordinates: x the horizontal axis, y the vertical axis and the top horizontal line (x1) of letter F as the level of income before recession and the below horizontal line (x2) as the level after the recession.
Friday, 29 January 2010
DAVOS WORLD ECONOMIC FORUM
The forum is taking place since 27th of January and will finish on the 31st.
It is a good mix of 900 CEOs, government representatives, media, academic professionals, NGOs.
This year there are many different topics on the agenda one of which is "Directing Avatar" -- Conversation with James Cameron.
Interesting to see it among the Economic Forum topics.
Many others with social focus are population growth, social networks, life on other planets, rethinking philanthropy, enrichment through music, economics of happiness.
It is a good mix of 900 CEOs, government representatives, media, academic professionals, NGOs.
This year there are many different topics on the agenda one of which is "Directing Avatar" -- Conversation with James Cameron.
Interesting to see it among the Economic Forum topics.
Many others with social focus are population growth, social networks, life on other planets, rethinking philanthropy, enrichment through music, economics of happiness.
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