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In an interesting article in the FT, Nassim Nicholas Taleb points out that while the rewards system on Wall Street incentivizes bankers who take risk, it does not have adequate disincentives to discourage a trader whose annual bonuses depends just on the returns he brought in during that period. So while the punt might prove [...]
Three days and 350+ casualties later, it is still hard to find an opinion piece in a major newspaper that is anything but praise for Israel’s pounding of Gaza. But those selfsame media outlets employ selective (and grossly untrue) reporting when covering the India-Pakistan conflict; reports on India are about a bellicose nation that is [...]
First a video clip from Times Now. You know what irks me? It is not that she (whose only real calling card is that she is somewhat remotely related to Aishwarya Rai) is dating him or anything. But that this report calls her a “popular South Indian actress“. Reminds me of Koundamani yet again: “மூணு [...]
Paul Krugman, who writes a bi-weekly column in The Hindu The New York Times, has won the Nobel Prize for Economics. Mr. Krugman is a Professor of Economics at Princeton University. Mr. Krugman received the award for his work on international trade and economic geography. In particular, the prize committee lauded his work for “having [...]
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