Vinod Pandey
I propose to share practical and actionable solutions to our day to day problems. My attempt will be to make things simple. If younger generation derives some utility from my effort, I will be extremely happy.
Vinod Pandey
I propose to share practical and actionable solutions to our day to day problems. My attempt will be to make things simple. If younger generation derives some utility from my effort, I will be extremely happy.
Vinod Pandey
Asking “Why” is the only skill one needs to learn. Why ?
1. Asking “why?” is how your brain does push-ups. Exercise karna must hai.
2. Questions make you smarter as you age.
3. Asking is free; ignorance is expensive. Ignorance becomes costly with age.
Follow/Like/Share/Comment for your growth.
3 weeks ago | [YT] | 0
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Vinod Pandey
For too long, Economists have been taking the phrase ' Ceteris paribus' a bit too seriously. Now, the same phrase and its family are resetting the world economic order.
#Europe #BRICS #SCO #Economics
4 months ago | [YT] | 0
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Vinod Pandey
Trump Tariffs VS Classical Economics
Comparative Advantage का सत्यानाश करने पर Trump तुले हुए हैं ।
Ricardo का मानना था कि हर देश वही बनाए जो वह सबसे सस्ता और efficient बना सकता है। इसको Comparative Advantage कहते हैं।
मगर Trump को Economics के principles से क्या लेना देना ? Trump का Economics कहता है : सब कुछ घर पर ही बनाओ, भले ही ऐसा करना महँगा पड़े।
उदाहरण: अगर अमेरिका soybean best बनाता है और चीन electronics, तो दोनों देश exchange करके win-win situation में जा सकते हैं, जैसा कि Ricardo का कहना था। लेकिन Trump ठहरे Trump, उनका मानना है — USA soyabean भी उगाएगा, aur electronics भी बनाएगा।
यह कुछ वैसा ही है जैसे एक बच्चा Maths में topper हो और दूसरा English में, पर दोनों ज़िद करें कि “हम दोनों subjects में topper बनेंगे।”
नतीजा: दोनों के marks गिर जाते हैं। Comparative advantage तब होता जब Maths का topper English के topper को Maths पढ़ाता और English का topper Maths के topper को English. दोनों लाभ ले पाते एक दूसरे के हुनर का। समय भी बचता और tuition के पैसे भी । एक तरह का Trade होता दोनों toppers के बीच और दोनों खुशहाल होते ।
4 months ago | [YT] | 1
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Vinod Pandey
Take a hypothetical situation :-
A, one of your friends is a fool. B, another friend of yours, is stubborn. C, your third friend, is both foolish and stubborn.
My opinion :-
A is tolerable. B can be handled with tact.
C has to be removed immediately from your inner circle.
7 months ago | [YT] | 1
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Vinod Pandey
Data is the newest factor of production apart from Land, Labour, Capital & Entrepreneurship.
Data is not perishable and has multiple and even simultaneous uses.
The owners of data have to be made stakeholders in creation of GDP.
11 months ago | [YT] | 0
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