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The GP 'Macro Bowl O' Economy !

The GP ‘Macro Bowl O’ Economy ! Ganga Prasad G. Rao gprasadrao@hotmail.com The world over, it is the same humdrum, the same reaction to the economic crisis that has afflicted nations across the globe. Every economic contraction, no matter of what origin must be responded to by stimulating the economy with low interest rates and ‘stimulus funds’. Pump prime an economy with ‘policies’ that have no credibility, shore up the very banks that caused the financial crash with their ultra-short trading, even indulge in a privately enriching market crash despite an obvious conflict of interest …..and when the economy fails, put your hands up, point your finger at the ‘other guy’, and walk away with your booty in the melee of a regime change. Macro-politics, my friend, is an art to master! So, in a world of no alternatives, let’s, for a change, break all taboos – I mean, academic - and imagine the unimaginable. Let us motivate a macro-economy with an entirely different rationale. An economy that ...

TAKE OR PAYAYA! – A ‘SWOOF’ ON ELECTION CAMPAIGN FINANCING

TAKE OR PAYAYA! – A ‘SWOOF’ ON ELECTION CAMPAIGN FINANCING Ganga Prasad G. Rao Election campaign financing and reform has been at the forefront of politics for the undue influence it has on everything from candidate choice, the platform, the choice of constituencies, the party manifesto itself, even post-election strategies and policies of parties, whether winners or otherwise. The lack of a credible, public, legal, and ethical system to raise finances for election campaigns (and for other normal political activities) has induced many an ill in our society – from corruption and fraud to conspiracies, murders and allegation of electoral manipulation with ‘foreign’ money. One of the primary inadequacies with the existing system which raises funds from special interests is the overt expectation, post-elections, of returns, even immediate and substantial, for political contributions made prior to elections. Such expectations, admittedly difficult to deny post the electoral win, have result...

St. Patrick's Day? Nah !

St. Patrick's Day? Nah ! Ganga Prasad G. Rao http://myprofile.cos.com/gangar 'Life ain't easy for a sociologist' thought Patrick. How does a problem that is entirely the onus of inefficient producers and profligate consumers in a third-world country turn a 'problem child' of a Sociologist in a developed, even environmentally exalted nation? Surely, we did not create solid waste....and spread it around....or hire children, barely toddlers, in to lifelong slavery? If we weren't consulted in the matter to start with, why would it be dumped upon us for resolution.....and that too in the evanescent 2 weeks of summer in the upper reaches of Quebec? Jeez, even Guantanamo criminals enjoyed more summer! But summer work is summer work, particularly when his sponsor, now visiting India with this family, had paid for 3 summer courses that he was cramming in to his resume to graduate by August and move to latitudes closer (but not too close) to those whom he envied. Glad...