Currency for the future?

In his class, Prof Mankad asked us “what is money?” He answered – “Money is what is accepted as money”. Very apt definition. Here I am taking small freedom to change it a bit. I am changing the word “accepted” to “trusted”. Of course trust is a very heavy word. Read more

What more you need?

I was watching Padosan (Old Hindi Comedy movie). The movie is interesting and I came to know that it has been made in different Indian languages. In that movie the protagonist (Sunil Dutt) repeats a couple of times an ancient concept of Hindu culture.  The concept is Ashramas of human life. According Read more

Money – what is it?

This was a very candid question Prof Mankads asked once – ‘What is money?’ and he answered – ‘Money is what is accepted a money.’ True, money is what is accepted as money. Humanity needed some tangible measure so we deviced various forms of money at various time. For example Read more

Dichotomy on happiness…

“There are some things money cannot buy…” I am not talking about Master Card! Generally speaking, I was thinking that there are many things money cannot buy. In fact, the Buddha left his whole empire! He too knew there are “somethings money cannot buy”. This is where I had two Read more

Irony!

I remember an opening of Prof Mankad’s class. He asked ‘What is money?…’ and so on and so forth. Money is what is accepted as money. The trust of acceptance gives value to money. Irony is this TRUST. This concept e.g. money creates maximum MISTRUST. The concept which, I believe, Read more