Occupy Wall Street movement

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

By KRD Pravin, ago

Theory of constraints

Prof Moradian taught us concept of the Theory of Constraint. He also suggested us to read a book by Eliyahu Goldratt – The Goal. In the novel, protagonist is struggling with the operational inefficiencies of his plant and therefore facing a constant fear of management decision to close the plant. Read more

By KRD Pravin, ago