This week, I review two papers that examine financial literacy. Globally, when the idea gained momentum in late-1990s, it seemed a logical progression of taking finance from the institutions to the people. It was supposed to help investors take rational decisions. A decade later, the impact of financial literacy in achieving financial well being is divided — and so are the scholars.
Due to a sudden explosion of news and analytical developments around me, I was unable to study and get under any single paper. I am, therefore, presenting a reading list of papers I planned to read. Maybe, one of you could send me a critique. Read more
It began in September 2001. It’s eight years since. But has the US-driven “global war on terrorism” made the world a safer place? The US aside, the short answer that anyone reading newspapers or watching news channels the world over knows is: No. Ask the afflicted — count the deaths in Mumbai, Madrid, London, Bali, Sinai, Amman… Read more
I wrote a rather long piece on the Irish economy last week. Titled Desperate in Dublin, it looked at the impact of the global slowdown, banker-builder greed and opportunistic politicians through the eyes of data as well as people. Today, I want to show you the beautiful people of Ireland — strikers, musicians, beggars. And the future of this country — its young. Read more
Browsing through the various shops of life that the sculpted modern civilisation presents every day — school, work, conference, columns, stories, managing, meeting and so on — finding peace has become elusive.
So elusive, in fact, that the business of providing it through books, CDs and other mediums run by self-appointed gurus has become a full fledged multi-billion-dollar industry. Read more