Thursday, July 4, 2013

Tangentially Applied Principles of Economics

The law of diminishing marginal returns applies to India's 24x7 reproductive machinery too. 

I will fail to list a great source which corroborates this claim but if our feelings are any measure of the phenomenon, then we've been witnessing negative returns for decades and decades together.

Let's say there's a subject called Tangentially Applied Principles of Economics (let me give a sexy sounding glamorous abbreviation too: TAPE. If this isn't sexy, please contribute :{). If our entire education system gets dedicated somehow, directly or indirectly, to teach just this one subject and make ourselves understand just this one single point and act upon it, it would take care of a hell lot of troubles.