we need poet Bharathi's Righteous Anger, the anguished anger part

 As a person i have been disorderly orderly and regularly irregular in going for morning walk.

I see many young and the old people regularly owning the beach for a while every day both in the morning and evening.

Today when i started my scooter it was just drizzling... Had tea at coffee 99 shop and went to beach... Then it started raining heavily. With rain coat covering the head and chest i didn't mind the rest of the body sweetly bathed by the fresh rain water.

I saw many youngsters and some middle aged ones too wearing T shirts labelled a slogan

No to Drugs and say yes to life in Tamil

Casually translated it boils down to this.

We also this kind of Marathon in chennai sometime ago.. But the irony was the gentleman who came as a winner was found later in the last few days with a huge quantity of drugs worth nearly 1000 crores. Different estimates were given say 300 or400 crores. It seems he belongs to the ruling party.

I don't know how many years the law enforcement agencies will take to punish these wrong doers.

It is disgusting and frustratingly irritating that the chief minister of a state or the prime minster of the country have not opened their mouths.

These rulers coming from not good background, soaked in politics of hatred blame the previous regime  not just yesterday  but yesterday 's yesterday regime..

The media  print as also the social side do  not articulate enough to help cultivate awareness as to how to sentence the anti social and anti national elements because they are sprinkled across the parties and the ruling segment is in a privileged position withou being caught and punished immediately.

Marathon running is good.

But it must not be notional

The scoundrels who are in it have no right toindulge in it as if they are 24 carrot gold.

How many youth running are good  honest  and committed to the family and to the country 

Do they know their power and beauty

Do they have any sense of duty and responsibility 

Can they distinguish between reels life  cinema and real life.

Why good leaders like Nallakannu or honest IAS officers kind do not merit any attention 

Why the the judiciary remains a silent spectator or bystander.

Should not they come forward to collar the criminals, the so called crimininalised segment of politicians  bureaucrats and bankers 

People must cultivate poet Bharathi's Righteous Anger.

To be continued 

sorry i have been neglecting my blog writing

For long Facebook consumed my time and i didn't use Tablet and today i have charged it.. Let me confess that i have accumulated a great deal of academic debris and i am weighed down by sheer volume. Today i wrote on UN in order to draw attention to CNA's quote.

I know there are quite a few who do care to see the blog. I must write periodically articulate on varied themes and share my views.

Hope the wise and benevolent destiny will guide and goad me to actively involve in academics  notwithstanding my declaration that on August 6, 2026 i officially i retired from academics.

on the modern Militiarized, diseased and contaminted mind of Rogue rulers in killing civilians

The world has been undergoing a remarkable transition and transformation under the weight of technological revolution and more recently  different variant of Artificial Intelligence..

Will  it do more good than harm? Will machine the creation of human intelligence be able to think feel and act like super human and outsmart  humans.

They are no longer hypothetical questions but crucial issues  confronting the world today. More particularly in the Post -truth world dominated and frustrated  by the militarised,dehumanized  and diseased mind of most of the fascist rulers all over the world.

Come to think of it, issues like, palestanians cry for recovery of their home land and Ukarine's helplessness in the face of Russian arrogance and folly, disturbs our mind and dim our hopes for the evolution of decent, well balanced international political and economic order.

More importantly the crass silence of the global south in not voicing the reasoned response and support for the cause of palestaneians is puzzling and  frustrating.

The Middle East is sitting on volcanoes of prolonged war. The US which aids and abets Israel war machine to kill the innocent civilians does not have any moral right to police. It's blindfolded and bemused by the presence of a monster called Trump, and his anti immigrant labour policy and his crude plea for heightened protectionist tendancies which has made globalization as a mockery. At a time when developing south and emerging markets are willing to allow themselves to be raped given their urge to earn export, the world is getting deglobalized selectively to protect the industrial powers of the affluent bloc.

The general allegation that Japan in the distant past and china of more recent vintage have been consistently destroying the international trading world with its single minded drive towards Mercantilist conquest is now applicable to the U S,emerging as a rogue state. The US and many others in the global economy creak beneath hopeless burden of debts and deficits, vaulting inflation, escalated food inflation and all nations experience great supply shocks.

America's persistent deficits to leach away saving,drive up consumption and suck in imports. It took a long time to reduce interest rate as inflation was stubbornly refusing to fall  and weakening dollar did not give much space through international Fischer effect.

The real cold war is between the U S and china and india is caught between devil and deep sea..

The leadership is keen to annex states under BJP rule by hook or crook  and not worry much about belligerence of china and the series of insults and humiliation stemming from it.

There are signs that china is willing to listen to reason and use diplomacy to defuse tension and moderate US romance with india.It remains to be seen how far and hiw long china will play this hide and seek game.

who am I- part 2

Being an ordinary human all of us desire a lot and dream a lot to attain all the material requisites of well being to use Alfred Marshall words.Excepting the corrupt politicians,  avaracious bankers, corporate frauds, unscrupulous bureaucrats, unethical teachers and business men and many other tribes of this kind who want to be rich by hook or crook, the majority of the people are basically good and honest and want to lead a decent life amidst all chaos and complexity of life.invariably many belonging to this set have problems to confront day in and day out.

The tragedy of life is that there's a hidden or many times open fight or subtle confrontation between these two classes, the most corrupt and least good on the one hand and the rest of population living in truth and honesty, but struggling in their minimum materialistic pursuit, or academic goals or climbing their administrative ladders..in this broad context only the question who am I has a reevance .The life of a nation as also the life of an individual revolves around the opposing forces  operating between the good and the bad..

Having been a student of Economics for more than five  decades  I feel that many a time government and the criminalized segment of population in different walks of life  become problems as the  former develops sectional bias and the latter get soaked  in sensual and materialistic Ife with a royal culture of thousands cars, driven by unbridled greed, vaulting ambition  to capture power, enjoy higher position, not by ethical means .This is the classic case of Gresham's Law, a la the Bad drives Good from circulation.

Politics becomes a business,  a trading activity, a lucrative family concern and  money making madness  becomes a norm there.Business becomes a close ally of power seeking and corrupt politicians and this Nexus, the collusive oligopoly between them is on the rise and that explains the corporate frauds  not paying bank loans , evading taxes  and the government writing off huge amount of loans the wilful defaulters...This crony capitalism has done more havoc ...The ego centric journey of the microscopic minority always uttering I and My as vedic words and also  living in a world of illusions and delusion sans ethics and accountability, is the Bane of the society..

The economic governance of the country thus falls on the shoulder of the ordinary individuals and middle class and they swallow all the regressive and oppressive taxes..

The question who am I, is deliberated in a different sense and one has to ask oneself where he belongs to.If the affluent do not and will not contribute more in the form of taxes and the ordinary poor have  to shell out via the indirect tax of GST and the rise in the collection is seen as a positive sign of economy growing and the federal government plays politics in managing the devolution of that amount between the states and also distribution of the share in the most vindictive way,  it is time we paid more attention to the ethical and moral side of the so called regulators  not selectively with all dirty and filthy politics built into it.

The criminalized segment of the community will never rest content with a mountain of wealth that they have at a point of time  but  always on the  wheels to augment it , protect it by all possible means including the switch over to a political asylum where the law will hardly touch them.

This does not auger well for democracy.Those insane persons shedding crocodile years on the excesses of emergency as the dark spots must do introspection in themselves and grasp into the molecules of their brain to what extent the constitution and democracy have been molested and raped beyond repair and recognition.Let everyone ask who am I?

who am I ? ..part 1

Who am I? I am not sure whether it has been posted earlier.Today I stumbled upon these skeleton notes written when I was in De!hi long ago.Who am I is the significant spiritual question raise Ramana Maharshi and most of us are unable to delink our true intrinsic nature from our body and for many I and My dominate and ego centric journey' and an all encompassing pursuit of criminaised politicians have been causing havoc and his bcom problem rather than being a solution.

Who am I is also the  title of Jackie John movie.I saw the movie long ago and I can't recall anything.with ageing process I can't remember many things and his loss of memory is good and brain is decluttered...but some Economics will remain and given the compulsive environment I will  savour it at the very fundamentals.

I do have a sensitive and honest side and also a sensual and romantic side and also simultaneously yearning towards the meaning and purpose of this insipid life our barren existence.Gazing at the innumerable stars dancing in he sky, and also bountiful nature parading its beauty on earth, including the majestic mountains and pervading forests and the restless oceans and seas I have developed a child's curiosity and  unbridled enthusiasm to watch and hear from them.

R A Mundell a noble Lauret told at his young age : A date other a girl, a swim in the sea , a conversation with a genius and  a look at the sunset are all goods.They all provide satisfaction. Peace and blissful experience.Do we have time to internalize what Mundell ruminated? Do  we have time to enjoy all the simplest pleasures of life independent of digital technology, data mining and machine learning?Will artificial intelligence be a boon or Bane  for a healthy lifestyle and peaceful mind-set?

To be concluded

Towards understanding stock Market

Understanding the movement of prices in financial markets especially stock market and foreign exchange market is really a complex phenomenon.The asset prices are generally dependent on not only the present conditions but also  future developments.This means expected price in future influences today price..

From Burton Malkiel I have learnt that  fundamentally there are two approaches towards valuation in stock market.First one is understanding the true intrinsic value of the stock.ie there is something called anchor which holds the value around a particular level.This comes under the firm foundation theory.

If only one could guess and estimate te true intrinsic value ,any large deviations from it, upward or downward will cause selling and buying and  continued flow of information will push the value  towards its true value.This simply means all the available information today about its stock valuation and the future prospects will together define the value of a stock at a given time.

This is not to suggest that fundamentals dictate the stock market price. John Maynard Keynes the greatest economist of 20 the century , a financial wizard observed that invariably professional traders and investors largely go by intuition. Perception and crowd behaviour..iethey don't bother much about firm foundation theory and stock market resembles like gamblers den.

It is called as castle in the air theory.

We shalll talk more at a future date

Translation of Kamathupal 1

Who is this beautiful girl ?

An angel descended fom Heaven 

Or a forest dwelling colourful peacock ?

Oh she is wearing heavy earstud..ear ring

So this damsel is only human

Be that as it may,

I am bemused and blindfolded by her

And intoxicated and also tormented by 

her sight and infinite beauty

By Prof D Sambandhan