Google Wave and Others

Google Wave


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Dat was the difference !!!! damn ... i should have known


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BBC Chennai



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Hotel Runs amid recession


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This perhaps inspired Tata Nano



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Lonely December

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Which Flavor


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Rules



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Swine Flu notice



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Working Chennai Ishtyle


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R n R caterers




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Reactions

I saw the 'Mumbai terror dispatches " documentary by ABC yesterday. And at various points, I thought about the various means did we had, or we still have to punish those terrorist handlers. After hearing their cold conversations, ordering the terrorists to kill people, anyone will come to the conclusion that they certainly deserve some punishment. But one year later, and India has almost nothing to show in terms of results.

But I still have hopes, and the following lines by George F Kennan come to mind.


"A democracy is peace-loving. It does not like to go to war. It is slow to rise to provocation. When it has once been provoked to the point where it must grasp the sword, it does not easily forgive its adversary for having produced this situation."


"The fact of the provocation then becomes itself the issue. Democracy fights in anger — it fights for the very reason that it was forced to go to war. It fights to punish the power that was rash enough and hostile enough to provoke it — to teach that power a lesson it will not forget, to prevent the thing from happening again. Such a war must be carried to the bitter end."


and yes....these lines offer much more insight...and perhaps hold much indication to what may happen in future.

"I sometimes wonder whether in this respect a democracy is not uncomfortably similar to one of those prehistoric monsters with a body as long as this room and a brain the size of a pin: he lies there in his comfortable primeval mud and pays little attention to his environment; he is slow to wrath — in fact, you practically have to whack his tail off to make him aware that his interests are being disturbed; but, once he grasps this, he lays about him with such blind determination that he not only destroys his adversary but largely wrecks his native habitat. You wonder whether it would not have been wiser for him to have taken a little more interest in what was going on at an earlier date and to have seen whether he could have prevented some of these situations from arising instead of proceeding from an undiscriminating indifference to a holy wrath equally undiscriminating."


George F Kennan was the first person to promote the principle of "containment" which formed the fundamental principle for US to counter Soviets in cold war.

Peace Conflict and Development

Peace Conflict and Development

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How to Prepare for Exams in IIT

There are just four rules on how to prepare for end semester exams

Celso Furtado: Structuralist Development Paradigm

Furtado draws a distinction between growth and development. Growth means rising levels of output, while development implies steady incorporation of labour force into lines of production in which the most advanced technologies are applied, and potential labour productivity is maximised.

Economic development of developed countries was based on continuing technological revolution in domestic production. As improved technology in capital goods production lowered prices of these goods, it resulted in a higher demand for capital goods by producers of consumer goods. This expanded the supply of consumer goods as well, as production became cheap. Prices were lowered and a greater percentage of population could afford them. The demand picked up. Meanwhile use of technology created an excess supply of labour, which was employed in the rapidly expanding consumer and capital goods production. Output expanded for foreign markets as well. Soon, this supply of cheap labour was completely employed in various industries and wages rose, squeezing profits and lowering investment rates. This might have threatened the entire economy, which would have grown at the rate of growth of labour force.

But, continuous technological innovation kept creating excess labour and the economy continued its forward march.

But the same expansion has not occurred in developing world. According to Furtado, the expansion of modern capitalist conclave depends on two key factors

1. Relative importance of the income to which it gives rise.

2. The extent to which this income remains within underdeveloped economy.

The latter factor depends on the incentive to invest in domestic economy. As, under-developed economies are primary-sector oriented and their most lucrative sectors are resource exporting ones, this investment initially takes place in these sectors. But, this investment fails to create any kind of sufficient internal demand which can induce a process of sustained investment to supply an expanding domestic market. He uses tables and theorizes as follows:

The rate of demand growth depends on amount of labour, wage rate, tax rates, domestic demand created by resource export sectors, extent to which profits and salaries are spent inside the domestic economy.

In a underdeveloped economy, initial wage rate is low, tax revenues are low and local production of capital and luxury consumption goods cannot compete with imports. The internal demand will depend on the amount of population absorbed in modern industrial sector. If a large amount if absorbed, per capita incomes will rise. This will expand the demand for mass consumption goods and create the necessary inducement for further investment. Otherwise this surplus, profits and income, will flow out of the country.

But, this figure is around 5-10% for most of the underdeveloped economies, and hence the profit capital outflows. The capitalist growth does not take place in absence of any investment. Even if modern sector labour force involved in primary resource export sectors becomes large enough, it might not prefer domestically produced inferior quality of goods. This demand will be satisfied by imports, exporting capital out of the country.

Thus the domestic industries will fail to grow, and the entire economy will be dependent on exports of resources. The main dynamic of growth will rest with external demand for these resources. These exports will also be needed as the purveyor of foreign exchange to finance the purchase of imports.

In order to emerge out of this situation, Furtado suggested import substitution and large scale investments by state in industrial sector. He also argues for establishment of common markets of developing countries.

He uses following Data-tables in his analysis:

1. Latin America: Evolution of external trade (Composition break up and value)

2. External trade indicators for selected Latin American countries

3. Latin America: Annual growth rates of the GDP

4. Latin America: Indicators of social conditions

5. Agrarian Structure indicators in selected Latin American countries

6. Farm efficiency indicators

7. Income distribution in selected countries

8. Allocation of personal income

9. Allocation of public expenditure

10. Evolution of imports in selected countries

11. Evolution of industrialization coefficient in selected countries

12. Evolution of import substitution coefficient in selected countries

13. Intensity of industrialisation process in selected countries

14. Structural evolution of GDP in selected countries

15. Structure and growth of the GDP after second world war

16. Indicators of capital formation of select countries

17. Sectoral productivity rankings

18. Evolution of coefficient of imports

19. Growth of agricultural production and population in selected countries

20. Average yield of key crops in selected countries

21. Agricultural production (principal commodities ) in major producing countries

22. Structure of production in manufacturing sector

23. Manufacturing exports and their share in industrial production

24. Installed capacity in cotton textile industry

25. Recent evolution of textile production in selected countries

26. Production in selected sectors of chemical industry

27. Paper production in selected countries

28. Steel ingot production in selected countries

29. Motor vehicle production and assembly

30. Crude oil production and refinement figures for selected countries

31. Electric energy generation in selected countries

32. Current account of balance of payments

33. Financing of deficits of current balance of payments

34. Direct foreign aid investment and external debt

35. Growth in sales of North American subsidiaries in the manufacturing sector and in total industrial output

36. US investments in Latin American manufacturing industries

37. Latin America: Terms of trade and purchasing power of exports

38. Latin America: Prices of principal commodity exports

39. Contribution of selected countries to total value of Latin American exports

40. Central America: Evolution of exports and intra-area trade

41. Central America: Evolution of GDP since 1950

42. Central America: Growth of GDP per capita

43. Evolution of trade among LAFTA countries

44. Target (Development Plan) rates and actual rates of growth in selected countries

45. Indicators of evolution of public expenditure and taxation

46. indicators of the evolution of tax structure

Semester Five: Some Random Graphs

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Cyclone 'End-Semester Exams' Hits IIT Madras

Cyclone 'End-Semester Exams' hit IIT Madras on Saturday 21st November 2009 C.E.. The cyclone first made its land fall at around 9 a.m. in the morning. The cyclone continues to batter the sylvan campus and no relief is expected for atleast next 7 days. Most of the critical infrastructure is down and out and mass chaos reign in the campus.

So far, the hurricane has caused several night outs and burnt a lot of mid-night oil. The cyclone was accompanied by 24 hr long power cuts, internet cuts, LAN cuts, partial black-outs, ATMs running out of cash, food shortages in messes and Tiffany's. This was followed by lack of water supply, lack of drinking water, lack of food and other essentials on Sunday.

A large number of hapless victims took shelter in superdome Ascendas, a huge zoo which, in normal times, hosts finest specimens of the species ‘girls’ which is highly endangered inside the IIT campus. The victims moved in with all their belongings, everything they had, books, and studied for the entire night, impressing visiting China-men Chennai-men, with their studying concentration. With maths quizzes lined up first, the student concentrated well on all curves, lines, figures, shapes and other symmetrical geometric figures. They were finally forcibly evicted out by heartless members of conservative group C-CAT (Chennai closes at Ten). Meanwhile, profiteers made a killing by selling hungry starving masses with astronomically priced essential food items like burgers, pizzas, tortilla chips, burritos, lasagna etc etc.

The condition is so bad that several respondents could not even give proper answers to questions posed by reporters. The fear of sheer destructive force could be felt in their voices. The hurricane caught people completely off guard in many cases.

Several unknowing victims were caught in toilets and bathrooms by the sudden disappearance of water. Their cries for help resonated across the hostel zone the entire Sunday. They also sent out emergency distress signals, improvising with the buckets and jars, in Morse code.

"I don't think you've seen anything like this. We're talking nuclear devastation." Co-ASS Co-CAS

"There's nothing left. You expect to see something, drops or something. But there's nothing there." - heard from a toilet in Ganga Hostel.

"A temporary disruption" DoSA.

Language and Social Change : A Case study of Evolution of Lyrics in Hindi Cinema

Language and Social Change: A case study of Hindi Film Lyrics

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The Rain Soaked Morning

I woke up one morning
to witness the night give
a goodbye hug to the rain
rains, often make you long
for someone you love
but you were not far away
you were present everywhere

the rain soaked morning
and the morning greenery
as tender, soft and fragrant
as your long lustrous wet tresses

the rich colors of the sunlight
a thousand special blends of peach
beauteous, spotless, cheery and hopeful
like the brilliance of your smiling face

the sunlight resting on the
dark morning clouds in the horizon
black cumulus wearing aurous shades
like light golden hues on your hair

a million sun kissed rain drops
joyous, virgin, capturing the morning beauty
in their convex curves
like your radiant black eyes

the morning wind, gliding past
the valley, mountains, rocks and ridges
laughing, singing, talking, whispering
in your silky, balmy voice

a pair of black backed forktails
preparing for a new day
their wet plumes as dark and sharp
as your smooth narrow eyebrows

a fresh flowering rose
it's young red petals quivering
in the chill of morning air
like your delicate sanguine lips

drenched rhododendrons on the slopes
luscious, glistening and so vibrant....
their bewitching flowers the glory of the valley
like your ravishing alluring graceful self

the sweet cold drizzling rain
the drops landing lovingly on the lusting land
crispy sounds on dead wet leaves
is it you, walking barefeet, on the soggy grass?

drenched morning taking a sunbath, the valley
resplendent in a million shades, sounds and smells
your shimmering scintillating sublime beauty
manifest in its every part

and I was only a silent admirer