Friday, July 18, 2008

Order! Order whose? By Chandra


When I read the article OURVIEW yesterday livemint news paper it sited quote from Nobel winning economist, it read “Nobel economist Douglass North has divided human societies into two categories. First, “limited access orders” which create orders by using the political system to limit economic participation, a process that creates excess profits (or what economists call rents). These rents are used to impose political stability and limit violence. Second, “open access orders” which maintain order by competition rather than rent seeking”.

Apparently, it shows that the coercion is the former system and the F A Hayek musings of spontaneous order is the later one where individuals are the orders and decision makers.

Luckily I have North book (Understanding the Process of Economic Change) in front of me, when I write this. When I saw this book first time in 2006 I come crossed two interesting lines in the book. They are as follow:

“Uncertainty has a long history in economic literature” p.13

“The development of well specified property rights, for example, will make the overall environment more predicable but will increase uncertainty for those who traditionally have used the land in question without having formal title. Hence an essential question we must ask is, who makes the rules and for whom and what are their objectives”. He went on to say “individuals are the decision makers”…. “and market has the lowest production and transition costs attainable” p.15.

This book is everyone must read book!


In fact the 1st Chapter of the book is available in online go ahead and muse what change he premise.

Thursday, July 17, 2008

Choice is life by Chandra

Life is feasible for people when they have access of many choices in things which are essentials. A student written (UC Berkeley) his PhD theses in 88 pages only! that is too in Economics. It is shocking me I have never heard nor seen any such kind of theses in Indian universities. Indian universities produces theses minimum of 200 pages. Maximum it may goes to what the supervisor think note that not what the research area or topic reveal not even what the student muse on the topic. Tragedy tragedy!. Quality matters in research analysis.
Recently I read a Indian economist CV, it was 74 page!

Check out here, though one can not simple understand the concept unless have expertise on the subject.

Wednesday, July 16, 2008

Matrix of Ideas Transmission by Chandra

There is several ways to transmit the idea among human beings but no other method evolved on this earth except involving people.
"A teacher is the architect of future generation and hence the future of India depends upon the teacher to a great extent".
This article pity focused from student’s point of view. It reminds me several occasions where I encountered such absurd teachers, professors in class rooms in my school and college days.
There is also another article (Awakening a slumbering elephant: CCS in India) by respected free market economist in India is Dr Parth J Shah, President of the liberal think tank ‘Centre for Civil Society’ . He tells four different type of targeting the future generation to transmit the idea.
It really awake me to open the eye to imagine how one could march towards self sufficient of knowledge in a particular field or in institution or in society etc amazing when I realize the actions of ideas around the world played by human beings.

He engages reader quite well! Do read 7th article published in a book by IEA, London.

Friday, June 27, 2008

The unjust socialism by Chandra

After reading this new post by GMU professor, I was blogging F A Hayek “Individualism: True and False” whether it is available in PDF copy.

I got something else called “Socialism and Individualism” published in April 1 1907 by New York Times. It was a address by the than Columbia President Nicholas Murray Butler.

He propagates socialism which is yet to over come any of other human problems except it own damages that it done to society.

Thursday, June 26, 2008

RBI=Thief who tries to escape a chasing crowd money by pointing “thief” at somebody ahead of him by Chandra

Quite good article but the point he made is unforgivable, in my understanding of Economics 101, there is no such thing as several hundred point basis to hike interest rates and CRR. What the nonsense he is talking?

"If RBI is interested in protecting the integrity of the currency, then it should hike the interest rates and the CRR by several hundred basis points"

My friend liberal economist use tell me "Economics professor's ideas never demise, mere their physical presence only demise" but on the streets of India on which man walk everyday in the route of prices, the natural order of Economics 101 is killed by every misunderstanding. Are you on these line? I do not know.

Tuesday, June 24, 2008

Parents are rule of law to their children’s SCHOOLS by Chandra

There is an interesting article by Jayanti Roy, she is a Deputy Director, Academic Staff College, Panjab University but seems me he understand quite well what parents wanted from schools.

She writes quite revealing and the following a three paragraphs are note worthy!

“In fact, the schools can help ease the parents’ burden of raising the child by having parent-friendly procedures, timings, workings, etc. They can involve parents in decision-making, take regular feedbacks about the working of the school, invite their suggestions and recommendations and implement them if these are really good.

Schools can use parents’ expertise in giving exposure to their students regarding different careers and professions. Parents should be seen as assets and human resources. Qualified and interested parents can be called in as substitute teachers, resource persons.

Had American President Abraham Lincoln written that famous letter to his son’s teacher working in one of these parent-unfriendly schools, he would have got a rebuke from the school authorities. As parents, we do not ask for much. We only want to be equal and respected partners in sculpting our children’s personalities, which will only make the school’s work easier and more in tune with social expectations”.
Read it as I pasted it below.

Parents’ role in school by Jayanti Roy
As parents, we do not ask for much. We only want to beequal and respected partners in sculpting our children’s personalities, which will only make the school’s workeasier and more in tune with social expectations.Jayanti Roy
For long, educationists and policy planners have been advocating for our schools to be child friendly. However, there is another equally significant aspect regarding the working of our schools that is seldom spoken about—schools should be parent friendly, too. Most of the schools will fail miserably, if tested on this account.
So, what is being parent friendly? It is not demanding lesser fees or more facilities or that the parents be treated specially but recognising the need of the parents to breathe easy while raising children and trying to give them a quality education.

Most of the schools make parents feel as if they have done something wrong. Today, parents seeking admission of their wards to various classes are seen as beggars. Every other day we read news reports about the highhandedness of school authorities. Most of the school managements are whimsical, arrogant and have archaic and rigid rules.

There is no transparency regarding management, its members, admissions, recruitments and qualifications of teachers, fee structure, awards, decision-making process, etc. This way schools maintain their arbitrary workings. God save the parent who wishes to know about these aspects.

The parents and their kids are subjected to different kind of emotional tortures. These things are rarely reported because parents are vulnerable targets as they are ready to suffer for the welfare of their children. Instead of raising their voice and taking stand, they prefer to keep quiet and suffer.

I know of a school principal who takes pride in turning the poor parents to tear for such small faults as rushing to the school to hand over the lunch-box to the child who has by mistake left it at home. In a much-sought-after school in Chandigarh, the staff are rude, they misbehave with parents and don’t show even the basic civil courtesy towards them.

This speaks a lot about the prevailing culture of snobbish negativity in the institute. What type of education a child will get in such atmosphere is another issue. To meet a principal of even an ordinary school, a parent has to pass through a security check. One has to divulge all the personal details, reason for appointment, etc. before he is allowed to meet with the vice-principal, who then clears the ultimate meeting.

Some schools impose heavy penalty in cash for trifle reasons. Parents are seen as culprits bent upon thwarting the school hierarchy. A school charges Rs 100 per day fine for late deposition of fee which cannot be waived even if there is a valid reason such as death or accident in the family.

Some schools refuse to refund the security money if the original receipt is lost. Annual functions and celebration of special days have become pretexts for harassment of parents. Are these rules there to improve the child’s intellect or to punish the parents?

In fact, the schools can help ease the parents’ burden of raising the child by having parent-friendly procedures, timings, workings, etc. They can involve parents in decision-making, take regular feedbacks about the working of the school, invite their suggestions and recommendations and implement them if these are really good.

Schools can use parents’ expertise in giving exposure to their students regarding different careers and professions. Parents should be seen as assets and human resources. Qualified and interested parents can be called in as substitute teachers, resource persons.

There can be joint workshops, discussion forums with school authorities and parents to mutually learn from each other, the focus being child’s all round development. In such a scenario, the emphasis would be on establishing and maintaining a bond of goodwill with the parents, which will in turn create a joyous learning environment in the school.

Had American President Abraham Lincoln written that famous letter to his son’s teacher working in one of these parent-unfriendly schools, he would have got a rebuke from the school authorities. As parents, we do not ask for much. We only want to be equal and respected partners in sculpting our children’s personalities, which will only make the school’s work easier and more in tune with social expectations.

The writer is Deputy Director, Academic Staff College, Panjab University, Chandigarh

The Fanatic Government over Schools by Chandra

The schools should be accountable to children’s and their parents instead to the bureaucratic papus and politicians. Beside, the schools irrespective of Government or private it should have autonomy to function what its customers needed that is parents and children’s. As you and I expect to satisfy particular product brought from any market.
There is a strikes by Parents Teachers Association appointed teacher’s in Himachal Pradesh, due to their validity of appointment. Though the, PTA appointed teachers are demanding for regularization of their employment but it should be based their performance instead blindly counting the number of years their served.

For the ready information I have pasted the full news below.

PTA appointees launch strike Seek regularisation, end to probe Tribune News Service
Shimla, June 23 2008 Demanding withdrawal of the inquiry into their appointment and regularisation of services, thousands of PTA appointees all over the state today went on strike, affecting studies in many schools, especially in the remote areas.
Hundreds of PTA appointees today staged a rally here today, raising anti-government slogans. Five PTA teachers sat on a relay fast close to the state secretariat which will continue indefinitely. They also distributed pamphlets about the injustice being meted out to them.
Vivek Mehta, president of the State PTA Teachers Association, said after teaching for six years in schools there was no justification in holding an inquiry into their appointments. “Our services should be regularised, a proper PTA policy be made and the inquiry being conducted into our appointment must be withdrawn immediately,” he demanded.
He said that the PTA teachers were open to a dialogue with the government but in case they are not called for talks, they would be forced to intensify their agitation. “We have been teaching in schools at one sixth the salary being given to permanent teachers, so it is totally unjustified to look into our appointments now,” he said.
Mehta claimed that the functioning of 70 per cent schools in the state had been affected and once information about the strike reaches the remote and far-flung areas, all schools would be affected. He claimed that over 220 schools, including 48 in Shimla, 16 in Sirmaur, 82 in Chamba, 12 in Kinnaur, 14 in Kullu, 15 in Solan 17 in Mandi, 31 in Kangra, 10 in Bilaspur, nine in Una and four in Hamirpur were solely being run by PTA appointees.
He also disputed the statement of the director, secondary education, that the PTA appointees had gone on strike without giving a prior notice. “We had gone to meet the director but he was not available and so we gave notice for the strike by getting it received in the central diary,” he said. He said that there was great resentment among the 15,000 PTA appointees and the government would be responsible in case they adopted an aggressive path. He said imposing new conditions on the PTA appointments was totally wrong when they had been appointed by the previous regime as per rules.