Archive for September, 2010

RAISING THE BAR

Monday, September 20, 2010 13:30 No Comments

For thousands of years, gold has been valued as a global currency, a commodity, an investment and simply an object of beauty.  In the 1981 Iranian hostage crisis, Iran refused to accept U.S. dollars in return for releasing the American hostages it held. So the U.S. transferred 50 tonnes of gold instead. As then Treasury [...]

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Environment Vs Development

Thursday, September 2, 2010 14:16 No Comments

Albert Maslow postulated hierarchy of needs.  With gradual improvements in our financial status, our needs keep changing.  At different levels of economic development, the priorities are different.  Water borne diseases may be important at a certain level to income, lifestyle diseases at another.

In his brilliant book, “The Hungry Tide”, Amitav Ghosh explores the fascinating [...]

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