Bhagirath Baria

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The Author of this blog has keen interest in understanding Economics and its implications on the Individual and the Economy as a whole. Has been writing articles and analysis of issues that may skip general observation, but exert deep influence on people's lives and their decisions. Discussions and Debates related to conventional as well as non-conventional Economics is done here. The author of this blog doesn't classify himself to any particular School of thought in Economics. He is tilted toward Mainstream Economics, though has keen interest in a few Heterodox schools too. Wishing all the readers a truly enriching experience.

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Rath & Economics by Bhagirath Baria is licensed under a Creative Commons Attribution-NoDerivs 2.5 India License.
Based on a work at www.rathandeconomics.blogspot.com.
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Collection of personal quotes

These are random ideas, observations and views about a variety of phenomenons that keep happening around. Have a look, you might find words that resemble your ideas and philosophy too!

"In the structural composition of human economic rationality, lie the hidden driving forces of non-economic logic, inspired and enforced by the hybrid laws of Darwinian evolution."

"Markets can be defined as a huge dynamic flow of behavioural information- primarily having two sources: one, the information flowing from the behaviour of buyers; two, information flowing from the behaviour of sellers- which we popularly call Demand and Supply respectively. Pooling together of these two behavioural knowledge- generates movements toward equilibrium and thus the discovery of price."

"Unanticipated inflation can distort information regarding the price elasticities of demand and supply in goods market."

"Investment implies sacrifice of current consumption, thus producing a lagged relationship between current time period’s marginal utility and future time period’s marginal utility."

"In the capitalist reality, the rich define what poverty is, why poverty exists, and what must be done about it. Indeed, when a class whose interest is diametrically opposed to the poors of the world, defines & decides on these issues, the result is always the reproduction of poverty- though with newer definitions."


"Society, through an Economic lense, manifests itself as an Aggregate of finite units of labour time, qualitatively heterogenous(due to skilled and unskilled labour) but quantitatively reduced to homogenous & finite time-units(due to an abstraction of all concrete labours to human labour in abstract)."


"Occupying a place in the Social Division of Labour in the modern Economic reality becomes 'success'. Individuals in a spatially diffused, atomized yet highly connected Economic reality assume such processes as the natural laws of human life, despite them being merely a product of a Historically specific mode of social life."


"Corruption is not a compartmentalized phenomenon, it originates and is supplied by the Society. Hence, Corruption is a Social phenomenon."


"Liberty is not the monopoly of Libertarians."


"God is not the monopoly of religions."


"Ideological extremism is central to combustion of ideas. It is this combustion of ideas that is the key to search for and the prevalence of truth."


"The problem with ideologues is that they want the reality to match their theories, rather than deducing theories from the reality."


"Liberty, without Equality and Fraternity is not liberty at all."


"Whatever may be the habitat, Organic processes of life remain the same."


"Politics, as a matter of fact, is fundamentally based on hatred."


"History provides enough examples, to justify most of the ideologies and ideological ideas."


"Poverty is simply the lack of availability of and access to commodities."


"How futile it appears, to celebrate a day that brings you 8760 hours nearer to your grave. Each Birthday is a reminder about the mortality of us humans."


"Every ideology formulates, sustains and teaches its own conceptual apparatus, so as to enable the learner understand the world through its own spectrum."


"If somehow all the Economists on this earth could be gathered at one place, put in a rocket, and sent away to some distant Galaxy, World would be a far better place to live!" -- P.S. its just a joke, we definitely need them!


"A firm is the molecule of modern economy, commodities being its cell."


"The brilliant-most fact about human species is the sheer amount of information that is produced, distributed, exchanged and consumed that surpasses any species in the known Universe."


"To learn and understand the reality correctly, one has to learn the dominant ideas first, only to unlearn them later."


"The persistence of simultaneous Disequilibrium in various spheres of Human life, warrants constant efforts to reach simultaneous Equilibrium in those spheres, is what appears to be the secret of all "Human Action."

{NOTE: All the quotes above are original, any resemblance to anyone's words shall be purely co-incidental.}

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