MC, You have an Aye from me! Would really like to understand the failure on ALL fronts theory.
Since foreign funds are pouring in, the markets around the developed world do talk of India in glowing terms, a huge middle class with real buying capabilities is forming, new investments in new businesses are happening, the stock market and real estate around the country is rising and I am personally on the verge of investing a lion's share of limited amounts of money in India, I would rather take a considered opinion that talks of the other point of view. Would appreciate, however, if you can do more than the general staple of India baiters. That stuff has been hashed and rehashed - most of it is trite and devoid of much reasoning. --- Ram Sarangapani <[EMAIL PROTECTED]> wrote: > Dear MC, > > I would like to get a few things out of the way > first. > > My giving opinions on Assam.org is not intended as a > contest between > you and me or others. Views posted here are all > personal views. > Sometimes we are wrong and at others we are right. > Thats where it > stands. > > My only comment on this particular topic was about > the effects of > spending, which you categorized as a 'theory'. I did > not think it was > nor did I claim it to be one. > I posted the comment more as one more facet of > corruption of public > funds. Santanu, who is actually an economist, gave > us some good > explanations and with good analyses. > > > Are you sure you can stand my scandalizing India's > total failure in all > > fronts .And what needs doing? > > What does that mean? My comment in no way even > talked about this > aspect. You can scandalize India and all its > progress to kingdom come. > That is up to you. And it does not affect "me" in > the least. You have > your views, and others have theirs. I respect your > views. The Assam > org is capable of accommodating both. My views are > obviously different > from yours. > > Have a good day. > > --Ram > > > On 8/30/05, mc mahant <[EMAIL PROTECTED]> > wrote: > > Are you sure you can stand my scandalizing > India's total failure in all > > fronts .And what needs doing? > > If I get a good many 'AYE's-- I will = pl.-give > me a few days. > > mm > > > > > > >From: Ram Sarangapani <[EMAIL PROTECTED]> > > >To: mc mahant <[EMAIL PROTECTED]> > > >CC: ASSAMNET <[email protected]> > > >Subject: Re: [Assam] BWeek- 500% growth in India > - if corruption > > >gone;private limite... > > >Date: Tue, 30 Aug 2005 08:28:29 -0500 > > > > > >mm, > > > > > >I already acknowledged that "I am be wrong" and > differed the matter to > > >economists we have on the net. The post was to to > a public forum, open > > >for discussions. None of us pretend we know > everything or have airs > > >about us. We are open in our discussions, and > wish that people like > > >you with so much experience, as you so vividly > claimed, would join in > > >on healthy discussions instead of instead of > writing personal emails. > > > > > >You could join in and pitch in your views, > instead of writing ONLY to me. > > > > > > > After trying to create a new theory on > Economics you are now hesitating: > > > > > >Is that what you came up with? That is > dissapointing. Also if you > > >find you have better theories, you should put > that up on Assam org > > >too. > > > > > >I am putting this discussion thread on Assam org > so that others can > > >also enjoy/join in the discussions. > > > > > >Have a good one. > > > > > > > > >On 8/29/05, mc mahant <[EMAIL PROTECTED]> > wrote: > > > > After trying to create a new theory on > Economics you are now hesitating: > > > > > > > > > > > > 'That was a bit of analysis, I just came up > with, on the fly. I am > > > > sure, I went wrong somewhere. Maybe, > professional economists will have > > > > to weigh in." > > > > > > > > Good > > > > > > > > mm > > > > > > > > > > > > > > > > >From: Ram Sarangapani <[EMAIL PROTECTED]> > > > > >To: "[EMAIL PROTECTED]" <[EMAIL PROTECTED]> > > > > >CC: [EMAIL PROTECTED], > [email protected] > > > > >Subject: Re: [Assam] BWeek- 500% growth in > India - if corruption > > > > >gone;private limite... > > > > >Date: Mon, 29 Aug 2005 16:49:04 -0500 > > > > > > > > > >Bhuban da, > > > > > > > > > >Excuse me for butting in. > > > > > > > > > > >The overall economy of the country is not > affected. > > > > > > > > > >I am so sure. The corrupt (assuming that they > now have discretionary > > > > >income) may actually spend the money on > luxuries, autos, > > > > >airconditioners etc.The poor on the other > hand may actually spend the > > > > >money to but essential commodities, medicines > etc. > > > > > > > > > >Now, if the poor do not get the money (they > were supposed to get), > > > > >then one can assume that they go deeper into > debt, while prices keep > > > > >up with the extra money infused into the > economy (because of leakages > > > > >in the aid system), and may have to depend > more on social services (at > > > > >tax payer expense), but now at a higher cost > to the country (tax > > > > >payers). > > > > > > > > > >That was a bit of analysis, I just came up > with, on the fly. I am > > > > >sure, I went wrong somewhere. Maybe, > professional economists will have > > > > >to weigh in. > > > > > > > > > >--Ram > > > > > > > > > > > > > > > > > > > > > > > > >On 8/29/05, [EMAIL PROTECTED] <[EMAIL PROTECTED]> > wrote: > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > As I said I am no economist and was > mouthing what other economist > > >had > > > > >said > > > > > > about corruption and its overall affect on > the national economy. > > >Amartya > > > > >Sen > > > > > > is a brilliant thinker and his finer point > has possibly been > > >overlooked > > > > >by > > > > > > other economists. What I understand is > that the corrupt person grabs > > >the > > > > > > money from the underdog directly or > indirectly but as the person > > >spends > > > > >the > > > > > > money, it circulates and is accounted > for. The overall economy of > > >the > > > > > > country is not affected. I plead those > who know about these things > > >to > > > > > > rescue me; perhaps they could even throw > their gauntlets to the > > > > > > noble-laureate! > > > > > > > > > > > > > > > > > > > > > > > > Bhuban > === message truncated === ____________________________________________________ Start your day with Yahoo! - make it your home page http://www.yahoo.com/r/hs _______________________________________________ assam mailing list [email protected] http://assamnet.org/mailman/listinfo/assam_assamnet.org
