Thursday, July 19, 2012

fallacy of Natural science

Why is natural science an ever evolving revered field of study??

Probably its because proponents of science believe that its has a self corrective mechanism and therefore, cannot hide the truth from revealing itself for all times.

But , then what is this self corrective mechanism???

The procedure adopted that verifiable truth only can be incorporated as science and also by premising its discoveries with mathematical equations.

These mathematical equations and backing often tends to opine/create  truth absolute.

Absoluteness is something that cannot be attained and its unnatural.

However, with  time scientist are obsessed with creating absolute mathematical model and empirical proposition.

And, consequently are trapped in the vicious circle of finding the absolute, but , the fact of the matter is the absolute is non attainable.

No, I'm not being pessimist but  realistically absoluteness is absent.

Therefore, mathematical representation, backing  science holds no real sense.

The more one falls on mathematics for answer the more he is trapped in the limbo of unattainable.


Tuesday, July 17, 2012

july 17th, 2012


Indian Middle class

Jagdish bhagwati and Arving panagariya in a syndicated article "the bell tolls for congress party" writes that the aggrieved middle class will vote out the congress in 2014.They perceive that the middle class feels that their economic interest is threatened by  ill governance and corruption and this will manifest as angry votes that will push out congress.

No one can categorically say that middle class in India is a homogeneous group.Infact it is layered with high degree of caste and community characteristics- commonly know as "identity politics".

But, if shedding these traditional differences if they vote on economic understanding of the situation, then one can definitely say the celebrated authors were right.

Simultaneously, it also means that our so called middle class is better informed and evolved citizens then.Having said that, is then this elated scenario due to the efforts of the ruled government for the last 5 years.For, its because of them this portion of India tasted the fruits of economic prosperity.If that is true should you vote them out ??

Considering the global gloomy economic scenario and coalition limitation of the government, can't we excuse the congress for the slump? And, about corruption, we need Lokpal- an independent body.This is beyond party and any election. 

Is 21st century- "century of GAS" ??


With the advancement of technology more and more unconventional gas reserves are discovered and exploited for daily use."Shale gas" is the main contender on this unconventional segment.US has large reserve of it and is utilising it to the maximum as an alternate fuel.

IAE reports that the gas reserve has double since a decade and prospect looks extremely positive.It would definitely reduce pressure on oil.

But, transportation and storage are problems regarding gas.It is also capital intensive when thinking of liquifying it or developing a pipeline network.

Because of these reason, presently, the gas market is regional and restricted to customers who make long term contract commitment.

However, with time distance and worries of this kind would reduce.This is precisely the reason IEA is so bullish about the gas industry.Moreover, it is environment friendly.


China Model of development

Is the Chinese model of alternative development  worth replicating ?. A Chinese scholar calls it civilisational state  and some say it is appreciable balance between free market system and a fully state controlled system.

For the last 30 years china has been recording amazing growth.But, of late, it is cooling down.As the other major Asian economies, which experienced growth and then flattened, china has also entered this phase.

 Laws pertaining to de-listing of companies

 1.Securities contract(regulation) act 1956-SCRA
 2.Companies Act 1956



 

Monday, July 16, 2012

And, finally, that's it.

Have I reached there.

is it right to call it, a thoughtful give up?

does this lazy period meant, I am not meant to be there?

probably, its too much pot-holes to be filled.

And, I give up- can't read anymore.