The next edition of Proto.in, India’s biggest startup event, is scheduled for July 25th at the Dewang Mehta auditorium, Persistant Systems in Pune.
This edition of Proto intends to take a solid leap and focus on policies that support Start-ups both in IT and non IT sectors. The start-up community at Proto.in will analyze and understand how best to leverage the existing policies and in what ways it can get involved with key stakeholders such as the government in strengthening the policies further.
Book your tickets to the event – further details on their site.
Global Economy – Crisis, Cause and Cure.
Individuals and institutions not working for their native land are killing their nation in many ways.
Products and services not reaching your nation and people are destroying your nation.
Foolish nations are STACKING foreign currency as an asset while
wise nations are STOCKING gold and other natural resources.
Annadhatha MK Rao
Agriculturist & Reformist
annadhatha@sify.com
Nations ignoring Norinomics seldom prosper since Norinomics (Nori Economic Theory & Principles propounded by globally reputed scientist Nori Murthy) alone has the required potential to form the strongest and flawless base originating from the finest economic principles.
Thus Norinomics is the best economic theory ever propounded on earth, neglecting it is neglecting irreversible and everlasting prosperity. Hence scientist Nori Murthy richly deserves Bharat Ratna and Nobel Laureate for this priceless and ageless contribution to humanity across the length and breadth of the globe.
By: Annadhatha MK Rao, Economist, Age: 64
India and Indians become rich and happy by adopting the Tax Laws recommended by India’s globally reputed Akshara Brahma & Scientist NVSN Murthy since these tax laws have all the potential to multiply business growth, employment opportunities, industrial growth and national revenue in a simple, effective and efficient manner.
By all means, these laws are 100% pro-public, pro-industry, pro-entrepreneur, pro-taxpayer, pro-employee, pro-employer, pro-investor and pro-government. What more can we ask from scientist NVSN Murthy who is serving like a candle. For this priceless contribution to India and Indians, scientist NVSN Murthy richly deserves Bharat Ratna along adequate reward.
Even after celebrating 64 independence days, India and Indians did not see significant progress because India and its policy makers are not receptive to good ideas.
Finally, India and Indians do not prosper in the right direction if the recommendations of scientist NVSN Murthy are not implemented.
Lastly, we must quickly realize that we cannot change the fate of our nation and people if we do not change our mindset. We must also quit our selfish attitude, power and popularity games, race for name and fame, politics for position and popularity, credit stealing attitude, egotism, dogmatism, bureaucracy, demonocracy, hypocrisy and red-tapism for a common cause.
Let us also realize that India and Indians did not fail due to lack of knowledge or talent, we miserably failed on every count only due to lack of open-mindedness essential for adopting ideas coming from eminent people like Akshara Brahma & scientist NVSN Murthy.
By: Annadhatha MK Rao, Economist, Age: 64
Akshara Brahma & Scientist NVSN Murthy is a priceless and ageless gift to humanity and nations of our world. Let us be humane enough to honour him with Nobel Laureate.
By: Annadhatha MK Rao, Economist, Age: 64
Akshara Brahma Scientist NVSN Murthy gave numerous priceless recommendations to benefit people, institutions and nations of our world. He has meticulously loaded simple words with volumes of knowledge and wisdom.
Let us be wise enough to use this un-ceasing wealth to benefit the people and nations of our world.
By: Annadhatha MK Rao, Economist, Age: 64
Our selfishness seldom permits us to work for a common cause like scientist NVSN Murthy.
At least, let us be selfishness enough to adopt the priceless recommendations of our candle-like scientist NVSN Murthy for providing peace, progress and prosperity to individuals, institutions and nation.
Annadhatha MK Rao, Economist, Age: 65
Humanitarian, Philosopher, Philanthropist, Economist, Reformist, Akshara Brahma and Scientist NVSN Murthy is the greatest gift of God to our mother planet earth ever since the birth of earth.
Our selfishness seldom permits us to work for a common cause, at least, let us be selfishness enough to adopt the priceless recommendations of our scientist NVSN Murthy for providing peace, progress and prosperity to individuals, institutions and nation.
Annadhatha MK Rao, Economist, Age: 65
Note: This supersedes the above. By mistake I did not change the name.
Re-Yuan Trade:
India must follow China which made agreements with Brazil that allows payment for imports from China in Yaun and imports from Brazil in Lira. Further, China made similar agreements with several other countries like: Singapore, Malaysia, Korea, Argentina etc.
After visiting China, HDFC MD & CEO Aditya Puri made a bright proposal to Indian government to follow China and RBI kept mum on this crucial issue for reasons best known only to it.
At least now, we need to work on right priorities and must learn to take good ideas from eminent people like Aditya Puri.
Through this golden proposal, Aditya Puri proved a fact that he can make the best finance minister, prime minister and policy maker of India.
Lastly, the entire world must follow China in this aspect.
(1). Economy :
Happiness of the people is the real economy of a nation and all other things are traps.
(2). Economics :
The mechanism that makes the people happy is called economics.
(3). Misapprehensions :
GDP, Forex, Sensex and Inflation are not elements of economy; therefore they cannot measure the economy of a nation.
(4). Inflation :
Inflation is the market-exaggerated-disproportion in the production, distribution and consumption of goods, services and wealth. Therefore, this planning-sensitive element is not a worthy parameter for effective-assessment of the economy of a nation since the imbalances disappear either by planting preventive measures or timely corrective actions or permanently installed system-controls for timely actuation of precisely installed regulators.
(5). Economist:
Agriculture is the epicentre of economy, thus, no nation can survive if its farmer is suffering since agriculture and the mechanics of economics are the two reactants rigidly controlling and producing the final product generally being referred to as “Economy”, which too, is directly proportional to the speed at which a nation moves its men, material and money and, is accurately measurable for specifying its index by an economist who has sensibly blended fundamentals with commonsense and constantly qualifying himself as a precise tool for the intended job.
(6). Numbers & Digits:
Economists not isolating economy and economics from numbers and digits are destroying their nations.
(7). Economic policies:
Evaluate first, then adopt and finally adapt since economics is a subjective subject with objectives subjective and role-sensitive.
(8). Wealth:
Wealth can neither be created nor destroyed, but it transforms into several forms and possesses enormous potential to alter the dynamics of economics, its misplacement or displacement causes proportionate degree of imbalances in the economy of the nation.
(9). Money:
Money accumulation does not mean wealth acquisition since money seldom measures the strength of a nation or individual, more so, yellow metal.
(10). Real asset value of a nation:
Money in circulation is the real asset value of a nation since it is the only asset working for the nation, hence, the higher the better.
(11). Cooperation:
Cooperation is the orthocentre of economy and is directly proportional to the need and inversely proportional to the greed of the nations. Nations necessarily viewing cooperation as basic necessity become all-time rich.
(12). Bedrocks of economic growth:
Fair play, benefit-balancing and cooperation are the keystones that accelerate economic growth – destroying them is destroying nations.
(13). Governance:
Business is not the business of the government. Therefore, nations must not involve in any commercial activity since their only business is governance, policy making, administration, safety and security of the people, food and health security, draught and flood control, conservation of wildlife and forests, pollution and inflation control, infrastructure development, environmental protection, public service, standardization, rationalization and simplification of rules, regulations and procedures.
(14). Farmer’s Role:
Politicians in power seldom comeback to power by ignoring farmer, politicians aspiring power seldom come to power by ignoring farmer, political parties ignoring farmer do not survive.
(15). Present status of economics:
Economics became Agonymics since politicians removed economics from social science and merged it with power politics to suit their convenience. Therefore, economics no more deals with production, distribution and consumption of goods, services and wealth.
(16). Politics:
Accurate diagnosis and wrong prescription are the ethics of politics.
(17). Invasion:
Politicians invaded the theory & principles of economy and economics, therefore, these vital topics are no more understandable.
(18). Poverty Allotment:
Politicians reserved poverty for the poor and prosperity for themselves.
(19). Poverty Alleviation:
Poverty alleviation elevated politicians and eliminated the poor.
(20). Cost of Nothing:
Nothing is free in this world since everything comes from nothing.
Nothing is free in this world though everything comes from nothing.
(21). Cost of Price:
Since everything comes from nothing, the initial cost of everything is zero, as the value adds up, so does the price.
(22). Nation’s Health:
Wealth is not a measure of nation’s health.
(23). Speed Means Growth:
The economic growth of a nation is directly proportional to the speed at which the nation moves its men, material and money. However, safety and cost-effectiveness are vital considerations.
(24). Commonsense:
Commonsense is the essence of all kinds of knowledge available to human beings on earth. Therefore, commonsense has become the most uncommon commodity on earth ever since the birth of earth.
Unfortunately this priceless commodity is becoming more and more uncommon day-by-day, therefore due to its unavailability, we seldom apply this priceless commodity to solve problems.
Global Peace Pill:
Do not do for others what you do not want others to do for you.
Adopt “LoveAll-HateNone“philosophy originated from Humanity, therefore Humanity is the essence of all religions, faiths and philosophies of our acquisitive world.
Most importantly, for all those who believe in God, Humanity is the visible form of God.
There is God in everyone; we need eyes to see Him.
We acquire everything only to carry nothing.
A true religious mind knows no religion since GOD knows no religion.
No one is bad since everyone belongs to God.
We ask what we want, God gives what we need.
Laws not built on humanity do not last longer.
There is God within, we need humanity to see Him.
Neither individuals nor institutions nor nations become leaders by following or copying the other, therefore, make laws, rules and regulations relevant to the nation since the needs, problems, priorities and culture of different nations are different.
(25). Remuneration:
The more you give, the more you get – both remuneration and satisfaction.
(26). Nature (The Greatest Teacher on Earth):
Nations adopting nature’s laws become healthy.
(27). Global Peace Pill:
Do not do for others what you do not want others to do for you.
Adopt “LoveAll-HateNone“philosophy originated from Humanity, therefore Humanity is the essence of all religions, faiths and philosophies of our acquisitive world.
Most importantly, for all those who believe in God, Humanity is the visible form of God.
There is God in everyone; we need eyes to see Him.
We acquire everything only to carry nothing.
A true religious mind knows no religion since GOD knows no religion.
No one is bad since everyone belongs to God.
We ask what we want, God gives what we need.
Laws not built on humanity do not last longer.
There is God within, we need humanity to see Him.
(28). The need of the hour:
Sow humanity and reap peace.
Sow peace and reap progress.
Sow progress and reap prosperity.
Sow prosperity and reap endless happiness.
Therefore – Humanity is my caste, Humanity is my community, Humanity is my religion, Humanity is my creed, Humanity is my race, Humanity is my tribe, Humanity is my region, Humanity is my nationality, Humanity is my language, Humanity is my mother-tongue, Humanity is my consideration, Humanity is my philosophy, Humanity is my approach and Humanity is my way of life. Finally, Humanity is my whole world.
(29). Inseparables:
Pain and gain, body and soul, day and night, light and heat, and, noise and vibration are inseparables. Therefore do not waste time for this.
(30). Inevitables:
Failure and success are like day and night, ignore them and strive for stability.
(31). Source of failure:
At times we fail, many times we are failed.
(32). Statics and Dynamics:
Be dynamic since nothing on earth is static, including earth.
(33). Cause & Cure of Death:
Death means unwillingness to change.
(34). Acquisitions:
Balance your acquisitions since no one can carry anything.
(35). Hiring tasks:
Qualification seldom qualifies anyone for employment, percentage of marks does not mean merit, age does not mean maturity, experience does not mean knowledge, talent does not mean wisdom, sincerity does not mean creativity, drive does not mean determination, motivation does not mean innovation and honesty does not mean productivity and outspokenness does not mean output.
Therefore, employers must develop exacting tools to measure performance and creativity essential to assess usefulness and wage-worthiness. Individuals, Institutions and nations ignoring these facts end up in recruiting non-contributors and non-performers.
(36). Change:
Only a change can change a change and change alone can challenge a change along with the inevitable uncertainties associated with every change. These are the real challenges of life for the present and future generations.
(37). Uncertainties:
Uncertainty is more certain and more inevitable than the most inevitable change and challenges.
Thus, entrepreneurs must be more vigilant than never before since emerging technologies demanding abrupt changes need abnormal potential to absorb changes and challenges associated.
(38). Measure-worthy elements of a person:
Money, power, position, popularity, personality, qualification, experience and age of a person are not measure-worthy since performance and contribution alone matters.
(39). Science:
So far, science has miserably failed to understand the nature, its secrets and several things happening around. For reasons best known to all concerned, man-made tools like science, engineering and technology continue to fail forever, in spite of this hard reality, we must continue respect science since it carries the entire essential potential essential to add sweetness and flavour essential to make life worth living and enjoyable.
This fact is nothing but truth. Therefore, let us go along with the nature as thoughtfully did by the wisest and the most knowledgeable ancient people of our planet.
(40). Cost of selfishness:
Sun sets only on selfish.
(41). Source of smiles:
Good people give smiles, other give tears.
(42). Copying risks:
Neither individuals nor institutions nor nations become leaders by following or copying the other, therefore, make laws, rules and regulations relevant to the nation since the needs, problems, priorities and culture of different nations are different.
(43). Success:
Success seldom comes by following or copying or imitating, this analogy is true for individuals, institutions and nations.
(44). Heroism:
Genuine leaders follow heroism and seldom choose beaten tracks since following is a fault, copying is a crime and imitating is an offence.
(45). Life:
Life is uncertain because death is certain.
(46). Friendship:
The most valuable and least respected commodity on earth is friendship, whereas, the least valuable and most respected commodity on earth is money.
(47). Longevity:
Those who live more, suffer more.
(48). Earning:
We earn more only to live less.
(49). Eating:
We eat more only to live less.
(50). Strength & Stamina:
God gave strength to men and stamina to women.
(51). Truth:
We seldom seek truth since we are comfortable with facts.
(52). Facts:
Facts are partial truths.
(53). Lies:
We talk lies to live less.
(54). Disagreement:
People of earth are fighting for an invisible GOD common for all.
(55). God:
God is universal, so, He is not different for different people.
If God is different for different people, HE is no more a God.
(56). Ideas:
Ideas are more valuable than ideologists since every idea is a spontaneous overflow of powerful thinking and carries the potential to change the world.
(57). Greetings:
God seldom greets us because we are greedy.
(58). Rules:
If rules are not simpler, bitter will be the result.
(59). Food:
Agriculture gives food, arms give blood.
(60). Birth:
We take birth only to pursue death.
The way we live, the way we die.
Birth causes pain, death relieves pain.
Birth and death are accidental since life is incidental.
(61). Decisions:
Woman knows where the shoe pinches most; therefore their involvement is vital in decision-making process.
(62). Impossibilities:
Nothing is impossible since impossibilities are time-sensitive and person-sensitive; therefore, let us continue to chase for solutions.
(63). Time effect:
Buying power of money is increasing day-by-day, therefore – today money is able to buy what it failed to buy yesterday.
(64). Failures:
Willing to fail puts life on positive mode since unwilling to fail causes distress, disease and death.
(65). Weapons:
Weapons cause weeping – quit them. Guns do not give smiles, missiles do not mount peace, bombs do not bag boarders, arms do not bring arms together, money do not melt hearts, wealth cannot wipe-off tears, therefore let us apply something which is more powerful i.e. humanity to solve and resolve our problems and disputes.
(66). Tomorrow:
Tomorrow is not there for animals and other forms of life that are wiser than human beings. For reasons best known to us, we did not buy this philosophy and therefore, we became unwise. Thus, we started acquiring things for tomorrow ignoring the fact that tomorrow’s existence and its availability to us is entirely in the hands of tomorrow.
Finally, we must realize a fact that tomorrow is only in the hands of tomorrow; whereas, today is in our hands, therefore, let us contribute something today instead of waiting for tomorrow.
(67). Savings:
If I am saving something for tomorrow, I am depriving someone who needs it today (.) Saving something for tomorrow is depriving someone who needs that something today.
(68). Postponement:
Tomorrow is too late and too far for any good job, hence do it today.
(69). Spending:
We need to save something for a rainy-day which is bound to come to all of us, one day or the other.
(70). Words:
Words have no meaning of their own since they are subjective and thus, user-sensitive. Hence this world is a battle field for definitions.
(71). Our World:
Mad people think others are mad, others think the other way round. No one knows who is really mad since everyone is mad in his own way – this is the real beauty of our wonder-world wonderful enough to keep life going in a wonderfully wonderful manner.
(72). Love:
Lives loving love live lively since love loves the love lovely and the love loved by love loves the love lovely and lovingly.
(73). Progress:
Working against nature is unnatural and abusive, therefore work along with nature since nature is the greatest teacher with principles as rigid as rigid can be.
(74). Use:
Misuse and abuse are inevitable for things that are in use.
(75). Failure of money:
Money can buy pleasures, comforts and luxuries, not happiness.
(76). Composition of life:
God fills life with little satisfaction and large dissatisfaction.
(77). Hidden World:
This is a hidden world since everyone is hiding something.
(78). Today’s trend:
Become important by reducing other man’s importance.
(79). Talent:
Talent makes you competent, cleverness makes you successful.
(80). Perfection:
Never aim at perfection since it is not there.
No one is perfect since everyone is perfecting imperfection.
Nothing is perfect in the world since imperfection is being perfected.
(81). Excellency:
Consistency is better than Excellency.
(82). Misunderstanding:
We often misunderstand because it is easy to do so.
(83). Underperformance:
We underperform since we undermine learning.
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Norinomics
Easing Life and Economic Crisis
Economics and Life – Rationalized, Humanized and Harmonized
A New Economic Philosophy with a Human Face
MY contribution to MY people of MY planet
Humanizing Humans for Peace and Progress
Misunderstanding:
We often misunderstand because it is easy to do so.
Bends in life:
Every bend on the road need not be a bend in life.
Life:
Life is uncertain because death is certain.
Distribution of Strength & Stamina:
God gives strength to men and stamina to women.
Madness:
Everyone is mad since no one is glad.
Curiosity:
Curiosity causes creativity, create it.
Satisfaction:
Satisfy with earning, not with learning.
Studentship:
Remain as a student as long you remain on earth, this ensures success.
Learning:
Self-teaching is the best way of learning.
Bad Learner:
A poor listener is a bad learner and a very bad earner.
Friction:
Friction is responsible for industrial and population growth. This is the most sought-after element on earth.
Study Campus:
Campus qualifies to learn outside, pursue it.
Study Results:
Results mostly come from off-the campus learning, promote it.
Time Sharing:
Spare time to share with others.
Inventors:
Inventors may be mad, not inventions.
Every day is a turning point:
Every day we turn a day, whether we work or not.
Teamwork:
No team is strong since a weak man is there in every team, for sure; failure takes place through the least path of resistance.
Origin of life:
Life originates from friction and fluids.
Progress on earth:
Progress of any kind is impossible without friction and fluids; wear is the single largest controller of economy and economics of our world since it effectively affects individuals, institutions, organizations and nations.
Purity:
Nothing on earth is pure since nature believes in doping.
Purpose of life:
The purpose of life is not only to live, also to support other lives.
Brain robbery:
Brain robbery is the biggest crime since it involves physical, mental, financial, virtue and morality loss, at times – the life itself.
Love your society:
Life without love for others is not a life, it something untold by life.
Professional ethics:
Buy ideas, do not copy, also discourage copying.
Importance:
No one becomes important unless and until someone gives it, this being regarded as recognition.
Service to humanity:
There is God in every genuine needy, help him to serve Him.
Live to Love:
Life is not for living; it is for loving.
Certainty of life:
In life, nothing is more certain than death.
Qualification of work:
A qualitative work does not qualify to work.
Quality Work:
A quantified work is a quality work.
Adjectives:
Adjectives in reports adjourn actions.
Do only one thing at a time:
God gave us two eyes to see only one thing at a time, two ears to listen to only one thing at a time, two hands to do only one thing at a time and, two legs to reach one destination at a time. Therefore – the right way of doing many things at a time is to do only one thing at a time.
We get what we deserve most:
We cannot give anything to anyone, at the most, we can deliver something to someone granted by HIM and, HE gives us credit for delivering things granted by HIM.
Effect of Failures:
Failure seeds philosophy, changes psychology, imparts maturity and releases poetry.
Life’s live mode:
The purpose of life is to live, not to stay alive.
Problems:
Man created money and made it powerful too, thus the problems.
Remuneration:
Remuneration is for efforts and results, not for qualification or knowledge.
Omissions:
We omit errors to invite mistakes and thereafter blunders; finally we give excuses or bite the dust.
Knowledge:
Knowledge, if not delivered, disappears.
Seeds of progress:
Wise men prefer to wear-out since they believe that – it is better to wear-out than to rust-out. Unless we dissatisfy with the things around, we do not think of something better, thus the achievement of betterment is achieved since – there is always a best way of doing anything even it were to boil an egg.
Ruling cultures:
Rules rule the negative minds; service rules the positive ones.
Performance Standard:
Aiming at quality without achieving consistency is absurd. Never discuss quality since the term “quality” is a relative term, not an absolute one. Quality of goods and quality of persons is one and the same since both insist reliability and dependability.
Results:
Work produces output, contribution causes growth and innovation brings revolution.
Philosophy:
It needs an out-of-the-box imagination for understanding and development.
Real failure:
Failure to put efforts is the real failure.
Giving is gainful:
Giving is an investment for gaining, it is neither expensive nor an expenditure. Thus, give liberally and expect the fruits and experiences for the goods you deliver.
Real Challenge:
If a change cannot change a change, it is no more a change. Ideally, minor changes must deliver mega changes (benefits), thus design of small changes for deriving mega changes is the real challenge of our world.
Mind’s Rigidity:
Egotism is the rigidity of mind in a flexible body. The degree of rigidity is the extent of brittleness – the inherent characteristic that causes cracks and failures. Open-mindedness and broadmindedness are the remedial measures that ensure success, peace and progress.
Professionalism:
Rational thinking and logical approach must be eyes of a true professional, deviation from this principle causes derailment.
Genuine witness:
Time tells truth since it is the biggest enemy of all liars and afraid of none.
Leadership:
Biased leaders bypass progress.
Innovation:
The insignificant portion of creativity passing through bureaucracy i.e. net creativity
Vision:
God gives eyes, we need to develop vision.
Meeting is profitable:
Meeting more people means meeting more success since knowledge, ideas and prosperity comes mostly from meeting people.
Postponement:
Postponement postpones prosperity and attracts calamity.
Ideas:
Ideas originate from imagination. Thus, ideas are imagination-sensitive. They are neither age-sensitive nor power-sensitive nor position sensitive. The talent conceives and the genius buys.
Inability:
We can’t find a solution for every problem since we don’t reach the root of every problem.
Wine’s Wise Principle:
We blame wine since it is drowns more people than the sea, but it is drowns just the people, on the other hand, egotism is killing innovation and creativity essential for the overall wellbeing of human life, animal life and plant life, this fact and its impact are getting ignored for reasons best known to all involved.
Cause of tears:
Egoism is drowning nations and people in tears and troubles.
Failure Placement:
We seldom succeed if we place preferences in place of priorities.
Route for results:
Unless we burnout, we cannot bring out results.
Efforts & Results:
Seldom stop efforts since failures can fail results not efforts.
Insincerity:
Undirected efforts dilute results and take us to unwanted goals.
Value of Earth:
Nothing on earth is more valuable than earth.
Deviation:
The corrupt corrupts the corrupt, this erupts the world.
Nori Theory of Efforts (NTE):
For a dedicated worker, failure is an input and success is an output, he is untouched by both failures and successes.
NVS Narayana Murthy (Nori VSN Murthy), Independent Research Scientist (metallurgist), Age: 58, A temporary visitor on earth serving people and nations through re-scripting facts and fundamentals, Earthman (Indian), Caste: Peace, Religion: Progress, Community: Humanity, Race: Humanism, Nationality: Oneness, Profession: Service.
Also, a passing visitor on earth melting hearts and merging people through humanity and friendship for causing peace, progress, prosperity and happiness to people and nations since life on earth is a one-time gift of GOD, hence, certainly worth living without causing and inviting tears.
Place of birth: Indian soil
Current address: Asian soil
Present address: Planet earth
Permanent address: Unknown
Past address: Unknown
Future address: Unknown
Email address: norimurthy@sify.com
Belief betrays:
We fail if we prefer to believe what we prefer to be true.
Government must adopt the golden reforms proposed by India’s Global Scientist NVSN Murthy. The reforms designed by him are: pro-public, pro-government, pro-taxpayer, and pro-progress. Government cannot get this kind of proposals even after paying crores to its committees, consultants and advisors.
Debt:
Debt is neither a defeat nor death.
Also, it is neither a disease nor a devil, in most cases it is a status symbol too.
Coming to realities, debt is an accumulated deficit over a period of time. It is nothing but the inevitable borrowings used for supporting people with health care, education, infrastructure, relief, subsidies, goods and services.
Thus, nations must stop worrying about debt and start working for rising incomes to meet their peoples’ needs and, there is no point in wasting time and resources on debates and discussions since happiness of the people is the real economy of a nation and the mechanism that makes the people happy is called economics, everything else like GDP, Forex, Sensex and Inflation are nothing but traps.
Nori Murthy, Author-Norinomics
Full name: NVSN Murthy, Research Scientist, India
A temporary visitor on earth serving people and nations