Reblogged from Mostly Economics:
A superb paper by Srijit Mishra of IGIDR.
The question of hunger, more often than not, is not due to non‐availability of food; it rather is a question of how to make the available food accessible to all (1). Again, provisioning of food for the hungry is not just to ensure that people eat. It also matters to look into issues of how much and what food people eat ‐ an adequate, balanced and nutritious diet matters.
Reblogged from Mostly Economics:
Jasmine Hall of Online Colleges sends this interesting list of the highest paid profs in US:
Like CEOs of sputtering companies receiving enormous salaries, the men and women steering the Titanic that is higher education in America could use a little pay scrutiny. After all, with many colleges cutting department budgets across the board, the only thing left to cut might just be (gasp!) faculty salaries.
In 1880 Major Clarence Dutton, while surveying the Grand Canyon, was tremendously impressed by the majestic butte rising about seven thousand feet above the riverbed. It reminded him of Hindu temples and so he named it Vishnu temple. In front of the Vishnu temple are the Krishna temple and Rama temple.
Reblogged from Mostly Economics:
I just wrote a while ago how investors keep being taken for a ride by active fund managers. This is common everywhere whether in India or US.
Now atleast we in India have a solution. There is an ongoing study in economic department of Mumbai University - Unraveling corruption in India: Politicians in the spotlight. The study shows Mumbai-based politicians make more returns than the city as a whole.
Which is the most iconic sketch on Gandhi? Not the Nehru clan – Mahatma Gandhi. Chances are you either remember the sketch on dandi march or the one we used to see on DD. Am still trying to figure who to be credited for the DD sketch – i somehow (read through propreitary internet search technique) found who drew the dandi sketch. In addition to the “gandhi-walking-towards-dandi” sketch, Nandala Bose (or Basu??) was a teacher, principal at Shantiniketan and a wonderful artist. Along with his disciples, he designed the constitution of India (designed – not drafted). Or rather provided illustrations, calligraphy and border art for the constitution of Republic of India. More details on art on the constitution in later posts. But as for now – some of Nandlal’s art:
Nandlal Bose, Artist, 1882 – 1996
Also Nandalāla Basu
A gifted and lyrical draftsman, Bose was a highly creative and intellectual artist and teacher whose work never remained static. Throughout his long career he explored a variety of styles and diverse mediums that captured his poetic—almost religious—vision of nature.
Nandlal Bose was born in 1882 in Bihar. He studied at the Calcutta Government College of Art under Abanindranath Tagore between 1905-10. He taught at the Indian School of Oriental Art and was principal at Kala Bhavan, Santiniketan between 1922-51.
Since 1911, Bose has exhibited in several national and international exhibitions
source; http://www.contemporaryindianart.com/nandlal_bose.htm & http://www.philamuseum.org/exhibitions/322.html?page=2
Imp links
Detailed info on jalsa coefficient and its derivation methodology can be found here.
Jalsa coeff can be used for various comparisons - I vs U, I vs I, I vs Them, current vs past, past vs future, future vs current……
but a simple technique is to consider a salary raise scenario – say you get promoted and now need to work more hours (at home or office is immaterial here). for simplicity lets assume your employer is generous and you demanding – and hence no weekend slogging. So, you work only 9hrs a day during weekdays. your salary – lets just is denoted by this variable “i”. your jalsa coeff is 9.57i. Post promotion (or as the case may be) you work 2hours extra daily on an average. i.e. 11 hours a day during weekdays. And again assume that no weekend work. your jalsa coeff for the same salary is 8.14i.
Reduction in jalsa HAS TO BE compensated by higher income. To get the new salary, we have to divide the two coeff (9.57i and 8.14i), to get 1.18 or ~18% increase in income. And this 18% is to just be at par. This does not even include weekend hours put in. say you put in 4hrs on weekend too, income should increase by atleast 37%. Your jalsa coeff should increase every year, as you OUGHT to have more fun every year.
and what about trips/site visits. well those days are complete waste as you are 24hrs a day away from your circle of jalsa.
j = i [ 24 - 8 - (5d + 2w)/7]
Jalsa – a widely common word used in western India. While it can be used in different contexts, it generally means “to enjoy”.
for eg:
or
for more examples please contact your nearest friend (real/twitter/facebook any will do) from the dry state.
Jalsa is a highly subjective term and can not be measured like we measure wealth, health, stealth, tilth… until now. Today i present you the Jalsa coefficient. Since everyone indulges in “Jalsa” in some or the other way – it made me think – how do we measure jalsa? Not because i wish to find how much jalsa does Mr Abc indulge in compared to Ms Xyz… but cause if i can measure it, i can manage it – or rather maximize it.
Lets discuss two important concepts here – time and money. Remember you had more jalsa (fun/enjoyment) during your college days when you had no money but all the time in the world – and now when you are working – you have all the money but very less time for yourself/family – let alone jalsa. However – that island trip was expensive but worth the jalsa you had there. Because even though some things don’t cost money – for EVERYTHING else you need visa (or mastercard but not AmericanExpress, it’s not accepted everywhere). So you need money – earned/borrowed/inherited – but you need for a certain degree of Jalsa.
So the conclusions drawn from the discussion are that, Jalsa is :
It is upto anyone how they use this free time – but let’s assume that one makes full use of one’s time and money.
How do we measure free time (or available time)?
Lets suppose you work ‘d’ hours per day during a weekday. Now work can be defined as anything non jalsa. Since Jalsa is generally associated with indulging in non-productive tasks (read non-earning tasks) – lets include office hours in your work. In addition once can add any other “Earning” task – investment time etc… No matter how much you enjoy it – you get paid for your work – so it should be included in your work time. So “d” hours per day on an average on weekdays represents your work time. Since some of us work on weekends (fortunate or not would be decided by the coefficient). lets say one works “w” hours per day on an average on weekends. So total hours available is = 52x [ 24x7 - (5d + 2w)].
But do not forget your beauty sleep – good sleep is essential for good health and hence wealth. 8 hours per day of sleep is essential for everyone (no, it does not include office nap time as you are getting paid for it). Subtracting the time you slept from our previous equation we get the total available time
available time = 52 * [ 24*7 - s*7 - (5d + 2w)]
Now that we have established this equation – lets move to the next task on hand -
How do we mea$ure income?
For simplicity lets measure income as your annual income from work. Lets denote it as “i”. To make it comprabale – I measure salary in $ million. For non $ denominated income, please use purchase power parity (PPP) multiple to calculate income.
Jalsa Coefficient
Jalsa coefficient being directly proportional to free/available time and income can be summarized as:
Annual Jalsa Coeffieint (J) = income x available time, or
J = i * 52 * [ 24*7 - s*7 - (5d + 2w)]
also we can denote daily jalsa coefficient as small “j”:
j = i * 52* [ 24*7 - s*7 - (5d + 2w)] / (52 * 7)
=> j = i *[ 24 - s - (5d + 2w)/7]
Please note – “J” or “j” is just a coefficient and has no absolute value. It can be only used for relative comparison.
I have built an excel form to compute jalsa coefficient. hope you can fill it out (anonymously) to track how good the coefficient is:
https://docs.google.com/spreadsheet/viewform?formkey=dEVTV2k1eHZDVmlkQXI2Vng4Ukd1a0E6MQ
Long name, but then artists are not defined by the length of their name. Shri Beohar Rammanohar Sinha might not be a widely recognized artist, but his art defintely is. Amongst the most prominent places, his art is visible on the constitution of Republic of India.
Hailing from “Hindustan ka dil” – Madhya Pradesh – Jabalpur to be precise. His family had been the zameendars in jabalpur area. His interests revolved around quit india movement, working with gandhi ji. He also drew the famous line sketch of M.K.Gandhi walking towards dandi…