“Capitalism Alone” (IM 769)

For the first time in human history the world is dominated by one economic system and that is Capitalism. We all are capitalist now whether we realize it or not. Branko Milanovic in his book “Capitalism Alone” examines the historical shifts that have led to capitalism’s dominance and highlights the varieties of capitalism at work…

Capitalism mindset (IM 745)

The trust in the future is what enables bank and the entire economy to flourish. Before 18th century, credit system didn’t exist and hence, they economy was undervalued. The people back then didn’t have the trust in the future. They thought that the future can’t be better than the present. But as the scientific and…

The driving force of economy (IM 591)

The trust in the future is what enables bank and the entire economy to flourish. Before 18th century, credit system didn’t exist and hence, they economy was undervalued. They people back then didn’t have the trust in the future. They thought that the future can’t be better than the present. But as the scientific and…

Capitalism today (IM #550)

Today, we live in the world where everyone follows the same rules and understands the same language of profit making. Recently, I was reading a book “Capitalism Alone” by Branko Milanovic, where he pictures how capitalists have ruled the world in terms of politics, economics, finance and power. And it makes a lot of sense….

Lesson from “The Millionaire Next Door” (IM 549)

Thomas J. Stanley, in his book ” The Millionaire Next Door: The Surprising Secrets of America’s Wealthy”, identifies and reveals the seven common traits that shows up again and again among those American who accumulate prodigious amount of wealth. Defining three terms Prodigious Accumulator of Wealth (PAW), Under Accumulator of Wealth (UAW) and Average Accumulator…

The perfect square (IM 477)

Health, Wealth, Love and perfect Self-expression complete the square of life. All these element bring a perfect happiness in us. Self-expression is the art of expressing our inner ‘us’. This has a key role in bringing perfect happiness. Somebody said,” No man gives to himself, but himself and no man takes away from himself, but…