Economically Speaking
I have not done any justice to ‘economics’ part of my H E AP blog. Not that I ever had any special credentials to brag about. In fact I found it a very boring subject in my college. Though, it is very fascinating as an after-thought. i.e. after the boom or bust books continue to be published for decades. Every country seems to have a top economic adviser drafting some eclectic policy, which is nowhere visible in ground level activities. I would like to bring forth an alternate view of economics, which of course is very much colored by my performance engineering experiences and perspectives. To me economics is about generating denominated transactions between living beings and entities. Almost similar but no exactly like standard definition of- the branch of knowledge concerned with the production, consumption, and transfer of wealth. To generate transactions, living entities need to flog natural resources and somebody else needs to consume them to complete the circ...