Posts

Showing posts with the label Economics

The wine from Gapes of Wrath

Image
  “𝐓𝐡𝐞𝐲 𝐠𝐨𝐭 𝐭𝐨 𝐥𝐢𝐯𝐞 𝐛𝐞𝐟𝐨𝐫𝐞 𝐭𝐡𝐞𝐲 𝐜𝐚𝐧 𝐚𝐟𝐟𝐨𝐫𝐝 𝐭𝐨 𝐝𝐢𝐞.”   That is what John Steinbeck, the Iconic American Novelist wrote when he presented the vagaries of the migrant workers in his Pulitzer Prize winning work in 1939, "𝑇ℎ𝑒 𝐺𝑟𝑎𝑝𝑒𝑠 𝑜𝑓 𝑊𝑟𝑎𝑡ℎ".   The book raised a storm in California whose backdrop he built the narrative. One County Banned the book for almost one and half year. But that neither stopped Steinbeck from becoming most celebrated writer in the United States nor the book from winning a Pulitzer and talking to the conscience of millions who read it even now.   Steinbeck did not spin it as a fiction out of thin air or Hearsay. He had done a series of trips and followed the lives of the migrant workers early ‘30s and based on which he had written a set of essays released in as “𝑇ℎ𝑒 𝐻𝑎𝑟𝑣𝑒𝑠𝑡 𝐺𝑦𝑝𝑠𝑖𝑒𝑠: 𝑂𝑛 𝑡ℎ𝑒 𝑅𝑜𝑎𝑑 𝑡𝑜 𝑡ℎ𝑒 𝐺𝑟𝑎𝑝𝑒𝑠 𝑜𝑓 𝑊𝑟𝑎𝑡ℎ”. These Essays raise a very interesti...

A walk in the arcane world

Image
"It would be remiss not to mention the spectre of Karl Marx" Yanis says thanking his influencers in the foreword of the book. That is an interesting way to refer to the legacy of Karl Marx as a 'Specter' coming from a close compatriot of Bernie Sanders and an evolved Marxist himself. For some one who is getting into understanding the current economics with very little understanding of nuts and bolts of it, particularly a techie like me who never had to wade through the maze of its bewildering web, this is book is a nice reckoner. I have read an historical writing on Money by Yuval Harari which was very engaging read, but had lost the way when it meandered into the  future. This book seems be picking off from that altitude and dives deeper into the arcane world of markets and debts. Initially the narration style of going along the path of fables and tales from the past, - notably from the Greek Mythology - finding parallels to explain the layman reader about the comple...