The Economics of Christmas

A very interesting article on the Wall Street Journal explaining the economics of Christmas caught my eye. The article titled, "How Christmas Brings Out The Grinch in Economists", talks about how some economists say we would be better off without Christmas as its an inefficient mode of connecting consumers to what they buy by squeezing all the purchases in a year end buying frenzy. Moreover, people spend hundred of dollars on unwanted gifts that might just be put in a box and kept in the closet... Read More...

Posted by Rahul Gosain

Where Asia stands...

The question everyone wants to know is When will things get better? I am talking about Asia in particular and Asia has a very serious concern that investors in US, Europe and Japan might choose to part ways for the time being....

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Posted by Rahul Gosain

Sitting Out Professional Sports

Sports in US is bigger in more ways than one. For starters, its not just about a single sport (cricket), as in the case of India, but is a buffet of sports with equal feeding frenzy such as Super Bowl, Baseball, Ice Hockey, NBA, NASCAR or Golf.
So even though teams such as the Yankees saying to Bobby Abreu that "We can't pay you as much" or The New York Giants telling Eli Manning that "You're too expensive", is clearly not an option, they still have to somehow manage all this with the sponsorships dwindling and no takers for the Corporate Boxes.
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Posted by Rahul Gosain