Incentives, not intentions, drive the outcome
People understand incentives. They understand what is good for them and what isn’t. They aren’t moved by the noble intention; they are more concerned by what’s in it for them.
People understand incentives. They understand what is good for them and what isn’t. They aren’t moved by the noble intention; they are more concerned by what’s in it for them.
Sometimes, like an iceberg what is not visible is more important that what is visible and obvious.
An imaginary conversation between the patriot in me and the economist in me.
Economics is a study of opportunity costs. This blog uses opportunity costs as a lens to analyze HDFC Bank and Manappuram.
If you are in business, you should pray to only one god – the customer.
The mind is lazy and jumps to conclusions.
We need to learn from mistakes – ours and others.
Economies of scale is a powerful idea from microeconomics. Some of the largest companies, worldwide have put this to good use.
This is part 2 of my blog on Network Effects.
(Writing is hard. Its been over 2 months since I wrote a new blog, because I suffered from a bit of a block. So this blog has been extra hard for me to write. And therefore it may seem extra hard for you to read and for that I apologize.) I am not a fan […]