pratik661

13 ms·

91.
by pratik661 6y ago
Explain? Most Central Banks use inflation targeting (2-4% for rich countries and 4-6% for lower income countries). What you said is unrelated to socializing losses.
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by pratik661 6y ago
The Islamic world in the Middle Ages had a system of decentralized money transfer (hawala) where capital could be moved virtually across any region that had a trusted hawala intermediary. European aristocrats in the 1700s (and probably befo
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by pratik661 6y ago
Higher education is seen as a means of both economic AND social mobility. I think most economic models fail to capture the latter. This explains why so many people get into debt to attend a “prestigious “ university for little apparent fina
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by pratik661 6y ago
Do you have any evidence to back your premise that Indian nationalists want to bring back the varna system? That’s an extraordinary claim that requires sourcing. From what I’ve seen it’s like any other nationalist movement.
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by pratik661 6y ago
That actually sounds like a lot (R52.5k/month). What type of teacher is this? College lecturer? Private tuition teacher? Government teacher? The average seems to be R20k
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by pratik661 6y ago
I think the decision on whether or not a company chooses to have a presence in urban centers vs suburban office parks reflects the age of people they want to hire (or have currently hired). Office location/style choice can be a subtle
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by pratik661 6y ago
There were lots of Greek speakers in India at the time. There was an Indo-Bactrian Greek kingdom in modern day Afghanistan and Pakistan long after the Greeks were conquered by the Romans (around 300 CE). A lot of early Buddhists were Greek.
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by pratik661 6y ago
Source? That is an extraordinarily broad statement to make. Central Banks' (the primary institutions behind monetary policy) primary goal is to promote a stable environment for commerce. This typically means maintaining a stable rate o
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by pratik661 6y ago
I think the Big Mac index has a major flaw that no one discusses.. A big mac is considered a "luxury good" in India and an "inferior good" in the US.
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by pratik661 6y ago
I'm sure u/eklavya is aware that this is the problem in India. This is why entrepreneurs with low political influence participate in low capital businesses (ie import export). They move into more capital intensive businesses (ie o
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by pratik661 6y ago
I'm not too familiar with India either, but I figured that if the same party were in power in Maharasthra, then they would be able to apply pressure to the civil servants who were witholding their signatures (perhaps in exchange for no
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by pratik661 6y ago
Thats heartening to hear. I'm fascinated by the business climate in India and I was wondering about the efficacy of the reforms implemented by the central and state governments. I have an uncle who runs a small manufacturing plant in a
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by pratik661 6y ago
Hello Rohan, I'm investigating product development opportunities targeted to companies/individuals investing in the Indian market. Targeted specifically to people like you. I would love to have a virtual coffee chat with you over
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by pratik661 6y ago
The World Bank (which calculates the annual EoDB rankings has acknowledged that in India, "on the ground" experiences of entrepreneurs differ from what their index shows. As a result they are incorporating survey data/inputs
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by pratik661 6y ago
I think the "Commoditize your complement" mantra is used by megacorps to justify their investment in open source. In this case, 3D modeling is probably complementary to their AI investments.
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by pratik661 6y ago
Their reactions were hilarious.
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by pratik661 6y ago
“ Indian doctors, officials and crematorium employees suspect a drop in the number of road and rail accidents is a major factor.”
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by pratik661 6y ago
Read the article. It’s referring to mortality from other causes (road accidents/rail accidents,etc)
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by pratik661 8y ago
Seattle is a tech monoculture. Chances are, all your friends will be working in Tech. By comparison, NYC is much more diverse professionally. If you have esoteric hobbies, orders of magnitude matter.
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by pratik661 8y ago
Regardless of Amazon's culture, it will still have an upward competitive pressure on your salary as a developer. That is always a good thing.
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by pratik661 8y ago
I agree. An hour is considered a slightly above average commute in the Bay Area. However in NYC its considered way above average. When I was interviewing there, I was low key shocked that the interviewers considered 30 minutes to be a &#x27
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by pratik661 8y ago
You can literally have a house with a backyard and a less than 1 hour commute from Manhattan.
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by pratik661 8y ago
I was one of those people. I moved to NYC in May. In a lot of adult sports leagues I'm meeting a surprisingly high number of developers who moved from the Bay Area to NYC. All for similar reasons. Its way more fun to spend your 20s in
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by pratik661 13y ago
I am not applying for a job. I just wanted to say this is a really fascinating business model. I hope you guys do well!
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by pratik661 13y ago
I think an analysis of which programming language/framework is popular in which domain/industry would be really helpful.
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by pratik661 13y ago
Your judgment is based on a sample size of 1.
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by pratik661 13y ago
What does this have to do with hacking?
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by pratik661 13y ago
You are correct. However, when I say "rest of the country", I mean national average. There are many parts of India that fare better than Delhi on a host of social indicators (ie. Kerala). That doesn't change my argument.
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by pratik661 13y ago
The case study should note that: The constituency of Delhi is: 1. More educated than the rest of the country 2. Has a higher level of income than the rest of the country 3. Generally more cosmopolitan than the rest of the country. I can pro
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by pratik661 13y ago
Its much easier to justify changes in software requirements vs changes in hardware requirements because the perceived cost of adding a few more features on your application is low. Compare that to say.. adding another register to your chip.

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