What’s for Breakfast?

Morning Newspaper at Breakfast

Good Morning ladies and gentlemen. Welcome to the second of my blog posts. I am as surprised as you are that this blog has gone this far, so let’s see where this goes…

Economics:

1. Bitcoin not a currency – Robert Wagner. Seeking Alpha

You may have seen this many times already but this is a little different as he brings in the argument about gold as well. The author states how bitcoin is also not really a currency and if it were ever adopted (along with gold) then economics would be in trouble. I would agree with the author on this.

2. The Paradox of Wealth – John Bellamy Foster, Brett Clark. The Monthly Review

A great article to read to brighten up your morning. If you feel like the world is an unfair place then give this a read. The authors write lucidly explaining the Lauderdale’s paradox and why we see ecological destruction all around us.

Notable Quote: ‘The Lauderdale Paradox was nothing but an expression of this twofold aspect of wealth/value, which generated the contradiction between total public wealth (the sum of use values) and the aggregation of private riches (the sum of exchange values).’ – J. Foster & B. Clark

3. [Video] Karl Marx was right?  – Intelligence Squared

Yup, you saw the right title. This is a debate conducted by Intelligence Squared and if you like your long breakfasts then give this a watch. Have to start the day with a debate!


Something Inspirational:

1. Empathy does matter! – George A. , Forbes

For all those who believe that nice guys finish last well it may not be the case. The author argues that by 2020 empathy will be one of the biggest skills to have in a workplace. One has to learn to build relationships over time, be a good listener and have some emotional intelligence.

Exams:

I am currently going through exam week at the moment (Yup, I have priorities) and I always wondered about exams and the use of them. Does it actually prove that you have learnt anything or do you just memorise it and let the information fade away once the exams end? I have had experience of both and Malaysia seems to be learning of the latter problem:

1. Grade ‘A’ Malaysian History students don’t know history – New Straits Times

Dr. Khoo Kay Kim laments how students scoring an ‘A’ in history cannot actually remember or state much of Malaysia’s rich history.

2. Complete revamp of GCSE exams – Sky News

I went through my IGCSE exams and usually reminisce of the good ol’ days. But honestly, those days were difficult. The 3 exams per day all through the week made my four exams now spread over a period of time look a little less hectic (Don’t worry, the subject matter in university is still more challenging).

However, GCSE’s are revamped to be made more competitive so that students are ready to compete in our highly competitive and globalized world. Fret not young students… It will take some time before implemented I presume. Yet, students taking GCSEs now are under the impression that it isn’t challenging enough. Not something nice to think about.

Q1: Do harder exams guarantee more learning?
A: ?

3. Taxi Drivers and Exams – Popular Science

Additionally, what about the Taxi Drivers? Becoming a taxi driver in London and answering the exceedingly difficult exam can actually cause structural changes of the brain. This study pretty much showcases how the brain can adapt… O’ the wonders.

4. Indian Women Crack IIT Top 10 Rankings for the First time! – India Times

The Indian Institute of Technology remains one of the foremost difficult places to get a seat. You have to compete with at least 150,000 students for around 9,800 seats. That’s a 15% acceptance rate!
However, just recently two women broke the Top 10 exam rankings. Aditi Laddha attained 6th ranking and Sibbala Leena Madhuri got 8th place. This is a fantastic achievement considering the multitude who fail let alone reach the top 10.

5. Indian Student cracks the IIT Entrance Exam – Times of India

Arguably more impressive is an Indian student who recently cracked the dreaded IIT Entrance Exam. His ranking was 679. However, the student was only 13 years old. The youngest person ever to crack the test.

I hope this made you feel better for your exams. I wish you all the best of luck!

Back to work. Have a good day!

Advertisements

One thought on “What’s for Breakfast?

  1. The video Karl Marx Was Right helped me fill an hour and a half of free time, but the pro-marx team seems to suggest that capitalism is the reason why we have private gains and socialized losses in the banking system. But I think what they’re really missing is that moving away from capitalism is exactly what caused that.

    The crony relationship of government and wall street billionaires is what allowed the socialized loss to happen, which would not have happened in a true capitalist system. In a capitalist system the winners would win (banks who would’ve survived without a bailout) and the losers would loose (Lehman, etc…) without any bailout necessary. If the banks did not have the comfort of knowing they could call Uncle Sam for help, they would have self-regulated themselves properly.

    Thus, I think the pro-marx side was contradicting themselves because their argument inherently calls for an end to capitalism, yet the “ending” of capitalism, or should I say the “corrupted” version of capitalism, is exactly what caused the crisis spurring this debate.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s