2MERRILL

LETTER TO THE PRESIDENT - FROM PAUL KRUGMAN

 What the New President must do? was opined by Paul Krugman, 2008 Nobel Prize winner in Economics.  I found it a great read.  Gives some guide on what brought down the US economy and what must be done to wake it up.

FUTURE PREDICTIONS

Looking back 50 or so years ago, no one would have predicted the leaps made in the computer technology and communications fields today, Did you know?  How do you predict the future without making a fool of yourself?

EXCHANGE RATE CONTROVERSIES

The Big Mac Index  is a good lesson from economics to understand the Purchasing Power Parity of exchange rates. Readers should understand that a different basket of goods will give a different PPP to the Big Mac Index. The Big Mac Index is a great simplification of this complex economic theory

RE-GIFTERS - ARE SRI LANKAN AMERICANS THE LEADERS?

The other day I got a call from one dear friend who was said that he just received back a gift that he had gifted to another family, which re-gifted and now re-gifted to him.