It is really a wonderful write up on cobra effect.
“People lose their way when they lose their why”.- Michael Hyatt
While one can prepare for the inevitable no one can prepare for the unpredictable, though some allowances are always provided visualizing the eventuality of the some unexpected changes occurring.
But present day politics and trends change so fast and are impacted by a multitude of factors.
Whether we like it or not, economics, especially as a blue print of material well being and social development is one of the most vital aspect of human life and therefore, inevitable has to be prioritized as a primary factor in social engineering aimed by any institution or ideology or realm be it politics or religion.
Many aspects [should I say verticals] of economics fail to factor in the various dimensions, dynamics of each dimension and the inter relatedness, interactions and inter dependence of these various dimensions and the sea change that the dynamics of of each dimension is likely to undergo during the process of interactions.
Some sites offer a discussion into wide range of issues connected with modern economics which spell the imperatives to go beyond and look beside all existing structures, methods and processes and if necessary, totally even ignore certain long established conservative approaches. [because in any domain sometimes excessive and obsessive conservatism spiced up with some perversion can be counterproductive as in the recent Kumbh where in everything has been so well organized and services done beyond even any imaginable extent that hardly any scope for anyone to complain or criticize but a few Naga sadhus moving naked with an additional bell hung on and some westerners ringing them has left a very bad taste]
One such site is
and some books long ago have imitated thinking on these lines like
Freakonomics: A Rogue Economist Explores the Hidden Side of Everything by Steven D. Levitt (Author), Stephen J. Dubner (Author, Contributor)
SuperFreakonomics: Global Cooling, Patriotic Prostitutes, and Why Suicide Bombers Should Buy Life Insurance by Steven D. Levitt (Author), Stephen J. Dubner (Author)
Modern economics is so intricate and interwoven with too many aspects.
A welcome new trend has emerged called 360 degree view of most subjects.
Dressing up the menu with spices
1. HORNGREN’S OBSERVATION: Among economists, the real world is often a special case.
2. BUCHWALD’S LAW: As the economy gets better, everything else gets worse.
3. KAMIN’S SIXTH LAW: When attempting to predict and forecast macro-economic moves of economic legislation by a politician, never be misled by what he says; instead-watch what he does.
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