Tuesday, August 30, 2011

IIT & Rickshawala

This was an interesting mail forward I got. Not very sure of the authenticity, but definitely fun and worth a read.

There were two rickshaw-walas vying for our business, when we wanted to go to Sankat-Mochan temple in Benaras. I agreed to go with the one, who was about 20 years of age, seemed like a regular young rickshaw-wala, but I found something interesting about him. I was not proved wrong.
He wanted Rs 50, we said Rs 30. We settled for Rs 40.
Here are the highlights of the conversation that ensued, while we rode the rickshaw:
"Aap kahan se aaye hain?"
"Delhi."

"Bijness, ya kaam karte hain?"
"Naukri karte hain."
"Kismein?"
"Internet mein."
"Humara bhi kuch wahin kaam lagwa dijiye."
I just chuckled.
"Main try kar raha hoon engineering padhne kee. Achchi naukri lag jaayegi tab."
"Achcha?" I asked a little interested.
"Haan, delhi mein Guru Gobind Singh Indraprashta University mein engineering ke liye apply kiya hai. Achchi hai woh university."
"Haan, achchi hai", I agreed.
"Haan, kal hee maine JEE bhi diya."
"JEE matlab, IIT ka?"
"Haan, Joint Entrance Examination" he pronounced it perfectly.Just to make it clear to me what JEE stood for. "Mushkil hota hai exam."
"Haan, 2 saal toh log padhte hee hain uske liye, asaan nahin hai."
"Delhi mein Akaash coaching institute hain na?"
"Haan, hai."
"Aapne kya padhai kee?"
"Main engineer hoon, aur phir MBA bhi kiya."
"Kahan se engineer?"
"IIT Delhi se."
He swung back, surprised, a little delighted, and smiled. "Ok, aapke liye Rs 30."
Swati and I laughed.
Swati asked "Padhai kab karte they IIT ke liye?"
"Bas, rickshaw chalaane ke baad raat mein". Then he added
"Kismein engineering kee aapne?"
"Chemical."

"Toh aapki Chemistry toh badi strong hogi."
"Nahin, aisa nahin hai."
He continued "Yeh bataiye....jab Mendeleev ne Periodic Table banaya tha tab kitne elements they usmein?"
Now it was my turn to get surprised. He was quizzing me. I said "Shayad 70-80."

"No, 63" he said sharply. "Kaunse element kee electronegativity highest hai?"
Swati was laughing, and I didnt try too hard and said "Pata nahin."
"Flourine", he said confidently. Without a break he asked,"Kaunse element kee electron affinity highest hoti hai?"
Now I was laughing too and said "Nahin pata"
"Chlorine. toh aapka kaunsa subject strong tha?" clearly having proven that my chemistry wasn't a strong point.

"Physics", I said.
"Achha, Newton's second law of motion kya hai?"
I thought I knew this one. "F=ma", I said.
"Physics is not about formula, it is understanding concept!", he reprimanded me in near perfect English. "Tell me in statement"
I was shocked. Swati continued to laugh.
I said "ok, Newtons second law, er....was...."

" 'Was' nahin, 'is'!Second law abhi bhi hai!" he snapped at my use of 'was'.
Surely, my physics wasn't impressing him either. "Yaad nahin, I said"
"Force on an object is directly proportional to the mass of the object and the acceleration of the object", he said it in near perfect English. "Aapne M.Tech nahin kiya?"
"Nahin, MBA kiya"
"MBA waale toh sirf paisa kamana chahte hain, kaam nahin karte."
"Nahin, aisa nahin hai, paisa kamaane ke liye kaam karna padta hai." Didn't think too highly of me apparently anymore.
In a minute we reached our destination. We got off and I told him that he must and should definitely study more, and that I thought he was sharp as hell. He took only Rs 30, smiled and began to leave. I got my camera out and said "Raju, ek photo leta hoon tumhari". He waved me off, dismissed the idea and rode off before I could say anything more....leaving me feeling high and dry like a spurned lover.

Damn, what a ride that was! India is changing, and changing fast.

Tuesday, August 16, 2011

Cause and effect

I love economics, that does not go on to say or even hint that I understand economics or the complex and lengthy policies that FED/RBI comes up with every now and then. But I do find it absolutely interesting to see the cause and effect of seemingly unrelated things. How we react to changes around us. How a seemingly simple .01% hike in interest rates change our long term and short term goals. And more interestingly how the basics of economics apply to our everyday decisions.

There is this very famous principle of return on investment, you give an orange to a guy, he will eat it with a relish; give him two, he will love it more but give him three, he probably wont eat the third one so happily and the fourth one he will probably leave. Basically it says that you cant keep giving the same incentive/reward and expect more and more output from it. There is another one which I like, this one talks about the counter-intuitive greedy approach, where a group of people all competing for something try to get the best for themselves, but as a group they lose as they don't see that the equilibrium though slower than the optimal is best for everyone. Simple example, there is a narrow lane, all want to get to the other side, the best is that they form a queue and all can go smoothly if one of them decides to be greedy and jump the line, they will all get stuck in a jam that could take them much much longer than being in the equilibrium state where they take more time than the best(jumping the queue - 0 time).

Anyway, I was reminded of this because of a study I came across today, it basically talks about food price index and the riots around the world. Found it pretty interesting, knowing that a behaviour as abstract as rioting is related to something measurable and controllable as Food price index gives me hope that we can create a world with lesser riots and more peace.