Economics assumes that people are on the average rational. But Richard H Thaler didn’t agree. He would joke, “As far as economics is concerned, even smartest people used to commit the dumbest stuff. They go on making the same mistake on and on. People are always predictably, consistently irrational.” He had a lotContinue reading “Dumb stuff that smart people do.”
Author Archives: Dr. Ramakanta
Hyper-ventilation
“When it comes to my health, I would like my doctor to base her decisions on science rather than what she, or some lawyer, thinks will stand up in court.” – Richard H Thaler Lucy was a beautiful girl of 11 years. She was studying in a prestigious international school here. She is a bitContinue reading “Hyper-ventilation”
The Pill
The Pill is the most revolutionary medical breakthrough — after penicillin. My grandmother died at 85. That was 40 years ago. She had 10 living issues out of 18 conceptions. A difficult child birth had broken her back. In her times, the moment a young woman became close to a man, there was every possibilityContinue reading “The Pill”
Nor any particular person is Life’s favourite
When Krishna saw Karna off.. So a bleeding Karna tells Krishna in the Battle field of Kurukhetra: “Oh! Krshna, Look at me, defeated by the guile of lesser mortals. What is my fault, oh cowherd, the color of the azure blue sky ? Is it my fault that I am subjected to all these unfairnessContinue reading “Nor any particular person is Life’s favourite”
The Procrastinator
(Leonard of the town of Vinci.) “I always find uncanny similarities between the life and works of Leonardo Da Vinci and Steve Jobs.” Ramakanta Mahapatra It was 1476. He was 25, young and handsome but was also facing a trial that will put him in jail for sure in the Florence town of Italy. There’sContinue reading “The Procrastinator”
Dr Ramakanta's Ideas 