Posted in Miscellaneous

Economics – My Definition

This thought occurred to me last night and I think I have managed to capture the essence of the same. I quite believe that ‘Economics’ is an overrated field of study and as a result, have very little respect towards that field.

The field of Economics is all about creating an illusion of building a promising ‘future’ through forecast theories, based on speculative hypothesis, derived by extrapolating discrete & mutually independent historic events over assumed known variables – all without having to bear the burden of proving any of its theory whatsoever, as it can always take shelter behind many kinds of ‘unknown variables’.


Besides fantasizing about being a Peter Gibbons at least for a couple of days at my work, I think I have a long way to go to realize some of the other fantasies. But like any ambitious man out there, I will get there! Note: All views expressed in this blog are mine alone and have got nothing to do with my company Cogent IBS, Inc., its employees or any of its affiliates.

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