Wednesday, April 28, 2021

Why Leaders Fail to Recognize their Own Incompetence: Bureaucracy and IK

Why People Fail to Recognize Their Own Incompetence.
Incompetence of the "competent authorities" of pakistani government bureaucrats. And belief of PTIans in competence of IK. 

Dunning Kruger-Effect: Why Unintelligent People Don’t Learn?

Economic Hit of Pakistan and Illusion of Monetary Policy's Independence from Fiscal Policy

Central Banks are required by law everywhere to manage and control monetary policy or value of money. There is nothing "natural" about value of money or forex rates. Monetary policy (always artificially crafted) works in tandem with fiscal policy and international policy to establish value of money. Tools used by fiscal/monetary policy include (1) interest rate changes, (2) unemployment rates, (3) inflation reports, (4) gross domestic product numbers, (5) manufacturing data, and (6) commodities. 



Sunday, April 25, 2021

Imran Khan's Tabdeeli- Change Management and BPR

IK got elected on the slogan of "tabdeeli" (change). He doesn't know ABC of change management or how BPR (Businesses Process Reengineering) achieves substantial and visible "tabdeeli". BPR is about reducing the complexity of Inter departmental processes by eliminating 60-80% steps and increasing efficiency by up to 80%, and resulting in substantial reduction of corruption as seen in CNIC process of NADRA, passport process or CDC system for share purchase and sale processes.

Friday, April 16, 2021

Growing up with Magazines

In 1969-70 I was 7 when I started reading Taleem o Tarbiat and other magazines. We had almirahs shelves full of magazine issues going back to early 1960s and to even mid 1950s. 

First Makeup Experience: Impact of Childhood Experiences across Time and Space

Vividness of childhood experiences and the distance it travels across time and space. As I am going through the letters, papers and other documents of my parents dating back to the days before their marriage (1940s, they married in 1951), I come across the clues to their personality that I observed during 1966-2003, time of my conscious interactions with them till before their death. An FB post reminded me of a page from my mother's diary where she writes about an incident when she was around 10 or 12 ( 1946-47) about makeup.



Saturday, April 3, 2021

History of PKR Pakistani Rupee

چمڑی جاۓ پر دمڑی نہ جاۓ

دمڑی نہ جائے چاہے چمڑی جائے۔
دمڑی کی بڑھیا ٹکہ سرمنڈائی۔
دمڑی کی بلبل ٹکا ہشکا ئی۔[1]
دمڑی کے تین تین۔
دمڑی کی آمدنی نہیں گھڑی بھر کی فرصت نہیں۔
دمڑی کی ہانڈی گئی کتوں کی ذات پہچانی گئی۔
اونٹ دمڑی کا اور دمڑی بھی پاس نہیں۔
دمڑی کی ہانڈی لیتے ہیں تو اسے بھی ٹھونک بجا کر لیتے ہیں۔
دمڑی کی دال بوا پتلی نہ ہو۔[2]