Weekend Reading

This week’s links:

  • Why Education startups don’t succeed: by Avichal Garg. “Most entrepreneurs in education build the wrong type of business, because entrepreneurs think of education as a quality problem. The average person thinks of it as a cost problem.”
  • A Silicon Valley school that doesn’t compute: from NYTimes. “[The] 160 Waldorf schools in the country…subscribe to a teaching philosophy focused on physical activity and learning through creative, hands-on tasks. Those who endorse this approach say computers inhibit creative thinking, movement, human interaction and attention spans.”
  • The Global Innovation 1000: from strategy+business. “Booz & Company’s annual study shows that spending more on R&D won’t drive results. The most crucial factors are strategic alignment and a culture that supports innovation.
  • The hazards of confidence: by Daniel Kahneman. “Our predictions were little better than random guesses, but we continued to feel and act as if each particular prediction was valid.”
  • Sharad Pawar Interview: from the Indian Express. A remarkably candid interview. “The government is taking on a massive burden. My estimate after handling the ministry for seven years is that the food subsidy will be around Rs 1.15-1.20 lakh crore and this will affect the overall economy. I am worried that the subsidy will almost be the same for fuel, around Rs 80,000 crore for fertilisers, and NREGA is another Rs 40,000 crore. If so much is spent on subsidies, what is left for development?”

Published by

Rajesh Jain

An Entrepreneur based in Mumbai, India.

2 thoughts on “Weekend Reading”

  1. Rajesh

    As a big fan of technology and user we have enrolled Anika our daughter in a Waldorf school. It’s just fantastic their teaching methodology an focus on creativity.


  2. Sharad Pawar is his interview says that it was government’s intent to make cell services accessible to everyone and hence decided to give spectrum for free.

    I wonder why does he feel that cultivating sufficient competition was not a sufficient condition to ensure that cell phone prices go low.

    And then the government decided that instead of officially auctioning the spectrum why not collect money from telecom companies and put it into their own pockets unofficially.

    There is one group of people who are really stupid and then there is hope that they will see light someday. And then there are people like Sharad Pawar who are smart and the only thing they will do is con people. I hope very soon we will come to see a day where association with Sharad Pawar will become a liability.

    There are so many RTIs filed against Sharad Pawar which have been kept on hold in Maharashtra. In whole of India people are more scared to do proper business in Maharashtra than even Bihar because of expected monies to be coughed up for politicians.

    On the other hand I loved the article by Daniel Kahneman. Made my day!


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