Change is constant !!

I went to Jamia after a gap of almost 5 months today. The place where I did my masters from ... and owe my understanding of the subject - Economics !!

My brother Vivek once told me that nothing is stationary and places, people, mind set, technology ... all undergo transformations. But going back to my university made me realize one thing ... external metamorphosis does not necessarily imply changes in how you feel about certain things ... even though the place was full of new students, improved infrastructure etc ... I could still feel the warmth ... warmth of air around ... as soon as I entered the department, I bumped into this friend, Shekhar ... met him after a long time. I was slightly low and he was smiling all the way ... and I asked him whats so special about the day ... his reply was "Sapna se mil raha huun aaj, the day has to be special". A gesture that made my day ... and helped me to restore bak the thinking ... that may be things change ... but the basic feelings of care, love and respect for the fellow human beings never go away ... Shekhar prolly saw the sadness on my face ... and to cheer me up he used the tactic ... so even when we were not keeping in touch ... and things changed in and around us ... his gesture showcased the basic human concern that was still the same ... :)

So a ray a hope for people like me ... who feel ... change may be constant ... but certain things that are reflective of the pool of basic human values never change.

The Economics of Emotions !!

"Emotions and Economics" ... the title sounds funny but delve deeper and you will be able to relate the two.

Emotions fit the optimization theory, When there is a great emotional backup, you dont care. You spend lavishly and help others to increase their pool !! On the other hand, when your emotional constraint (like the income constraint) falls short ... you try and minimize your spending ...

Times come where there is nothing left in your emotional pool and you fall back to the threshold .. you start looking for external agents for providing the emotional cushion like borrowing in economics ... If you pay back in interest to these so called external agents who become a part of the system now, then you are an ideal economic agent (Adam Smith), and if you dont ... then you are the frugal kinds. So the paradox of thriftiness (thriftiness implies more saving that may not get invested, less consumption in the following periods,lower aggregate demand and therefore lesser agg national income) applies. Thus the more frugal you are, less you will earn back in terms of love, support etc ... Anyway ... the external agents help you to build some base ..

After rejuvenating the depleted source, you start looking for fresh investing zones !! again you would want to invest you emotions where you feel its worth it and returns will be good enuf .. so you start planning .. basically the blue print for future emotions .. the rosy picture dies soon .. when you see that its not always the free invisible hand working for the development of all ... there are circumstances that get created .. beyond your surveillance, and screw up the entire blue print ... and then theres a reality check .. you investment has no returns .. in fact to your disbelief it rendered negative returns ...

But wait a sec ... here is the caveat like the theory in economics states ... investments are definitely risky as there is no fixed pattern .. u invest and fail once, twice, thrice .. but soon you will be able to find how the market works .. and you would invest and spend ur emotions (income) according to market forces .. not just according to your own calculations ... and surely ... will be in a win win situation someday ..

So, in case you feel you wasted your emotions over someone or somewhere ... don't forget that its a process ... of making you competitive .. in the society ( market economy) and every such experience will only increase you efficiency to optimize your constraints ... and you will monopolize some day .. !!

Some emotions are dictative in nature, some are submissive ... nevertheless .. always express them ... hiding them is no solution ...