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Showing posts with the label Fiscal Cliff

Climbing out of a Fiscal Hole and not a Fiscal Cliff

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Economic Wisdom from the Himalayas In recent years there has been much discussion about the one- per- cent i.e. the small percentage of the world’s population that possesses and controls most of the wealth of the world. However, there is one- per- cents in numerous other arenas of human life and perhaps if one examined carefully enough each one of us probably falls in the one-per-cent in some category or the other. One of my neighbors would probably meet the criterion when it comes to ugliness and a friend in the size of his ---    :)   nose. Each one of us is unique and special in some way or the other for sure. If I turn my gaze towards myself, I find that I fall in that category as regards education is concerned. One consequence of this privilege is that one often develops a view point that is different from what ever is being upheld by the ninety nine percent from time to time on all sorts of issues. I have continued to persist with the habit because over the past de