Expert says volcano danger to airliners hard to predict

Recent Volcano Ash from Iceland cost world economy around 2 billion dollars and resulted in the cancellation of 93000 flights.A discussion on the issue was arranged at Stanford University where the bad news was given to the people interested in solving the issue that disasters like this are hard to predict.

The news item below has the details :

Expert says volcano danger to airliners hard to predict

Energy Exploration is None of the Government’s Business:Ron Paul

Ron Paul, member of liberty caucus of Republican party congressmen has expressed his opinion on government's engagement in energy sector business and its adverse effects on prices and markets.

Its a useful write up for those interested in learning about free market economy and reduction in the size of government.

Energy Exploration is None of the Government’s Business:Ron Paul

Natural Monopolies , are they natural?

We often read about cartels and monopolistic players hampering the market and it is generally regarded as something not good and often governments take strong actions in such situation. But the issue is we also often see governments promoting monopolies in the name of licensing, quotas etc and often justify these things under the umbrella of natural monopolies.



Natural monopoly by definition is termed as a situation created by economies of scale in a particular industry. It is also considered as natural because if more entrants are allowed to enter or enter somehow in the market then the increase in cost of production due to the lack of economy of scale will occur which is not favorable. The real thing we need to know is what industries are normally considered to be allowed for having natural monopoly?

Usually they are electricity, water supply and other necessary items which vary from society to society (yes this also happens). Now if we look at these things we can see supply of these things can now become more cheap with opening up these areas for smaller investors. The main reason is the advancements in science and technology.

What if an engineer with his limited funds can produce efficient low cost solar energy? or he/she use magnetism to produce large amount of energy capable of fulfilling the needs of 100 households in a cheap way.

Now we need to revise our concepts of natural monopoly (if there was genuinely any) to see if the term is relevant or not?

Step by Step Guide to become a “Complete Invalid”

If you think work your work schedule doesn't permit you to think about your personal health then this article is best suited for you.

Rehan Ahmed has put some real good tips for you people to keep yourself fit while going through your regular office routine.

Hopefully it will help you a lot.

Step by Step Guide to become a “Complete Invalid”

Healthcare Reform Passes :Ron Paul

On the approval of Healthcare reform an alternative view from a leading politician and scholar of America is presented for your consideration.

I hope you will be interested in knowing the opinion of a vocal supporter of libertarian school of thought.

Healthcare Reform Passes :Ron Paul

Health Bill: Stanford Professor Explains the reform bill.

Newly proposed health bill is a hot topic for debate now a days in United States. The debate is mainly concerned with tax burden vs possible benefit to the society. The issue has divided American voters and Congress. Dr. Jay Bhattacharya from Stanford University has put some light on this issue in a Q&A format.

Q&A: Stanford’s Dr. Jay Bhattacharya explains the health reform bill

Imperfections are perfect

For the perfectionists who think only perfection can give perfect results. DTU researchers have some interesting stuff for you people.
Read it :)

Imperfections are perfect