Tag Archives: wealth signalling
Science prizes, wealth location and social signals
One count on which I almost always find myself to be an outlier in India is my opinion that the Nobel Prizes and their derivatives belong in the gutter. But while many people in other countries share this opinion of … Continue reading
Posted in Analysis, Op-eds, Science
Tagged Arindam Ghosh, Infosys Foundation, Infosys Prizes, Nobel Prizes, Prachi Deshpande, privilege, Rajan Sankaranarayanan, research funding, Social Sciences, SS Bhatnagar Award, Swarnajayanti Fellowships, wealth signalling
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Veblen cars and useless concerns for the climate
Lexus has an ad on the jacket of today’s The Hindu for its new premium hybrid electric vehicle, the LS 500h. The product description states that the car “extends relentless innovation to environmentally conscious engineering with a performance-centric Multi Stage Hybrid … Continue reading
Posted in Science
Tagged accessibility, affordability, capital accumulation, climate change, electric-hybrid engine, hybrid vehicles, Lexus, lithium-ion battery, LS 500h, private transport, public transport, Veblen goods, wealth redistribution, wealth signalling
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