Lessons from Singapore Airport
Economics should be the product of emotions and beliefs, not vice versa. In a developed economy we see the above phenomenon. In an underdeveloped economy the micro-economics is the cause of emotions, and micro-economics is on the average the indication of the whole economic state of the place. The development of the economy can be there-fore measured in terms of how much economics drive emotions and how much emotions drive economics. (I am ignoring the islamic economy here..... will post on that later) So there is a simple way to develop your micro-economics. Produce what you love to produce... and sell it. U will be a part of the economy that develops and gives form to the new economy. The best example is Infosys..... and the way it started. (Even though they are not much worth other than a simple service company.)




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