Economics Fantasy

  Amazon, an e-commerce retailer made a net revenue of 178 billion dollars with just 5.5 lakhs of employees in 2017. On the same year, 5.5 lakhs of Nepalese working population contributed a share of just 0.8 billion dollars to the nominal GDP. The main cause behind this huge difference is that Amazon heavily makes use of technology; primarily Artificial Intelligence. Such a huge gap is suggesting that human labor force is far less important to the economy than the machine labor.    Yuval Noah Harrari, in his book 21 Lessons for 21 st century writes that with Artificial Intelligence taking over, there may remain very few jobs for humans to do. And if so, what will the rest of the population that get displaced do?   While most of the economics textbooks have contained only about the high class, middle class and low class of people, it seems that an even more serious class i.e. an irrelevant class of humans is already emerging. As machines perform bett...

Stock trading nepal You have probably heard of terms 'stock' and 'market' while reading financial news or watching films related to finance and so on. And perhaps you went on wondering about all the green and red numbers they show. Maybe you also went even further  wondering how to get into this market?  So how do you get into Nepali Stock market?  To buy/sell IPO and FPO only: You need a demat account only. You can get this on your bank or in a broker's office. To buy/sell shares on secondary market:   You need demat and trading account. You should go to a broker's offic for this. List of stock brokers in Nepal:  Click here

     It has been a dream for many Nepalese to see train in Nepal coming from China since a long time and this dream has started to take shape rapidly after a long unofficial blockade by India.     The purposed railway map is marked blue in the following figure: Purposed Railway from China to Nepal. (unedited image source: stratfor.com) As you can see this railway is going to link the populated part of India with the populated part of China. It will mean a lot to the economics and politics of India, China and Nepal. Nepal:      This railway will distribute Nepal's international trade dependency between China and India. Currently, Nepal has huge dependence on India for Trade. Such distribution of dependency will prevent India from imposing future blockades on Nepal. Or at least, blockade will have much smaller effect than the one we faced after 2015 earthquake in Nepal.  Nepal has a huge possibility in generating hydro e...