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Tuesday, October 17, 2006

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Arthur Eckart

Investment in human capital is expensive. Budget constraints may be one explanation why most large population countries haven't been able to compete with many countries in the global economy (without lowering prices, dumping, weakening their currencies, etc.). Also, budget constraints may cause greater income inequality in large population countries than in small population countries, since there may be larger trade-offs between population and capital in large population countries.

harsha

what is that author wanted to highlight?

1. engineers are scarce? (wage pressure is building up)
2. engineers are sub-standard? (abundant human capital without skills)

It is the prerogative of industry to train it's employees. No engineer anywhere in the world is tailor-made to the industry needs, and in India that pay peanuts but complain of quality of engineers. Industry wants to milk out without putting a penny. Also little wonder why does a software engineer need presentation and oral skills of the kind of marketing folks as expected by industry? All stupid reasonings to spice up article.

This is not the first time I came across the kind of article fuming on some unknown fear. I wanted to ask few questions to the author,

1. How many articles did the author compile till date?
2. How many of them have taken light? (published somewhere)
3. Did she/he start writing articles starting from day one of her/his career in NY Times?

The author might be of less caliber to have not gotten mileage in her/his career and going overboard to state that Indian engineers are sub-standard. well, who told the author that speaking fluent english is one of the skills for a software engineer. It's pity to have ill-researched article spoiling the party in international media, fink you.

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The author might be of less caliber to have not gotten mileage in her/his career and going overboard to state that Indian engineers are sub-standard. well, who told the author that speaking fluent english is one of the skills for a software engineer. It's pity to have ill-researched article spoiling the party in international media, fink you.

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