Economic theory suggests that in equilibrium, the price of a good is given by the intersection of the demand and supply curves. This means that the market chooses a quantity to be produced and a price for that good such that the consumers and producers’ surplus is zero. You may be thinking: “WHAT is this [...]

In the past two days I’ve been traveling around Chennai and some villages nearby, as part of a field trip organized by the Center for Micro Finance. Here are some pictures of the places I’ve visited so far:

A Street in Chennai

Poster in the Training Center of a Micro Finance Institution

Coconut Seller

Creativity

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This was the question I asked to two girls today in the field trips I made near Chennai to poor villages. The first one is the granddaughter of the owner of a bycile repair shop that was created with a microcredit loan. The cute girl told me that she wants to become a Doctor. Her [...]

The answer is Chennai.

I arrived yesterday morning, and since then, I have been eating lentils for breakfast, lunch and dinner. I have nothing against lentils, and they are good for lunch and dinner… but for breakfast I’m still getting used to it.

I went out yesterday to tour around the city with some friends that I [...]

These are the nicest words I’ve heard today.

I’m doing transit in London, about to board my plane to Chennai, India. I was given the good news in Heathrow Airport (after my flight from Tel Aviv). But, why? Well, it might be because I won a lottery because the plane is empty, or as a good [...]

On my way to India I made a stop in Israel. Randomly walking in Jerusalem I saw this very interesting restroom – in the middle of a public park. Please, see it by yourself:

The panel of control located to the right hand side of the door has a red light indicating [...]

I’ve been living already for about 8 months in the United States. More specifically in Cambridge, MA. It has been an exciting experience and I must say that I like the country and the American people as well.

I wanted to share three things I’ve learned about America, which relates to the way people do business [...]

I found this in JFK Airport in New York City… An automated iPod selling machine…

Believe it or not…

The plan for this last day was mostly open. I decided to start walking in direction to the building of the Synagogue and Jewish Community to say goodbye to my friend W that worked there. I found all the workers outside the building because Health Ministry workers came to fumigate all the buildings in the [...]

Last post was extremely large, so I divided it into two parts… so this is the second one. So, before you start, go back and read the previous post. And the one before that. And the one before, and the previous one also… so, go and read all the posts before going forward!

Well, one of [...]