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Passover

Today is the first day of the Jewish festival of Passover (Pesach) which is one of the most widely celebrated festivities in Jewish year. Passover marks the biblical event of exodus from Egypt. It is a celebration of the Jews journey from Egypt of tyranny to the promised land of freedom and equality.  Passover enwraps … Continue reading

Independent Commission on Banking Report

Below are what I consider to be some of the more important highlights of the Independent Commission on Banking released last Monday (April 11, 2011). Reform on Capital Standards: “The Commission’s view is that the 10 percent equity baseline should become the international standard for systemically important banks, and that it should apply to large … Continue reading

Fabric of Society

Examining the relationship between science and society, in the latter quarter of the last century, we note a significant shift from science setting the stage for society to the society setting the agenda for science. Indeed, the focus of knowledge and knowledge generation changed from the application of knowledge to the knowledge produced in the … Continue reading

The “Big Society” and the “small folks”

The Big Society has signified and evoked various meanings in history ranging from Max Weber’s “gemeinschaft” (community), social consciousness and solidarity to totalitarianism and repression of public opinion under the name of a “greater good”. However, in today’s socio-economic and political context, the Big Society seems to be more of a vacuous concept which only … Continue reading

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