Monday, July 5, 2010

Profits = Votes

There is no better occasion than this to point out the great book: The Vote Motive by Prof Gordon Tullock.

What India’s Finance Minister Mr Pranab Mukherjee said in his opening remarks at the INDIA-US CEOs Forum meeting on June 22 was very opt to the above book. One has to read on the line of control of two walls: the profit and the votes.

Mr Pranab Mukherjee said:

“I am aware that, as captains of industry, you will have a major focus on profits. I am sure you are equally aware that, as a politician, I have to keep a watch on votes. But, at the same time, all of us must have ambitions that go beyond these.

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