1. Charity by way of spending money for others begin with the basic assumption 
that the person concerned is relatively speaking a 'have'. So, it applies to 
haves:-)
   
  2. In South Korea, as a professor friend of mine told us a few days ago, they 
demolish huge buildings in the short run, say 10 to 15 years, and build new 
ones. In US, the capital cost being high, they do not do it so early. In the 
educational campuses, heritage buildings bring fund from 'have' alumnies. So, 
JM Keyenes is relatively less relevant in US than in South Korea:-)
   
  What do you say, Umesh?

umesh sharma <[EMAIL PROTECTED]> wrote:
  http://hbswk.hbs.edu/item/5944.html

Spending (money) on Happiness.

How much happy can it make you?

Panchtantra the 2,000-3,000 year old book starts with a preface - money may not 
buy you happiness but its absence is sure to bring along unpahhiness.

What is the golden mean of Welfare Economics (as proposed by John Maynard 
Keynes {after Great Depression; " Focus on the short term. In long term we are 
all dead"}, Amartya Sen {Education as freedom} and others) and crass capitalism?

Any comments?

Umesh



HBS Working Knowledge wrote: HBS Working Knowledge Newsletter 
Highlights this Week Monetizing IP: The Executive's Challenge
What Do You Think: Why Don't Managers Think Deeply?
Working paper: Is Voluntary Disclosure a Signal of Effective Self-Policing?
Working paper: Accountability and Inequality in Single-Party Regimes—A 
Comparative Analysis of Vietnam and China

============================== New on the Site Monetizing IP: The Executive's 
Challenge http://hbswk.hbs.edu/item/5925.html
Many companies fail to develop a strategy around protecting and monetizing 
their intellectual property. In this Q&A, Harvard Business School professor 
Josh Lerner discusses current trends in IP including the rise of patent pools.

What Do You Think: Why Don't Managers Think Deeply? 
http://hbswk.hbs.edu/item/5952.html
Online forum OPEN for comment until June 26. According to Gerald and Lindsay 
Zaltman, nearly all research techniques commonly used today probe humans only 
at their conscious level, though it is the subconscious level that really 
determines behavior. Jim Heskett asks: What is your organization—and what are 
you—doing to bring more deep thinking into work and life?

Working paper: Coming Clean and Cleaning Up—Is Voluntary Disclosure a Signal of 
Effective Self-Policing? http://hbswk.hbs.edu/item/5947.html
Download the PDF. HBS professor Michael Toffel and colleague Jodi Short 
demonstrate some of the benefits and limitations of industry self-policing 
programs. Many self-regulation programs are operated exclusively by the private 
sector, often in the hope of garnering goodwill with consumers or staving off 
more stringent government regulation. Less well known are voluntary 
self-regulation programs operated by government regulators seeking innovative 
approaches to further regulatory objectives and to stretch shrinking agency 
budgets.

Working paper: Accountability and Inequality in Single-Party Regimes—A 
Comparative Analysis of Vietnam and China http://hbswk.hbs.edu/item/5948.html
Download the PDF. While both China and Vietnam have experienced rapid annual 
growth over the past two decades, income inequality has risen more rapidly in 
China than in Vietnam during the same period. Structural and socio-cultural 
determinants fail to account for these divergent paths. Regina Abrami and 
colleagues focus on differences in political institutions to explain these 
divergent paths. In so doing, they contribute to a growing body of literature 
describing variation in authoritarian regimes.

First Look: New Research by HBS Faculty http://hbswk.hbs.edu/item/5951.html
New in publications and case studies: New health-care models consider benefits 
and drawbacks ... Corporate blogs: Do they help or hurt image?

Most Popular Stories Spending on Happiness http://hbswk.hbs.edu/item/5944.html

Sharpening Your Skills: Thinking About Global 
http://hbswk.hbs.edu/item/5883.html

Going Negative in Political Advertising http://hbswk.hbs.edu/item/5937.html

Connecting School Ties and Stock Recommendations 
http://hbswk.hbs.edu/item/5934.html

Getting Down to the Business of Creativity http://hbswk.hbs.edu/item/5902.html

Best of Faculty Q&As The Rise of Medical Tourism 
http://hbswk.hbs.edu/item/5814.html
Medical tourism—traveling far and wide for health care that is often better and 
certainly cheaper than at home—appeals to patients with complaints ranging from 
heart ailments to knee pain. Why is India leading in the globalization of 
medical services? Q&A with Harvard Business School's Tarun Khanna. 

Elsewhere at Harvard Business School Web forum on "Marketing and Democracy" 
http://www.hbs.edu/centennial/conversation/marketinganddemocracy/
Join The Conversation with Professor John A. Quelch and Katherine Jocz


Leading Product Development http://www.exed.hbs.edu/redirects/lpd_wk/index.html
HBS Executive Education Program
July 7–11, 2008


Driving Corporate Performance 
http://www.exed.hbs.edu/redirects/dcp_wk/index.html
HBS Executive Education Program
July 13–18, 2008

Finance for Senior Executives 
http://www.exed.hbs.edu/redirects/fse_wk/index.html
HBS Executive Education Program
July 13–19, 2008

Program for Leadership Development 
http://www.exed.hbs.edu/redirects/pld_wk/index.html
HBS Executive Education Program
July 2008—January 2009 Session


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Umesh Sharma

Washington D.C. 

1-202-215-4328 [Cell]

Ed.M. - International Education Policy
Harvard Graduate School of Education,
Harvard University,
Class of 2005

http://www.uknow.gse.harvard.edu/index.html (Edu info)

http://hbswk.hbs.edu/ (Management Info)




www.gse.harvard.edu/iep (where the above 2 are used )
http://harvardscience.harvard.edu/



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