Merely being competent at your job is not enough; you need to be a true professional. This is the idea behind Subroto Bagchi’s latest book. It is an outcome of the author’s lifelong experience of what it takes to be a professional, and the challenges that lie ahead.The book delves into the idea of integrity and how it is the cornerstone for achieving professionalism. It talks about...

The story of Bernie Madoff, one of the biggest scam artists ever

When Bernie Madoff was a sophomore in New York City’s Far Rockaway High in the early 1950s, he and his classmates were each supposed to read a book and make an oral report in the class. He hadn’t read a book for this assignment. So, when his turn came, Bernie lied that he had read a book called Hunting and Fishing by Peter...

How central banks can avoid future financial crisis

William McChesney Martin (Jr) was the ninth and longest-serving chairman of the US Federal Reserve Board (from 2 April 1951 to 31 January 1970). He is known for his famous comment that it is the Fed’s job to “take away the punch bowl just as the party gets going.” But exactly when should the Fed do that? One indicator is when the market is...