Snob value and reservations

Snob value was the tagline on my schools sweatshirts. I found it rather stupid and thought it lacked creativity. Because I'm a different kind of snob...

HASH(0x8bea150)
You speak eloquently and have seemingly read every
book ever published. You are a fountain of
endless (sometimes useless) knowledge, and
never fail to impress at a party.
What people love: You can answer almost any
question people ask, and have thus been
nicknamed Jeeves.
What people hate: You constantly correct their
grammar and insult their paperbacks.


What Kind of Elitist Are You?
brought to you by Quizilla

Got the link to this quiz off Red's blog, where we're debating 'Reservations in the private sector':

Consider a somewhat ideal situation: Efficient utilisation of optimal resources in an open economy means that a company earns maximum possible revenue. The government collects its dues as taxes and spends this money efficiently on welfare and education. An improvement in skills among the youth increases productivity and efficiency, thus increasing per capita income and revenue earned from taxes. This is a case of cyclic improvement/development.

Now if you're going to incorporate reservations into such a system, you're hampering efficiency, and consequently reducing revenue, welfare and development.

Take a situation that is not ideal, and things get only worse.


more...'

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