Tag Archives: Brazil

India’s Answer to Brazil’s Ustra

The Hindu Right is analogous to Right-wing regimes elsewhere.

UstraComissao

As Brazil’s Far Right rises, army man Ustra (who died in 2015), who tortured hundreds, is becoming a cult figure of a kind. Image Courtesy: Wikipedia

The popularity of Good Night Stories for Rebel Girls, which present female role models before young readers, has proved rather phenomenal. Within a span of three years, it has been published in 47 languages around the world and has sold more than a million copies.

The plan to render a Turkish version has met with a big roadblock. A board for the protection of minors from obscene publications of the Turkish government has found them offensive. It recently ruled that these books should be partially banned and treated like pornography.

The reason—they could have a ‘detrimental influence’ on young minds.

It is beyond comprehension what “negative impact” a book that promotes equality can have on impressionable minds, other than the fact that they take the idea seriously and extend it to other arenas of life. Erdogan’s Turkey is no different from Right-wing regimes elsewhere that are very particular about what children should read or not.

Jair Bolsonaro, the controversial Far Right President of Brazil, who is also known as the Trump of the Tropics, was recently in the news for similar reasons.

( Read the full text here : https://www.newsclick.in/india-answer-brazil-ustra)

How Goldman Sachs Got it Wrong on Football, The World Cup and Economics: Tushar Dhara

Guest Post by TUSHAR DHARA

In May this year the investment banking powerhouse Goldman Sachs released a report that predicted Brazil would win the FIFA world cup. The prediction relied on statistical modelling and used tools like “Regression Analysis”, “Poisson Distribution”, “Stochastic model” and “Monte Carlo Simulation”. In other words, the methodology is incomprehensible to anyone except those with an advanced degree in Statistics or Econometrics. In hindsight, the prediction looks silly, given the 7-1 score line in the semi-final match between Germany and Brazil. However, the report is a perfect example of the failures of modern economics, particularly the financial voodoo economics pushed by the likes of Goldman Sachs.

When “The World Cup and Economics 2014” was released on May 27 it gained a lot of press publicity globally. The report predicted that Spain would reach the semi-final stage and lose to Argentina, which would lose to Brazil in the final. Goldman’s research division analyzed reams of data, including about 14,000 matches since 1960, national teams’ Elo rankings, average goals scored per team, home country and home continent advantage. To be sure, the report states that the predictions are just “probabilities” of teams advancing. Still the report states, “The most striking aspect of our model is how heavily it favours Brazil to win the World Cup”, and, “the extent of the Brazilian advantage in our model is nevertheless striking.” Continue reading How Goldman Sachs Got it Wrong on Football, The World Cup and Economics: Tushar Dhara