Author: kumbhorg

In a previous essay coauthored with economist Rahim Taghizadegan, we described “Flag Theory,” a concept referring to how individuals can move themselves, their companies, and their assets to where they are most welcome, optimizing for a combination of tax and lifestyle advantages. In markets, consumers enjoy a variety of goods and services supplied by companies competing on price and quality. Yet, states supply inferior services at higher prices — like any other monopoly. Flag Theory changes the governance game by suggesting that, despite states monopolizing governance within their territories, individuals can shop among those monopolies by foot-voting to another state’s…

One of our annual events is the Alpha Ideas SME Stars Event. Details of last year’s event is blogged over here The details of this year’s Event are as follows : Date: Sunday 06 September 2026 Time : 8:30 am – 4:30 pm Venue : Pracharya B.N. Vaidya Sabhagriha, 2nd Floor, IES Raja Shivaji Vidya Sankul, Gate No 12, Hindu Colony, Dadar East, Mumbai-14 Format: 10 SME Companies will present on their own businesses for 20 Mins followed by Q&A of 10 mins. Meals: Lunch, Snacks, Tea/Coffee Charges: Rs.6000+18% GST= Rs.7,080 (Rupees Seven Thousand and Eighty Only) Kindly note that we…

Table of Contents The T20I squad for the Zimbabwe tour draws significant attention from the entire cricket fraternity as Sanju Samson has been dropped from the fray in the likes of Vaibhav Sooryavanshi’s emergence.Sanju Samson might have been dropped from the Zimbabwe tour entirely, but it is necessary to remember that he is still in the squad for the 2026 Asian Games. The upcoming Asian Games are going to be crucial for the Indian cricket team, as they will be trying to defend the title which they earned in the previous edition of the competition. Sanju Samson dropped or still…

The FIFA World Cup 2026 Round of 16 continued with two more exciting knockout matches. Spain ended Cristiano Ronaldo’s dream of lifting the World Cup after edging Portugal 1-0, while Belgium produced a dominant display to defeat co-hosts the United States 4-1. Merino the Hero as Spain Edge Portugal Cristiano Ronaldo and Portugal entered the match hoping to keep their World Cup dream alive, but Spain proved to be another difficult obstacle in an intense Iberian derby. Both sides struggled to create clear-cut opportunities during the opening 45 minutes, with their organized defensive displays cancelling each other out. After the…

Claude Giroux will be returning to Ottawa Elliotte Friedman: Claude Giroux will be re-signing with the Ottawa Senators. Bruce Garrioch: Giroux’s contract is expected to have more guaranteed money than his contract last year. Many younger players may be regretting their contracts Allan Walsh: “There are so many younger NHL players right now regretting that they signed last year or during the season. Millions per year were left on the table. It’s not just the explosion in salaries that I’ve been predicting on AP for the last year, it’s the term these young players locked themselves into for 7-8 years…

A million more homeowners face higher mortgage bills than the Bank of England had previously expected due to the impact of the Iran war.Just over five million homeowners should expect their monthly mortgage repayments to increase by the end of 2028, according to Bank forecasts.That compared to four million projected by the Bank in December.However, the Bank’s Financial Stability Report said the hit would not be as hard as seen in recent years.A typical owner-occupier rolling off a fixed rate in the next two years is likely to face an increase of £45 on their monthly mortgage bill, the Bank…

Tether, the company behind USDT, is preparing to issue the stablecoin natively on Bitcoin through the RGB protocol version v0.11.1. Deployed by the UTEXO software lab, USDT is set to return to the chain where it first launched in 2014 via the Omni-Mastercoin Layer.  UTEXO, the company leading the commercial rollout, has positioned itself as the issuer and distributor of this Bitcoin-native USDT in partnership with Tether.  “Finally, after eight years of development—if not more—we are the company that is launching USDT over Bitcoin with strong support from Tether,” said Viktor Ihnatiuk, UTEXO co-founder, in an exclusive interview with Bitcoin…

At Tottenham, BTS brought the album’s themes to life. Before they arrived on stage, the audience heard the toll of the sacred bell of King Seongdeck, one of Korea’s revered cultural treasures, cast over 1,200 years ago.The massive 360-degree stage, which featured four catwalks into the audience, was also inspired by Gyeonghoeru Pavilion in Seoul’s Gyeongbokgung Palace, while the stage floor incorporated visual elements inspired by the South Korean flag.Taking place in much drier conditions than the first night in Goyang Stadium, the first London date is largely focused on the Arirang album, which harks back to the band’s hip-hop…

Cristiano Ronaldo (Getty Images) Cristiano Ronaldo’s World Cup dream ended in heartbreak after Portugal suffered a 1-0 defeat to Spain in the Round of 16 of the 2026 FIFA World Cup. The 41-year-old forward played what he had earlier said would be his final match in the tournament, bringing an end to a remarkable 20-year World Cup journey.While the defeat left Ronaldo in tears, his hometown of Madeira chose to celebrate his incredible legacy instead. Residents organised a spectacular drone light show to thank the football icon for everything he has done for the island. The emotional tribute quickly went…

Students taking delayed admission to government Pre-University (PU) colleges in Karnataka will no longer have to pay penalty charges from the 2026-27 academic session. The Department of School Education and Literacy has withdrawn the late admission fee system, saying the provision was being misused by some colleges.Till now, students admitted up to 10 days after the deadline had to pay a late admission fine of Rs 670, while those admitted within 20 days had to pay a special fine of Rs 2,220.Government cites misuse of penalty provisionThe department said the penalty system, introduced through a government order on March 20,…