In 1970s, the Black-Scholes model became the basis for valuing financial derivatives. The market size is estimated to be $1 quadrillion ($1000 trillion or 1 followed by fifteen zeros)! Derivatives are complex financial instruments, but simplistically can be thought of… Read More »Value of Jainism using the Option Pricing Model
Parents always choose an ideal, virtuous name for their new born child. Supposedly even Elon Musk child’s name X Æ A-12 has a meaning behind it. The etymology of names is often rooted in ancient languages, such as Sanskrit, Urdu,… Read More »What’s in a name?
Soul (JIVA) is consciousness and is an independent entity, totally separate from any bodies associated with it. As can be observed from the diagram below, JIVA is enveloped by karmic matter. Thus, soul is in a state of flux affected… Read More »How many bodies can we have as per the Jain philosophy?
Have you noticed how the clothes bounce up and down, side to side and get bashed around in all directions in a washing machine & tumble dryer? Well, Jains believe in Saṃsāra – life is a continuous cycle of reincarnations… Read More »What does the Washing Machine & Tumble Dryer teach us about the Jain philosophy?
Let’s explore the differences and similarities with regard to various categories: (I) Nature of reality: There are basically two viewpoints to understand reality – Abheda (similarities) & Bheda (differences) in all existence. – The Vedanta philosophy of the Hindus believe… Read More »Overview of the main differences and similarities between Jainism, Buddhism & Hinduism?
To understand the main practices of Jainism, it is important to understand the main sects of Jainism. Just as in Christianity there are Protestants & Catholics, in Islam there are Sufi and Sunni, in Jainism the two main sects are… Read More »What are the main practices of Jainism?
Just as in the Bible there are 10 commandments, Jains believe in 5 major principles that underpins the entire philosophy which are as follows: (i) Ahimsa (non-violence) by thought, word or deed. This should not be construed from a narrow… Read More »What are the main beliefs of Jains?
According to Jains time is beginningless and eternal. During the 3rd / 4th phase of each time cycle, 24 Tirthankaras (spiritual guides) are born who propound the truth and reality of life. In the current time cycle, it can be… Read More »What is the origin of Jainism?
Numbers are ubiquotous. Be it Astronomy, Finance, Biology, Chemistry, Physics or any other facet of life numbers are integral to our existence. In fact, the 4th Aagam (holy Jain scripture), Samavayangasuttam, has a unique heterogenous theme in which it describes… Read More »Jain Numerology
Bhagvati Sutra and the Tattvartha Sutra succintly define Jiva as Upayoga (application or utility of consciousness i.e. caitanya). It is prana (power of life force) known by its experience and application. This is understanding soul from one perspective. Of course,… Read More »Nature of Soul in Jainism