Monthly Archives: October 2006

Globalization: advantages and disadvantages

A question from Yahoo! Answers: GLOBALIZATION – is it more of an advantage or a disadvantage? The world as a whole wins from globalization. To undesrtand why, you need to go back to David Ricardo and his concept of comparative … Continue reading

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Incidence of homicide worldwide?

A question from Yahoo! Answers: How many homicides occur on earth each day? Assuming 5 homicides per 10,000 residents annually (actual rates can be anywhere from 0.3 in Luxembourg to 50 in South Africa), about eight thousand.

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Are death taxes good?

A question from Yahoo! Answers: Can ppl come to see their own selfinterest & happiness in equal distribution of deceased estates? is this argument false? ‘wealth shouldnt be distributed equally among ppl bc ppl arent equally qualified & arent working … Continue reading

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Businesses killed by the Internet?

A question from Yahoo! Answers: What Businesses have been “killed” by the Internet? Think about it – once the internet got going, some businesses were totally taken from behind… either they no longer exist “out on the street”, or are … Continue reading

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Business ownership: legalized theft?

A question from Yahoo! Answers: Is this point rocksolid? [profits minus ownerfairpay = legal theft or beggary]? if we understand or define costs as including fairpay for the workinput of owners, as well as employee costs, overheads, advertising, accounting, costs … Continue reading

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The financial situation of young adults

A question from Yahoo! Answers: What do you think of the financial situation of young adults (18-30)? How we young adults manage our money and credits. The question is much broader than just credit management… Today’s young adults may be … Continue reading

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The best MBA program in Canada?

A question from Yahoo! Answers: The best university for a MBA in Canada? Depends on whom you ask. Business Week puts MBA programs at Queen’s School of Business, University of Western Ontario, University of Toronto, and HEC Montreal in their … Continue reading

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Data on crude oil volatility?

A question from Yahoo! Answers: Where can I find data on crude oil volatility ? You can compute it yourself. Get a daily time series of price. Compute daily returns. Then compute standard deviation of daily returns over the desired … Continue reading

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Crime and DNA

A question from Yahoo! Answers: Is it in a persons Dna which makes him a criminal? I would like to call into attention that although there is a debate over Nature over Nurture. Two very important facts. That the african … Continue reading

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Derivatives funds?

A question from Yahoo! Answers: Pls tell me about derivatives funds? These are funds that speculate in derivatives (usually, options and futures, but some dabble in swaps as well). Derivatives funds tend to have high volatility, low correlation with major … Continue reading

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