TR EMERITUS

When news of the SIA's "profitable" sale of Virgin Atlantic stock was announced, I found myself greatly dismayed by how one could "legitimately" buy stock at nearly four times the price one sold at and still have the gall to declare a profit based on "Generally Accepted Accounting Practices" (GAAP)1. I would propose that a... 

Dr Christopher Balding I am amused and intrigued by people who have no understanding of the implications of their own arguments or do not carefully read what I have written. In his “rebuttal of a rebuttal” ('A rebuttal of Professor Balding’s rebuttal'), Mrs. Snook further attempts to convince myself and others about the... 

Someone tried to explain why Singapore has a public debt equivalent to 105 percent of its GDP, the 14th highest in the world (2012 estimates: 111.40 percent, 13th highest, CIA World Factbook). The illustration used was, two guys borrowing $1 million each. One has zero bank balance, the second has another $1 million to his name....