Author and Activist
The Koran, Soldiers of God and Cartoonists
I just spent an interesting few hours reading the Koran - looking for quotes that would set the believer off on quests to destroy cartoonists and deli shoppers. The result brings up quite…Continue
Added by Philip Copeman on January 10, 2015 at 11:00am — No Comments
First Law of Capitalism is that Capital compounds cumulatively.
K(t+1) = K(t) *(1+r)
K(t+n) = K(t) *(1+r)**n
For example if you start with R 100 and can double it with r = 100%, you will have R 200. If you can do that 10 times you will have over 1000 times the amount you began with.
Added by Philip Copeman on January 4, 2015 at 7:00am — No Comments
Arguably this is the best book this year on the South African Economy and is a must read for any Azanian student of the dark art of economics. The Missing Piece is worth the read simply for the revisionist summary of the last 20 years. Anyone that has tried it, knows how difficult it is to collect comprehensive data from multiple sources on the SA economy. Lings integrates the data from a number of public sources and gives us a very clear statistical picture of the changes…Continue
Added by Philip Copeman on January 1, 2015 at 9:00pm — No Comments