I was reading this article today (in Romanian) and it reminded me of one of this country’s greatest problems: the complete inability to understand the difference between mathematics and economics. I realize a lot of people don’t like numbers and when they see one or two of them together they start to get a headache and their eyes get blurry. Nonetheless, let’s see if we … Continue reading Economics versus Mathematics
Yesterday I posted on Facebook (my personal page) the same photo as I did here on the website, entitled simply The only thing missing is the ping-pong table. It was a photo of Philip H Gordon, the Assistant Secretary of the U.S. State Department (equivalent to the Foreign Ministry) and his entourage meeting with Traian Basescu in a garage. One Romanian in particular got angry … Continue reading I repeat – confidence IS high
Some of my critics feel I tend to write long, boring pieces. All I can say to that is: you should see the stuff I read on a daily basis LOL Today I was reading some enthralling documents on the Finance Ministry (Ministerul Finantelor Publice) website and I came across the following graphic: The most current information (in both English and Romanian) on this country’s … Continue reading Shaky Money
Well it is summertime pe bune (for real) now, with long, hot sunny days and everyone from cats to people outdoors most of the day enjoying the weather. This also means that the tourists are out in force, both foreigners as well as Romanians from other parts of the country, and over the past few weeks I’ve met quite a lot of them. One thing … Continue reading The Narrative
You know numbers, at least so-called rational numbers, seem like pretty simple things. After all, three beers is three beers and it seems to be a fairly simple concept to grasp. And yet time and time again I write about these ideas precisely because very smart people get all mixed up and confused when it comes to these little bastards that we call “numbers” and … Continue reading Slippery Numbers
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