Tyrek

12 ms·

91.
by Tyrek 8y ago
Yes. All financials are filed in a single currency. You would report the exchange losses under a separate line specific for gains/losses due to FX.
92.
by Tyrek 8y ago
In a large part, it's because Western business practices suffer from a lot of ego. I suspect consulting has a lot of cargo-culting because you need to wrap things up in a foreign veneer in order to implement certain optimizations wit
93.
by Tyrek 8y ago
it's not easy to policy a pool of drivers, but that's not my concern as a consumer - that's on you to figure out your business model - if you've lost the consumer confidence, that's a direct threat to your business,
94.
by Tyrek 8y ago
I'm not sure that's how Medicare is 'predicated' - the fundamental assumption is that you get to a) reduce administrative overhead due to a centralized system, and b) using the power of a single-payer system to negotiate
95.
by Tyrek 8y ago
Any sort of consulting work is effectively a bespoke product - I don't see how you can get to the point where you can 'mass manufacture' professional services.
96.
by Tyrek 8y ago
In most law firms, there are two classes of lawyers - employees (salaried, with bonuses) and partners (equity profit share). Generally, partnership takes close to a decade to obtain, and generally requires a buy-in into the partnership. The
97.
by Tyrek 8y ago
To answer your high level question: Absolutely not. International trade theory's core concepts are structured as a n-player game, with n being the number of nations. That is to say, a nation has a fixed amount of resources. If a domest
98.
by Tyrek 8y ago
This needs to be emphasized more - Economics is given a bad rep for creating inequalities, but the field is playing with half the handbook - domestic policy in the form of fiscal policy (i.e. decision on how much and where to spend $), as w
99.
by Tyrek 8y ago
Are trolleys more efficient than buses, pound for pound? Especially after you factor in the capital expenditure needed to build out the trolley lines? I find it hard to believe that a niche technology (trolleys) would be more efficient over
100.
by Tyrek 8y ago
I take issue with your argument that we should bury meritorious complaints just because they happen to be associated with bad behavior. Taking that approach to the extreme, should we stop talking about politics completely? There has to be a
101.
by Tyrek 8y ago
without judging the original situation, misleading investors is bad . Customers know what they are getting and can accordingly choose to extend or cancel the existing business relationship. That's easy. Investors rely on management&#x
102.
by Tyrek 8y ago
Is it that unrealistic? During rush hour, most buses I've seen are packed, whereas most cars on the road are not carpools.
103.
by Tyrek 8y ago
No, all testing is down all the way down to 'reality'. But testing is statistically scaled to detect large errors. The threshold for 'large' shifts with how large the audited company is. i.e. a couple million dollars is
104.
by Tyrek 8y ago
The difference is one of scale. For example, a Walmart sized company could easily have some fraud going on the scale of a couple million dollars - the financial statements are considered to be materially correct (i.e. in that investors wo
105.
by Tyrek 8y ago
Stats, Intermediate Accounting, Microeconomic Theory are a couple of the 'weeder' courses off the top of my head.
106.
by Tyrek 8y ago
Are you suggesting that the US government suspend income tax while they hire enough people in the IRS to go through every individual's tax return?
107.
by Tyrek 8y ago
Your point doesn't diminish his statement though - This has been the de facto method of economoic imperialism for the past 3 decades or so, and all of a sudden it's a problem because China is doing so?
108.
by Tyrek 8y ago
Sure, but you're omitting a crucial step - a relative minority of the population were actively enabled and were able to pursue their interests/self-invest/etc. when they were much younger (read: teenaged), which gave them a s
109.
by Tyrek 8y ago
The government pays for 70% of healthcare for working people. I.e. these are productive citizens (presumably) putting more into the system than they are getting out of it, at ~72% (mathematically, that's 2.5 productive citizens per eld
110.
by Tyrek 9y ago
It is illegal in the US to NOT pay taxes on illegal profits. That's how Al Capone was taken down - it's infinitely easier for the government to prove that you had income that was not declared than it is to prove that the income ca
111.
by Tyrek 9y ago
MAD is predicated on the fact that ICBMs take time to arrive at their target, and are effectively unstoppable. The idea is that if nuclear state A was to target nuclear state B, B would be able to launch their own arsenal at A before B was
112.
by Tyrek 9y ago
But the counterpoint is that it's too easy to fall into a 'We MUST intervene to protect democracy/progress/freedom/whatever' if the only political cost is money (which is fairly easy to find for the military),
113.
by Tyrek 9y ago
The challenge here is that there's equal and opposing problem - the social sciences (Econ, Psych, etc.) have established that what people say (expressed preferences) and how they act (implied preferences) are inconsistent. So you&#x2
114.
by Tyrek 9y ago
A very old, classical definition of monopoly is >20% market share. The more modern 95+% definition is a fairly new concept that's emerged from trying to explain Economics to the masses.
115.
by Tyrek 9y ago
Why does every second comment on this topic reference China? An (effectively) American company domiciled in Singapore has no relation whatsoever to China, but yet it's one of the salient points in half the posts I'm reading on thi
116.
by Tyrek 9y ago
'Soda' is generally considered to be the sugary stuff (Coke, Pepsi, etc). If you replace with soda water (effectively 0 sugar), then it's not unreasonable to say that you've given up on soda in a non-literal sense.
117.
by Tyrek 9y ago
Because Law Enforcement generally behaves like people, and (like people), often take cognitive short-cuts when making certain assessments. In this case, the short-cut would be to assume that the individual has to be a criminal, and act as
118.
by Tyrek 9y ago
Given our current understanding of Uber's business model, do you really think that 'specially trained' drivers are going to be subject to more than a powerpoint presentation or two?
119.
by Tyrek 9y ago
It's a double tax because you're not paying enough for the road in the first place. I understand that there's this huge resistance to paying tolls for roads, but there's a valid reason for them for a variety of policy
120.
by Tyrek 9y ago
No, the implication is that there is that there are an enormous amount of edge cases that a human would appropriately respond to (i.e. no death) that the "A.I." cannot.

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