The Snotty Princess

World Cup Predictions

World Cup 2006

More Worldview Economics Stuff

George Gilder, in his book Wealth and Poverty, produces a lengthy and compelling argument for what he calls supply side economics. He shows that there is nothing wrong with those who are well off shouldering more responsibility for the well-being of their society. This is often reflected in graduated tax rates. However, when the rate approaches 50%, the revenue received by the government actually begins to reduce. This is simply the result of those at this level beginning to work much harder at minimizing their tax. Add to this the dwindling incentive for earning more money, and one begins to see the pratical truth of Gilder's position.

The Laffer curve reveals this theory in a mathematical way. Reagan and Thatcher used this theory to promote tax cuts in the 80s. I'm not convinced, any thoughts?

Churchill once said, something like, people who are socialists in their 20s usually end up capitalists by their 40s. Well, I'm not quite 40 yet.

Quotation of the day

The true foundation of theology is to ascertain the character of God. It is by the art of Statistics that law in the social sphere can be ascertained and codified, and certain aspects of the character of God thereby revealed. The study of statistics is thus a religious service.
F N David: Games, God and Gambling (1962)

- As I sit at my desk statistically modelling American insurance claims, I so wish the above quotation was true for me. I'm no Florence Nightingale.

Florence Nightingale

A great Statistician

Happy Girl

Monty Python - This is Funny

Fashion Tips

I hope I never make this fashion faux pas.

My Grown Up Niece (in-law)

Home for the next few years

Mobile Phone users are getting younger

OJ Duck

A Hula Girl warms up for the summer

Eric's Team Talk

Game 1 EVFC 2 - Spirit Fingers 0

EVFC training session

The Lift

Interesting Statistics

Consider the global priorities in spending in 1998

Global Priority $U.S. Billions

Cosmetics in the United States 8
Ice cream in Europe 11
Perfumes in Europe and the United States 12
Pet foods in Europe and the United States 17
Business entertainment in Japan 35
Cigarettes in Europe 50
Alcoholic drinks in Europe 105
Narcotics drugs in the world 400
Military spending in the world 780

And compare that to what was estimated as additional costs to achieve universal access to basic social services in all developing countries:

Global Priority $U.S. Billions

Basic education for all 6
Water and sanitation for all 9
Reproductive health for all women 12
Basic health and nutrition 13

Any thoughts?