Okay,
So I'm in Africa, desperately trying to get a decent browsing experience. However, since recently, I've been unable to connect my laptop at the local internet cafe. My laptop uses Linux Mint, and whenever I try to ping the site of my employer I get an error message that the ICMP (?)...
But you would certainly not buy all the games you currently download. Which is what some people imply when they calculate damage of piracy by multiplying the number of pirated copies of songs/games/movies/whatever by their price.
I think the main problem is that there's no counter-factual. You don't know how many more copies of games would have been sold with no piracy because we can't run any kind of experiment that compares a world with piracy and one without one.
If you set up Comodo Defense+ properly, you won't see many pop-ups after a few days. Comodo is is a pretty decent package if you ask me: firewall, anti-virus, and whatever you call defense+.
You might very well see it that way. My money in the bank is a debt of the bank to me.
What I don't see, is your problem with it. "Money ad Debt" claims banking will lead to poverty. Well, they've won a reality check. If we compare countries with solid banking system to those which don't, or...
As for how precisely open market operations work: I'm no expert. Wikipedia is probably a good place to start.
As for my calculation: If Andrew borrowed $90 in your example. He's able to earn $100 from Jason, that allows him to pay $10 interest, and have his productivity boosted for future...
Hmm... Not sure what you do not understand. Here's some points to remember (though I'm probably saying incorrect things, and a proper economist would come in correcting me):
* You technically don't need cash to pay for your interest. When's the last time you went to the bank with a wad of...
Allright; I go to Sierra Leone in a couple of weeks, and one of the questions I ask villagers is: would you rather have $10 now, or $x after harvest. All of them make a calculation: "with $10 I could buy seeds, allowing me to produce $30 worth of rice". (they could also say: "I could be dead...
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