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Comparative Exponential Growth Rates of Marcos and Cory

Marcos GDP Growth Negative 1966 6.4 Billions 1982 37.1 Billions 8.36 1986 29.9 Billions 7.34 -5.39 Cory 1986 29.9 Billions 1992 53 Billions 7.79 Data for this post are from IECONOMICS.COM. The calculations are mine, using the continuous compounding mechanism of the exponential curve (this is like the bank's compound interest rate, only that instead of a quarterly or annual compounding, the compounding is done continuously). As a result, the rates would be a bit lower than if I used the compound interest rate. So much the better, you can say that this is a conservative view. SO, WHAT ARE THE RESULTS? Before the decline 1981-1982, the average annual growth rate was rather good, but slightly behind the East Asian tigers (Hong Kong prior to Chinese reunification, SoKor, Taiwan and Singapore) at 8.36 percent per annum. Still, you could say it w...

‘There is an enormous amount of pain and poverty in this rich land,’ argues American sociologist Desmond

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Evicted by Matthew Desmond – what if the problem of poverty is that it’s profitable to other people? ‘There is an enormous amount of pain and poverty in this rich land,’ argues American sociologist Desmond in this brilliant book about housing and the lives of eight families in Milwaukee W hat if the dominant discourse on poverty is just wrong?What if the problem isn’t that poor people have bad morals – that they’re lazy and impulsive and irresponsible and have no family values – or that they lack the skills and smarts to fit in with our shiny 21st-century economy? What if the problem is that poverty is profitable? These are the questions at the heart of Evicted , Matthew Desmond’s extraordinary ethnographic study of tenants in low-income housing in the deindustrialised middle-sized city of Milwaukee, Wisconsin. You might not think that there is a lot of money to be extracted from a dilapidated trailer park or a black neighbourhood of “sagging ...

Life Once, Life Forever

What if our knees now ache from rheumatism? Didn't we climb hills and trees? If now we indulge in bitter politics? We truly loved once. So what if now is dark? Tomorrow there will be sun, and the morning bright.

A View of Survey Results: the 2016 Philippine Elections

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Assuming the survey responses were gathered appropriately (methodologically compliant), then the estimates of prevalence can be interpreted meaningfully in terms of an electoral race, provided the percent standard error is considered. Bobbi tiglao also posits that another crucial parameter needs to be estimated and included in the calculation of voting preference: that of machinery generated votes, which should be added to the survey responses. Now since the two quantities are additive, we can analyze the survey preferences before or after the machinery generated votes are included, and the results will be the same. It is more intuitive, though, to consider it at the end when the quantities are compounded into a single measure. Let us now go to the final estimates (survey responses plus machinery generated). Source: Tiglao, see FB posts If we use the SWS declared standard error */- 6 percent, then the following conclusions are warranted: 1. there...