What does π have to do with exchange rates, much less pie? First a disclaimer: an over-educated family member said that puns are the lowest form of humor. She meant that puns are “crude”, and are not to be used. Exchange rates convert values denominated in one currency into another
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A piece of cake and an irrational thought on Pi (π) Day
Seeing clearly through two I’s – innovation and inertia
In Philosophiæ Naturalis Principia Mathematica, Newton summarized a phenomenon that applies equally well to innovation and to Newtonian Mechanics: “The vis insita, or innate force of matter, is a power of resisting by which every body, as much as in it lies, endeavours to preserve its present state, whether it
Toyota Recalls – Perception versus (Economic) Reality
Do Exchange Rates Matter? Contributed by Robert Rowan, an International Finance Controller at SAS and author of new book Foreign Currency Financial Reporting from Euro to Yen to Yuan: A Guide to Fundamental Concepts and Practical Applications Until 2008 General Motors (GM) reigned as the world’s No. 1 automaker. GM