Not quite the black market, something of a grey area. Basically involves buying goods in bulk in foreign countries where they are cheaper, then shipping them to richer countries to sell at a cheaper price than elsewhere in those countries.
by Kung-Fu Jesus April 30, 2004
The reasoning for choosing the hardest path (or what is presumed to be a hard path), which basically amounts to the person being presented with a decision being rewarded by becoming a "better person" (ambigous term) by the end of the path.
Going into politics builds character, since being economical with the truth is an essential life skill.
by Kung-fu Jesus July 07, 2004
by Kung-Fu Jesus June 15, 2004
Money has a time value, net present value is future cashflows brought back to today's value against a discount factor (11% is standard), minus the initial investment. If the net present value of cumulative cashflows is positive, then the project should be accepted, unless a more profitable investment is also availiable.
To calculate the NPV of an investment, one must know the discount factor, cost of investment and expected incomes (based off accurate data)
by Kung-fu Jesus July 06, 2004
by Kung-Fu Jesus May 02, 2004
Divine right is one of many excuses used by monarchs of Europe to retain thier positions of power. It was claimed that God himself put them there. Of course, the intellectuals of the day pointed out that monarchies are formed from the most violent band of thugs, made by man, not God.
by Kung-Fu Jesus April 21, 2004
A belief that in one way or another you are always inferior ot others, usually on a physical attribute. This prevents oen from ascending Maslow's hierarchy of needs.
He holds an inferiority complex against himself because he is 5'6".
She has an inferiority complex about her small breasts.
She has an inferiority complex about her small breasts.
by Kung-fu Jesus June 24, 2004