Comments: GP1 - Growth and Fraud - Meet at the Grigg Point

That was good stuff, Ian. I am excited. Hurry up, will you? :)

Posted by Bob at December 12, 2005 07:34 AM

the fig.1 is somehow insulting the mathematically educated, but the point you're making is quite clear and solid.

Posted by Matthias Subik at December 12, 2005 12:01 PM

Yes, it's a lousy curve in Fig 1. An exponential curve cannot achieve the vertical. It may approach but never meet a vertical assymtote. Fire the draftsman. As for the rest - wha????

Posted by Peter Grigg at December 13, 2005 04:36 AM

JK Galbraith once proposed a different theory of the system dynamics of fraud, which he called Bezzle.

See my blog at http://www.veryard.com/notions/2005/05/bezzle.htm

Posted by Richard Veryard at December 14, 2005 06:45 AM
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