Comments on: A little bit on correlation

By: lerato

lerato — Tue, 14 Oct 2014 10:02:14 +0000

That’s rather interesting, I’m a first year university student and that might a reason why I haven’t even heard of such a theory. We’ve always been taught that it’s because of the high taxes people stop buying a lot alcohol and therefore, the decrease in the accident rate decreases but the other points make you think about it from a different perspective. It might also be a subjective, whereas people want to stop the high rate of drunk driving accidents or objective in a sense of the taxes or the road safety initiatives initiated by the government. It’s really interesting, thank you for that

By: T. N. Ndumo

T. N. Ndumo — Mon, 13 Oct 2014 16:21:11 +0000

This is quite an interesting blog and this article in particular.

As an Accounting Sciences first year student I am required to have economics as on of my modules. It is fascinating how knowledge from the lecture hall can be applied in the “real world.” Your example about alcohol being taxed at a higher rate and its possible effects on drunk driving-caused car accidents illustrates my above mentioned statement.

Economics, mixed with some accounting and statistics principles only gets better for someone pursuing a career in chartered accountancy like myself!

By: Charlene Buytendag

Charlene Buytendag — Sun, 12 Oct 2014 21:33:27 +0000

If some economic courses do not give this information, how can someone get more informed like you are?