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The Flood / Re: zionism
« on: June 12, 2015, 06:11:22 PM »Hands down one of the funniest things I've seen.
This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to. 4981
The Flood / Re: zionism« on: June 12, 2015, 06:11:22 PM »Hands down one of the funniest things I've seen. 4983
The Flood / FREE CHALENGER« on: June 12, 2015, 06:06:04 PM »
MASHALLAH BROTHERS
TAKBIR TAKBIR BEHEAD THE KAFFIRS CHEAT IS CLOSE TO SHI'ITE NO MURCY FROM THE SALAFIYYAH SCOURGE TAKBIR 4984
The Flood / Re: Never have I ever« on: June 12, 2015, 05:58:21 PM »
Never have I ever unwillingly touched an eight-year-old's genitals.
Spoiler Or have I ( ͡° ͜ʖ ͡°) 4985
The Flood / Re: YFW gas was $0.03 a gallon in the 1600s« on: June 12, 2015, 05:51:09 PM »Really, we shouldn't even be using gas at all anymoreWe probably wouldn't be if the government didn't subsidise it/taxed it properly/would stop fucking with nuclear. 4986
The Flood / Re: Never have I ever« on: June 12, 2015, 05:50:28 PM »
Let's see. Out of the things mentioned in the thread I have:
- Been to an emergency room. - Fucked a dude. - Gotten drunk. - Does nicotine count as a recreational drug? - Watched porn. - Seen Up. 4987
The Flood / Re: YFW gas was $0.03 a gallon in the 1600s« on: June 12, 2015, 05:46:17 PM »But I'm saying it's not cheap enough, and capitalism isn't doing jack fucking shit to make it any better than any other system could.The pricing system is the best way of making gas cheaper. There is no should price for gas, only is. Fuck with the price system and you'll end up with an awful allocation of resources. Although, I'd still argue the price system has done rather well, given the fact that oil rigs are increasingly few in number. ![]() And, not to mention, gasoline is taxed at close to 20pc in the US. Hell, we'd be even better off if people didn't stop fucking with nuclear energy ever time it tries to make an effort. If you don't like gas prices, convince the Saudis to produce more. 4988
Serious / Re: Rant on Thomas Piketty and Ha-Joon Chang« on: June 12, 2015, 05:39:00 PM »ExactlyMashallah, brother. 4989
The Flood / Re: YFW gas was $0.03 a gallon in the 1600s« on: June 12, 2015, 05:32:44 PM »16% is still far too much.wot that's the point capitalism has made gas cheaper 4990
Serious / Rant on Thomas Piketty and Ha-Joon Chang« on: June 12, 2015, 05:31:05 PM »
Just shortly on Piketty, since his only really notable work was Capital, it's worth noting that most of what he wrote was essentially wrong. Not only were there methodological issues on his spreadsheets which include transcription errors and incorrect formulae which skew his sources, but MIT graduate Matthew Rognlie took another look at the data and found that almost all of the increasing share of domestic income going to capital was from rising rent on residential real estate. As far as I know, Piketty hasn't addressed these criticisms adequately.
Now. . . On to Chang. Chang is an incredibly poor reflection on Cambridge's economics course; I can't recall a single thing I've read by him that had actual data and analysis, instead he fills up his books with ideological buzzwords and tenuous links. Just take this line from one of Chang's websites promoting a book of his: "Contrary to what most economists would have you believe, there isn’t just one kind of economics – Neoclassical economics. In fact there are no less than nine different kinds, or schools, as they are often known. And none of these schools can claim superiority over others and still less monopoly over truth." This is just utter nonsense on the face of it. Economics is not just guesswork, and certain schools can absolutely take superiority over others. He even includes a cute little chart, which is definitionally wrong. Chang is either being stupid or dishonest here (even before we've gotten to the actual economics!) because the schools are simply not delineated like this. It makes no sense. Classical economics became neoclassical economics "Neoclassical economics" isn't particularly well-defined anyway "Schumpeterian" is a branch of growth theory "Keynesian" is a branch of business cycle theory "Behavioral" is a branch of microeconomics All five of those "schools" (at minimum!) are basically mutually consistent. I could write down a New Keynesian business-cycle model with habit formation and a quality ladder, and there you have all five of those "schools." There's just no way you can possibly think schools are "schools" in the hard-and-fast sense. If you want to go by Chang's chart, I'm a I'm a Neoclassical-Keynesian-Schumpeterian with an affliction for Behaviouralism. On that front, I see the world as basically and broadly, but substantially, mimicking an Arrow-Debreu-Radner equilibrium (read: the laissez-faire world). Maybe 75% of the economy works well along those lines. However, crucially, there are some badly incomplete markets and there is substantially incomplete information on the part of many market participants. Firms have enough market power to make sticky prices and monetary policy important for macro fluctuations. Financial markets and insurance markets are substantially incomplete. Some segments of the labor market badly fail to meet the conditions of Pareto efficient contracts between workers and employers. What does this imply for policy? Governments can usefully step in to fill the space left by incomplete insurance markets. Governments can usefully step in to design laws that minimize the costly enforcement problems that plague financial markets. Governments can usefully step in to write sensible contract, tort, and property law which aids the public's daily ability to go about their business. Governments can usefully step in to design laws that improve workers' position at the wage bargaining table. Governments can step in with transfer payments to those who are least well off. Monetary policy makers can minimize the ill effects of inflation and rigid prices. Statistical agencies can publish information to curb the problems of imperfect information and costly information processing. I've read his book Bad Samaritans and it's completely awful. He claims many institutions push conservative theories over liberal-Left theories. Many institutions push correct theories (like free trade and globalization as being positive things for the poor and developing countries as well as developed and rich countries) while he and a vocal minority rail against it and use the word "neoliberal" in every other sentence. Chang completely ignores this, going insofar as to claim Hong Kong is the "exception" to his rule. If memory serves, Chang has also occasionally doubted the sloping nature of the demand-supply curves, despite the fact that this has been settled since Smith's 1962 paper. It's akin to doubting the nominal rigidity of wages. Chang has relentlessly and unapologetically tried to pull economics into the real of politics (more than it already fucking is), and out of the social sciences. He's either dishonest, idiotic or both. Don't even get me started on Twenty-one Things They Didn't Tell You About Capitalism, either. He completely ignores how shitty all economies have become when they tried to achieve autarky and completely ignores endogenous growth models in Bad Samaritans and refuses to acknowledge the technological benefits of trade despite the fact it has been evident since the Middle Ages. In the end, Chang is a politicised hack. You know what they call alternative medicine which actually works? Medicine. Similarly, do you know what they call heterodox economics which is coherent and backed by the empirics? Economics. 4991
The Flood / Re: YFW gas was $0.03 a gallon in the 1600s« on: June 12, 2015, 03:56:31 PM »
Lol, just realised I read by conversion table the wrong way around.
There's actually five litres to every imperial gallon, meaning a gallon of petrol would cost around 83pc of an Elizabethan's wage and closer to 51pc for me. 4992
The Flood / Re: YFW gas was $0.03 a gallon in the 1600s« on: June 12, 2015, 03:54:27 PM »that's a massive, MASSIVE chunkThat the fact costs have risen since then is irrelevant, since we've seen inflation several-thousand fold and shifting demand paradigms for petrol itself. Meaning it's proportionally cheaper than it was back in the Elizabethan period. 4993
The Flood / Re: YFW gas was $0.03 a gallon in the 1600s« on: June 12, 2015, 02:35:44 PM »
You know how much a penny was fucking worth in 1600?
Let's be generous and say it's a skilled labourer being paid 12d a day, and let's be even more generous and say that a gallon of petrol is tuppeny. Petrol is currently around £1.16/litre, and there are 5 litres to an imperial gallon. I get paid around £80/week, which works out to £11.43/day. If I want to buy a gallon of petrol, it'll cost me about £5.80. Which is 51pc of my daily income. If you have an Elizabethan skilled labourer purchasing a gallon of petrol on 12d/day for tuppeny, he has used 83pc of his income. So fuck you. That's capitalism. 4994
The Flood / Re: Whenever I read I get bored« on: June 12, 2015, 02:20:39 PM »
Look at this non-book reading pagg0t.
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Serious / Re: Why do feminists cook-up stories about misogyny when they lose?« on: June 12, 2015, 12:23:27 PM »now i'm going off your judgement of misogyny, aren't iLiterally the only questionable one I see is: You're not even "in science", you're a teacher. Why not go into a STEM field to be a role model? Too hard? 4997
The Flood / Re: The winds of Titan« on: June 12, 2015, 12:19:54 PM »It's Verb's alt.Fuck you, Verb. 4999
Serious / Re: Why do feminists cook-up stories about misogyny when they lose?« on: June 12, 2015, 12:09:17 PM »of the 500+, he maybe put up 7 or 8Point being no such tweets can be found when checking even Grossman's feed, despite the fact she claimed to have retweeted the misogynistic ones. 5000
Serious / Re: Shit gets weirder and weirder by the day« on: June 12, 2015, 12:06:41 PM »
The fuck. . .
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Serious / Re: Why do feminists cook-up stories about misogyny when they lose?« on: June 12, 2015, 12:06:02 PM »He shows pictures of the tweets in the actual article.The fringe ain't so fringe-y.no, don't worry... it still is Give Milo credit, he writes for Breitbart but he's actually a stand-up guy. 5002
The Flood / Re: If you had to send one entire race to colonate Mars who would you send?« on: June 12, 2015, 10:59:12 AM »
Whites, so we can get away from all the spics and niggers.
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The Flood / Re: What will your custom title be?« on: June 12, 2015, 08:39:10 AM »
Probably "Master of Coin".
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Serious / Another British Pakistani cultural problem« on: June 12, 2015, 08:33:09 AM »
Just 3pc of children born in Britain are to British Pakistanis. Yet 55pc of British Pakistanis are married to their first cousins, and as a result the children of that demographic account for a third of all children with genetic disorders.
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Serious / Why do feminists cook-up stories about misogyny when they lose?« on: June 12, 2015, 08:12:18 AM »
Breitbart.
Quote One of the most frustrating things about debating feminists and feminist academics is how readily they reach for words such as “abuse,” “harassment” and “safety” – particularly, it seems, when they are losing the argument.The fringe ain't so fringe-y. 5006
The Flood / The winds of Titan« on: June 12, 2015, 07:17:43 AM »YouTube skip to 1.20 to hear them. 5007
The Flood / Re: we finally know what sargon of akkad looks like« on: June 12, 2015, 07:13:47 AM »fok 5008
The Flood / we finally know what sargon of akkad looks like« on: June 12, 2015, 06:41:23 AM »YouTube a sexy lumberjack 5010
Serious / Re: Getting angry about oil spills« on: June 11, 2015, 06:01:32 PM »It's hardly the teachers' fault for not being "inspiring", though.I was thinking about something similar earlier. Anybody remember that Youtube video where that long-haired hippie fuck in a classroom was having a go at a teacher for not "inspiring" her students or some shit like that.Or how about the fact that school is boring and useless as fuck? |