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Messages - More Than Mortal
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14641
« on: August 14, 2014, 03:31:40 AM »
Less the meaning of life and more so the meaning of economics. Not to shit on economics, because people who don't appreciate its sheer relevance are fucking lunatics.
It's pretty much the pocket guide for surviving in a capitalist market. Which is useful because that just happens, along with feminism, to be the thing that's given 1% of human history 99% of the wealth which has ever existed.
14642
« on: August 14, 2014, 03:25:28 AM »
>paul krugman
>capitalist pig
Seriously, economics is just a debate about how to distribute the wealth. There isn't any objective answer to it as you seem imply.
Not at all. I'm just saying there are a lot of armchair economists - particularly in my country - like Owen Jones and other Guardianistas. I may not be a Keynesian or a technocrat, but I know when to defer to what is essentially economic consensus on an issue. While Krugman isn't really a die-hard Keynesian as some seem to think, I still think he's going where the evidence suggests.
14643
« on: August 13, 2014, 10:41:07 PM »
I think there comes a point when we need to balance our philosophies with what is best for the people we share our country/planet with.
I'm sorry that a living wage is incompatible with your economic philosophy, but people should be paid enough to put a roof over their head, food on their table, and clothes on their back.
The problem with raising the minimum wage is that you immediately cut out those below that level of productivity. Price floors always create an expansion in supply, and only end up helping those who manage to remain in the workforce. The best thing to raise workers' wages would be, primarily, reductions in taxation on both lower incomes and corporations. The second step, I believe, would be the abolition of the minimum wage and the reform of welfare along the lines of a negative income tax or basic income guarantee.
14644
« on: August 13, 2014, 10:11:57 PM »
I think it's a wildly overrated function.
14645
« on: August 13, 2014, 08:11:15 PM »
14646
« on: August 13, 2014, 08:08:44 PM »
The economic growth which is currently occurring, thanks to Chinese investment mainly, will definitely help them. Trade, not aid, will lead them to better infrastructure to combat all too prevalent issues like disease and poverty.
As for a federation? I doubt it very much. They'll probably have a monetary union, while will necessitate political union and - like the EU - fucking roll over and die.
14647
« on: August 13, 2014, 07:19:38 PM »
Probably Jefferson; I admire his constitutionalism.
Although, I'm not a believer in natural rights.
14648
« on: August 13, 2014, 07:04:07 PM »
plot twist - rebels make dirty bombs from chernobyl ruins
14649
« on: August 13, 2014, 06:49:04 PM »
Actually it's not. It's an advocation for people to express their purchasing power and to refrain from buying over-priced shit. Once companies realize they're not selling stuff they'll have to lower prices
That I agree with.
14650
« on: August 13, 2014, 06:41:17 PM »
Raising the minimum wage is a joke. Want to live without having two jobs? How about lowering the price of goods instead
That sounds dangerously like an advocation for price controls.
14651
« on: August 13, 2014, 05:49:05 PM »
Because it isn't necessary. A gun is not a toy. If you don't need a specific gun, you don't have it for the fuck of it.
I see no reason to punish law-abiding people for owning a certain weapon, whatever that reason is, when that weapon is not even a problem within the society.
14652
« on: August 13, 2014, 05:41:50 PM »
Can you buy them at your local supermarket? No, you can't.
Nonetheless, those designed to chamber .22 rounds have the least regulated legal status in the country. Like I say, I'm not particularly connected with the issue - nor do I desire to be - but I can't see a lack of necessity to something as a justification for banning or otherwise regulating that thing. It's essentially the same logic from people who want to use "sin taxes" or give cigarettes plain packages.
14653
« on: August 13, 2014, 05:33:32 PM »
That's obvious. But that still doesn't mean civilians should have access to an AR-15 or AK-47.
I don't see a reason for limiting that freedom, so I can't personally support such an initiative. But I've learnt to leave American gun-culture very much alone. I will say, however, the AR-15s are legal here in England.
14654
« on: August 13, 2014, 05:28:36 PM »
I'd just like to point out, without having read any prior conversation, that weapons like the AR-15 are absolutely not the problem. People who pontificate on the unnecessary nature of owning an "assault weapon" are detracting from their own cause.
If you want to stop homicide, then crack down on handguns in the underground market.
14656
« on: August 13, 2014, 05:13:39 PM »
14657
« on: August 13, 2014, 02:24:12 PM »
Is this yet another Amerocentric test?
Economic schools are the same everywhere.
14658
« on: August 13, 2014, 02:16:44 PM »
14659
« on: August 13, 2014, 02:12:34 PM »
14660
« on: August 13, 2014, 02:04:51 PM »
Not too knowledgeable in the whole schools of Economics things. What's the difference between Chicago, Austrian, and Keynesian?
Keynesians are *for* fiscal deficits and activist government and are more associated with the likes of Paul Krugman. The Chicago School has historically been neoclassical and supported Milton Friedman's doctrine of monetarism, while the Austrian School has differed in its methodology, while still ending up supporting a lot of the same conclusions of the Chicagoans. The easiest way to think of it, I find, without going into too much detail, is that Chicagoans tend to be the consequentialist, moderate libertarians while Austrians are deontological, moral libertarians. Ron Paul, for instance, is an Austrian.
14661
« on: August 13, 2014, 01:56:49 PM »
Funny, I got almost exactly the same.
14662
« on: August 13, 2014, 01:44:46 PM »
No clue
I believe in a gold standard, free-market/ conservative approach, low domestic taxes, higher import taxes, free-trade is bad
Where would that place me?
The School of People who Shouldn't be Allowed to Discuss Economics. If you're genuinely interested, take this test: http://www.okcupid.com/tests/the-economic-school-of-thought-test
14663
« on: August 13, 2014, 01:30:33 PM »
Would it be illegal for you to slaughter them?
If not. Do that.
Keep you and your family fed for a while.
14664
« on: August 13, 2014, 01:20:25 PM »
What school of economics do you subscribe to? Who is your favourite or least favourite economist? I'm probably in the Chicago School alongside the likes of Milton Friedman and Thomas Sowell, and more specifically monetarism. I do have a healthy respect for the Austrian School, for all the scorn heaped upon it. Favourite economist(s): Milton Friedman; F. A. Hayek. Least favourite economist: Ha Joon Chang. Take this test if you're not sure: http://www.okcupid.com/tests/the-economic-school-of-thought-testIt seems mildly accurate. I got: Balanced Freedom
23 Keynesian, 54 Chicago, 54 AustrianYou are in favor of a free market, and quite a bit of individual freedom. That said, you don't really fit in any one school of thought. A little Keynesianism, a little Chicago School methods, and a bit of Austrianism all sprinkled around. You just know you want a working market, and you support it, but you have no consistent methodology guiding you.
14665
« on: August 13, 2014, 11:34:25 AM »
This fucking thread.
14666
« on: August 13, 2014, 07:29:05 AM »
 This is why I don't want anything to do with children.
14667
« on: August 13, 2014, 07:11:23 AM »
Some of them are fucking horrible, too. Can sleeping tablets affect your dreams?
14668
« on: August 13, 2014, 06:43:11 AM »
According to the definition they use to train their soldiers, then yes.
The only difference between our terrorists and theirs is that ours wear uniforms and theirs are called "insurgents".
14669
« on: August 13, 2014, 06:24:24 AM »
In a capitalist system, yeah.
14670
« on: August 13, 2014, 06:22:27 AM »
Economics, easy.
Specifically monetary policy and financial regulations.
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