Avoid parenthetical insults—they just diminish your authority. Throughout the post, you're best points seem to be lost in a sea of self-aggrandizement and scattershot thinking
Imagine badecon not understanding how a black box works. The input is a button and the output is one person dying and you getting a lot of money, so the expect non-science understanding of econ majors is that it's a direct connection.
Why do libtards get so mad when commies rightfully point out economics is clearly a right wing field? Just because the entire West moved to the right on economic issues and you’re now centre left doesn’t mean economics is anything but a right wing field
The last 30 years don't really speak well for the 'field' of economics. It's basically the right-wing equivalent of gender studies--a field of fake science ideologically captured to a degree that renders what little value it once had moot.
I'm a Republican, but economics is 80% bunk, ideology with a very thin veneer of low-level math meant to make it seem a lot harder a science than it really is.
But literally, the moment policy types started listening to economists, most of the people in this country got considerably poorer
You don't understand, if we had allowed the people to keep their cash under the floorboards and didn't join a war to bolster the economy, then the cash under the boards would have grown into money trees and the ravages of war would not have made the land barren so as to slow the growth of the money trees. After that you simply give everyone a money tree sapling and implement communism.
Microeconomics is incredibly well understood and by far the most empirical of the 'soft' sciences.
Macro is dealing with incredibly complex systems, so of course accurate predictions are a lot harder. Do you believe meteorology is bunk because they often can't make correct predictions even for the next day?
Admittedly, a lot of economic policy in recent times has been driven mostly by ideology, but that's not the fault of economics.
low-level math
Yeah, no. I can't imagine you've ever bothered to look closer. Even undergrad micro books use a decent amount of calc, unless that constitutes 'low-level math' for you? But in that case it's more your perception that's skewed.
Nah, because you'd have to be pretty retarded to actually think that most people got poorer. Your argument was still garbage and deserved to be called out.
The situation ain't bad and even the peeps at the bottom didn't have their situation get worse, but the gdp paints a way rosier picture, to the point that it's basically straight up deception.
Income quantiles definitely don't paint the whole picture and lifetime income is a lot more suited for an accurate judgement.
However, if you just want to give someone a quick overview, I'd consider income limits to be the better choice, just because you can basically present it without any words.
It's okay from what I've seen. Not like I know much about economics though so I can't decipher why something is bad or good though they tend to give what I blindly believe to be solid reasoning each time they do.
Is it a good anticommie sub I assume? Hard to find those now a days. Some great subs, shitwehraboossay, have really gone down hill on being a procommie sub
Is it called badeconomics because everyone makes up shit? the guy lecturing everyone can't even explain pikettys theory in practical terms, R G means that if inflation is 2% interest rates are .5% and the value of your house is growing at 6% you are earning 4% in real terms.
Thank you. It's about time we recognized that the only difference between left and right is their differing attitudes towards cultural and social norms.
It's like people forget that Capital was fundamentally about policing problematic interpersonal behavior and laying out a framework for smashing the gender binary.
Damn, imagine being burned so hard by hardcore commies.
46 comments
1 SnapshillBot 2018-09-03
Avoid parenthetical insults—they just diminish your authority. Throughout the post, you're best points seem to be lost in a sea of self-aggrandizement and scattershot thinking
Snapshots:
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1 PhysicsIsMyMistress 2018-09-03
Imagine badecon not understanding how a black box works. The input is a button and the output is one person dying and you getting a lot of money, so the expect non-science understanding of econ majors is that it's a direct connection.
1 shut_up_frank 2018-09-03
Chapotards and imagineposting. Name a more iconic duo.
1 Assy-McGee 2018-09-03
peanut butter and jelly
1 xXradical_centristXx 2018-09-03
Tay and platypuses
1 odintal 2018-09-03
Chapotards and the inside of lockers.
1 the_popcorn_pisser 2018-09-03
lmao
1 reditsuxxxxxxxxx 2018-09-03
BASED
1 Fletch71011 2018-09-03
Your post history sure is interesting.
1 diggity_md 2018-09-03
imagineposters get the bullet too.
1 EasySchmitty 2018-09-03
OUT👉OUT👉OUT!👉
1 PhysicsIsMyMistress 2018-09-03
I'm literally a mod here
1 TheHeroReditDeserves 2018-09-03
OUT👉OUT👉OUT!👉
1 AnnoysTheGoys 2018-09-03
The only thing worse than libropedophiles & protectionists butchering economics is commies butchering economics.
1 captainpriapism 2018-09-03
they dont even get a chance to butcher or even mention economics, theyre too busy denying stuff
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1 reditsuxxxxxxxxx 2018-09-03
Why do libtards get so mad when commies rightfully point out economics is clearly a right wing field? Just because the entire West moved to the right on economic issues and you’re now centre left doesn’t mean economics is anything but a right wing field
1 tr1207 2018-09-03
can’t take down Hayek yet im on a juice cleanse
1 TherapyFortheRapy 2018-09-03
'won'
The last 30 years don't really speak well for the 'field' of economics. It's basically the right-wing equivalent of gender studies--a field of fake science ideologically captured to a degree that renders what little value it once had moot.
I'm a Republican, but economics is 80% bunk, ideology with a very thin veneer of low-level math meant to make it seem a lot harder a science than it really is.
But literally, the moment policy types started listening to economists, most of the people in this country got considerably poorer
1 throwawayact69 2018-09-03
Your comment is a good signal that you don't know what the fuck you're talking about and people shouldn't take you seriously
1 aX10mAt1CaL1Y 2018-09-03
Such as when they listened to economists and pulled our country out of the Great Depression?
1 michgot 2018-09-03
You don't understand, if we had allowed the people to keep their cash under the floorboards and didn't join a war to bolster the economy, then the cash under the boards would have grown into money trees and the ravages of war would not have made the land barren so as to slow the growth of the money trees. After that you simply give everyone a money tree sapling and implement communism.
1 LordAndSaviorHaskell 2018-09-03
Microeconomics is incredibly well understood and by far the most empirical of the 'soft' sciences. Macro is dealing with incredibly complex systems, so of course accurate predictions are a lot harder. Do you believe meteorology is bunk because they often can't make correct predictions even for the next day? Admittedly, a lot of economic policy in recent times has been driven mostly by ideology, but that's not the fault of economics.
Yeah, no. I can't imagine you've ever bothered to look closer. Even undergrad micro books use a decent amount of calc, unless that constitutes 'low-level math' for you? But in that case it's more your perception that's skewed.
1 zzzzz94 2018-09-03
Can you point out where the country started getting significantly poorer.
Also, I disagree with you that politicians actually listen to economists. The reason they don't is because idiots like you vote
1 LordAndSaviorHaskell 2018-09-03
Real gdp per capita does absolutely nothing to disprove his initial claim because it does nothing to indicate wealth/income disparity.
1 michgot 2018-09-03
Only poors care about disparity lmao
1 Alexlincoln2 2018-09-03
Median gdp per capita showcases average movement. Your point is moot
1 LordAndSaviorHaskell 2018-09-03
'median gdp per capita' doesn't exist you fucking retard. Do you even know how gdp is defined?
1 zzzzz94 2018-09-03
Ok, do you want to pount out the moment in the median income graph then?
https://fred.stlouisfed.org/series/MEPAINUSA672N
1 LordAndSaviorHaskell 2018-09-03
Nah, because you'd have to be pretty retarded to actually think that most people got poorer. Your argument was still garbage and deserved to be called out.
And while Median income is a lot better, quantiles are the way to go for this situation. beware: not adjusted for the increasing number of households.
The situation ain't bad and even the peeps at the bottom didn't have their situation get worse, but the gdp paints a way rosier picture, to the point that it's basically straight up deception.
1 adjason 2018-09-03
Isn't lifetime incomes a better metric here, since movement between quintiles is not captured in quintiles stats?
Eg students are poor but they're not poor forever
1 LordAndSaviorHaskell 2018-09-03
Income quantiles definitely don't paint the whole picture and lifetime income is a lot more suited for an accurate judgement.
However, if you just want to give someone a quick overview, I'd consider income limits to be the better choice, just because you can basically present it without any words.
1 TrannyPornO 2018-09-03
AIC has gone up too.
1 LordAndSaviorHaskell 2018-09-03
I'm not sure what your point is? Consumption per capita has the exact same problem.
1 AnnoysTheGoys 2018-09-03
🐎👞 strikes again!
Imagine agreeing with tankies! 😂😂😂😂😂😂
1 wiking85 2018-09-03
Won or just colonized?
1 polzavatel 2018-09-03
the problem with this is that you assume neocons/republitards are actually right-wing and not just self-interested opportunists
1 AnnoysTheGoys 2018-09-03
I'm honestly impressed with how retarded your post is. Marxism is ltrly economic theory. It's not a good one, as you pointed out.
1 tr1207 2018-09-03
there’s actually some good pikkety discussion in that thread is badecon a good sub bc badphilosphy isn’t
1 BackMusclesGetMeHard 2018-09-03
It's okay from what I've seen. Not like I know much about economics though so I can't decipher why something is bad or good though they tend to give what I blindly believe to be solid reasoning each time they do.
1 aX10mAt1CaL1Y 2018-09-03
They spawned r/neoliberal. Take that as you will.
1 BackMusclesGetMeHard 2018-09-03
I haven't seen that sub show up in discussion for a while
1 ElegantConvictionAdv 2018-09-03
Centrists > Pedo Liberals (Liberitarians for you Amerifats) > Natzees > Tankies
1 AnnoysTheGoys 2018-09-03
The first month was great, then it grew too big too fast and got ruined.
1 cheeZetoastee 2018-09-03
It's the best bad sub at this point. Some actual economists post there.
As opposed to BP, which is just commies reeeeeing about how it will work this time.
1 Harbinger147 2018-09-03
Is it a good anticommie sub I assume? Hard to find those now a days. Some great subs, shitwehraboossay, have really gone down hill on being a procommie sub
1 cheeZetoastee 2018-09-03
A lot of the users know Economics, but it's not explicitly anti-commie but you wont find any commies there
1 adjason 2018-09-03
They did ban louieanderson
1 somegurk 2018-09-03
It's not bad, signal to noise can be too low and if you are there a lot things can get kind of repetitive.
1 Joeybada33 2018-09-03
Is it called badeconomics because everyone makes up shit? the guy lecturing everyone can't even explain pikettys theory in practical terms, R G means that if inflation is 2% interest rates are .5% and the value of your house is growing at 6% you are earning 4% in real terms.
1 llihsazzip 2018-09-03
Damn, imagine being burned so hard by hardcore commies.