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Constitution Class - Happy 4th of July (pg. 29)
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| DOOMBOT |
| quote: | Originally posted by Lira
Why did my post and Doombot's get deleted? He was just saying he wanted to visit Brazil and I welcomed him :conf: |
No, I deleted it.
Very much looking forward to it! Too bad it won't be warm enough to go to the beach just yet but the weather will still be very nice I'm sure. |
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| Lira |
| quote: | Originally posted by DOOMBOT
No, I deleted it.
Very much looking forward to it! Too bad it won't be warm enough to go to the beach just yet but the weather will still be very nice I'm sure. |
It depends quite a lot on where you're planning to go. In the North-east it should be warm all year round... |
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| Comrade Stalin |
| I went to the Sao Paulo beach in the middle of July just fine! |
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| Lira |
| quote: | Originally posted by Comrade Stalin
I went to the Sao Paulo beach in the middle of July just fine! |
Where in São Paulo did you go to? |
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| occrider |
| quote: | Originally posted by DOOMBOT
I'm always up for a debate. Of course, occrider himself would have to be interested. If he would want to do something more formal, I suppose this really isn't the place. Any suggestions? |
I'm always up for a healthy debate although to be honest I don't even know what we're debating. The monetary exchange equation? The gold standard? Keynesian economics? The Austrian School? I'm quite familiar with the Austrian school btw and it might surprise you that I generally adopt a laissez faire mentality about most issues. However I am a monetarist so I'm obviously an advocate of monetary policy management and 99 times out of 100 I find fiscal policies to be too ineffective due to recognition lag, decision lag, implementation lag, and impact lag to be a viable tool for national economics management, so that hardly makes me a Keynesian.
That being said, that one time in a hundred markets behave too irrationally to function in such a way to maximize pareto efficiency, keynesian fiscal policy is required ... sort of similar as to how the standard model in physics works beautifully in all situations except when you get down to the quantum level. It's something I would think Austrian School economists would find appealing considering their viewpoints on Praxeology. At any rate I would classify those situations as market externalities and I could be wrong but I don't even think that Austrian SChool economists doubt that market externalities exist that require government intervention.
In other words, no I don't want a formal discussion or debate about grand ideology. We can talk about specific issues as they arise as opposed to having a keynes, friedman, mises battle royale to settle the issue of economics once and for all. It would seem like an enjoyable challenge but frankly I don't have time for that. |
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| Comrade Stalin |
| :stongue: awesome |
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| Lira |
| quote: | Originally posted by occrider
Austrian School |
What do you think of Hayek? I read his "Road to Serfdom" but I wouldn't ever dream of making a sound judgement about the book, as I know next to nothing on this matter. |
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| iTranscendence |
| quote: | Originally posted by occrider
Elaborate please. This should be entertaining :). |
Self-preservation is the most basic human instinct. even if you had a shred of cognitive dissonance about this, I highly doubt you would ever voice it in open forum.
Are you part of some conspiracy as the trolls at the table would intimate, no. You are just a guy who spent a lot of money to go to school to learn an economic world view that is based on fraud and deception, and that fraud and deception now pays your bills.
So even under the best circumstances of discourse we would just agree to disagree about it. But this is the of TA, filled with ing idiots, who harangue endlessly if anyone doesn't ascribe to their ty collectivist ideals.
tl;dr, Meaningful debate on TA = colossal waste of time, and I'd much rather just stir the tepid pot that is the CoR from time to time for my own personal amusement. |
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| st3nc |
if you dont know the nuumber and the summary of each ammendment, you shouldnt really post in this thread, and i dont even know that
im still posting this |
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| Comrade Stalin |
| quote: | Originally posted by iTranscendence
Self-preservation is the most basic human instinct. even if you had a shred of cognitive dissonance about this, I highly doubt you would ever voice it in open forum.
Are you part of some conspiracy as the trolls at the table would intimate, no. You are just a guy who spent a lot of money to go to school to learn an economic world view that is based on fraud and deception, and that fraud and deception now pays your bills.
So even under the best circumstances of discourse we would just agree to disagree about it. But this is the of TA, filled with ing idiots, who harangue endlessly if anyone doesn't ascribe to their ty collectivist ideals.
tl;dr, Meaningful debate on TA = colossal waste of time, and I'd much rather just stir the tepid pot that is the CoR from time to time for my own personal amusement. |
Hey, we're the "sheeple", and you're the enlightened one. Right? What possible debate can come out of that? |
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| DOOMBOT |
| quote: | Originally posted by occrider
I'm always up for a healthy debate although to be honest I don't even know what we're debating. The monetary exchange equation? The gold standard? Keynesian economics? The Austrian School? I'm quite familiar with the Austrian school btw and it might surprise you that I generally adopt a laissez faire mentality about most issues. However I am a monetarist so I'm obviously an advocate of monetary policy management and 99 times out of 100 I find fiscal policies to be too ineffective due to recognition lag, decision lag, implementation lag, and impact lag to be a viable tool for national economics management, so that hardly makes me a Keynesian.
That being said, that one time in a hundred markets behave too irrationally to function in such a way to maximize pareto efficiency, keynesian fiscal policy is required ... sort of similar as to how the standard model in physics works beautifully in all situations except when you get down to the quantum level. It's something I would think Austrian School economists would find appealing considering their viewpoints on Praxeology. At any rate I would classify those situations as market externalities and I could be wrong but I don't even think that Austrian SChool economists doubt that market externalities exist that require government intervention.
In other words, no I don't want a formal discussion or debate about grand ideology. We can talk about specific issues as they arise as opposed to having a keynes, friedman, mises battle royale to settle the issue of economics once and for all. It would seem like an enjoyable challenge but frankly I don't have time for that. |
The debate took many twists and turns, that's for sure. I was hoping you would want to talk about some things on a one on one basis, just for that reason. Helps keep the discussion on just a couple of topics. But I understand if you don't have the time.
When it comes to externalities and the Austrian position, I'm not exactly sure where it stands. I'm not so much concerned with that though, other then doing the research and then taking a position on it myself after I feel like I have enough grasp on the idea. This wouldn't be the first time it has popped up in an economic discussion I have participated in so maybe it will be something I spend some more time on in the future.
I'm sure we will cross paths again here so I look forward to some more thought provoking discussions and maybe we'll be able to settle into something where we spend less time criticizing and instead learn a thing or two from some of the different positions that we hold on these topics. |
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| Comrade Stalin |
I'll pose a question to both of you.
Federal Reserve. Good or bad? Why shouldn't we go back to a time when there was no central bank? |
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