Ha. You lose.<quoted text>Until I see your law degree, my position is as valid as yours, dog breath.
Comments (Page 307)
Ha. You lose. |
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Again, your economics degree is from what school? |
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You must really like getting trickled on. You are a dirty boy like Josh Mandel, aren't you? Why you are researching economics, how about researching where wealth is being held and in what percentages? You should be able to do that with your economics degree. |
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Since: Apr 12
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Where's yours from, buttercup? Do you have a degree at all? |
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Since: Apr 12
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Judged: 1 1 1 My degree is in international relations. Anyone with common sense knows that Keynesian economics is a fatally flawed. Read some Hayek and learn. |
You are the one pretending to be a better economist that those at the CBO, not me. Put up or shut up. I guarantee I have more education that you. |
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Ha. Yeah, that qualifies you to argue with economists. Might as well be general studies, eh. You working at the U.N.? Aye carumba. You are selling chimichangas with that degree. |
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Since: Apr 12
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More isn't necessarily better, especially when considering the institution. I have a BA in International Relations. And I never questioned the CBO. You are doing what you always do...putting words in the mouths of others. I said that their revised tax estimates for businesses indicate that Obamacare will kill jobs. That is common sense. |
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Since: Apr 12
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You're an economist? Sure...I'm Fidel Castro. My degree has served me well since 1985. I've been with the same Fortune 500 company since 1990 and I work in technology transfer, mostly to Eastern Europe in recent years. Sorry, we don't deal in fast food. |
Here's some: Keynes asked his friend Piero Sraffa to respond publicly to Hayek's challenge; instead of formulating an alternative theory, Sraffa elaborated on the logical inconsistencies of Hayek's argument, especially concerning the effect of inflation-induced "forced savings" on the capital sector and about the definition of a "natural" interest rate in a growing economy.[78] Others who responded negatively to Hayek's work on the business cycle included John Hicks, Frank Knight, and Gunnar Myrdal.[79] Kaldor later wrote that Hayek's Prices and Production had produced "a remarkable crop of critics" and that the total number of pages in British and American journals dedicated to the resulting debate "could rarely have been equalled in the economic controversies of the past."[61] Hayek continued his research on monetary and capital theory, revising his theories of the relations between credit cycles and capital structure in Profits, Interest and Investment (1939) and The Pure Theory of Capital (1941), but his reputation as an economic theorist had by then fallen so much that those works were largely ignored, except for scathing critiques by Nicholas Kaldor.[61][80] Lionel Robbins himself, who had embraced the Austrian theory of the business cycle in The Great Depression (1934), later regretted having written that book and accepted many of the Keynesian counter-arguments.[81] Hayek never produced the book-length treatment of "the dynamics of capital" that he had promised in the Pure Theory of Capital. After 1941, he continued to publish works on the economics of information, political philosophy, the theory of law, and psychology, but seldom on macroeconomics. At the University of Chicago, Hayek was not part of the economics department and did not influence the rebirth of neoclassical theory which took place there (see Chicago school of economics). When, in 1974, he shared the Nobel Memorial Prize in Economics with Gunnar Myrdal, the latter complained about being paired with an "ideologue". Milton Friedman declared himself "an enormous admirer of Hayek, but not for his economics. I think Prices and Production is a very flawed book. I think his [Pure Theory of Capital] is unreadable. On the other hand, The Road to Serfdom is one of the great books of our time."[81] |
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Here's some more. Oh my. Asked about the liberal, non-democratic rule by a Chilean interviewer, Hayek is translated from German to Spanish to English as having said, "As long term institutions, I am totally against dictatorships. But a dictatorship may be a necessary system for a transitional period.[...] Personally I prefer a liberal dictator to democratic government lacking liberalism. My personal impression – and this is valid for South America – is that in Chile, for example, we will witness a transition from a dictatorial government to a liberal government."[83][84] |
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That's what you said. Not what they said. Show me the CBO job killing report. BA in International Relations equals manager at IHOP. |
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An outsourcer. Nice. |
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Since: Apr 12
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And he was right about Chile, wasn't he? BTW, you can at least cite Wikipedia as your source. Your "superior" education covered that, right? |
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Since: Aug 11
Location hidden |
it is especially flawed when you have disfunctional government like we have today with the Democrats & Republicans which the US is still based on Keynesian economics. Employment Act of 1946 which put the responsibility of economic stability squarely in the hands of the Federal Government which encouraged the federal government to pursue "maximum employment, production, and purchasing power" through cooperation with private enterprise. In 1978 the Employment Act of 1946 was amended by the Humphrey–Hawkins Full Employment Act in 1978 which the Act sought to formalize (and to expand Congress's role in) the economic policy process, as governed by the Federal Reserve and the President. Employment Act of 1946 http://en.wikipedia.org/wiki/Employment_Act_o... Reagan Was a Keynesian http://www.nytimes.com/2012/06/08/opinion/kru... |
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Since: Apr 12
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So, the rest of the world isn't allowed to buy industrial equipment from American companies? When we sell pharmaceutical tablet presses to Poland, we're not costing any American his job...we're keeping Americans who build the presses IN jobs. Where did you say you got that "superior" education? |
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Since: Apr 12
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You are putting words in my mouth again, Bruce. You know what I said and what it meant, so grow up. You have yet to tell me about your education. Let's hear it. |
Not hardly pops. You seeing my degree has not a thing to do with the invalidity of your position. Anyone with the slightest bit of knowledge could figure that out. woof |
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Since: Apr 12
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Krugman is a leftist tool. Reagan was a supply sider. Look up a man named David Stockman, who later turned on Reagan. |
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Since: Apr 12
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"Pops"? You'd better be under 25 if you're going to call me that. I don't know, Doggy...I seem to be burying your brother Ché. |
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