全 30 件のコメント

[–]xorchidsExpert at economics I know what bitcoins are 6ポイント7ポイント  (0子コメント)

Good bye dear leader, see you tomorrow just as frequently

[–]devinejohSecretary of the Bitcoin Treasury 5ポイント6ポイント  (4子コメント)

Writ has dropped, 11 week federal election campaign, I am not looking forward to it. Frankly I'm just not ready.

Also, Canadians of /r/badeconomics, where do you see this election going? Does anyone actually care?

[–]irwin08Milton Friedman predicted Bitcoin 3ポイント4ポイント  (0子コメント)

I'm just not ready.

lol

where do you see this election going? Does anyone actually care?

The Conservatives are probably going to win this one, the Liberals are a joke right now and the NDP is the NDP. Although I doubt it will be a majority.

[–]___OccamsChainsaw___I love endogenous expectations. They're so bad. 2ポイント3ポイント  (0子コメント)

Crap shoot at this point. If I had to make a bet it'd be Tory minority w/ NDP opposition, but it could easily go any which way. The NDP won in Alberta this year ffs.

[–]NewmanTheScofflawRA for Ethan Hunt 2ポイント3ポイント  (0子コメント)

I am trying to care but something about electoral politics is incredibly boring.

Probably going to be a CPC minority with NDP opposition or the other way around. That seems to be the new normal.

On a side note. I preferred a CPC and Liberal Party balance policy-wise, NDP should be relegated to being a fringe party.

[–]bswervyCollective Ecological Communist 1ポイント2ポイント  (0子コメント)

Most polls point toward a CPC minority with the NDP in opposition.

[–]irwin08Milton Friedman predicted Bitcoin 4ポイント5ポイント  (1子コメント)

Increasing the supply of stickies is good economics, I think.

Hyperstickflation is coming!

[–]complexsystemsMWG is my homeboy 2ポイント3ポイント  (0子コメント)

It's been here for a while now, we just didn't realize we went from a fixed-sticky a week regime to a constant inflation of sticky regime until it was too late. Wumbo is a secretly a lizard sticky-monetarist, and has tuned the auto-mod to have a constant rate of inflation on the number of stickies a week.

[–]CatFortune 0ポイント1ポイント  (4子コメント)

There’s a biology professor at my alma matter, Paul Bingham, who teaches a course on a theory of his that is meant to explain “human uniqueness.” It doesn’t have anything direct to do with economics, other than an intersection on studying human behavior, but it has captivated many young minds at the university, including my own, and I’m curious what this group of people think about how it explains behavior. I’ve since given into to my gnawing suspicion that it’s a BS theory, but I am still intrigued by it.

It’s called the coalitional enforcement hypothesis, and it is explained here. Looking at it briefly, I suspect it will be received as, at best, an entertaining read.

If you want a TL;DR, basically uniquely human levels of cooperation arose from the evolution of the ability to throw with such skill as to kill conspecifics from a distance with a diminished cost. This created the ability for a group of humans to cooperate more efficiently vis-a-vis the capacity to enforce that cooperation by killing freeloaders and antagonists (by throwing shit at them until they died). So with the ability to cooperate and its beneficial effects on human survival, humans began evolving the traits we see today (e.g., intelligence, language, human morality, etc.), as they are favorable for cooperation. The theory goes on to explain that human history can be broken down into steps of escalating scale of human distance killing and likewise escalating scale of human cooperation.

That might not be the best TL;DR; I was registered for the course, but dropped out due to a hospitalization, and only sat in on the class after I graduated. Still, I can try to discuss what I remember if you’re too lazy to read the link.

[–]StevenMulraneyChoice Architecture = 1984 0ポイント1ポイント  (0子コメント)

I'll (hopefully) read it later, and come back. Setting a reminder now.

[–]UltSomnia 0ポイント1ポイント  (2子コメント)

So I just saw that my Dunkin Donuts was fair trade. The consensus is this does nothing right? Well, not counting what it does for DD marketing, at least.

[–]___OccamsChainsaw___I love endogenous expectations. They're so bad. 1ポイント2ポイント  (0子コメント)

Pretty much. The cost of certification eats up any potential benefits to the growers and then some, and what benefits that do exist are realized only by growers who are already comparatively well off. Not to mention that the quality of the beans is usually shit.

Much better is direct trade, where the roaster develops specific relationships with singular growers at a higher price, which is good for the grower (I'm not sure how much better though). Single-source coffee is also of such a higher quality than the trash most people usually get that I can't even put it into words.

[–]xorchidsExpert at economics I know what bitcoins are -3ポイント-2ポイント  (0子コメント)

Be right back, let me take off my capitalist sunglasses and put on my hipster ones. You know, I think I broke my hipster ones I'm going to go get a new pair from Walmart

Just another day, another dollar for Americans to feel like they're doing good in the world

[–]strayadvice 0ポイント1ポイント  (0子コメント)

On Krugman's "A country is not a Company", I'm not sure I completely understand what he's saying. Copying my comment from elsewhere:

I'm still debated about it. The central assumption to his entire article is that countries are closed systems but companies are open. Of course, I'm sure he'd agree about varying degrees of openness and closeness, and that countries are more closed while companies are more open. Otherwise, there has to be a transition point somewhere between the two scales where the laws change like a singularity.

However, I feel he ignores, at least in the article, transient effects that would occur in trade. If one considers trade is transient, that could change all the arguments he makes about accounting. For example, he talks about capital inflows resulting in trade deficits, but does that happen coincidentally or is there a lag? Once you consider there might be lags, does the argument still hold?

One of the commenters had an interesting question, does the closed-ness of a country still hold in a globalized world? Why is a country closed but a state/city open? Why does the same argument not apply to the comparison between the world and a country?

[–]prillin101 1ポイント2ポイント  (0子コメント)

Question time!

What would your ideal healthcare system be?

[–]NewmanTheScofflawRA for Ethan Hunt 0ポイント1ポイント  (6子コメント)

Just a quick survey, what was your heaviest course load ever ( in terms of difficulty) in one semester of college.

Mine was Linear Algebra, Analytical Statistics, Calculus III, History of Ancient Israel. I thought the history class would be easy but it was the hardest and I though Linear Algebra would be hard but it was the easiest. I will probably spread out my core requirements along side elective and major courses to avoid unnecessary stress, a side affect of a bias for "over working" from high school.

[–]_Rory_T.K. Whitaker's Ghost 0ポイント1ポイント  (2子コメント)

What degree are you doing?

[–]NewmanTheScofflawRA for Ethan Hunt 0ポイント1ポイント  (1子コメント)

B.A Econ & Math

[–]_Rory_T.K. Whitaker's Ghost 0ポイント1ポイント  (0子コメント)

Cool.

[–]alexhoyerhoard plywood now for our ANCAP overlords 0ポイント1ポイント  (0子コメント)

Urban Economics, Labor Econ, Industrial Organization, Linear Algebra, Topics in Growth and Development (growth econ seminar), African Politics. I was playing catch up on the econ major after studying abroad.

[–]___OccamsChainsaw___I love endogenous expectations. They're so bad. 0ポイント1ポイント  (1子コメント)

My final semester I took Econometrics II, Empirical Energy Economics, Mathematical Econ II, World Oil Economics, and Experimental Economics. I almost died, literally.

[–]NewmanTheScofflawRA for Ethan Hunt 0ポイント1ポイント  (0子コメント)

That sounds terrible. I think I am the only person who goes to a 4 courses per semester school. I would die with that course load.

[–]NewmanTheScofflawRA for Ethan Hunt 0ポイント1ポイント  (2子コメント)

Anyone use Microeconomic Theory by Nicholson. It'll be my intermediate text next semester.

[–]alexhoyerhoard plywood now for our ANCAP overlords 1ポイント2ポイント  (0子コメント)

I used it a bit, I certainly liked it better than Varian (whom I hate).

[–]Babahoyo 1ポイント2ポイント  (0子コメント)

It's pretty good. I thought it was pretty dry and some of the examples seemed to go on and on, but I guess that's just econ getting mathy.

[–]colacoca 0ポイント1ポイント  (1子コメント)

Just ran into this and, while I haven't read the whole thing, the economics section describes market failure very well.

[–]prillin101 0ポイント1ポイント  (0子コメント)

Thanks for the resource :)