全 6 件のコメント

[–]shunt31 3ポイント4ポイント  (0子コメント)

I'm starting to get a bit annoyed reading what people think about anything tangentially related to economics, and I don't even know that much. The constant spiel of "Immigrants will take your jobs!", "Immigrants are driving up house prices!", "Immigrants are reducing school places and congesting the roads!" is beginning to infect the posters on /r/unitedkingdom. It seems like /r/Europe is going the same way, with the "Immigrants throw rocks at Swedish police!" story that happens to come from a site that says Muslims are rising up, taking over Sweden, and eating Swedish people..

Even things I supported before reading a bit here I know are wrong now, like tax credits being support for companies to pay their employees lower wages (like the EITC in the US) and a higher minimum wage being a good thing. The UK government is increasing the minimum wage to ~$15 an hour in 2020, up from $10 now - at least for people over 25. The problem isn't that you're not being paid enough by your greedy employer to live on, it's that your labour isn't worth enough to cover your cost of living.

I feel your pain, axtually-knowledgeable people on this subreddit. Too bad there is zero teaching of economics in school. Imagine if people voted while not knowing any geography.

[–]Nottabird_Nottaplane 0ポイント1ポイント  (0子コメント)

Is he/she/it right on the topic of minimum wage?

[–]Aqwis 0ポイント1ポイント  (1子コメント)

A common theme in /r/Europe discussions about the transition from communist to capitalist economic systems in Eastern Europe is that important national industry/other businesses in the transitioning countries were "stolen" from them by foreigners/foreign countries (particularly Germany), and that this negatively impacted the economies of said countries.

Is it true that it would in fact be better for these formerly communist countries if ownership of previously government-owned industry/businesses were still in the hands of locals (or even not privatized at all), or is this bad economics?

(Another unrelated question if anyone wants to bother: How much of an economic advantage does having famous, top-ranked universities give a country? Germany has very few or no universities that appear near the top of international university rankings, while the UK has many. Does this give the UK a real economic advantage compared to Germany? If so, where does the greatest effect come from: from the mere fact that those universities gain prestige from appearing near the top of highly rankings, which helps them attract the very brightest foreign students, or from actual differences in the quality of top UK universities vs top German universities, which makes UK graduates more skilled at their jobs?)

[–]CutlasssI am the Lord your Gold 0ポイント1ポイント  (0子コメント)

IMHO the former Soviet Block countries would have done better to take all their industries and give them to the people who worked there. Let them either run the places or sell them. As it is, especially in Russia, the local kleptocrats got most of the benefits of privatizing them. And that hasn't been good for those nations.

[–]UltSomnia 0ポイント1ポイント  (1子コメント)

Is real analysis actually used in economics? I feel like this class will kill me.

[–]somegurkWhy doesn't modern medicine use more leaches? 0ポイント1ポイント  (0子コメント)

Not from the U.S. so never did that subject as a stand alone, looking at the wikipedia page though yeh you will see bits of it crop mainly in micro from my experience. The nuts and bolts of how you create indifference curves and a unique utility value for each curve.