3
4

BadEconomics Discussion Thread, 04 September 2015 (self.badeconomics)

AutoModerator[M] が 投稿 - stickied post

Welcome to the automated Discussion Thread for the End-o-week.

Chat about any bad (or good) economic events. Remember to use the NP posts and whatnot.

全 7 件のコメント
並べ替え:
ベスト
トップ新着論争中古い順Q&A

[–]messenakAcademic Imperator 2ポイント3ポイント  (0子コメント)

Remember to support either TheFederalReserve or PraxAcceptance in my contest to determine the dankest Econ subreddit. Literally multiple page views hang in the balance.

[–]usrname42There is no God but Keynes, and Krugman is his prophet 1ポイント2ポイント  (0子コメント)

HealthcareEconomist3 irl

(NSFW language)

[–]When_Doves_Cry 1ポイント2ポイント  (1子コメント)

Why do wealthy countries produce most of the world's capital goods, while less wealthy countries produce consumer goods? Why do industrialising countries move from producing consumer goods to capital goods as they develop?

[–]shunt31 0ポイント1ポイント  (0子コメント)

Because consumer goods are more labour intensive, and capital goods are more capital intensive? That sounds a bit silly to write out, but I think that is the reason. Less developed countries have lower wages than more developed ones, and so are better suited to producing goods that need more labour input then capital input. As the country develops, their productivity increases, so their wage increases (don't shoot me, everyone else!), so they produce less labour intensive goods.

This is a good article about it. It's not entirely relevant, but it should make the same points I hope.

[–]FatBabyGiraffeWhat do you want it to be? 1ポイント2ポイント  (0子コメント)

I convinced my girlfriend to be an Econ major. I asked her if she thought eventually jobs would be automated away. She said yes but she was taught no. I asked how long she has been a horse. It did not end well.

There is hope for her.

[–]timpattinson 0ポイント1ポイント  (0子コメント)

What evidence is there that QE actually changed the structure of the US economy (or in other places QE has been used)?

It's a statement i keep seeing in different places, but is there any credibility to it?

[–]shunt31 0ポイント1ポイント  (0子コメント)

I know lots of people here say that much of what Naomi Klein and friends think about the economy is wrong, and rightly so, but there is a reason why they think what they do. I wrote a post about it recently (in the FTWD subreddit, strangely). Take a look.

Climate change is going to be really bad, and the only plausible way to stop it is to degrow, pretty much.
I think I saw a climate economist about here somewhere, so they'll probably jump in and destroy what I wrote.