BadEconomics Discussion Thread, 19 September 2015

laboreconomist3 · 2時間前

I think /r/europe has taken the prize as my least favorite sub. Sure the anti-trade rhetoric is bad but at least no one is dying from it. The whole let me quote a couple of uncontextualizd lines from Borjas to justify my xenophobia of people fleeing war torn areas is legitimately infuriating. People are actually dying because you and the demagogues you elect refuse to accept that the belief that migration might marginally lower your standard of living is as baseless as it is callous.

urnbabyurn · 3時間前

Fuck y'all, I'm first. New sticky will now come out about every 48 hours.

complexsystems · 3時間前

Sticky hyperinflation is here to stay. Clearly Yellen needs to raise interest rates to curb it.

Baratheon_Economist · 3時間前

Thoughts on Bernie in this clip?

Also: Who's your favourite for the GOP nomination? I ask about the Republicans because the Democratic race just seems dead in the water, at the moment.

511neverforget · 2時間前

What are the economic implications of the mass immigration in Europe right now? There are so many arguments on both sides of the issue so most discussions tend to get dumb fast, but im curious to what you guys have to say about it.

MattStalfs · 2時間前

So I had this idea for an undergraduate thesis and I was wondering if I could get some feedback on this idea, see if you guys found it interesting.

I'm wondering if there are certain situations where going to community college for two years and then transfering to university would actually cost more money in the long run. My prax goes like this:

Universities open up students to more connections in industry or acedmia.
If one wants to go into academia or an industry that weighs recommendations from professors or other insiders typically not found in community college but often found in university, then the connections found at university are invaluable.
In a situation such as the described, though the upfront cost is higher, it may be more beneficial in the long run to go to university because of the networking options provided.

Thoughts?

EveRommel · 2時間前

Ok I know this isn't economics but i need to vent.

I'm getting really freaking tired of all the jackass nuclear supporters on either side who say its such a great thing, it will get us off foriegn oil, its cheaper than X, its got no down sides!

First oil and nuclear power have almost nothing to do with each other and in no way shape or form effect the price of each other. Unless they are going to start making toyta corollas nuclear powered they will have nothing to do with the amount of oil we do or don't import.

Second if it was that freaking cheap economically people would be pumping out these facilities everywhere. Theres a problem they have massive build costs and thier operations costs grow more and more especially when you acocunt for security and waste disposal and final decommisioning. These things go over budget during construction constantly and run behind schedule more often than not.

They do have a great safety record but they have scared the living crap out of so many people that no one wants one anywhere near them, this makes it almost impossible to build any new reactors.

Rant over

commentsrus · 1時間前

DAE COLONEL FEEL THE BERN SANDERS IS THE BAD ECONOMIX??!!

commentsrus · 2時間前

I'm on track with the coursework, but is there anything else I should be doing in my 1st year as an econ PhD?

I couldn't get an RA or TA position this Fall. I'm meeting veteran students, faculty, etc. slowly but surely. I've met my entire cohort and we're all friends and whathaveyou. Am I missing something? I feel like I'm missing something.

Also, is it possible to get a TA position next semester if I didn't have one now?

ocamlmycaml · 2時間前

I have to learn options for work. Anybody have good references on textbooks or papers to read? I know what put call parity is and that's about it.

EveRommel · 1時間前

Since states don't print thier own currency is it required for them to have balanced budgets or minor budget deficits vs the federal level where large deficits should be avoided but can be absorbed due to the ability to control thier own currency?

Babahoyo · 2時間前

Undergrads: What class are you most excited about this semester?

mine is international development. I think we are going to start to get into the nitty gritty of how hard it is to measure anything or know anything.

MichaelExe · 33分前

It's been discussed before (e.g. here and here, but the papers seem a bit older), but were NAFTA and free trade with China bad for the US?

http://www.huffingtonpost.com/2011/05/12/nafta-job-loss-trade-deficit-epi_n_859983.html

(the paper: http://epi.3cdn.net/fdade52b876e04793b_7fm6ivz2y.pdf)

http://www.epi.org/publication/counting_the_jobs_lost_to_china/

http://www.epi.org/publication/china-trade-outsourcing-and-jobs/

Obviously EPI has its affiliations, but are these studies missing something?

Products, particularly vehicle parts, electronics and computer parts, have been made cheaper by free trade. This must have benefited tech companies, but with outsourcing (even software development jobs), was it worth it for Americans overall? If there were better social safety nets in the US, would a net gain be more obvious? I.e. is it just a matter of redistribution?

psyconautics · 1時間前

Is there one aspect of sanders platform that is good economics? Sanders supporters are making me Want to vomit

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