全 16 件のコメント

[–]kznlolIterated Deletion of Known Things 1ポイント2ポイント  (0子コメント)

Recommendations for a grad/advanced undergrad level econometrics textbook that explains shit in words instead of instantly going to math all the time, and preferably has solutions to all practice problems available?

I have been told Hayashi, but I suspect I would benefit from something below that level first.

[–]laboreconomist3favorite words: labor, unemployment, trade 2ポイント3ポイント  (2子コメント)

Who's ready for the Bern v. Hilldawg v. Martie Master Debater v. LIEberman Lite v. Schrodinger's Democrat fight of the century tomorrow? Does anyone have a BE discussion/irc group like last debate?

[–]wumbotarianKeynesian-on-a-cob 0ポイント1ポイント  (0子コメント)

kiwi irc #badeconomics

I'm there now and will be for like an hour and a half if y'all wanna join

[–]CatFortuneにゃんぱす! | Only understands simple explanations 1ポイント2ポイント  (0子コメント)

I'm gonna sit in my hotel and miss time with my family we're visiting so I can chill in the chat with you guys!

Nah not really, I'm doing it so I can beer it up and have fun watching the debate. The chat is just one of them there "positive externalities" you folk talk of.

[–]bdubs91Maestro Today and Maestro Forever 2ポイント3ポイント  (2子コメント)

Link about Ben Bernanke not being a republican anymore.

[–]Shiloh86I didn't choose the Krug life, the Krug life chose me 0ポイント1ポイント  (0子コメント)

It bothers me to no end as a moderate Republican to see the far right doing so well and repelling all of the sane people away.

[–]laboreconomist3favorite words: labor, unemployment, trade 2ポイント3ポイント  (0子コメント)

I.Ben Bernake not being a republican

II. The Fed uses inflation to wage war on the currency

III. Ben is short for Benedict Arnold

Conclusion: the Fed and its Jewish overlords are trying to sell the United States back to the Queen.

Policy Recommendations: Switch to Bitcoin before it's too late.

[–]say_wot_againThe one true Noah Smith 1ポイント2ポイント  (3子コメント)

Did anyone see that Nobel coming? Did the committee see the hype that Card, Romer, Barro, and Bernanke were generating and decide "Nah, fuck that"?

[–]bdubs91Maestro Today and Maestro Forever 0ポイント1ポイント  (0子コメント)

I think someone here actually guessed Deaton. I think I commented on it earlier today or yesterday.

[–]LordBufo 0ポイント1ポイント  (1子コメント)

Probably? I don't think they like controversial political topics that much...

[–]wumbotarianKeynesian-on-a-cob 0ポイント1ポイント  (0子コメント)

Shiller/Fama got pretty political

[–]CatFortuneにゃんぱす! | Only understands simple explanations 3ポイント4ポイント  (3子コメント)

People seemed to have fun with the Political Compass questions the other day, or at least I did. So I’m going to do one with ISideWith. I’ll try to ask fewer questions this time to be less of a space hog.

  • Should a business, based on religious beliefs, be able to deny service to a customer?

  • Should the government require health insurance companies to provide free birth control?

  • Should the federal government continue to give tax credits and subsidies to the wind power industry? 

  • Should employers be required to pay men and women, who perform the same work, the same salary?

  • Should the government make cuts to public spending in order to reduce the national debt?

  • Should Wall Street executives be criminally charged for their roles in the 2008 subprime mortgage crisis?

  • Do you believe labor unions help or hurt the economy?

  • Should the government increase the tax rate on profits earned from the sale of stocks, bonds, and real estate?

  • Should pension plans for federal, state and local government workers be transitioned into private plans?

  • Would you favor an increased sales tax in order to reduce property taxes?

  • Should internet service providers be allowed to prioritize traffic for websites that pay higher rates than their competitors?

  • Do you support affirmative action programs?

  • Should the government decrease military spending?

  • Would you support increasing taxes on the rich in order to reduce interest rates for student loans? 

  • Should illegal immigrants be given access to government-subsidized healthcare?

  • Should illegal immigrants be offered in-state tuition rates at public colleges within their residing state?

  • Should the government fund space travel? So that turned out to be a lot of questions. Oh well! Answer away. Don’t feel like you have to answer all of them, I guess.

[–]LordBufo 0ポイント1ポイント  (0子コメント)

  • Should a business, based on religious beliefs, be able to deny service to a customer?

No. Discrimination is bad, mkay?

  • Should the government require health insurance companies to provide free birth control?

Yes. Individuals should make their own moral decisions and legislation shouldn't force it upon others.

  • Should the federal government continue to give tax credits and subsidies to the wind power industry?

Second best policy compared to pricing carbon correctly and funding basic energy research.

  • Should employers be required to pay men and women, who perform the same work, the same salary?

Gender wage gap should be tackled, but I'm not sure how you'd enforce this and prevent lawyers from abusing it for frivolous suits. Manditory paternity leave might be a better place to start.

  • Should the government make cuts to public spending in order to reduce the national debt?

No.

  • Should Wall Street executives be criminally charged for their roles in the 2008 subprime mortgage crisis?

Ask Bernanke not me heh.

  • Do you believe labor unions help or hurt the economy?

Depends. If there is a lot of monopsony power that the government can't reign in they help.

  • Should the government increase the tax rate on profits earned from the sale of stocks, bonds, and real estate?

Second best policy compared to a single dip income or consumption tax that shifts the burden way more onto the wealthy.

  • Should pension plans for federal, state and local government workers be transitioned into private plans?

Seems tangental to the problem of paying for them.

  • Would you favor an increased sales tax in order to reduce property taxes?

Hell no. LVT would be better than property tax though.

  • Should internet service providers be allowed to prioritize traffic for websites that pay higher rates than their competitors?

No.

  • Do you support affirmative action programs?

Yes conditional on the affirmative action being explicitly targeting disadvantaged groups and produces measurable improvements (e.g. Indian village councils and a quota of women members as described in Poor Economics).

  • Should the government decrease military spending?

Perhaps. Efficiency of spending seems more of an issue than overall amount.

  • Would you support increasing taxes on the rich in order to reduce interest rates for student loans?

Hell yes.

  • Should illegal immigrants be given access to government-subsidized healthcare?

Second best policy to giving everyone government provided free insurance and legalizing all immigrants.

  • Should illegal immigrants be offered in-state tuition rates at public colleges within their residing state?

Should be evaluated on same criteria as everyone else in terms of residency requirements.

  • Should the government fund space travel?

Yes.

[–]Shiloh86I didn't choose the Krug life, the Krug life chose me 0ポイント1ポイント  (0子コメント)

I got 76% Marco Rubio, 73% Jeb Bush, and 72% Rand Paul on isidewith. But I'd never vote for Rand Paul, because he's an Austrian, and isidewith claimed that I was aligned with Marco Rubio on the environment, and I wasn't upon further examination.

Should a business, based on religious beliefs, be able to deny service to a customer?

I'm going to go with yes. I have very mixed feelings about it, because I hate discrimination, but I think business owners should be allowed to decide who they sell to. Unless discrimination would be very widespread and common without laws preventing it, I'm generally anti-these types of laws.

Should the government require health insurance companies to provide free birth control?

No. IIRC, health insurance companies don't ever make exorbitant profits with high mark-ups, and I don't see why a mandate of this kind is necessary.

Should the federal government continue to give tax credits and subsidies to the wind power industry?

No. The environment is important, but subsidies of clean energy are the worst way to protect it.

Should employers be required to pay men and women, who perform the same work, the same salary?

No, I don't really think so. There are lots of factors that go into salary, I'm pretty sure.

Should the government make cuts to public spending in order to reduce the national debt?

Yes, and raise certain taxes (and lower others, and create some new ones).

Should Wall Street executives be criminally charged for their roles in the 2008 subprime mortgage crisis?

Well did they break the law?

Do you believe labor unions help or hurt the economy?

They help sometimes, but public sector unions are pretty bad. I'd be less opposed to them if they didn't run "think of the children"-type ads all the time for really dumb selfish causes, and I'd also be less opposed to them if they couldn't finance political campaigns.

Should the government increase the tax rate on profits earned from the sale of stocks, bonds, and real estate?

No this woud take away my gud liquidity (thank mr bernanke)

Should pension plans for federal, state and local government workers be transitioned into private plans?

If it would save money and not do more harm than good, yes.

Would you favor an increased sales tax in order to reduce property taxes?

Maybe? I'd need to learn more about the property and sales taxes.

Should internet service providers be allowed to prioritize traffic for websites that pay higher rates than their competitors?

OpposeNetNeutralityWithReddit

Do you support affirmative action programs?

Not really, the Economist had a really good article that implied lots of criticism of affirmative action.

Should the government decrease military spending?

No, we need to have a strong military, the defense budget should stay where it is.

Would you support increasing taxes on the rich in order to reduce interest rates for student loans?

No, I would support increasing taxes on the rich, but I want the US to transition to equity-based financing of higher education.

Should illegal immigrants be given access to government-subsidized healthcare?

No, giving non-US citizens too much aid could lead to serious problems- I like immigration, though.

Should illegal immigrants be offered in-state tuition rates at public colleges within their residing state?

Only the children of illegal immigrants.

Should the government fund space travel?

Yeah.

[–]CatFortuneにゃんぱす! | Only understands simple explanations 1ポイント2ポイント  (0子コメント)

  • Should a business, based on religious beliefs, be able to deny service to a customer?

No, I am against discrimination.

  • Should the government require health insurance companies to provide free birth control?

I don’t know the answers to a lot of these questions because I don’t know the utility of these things or how much money the government has to throw around. But I think there’s something to say for the investment of open and free birth control for public health and preventing unwanted pregnancies.

  • Should the federal government continue to give tax credits and subsidies to the wind power industry? 

Someone made a really good argument on here the other day, saying that you shouldn’t have both a carbon tax and a subsidy, because 1) it’s redundant, and 2) if you subsidize everything you’re wasting a lot of money and if you subsidize one, it could be the wrong one. I think a carbon tax would be the right thing to pressure the market to seek new alternatives.

  • Should employers be required to pay men and women, who perform the same work, the same salary?

I could’ve sworn I heard someone say that the wage gap is misleading, but that could’ve been bullshit. Anyways, I don’t know how this would work. If there happened to be a case where the women weren’t hard workers and the men were, should the men not get raises? I’m not anti-government, but it’s a blunt instrument and this seems a little surgical.

  • Should the government make cuts to public spending in order to reduce the national debt?

I put this here because this is one of those basic questions I should know the answer to but I don’t so I’m hoping someone will answer it.

  • Should Wall Street executives be criminally charged for their roles in the 2008 subprime mortgage crisis?

I have no idea what constitutes white collar crime or what these people even did. The financial crisis kind of happened in the background of my life while I was doing college and work, so I don’t know what happened honestly.

  • Do you believe labor unions help or hurt the economy?

I think the correct answer is that they play an important role, but they are prone to corruption. Maybe if they represented the workers better, people wouldn’t complain about them. But I don’t know.

  • Would you favor an increased sales tax in order to reduce property taxes?

I think this is the opposite of what people say we should do, no? Doesn’t sales tax affect the poor more than the rich, and vice versa with property taxes? Am I thinking of income tax? Whatever.

  • Should internet service providers be allowed to prioritize traffic for websites that pay higher rates than their competitors?

The IGM poll I just looked at came split between “agree” and “uncertain” on this matter. I guess I should listen to them over hysterical internet nerds. So maybe it’s not worth yelling about.

  • Do you support affirmative action programs?

I have no idea of the effectiveness of these programs, but something should be done.

  • Should the government decrease military spending?

Yes. I don’t want to put my hat in the ring for whether we should change our role in the world stage, but even if we don’t, I imagine there is some fat we could trim.

  • Would you support increasing taxes on the rich in order to reduce interest rates for student loans? 

This seems like a moderate proposal compared to universal free tuition. I just don’t know how much more the rich should be taxed more. You can’t just tax them whenever you want something, but maybe the taxes could be higher. There’s a limited amount of money you can get regardless though, so maybe we should sit on that play for now.

  • Should illegal immigrants be given access to government-subsidized healthcare?

I think there should be an absolute minimum standard of health care for anyone located in the country regardless of citizenship, but it should probably be better if you’re a tax paying citizen or resident. I do think it should be easier to become a citizen, however.

  • Should the government fund space travel?

I asked a friend his opinion on whether we should spend money on space travel. He said there are two main reasons to do this: first, the fact that so much science and technology even tangentially related to what we make for space travel comes out of our research. The second is that it’s just cool. Well let me tell you something buddy, I am the nation’s number one leading investment toward the progress of cool and no one’s giving me any money. But I’m all about those sweet technological advancements, so I say yes.

I keep getting Bernie Sanders when I do this quiz, but it was only a 2% difference from Hillary Clinton, and I’m not gonna doubt my gut over a 2% difference on an internet quiz.