Alternative Nation
Go Back   Alternative Nation > Lounge > Current Affairs, Debate & Politics

Notices

Current Affairs, Debate & Politics Everyone has an opinion so why not post it here and let's get a debate going.

Reply
 
Thread Tools Rate Thread
Old 8th October 2007, 11:21pm   #16
Fattly Drawn Boy
Editor
SuperMod
 
Join Date: Sep 2004
Location: Dundee
Posts: 17,157
Blog Entries: 1
Images: 301
LesMTS is online too muchLesMTS is online too muchLesMTS is online too muchLesMTS is online too muchLesMTS is online too muchLesMTS is online too muchLesMTS is online too muchLesMTS is online too muchLesMTS is online too muchLesMTS is online too muchLesMTS is online too much
Send a message via MSN to LesMTS
Re: Someone put my economic knowledge in check

I have a friend who is an economist by degree and kind of an economist by his massively overpaid job and he always laughs at me for my economic naivete and tells me "blah blah blah you should learn economics because economics is the only real science". Which is rubbish and makes me want to remain naive to spite him.
__________________
If Schrodinger had a cat, it would definitely be dead by now.
LesMTS is offline   Reply With Quote
Old 8th October 2007, 11:23pm   #17
A Jubilant Mass
Editor
 
Potatojunkie's Avatar
 
Join Date: Feb 2003
Location: In a jar, mate.
Posts: 17,446
Images: 2584
Potatojunkie is better than HoodyPotatojunkie is better than HoodyPotatojunkie is better than HoodyPotatojunkie is better than HoodyPotatojunkie is better than HoodyPotatojunkie is better than HoodyPotatojunkie is better than HoodyPotatojunkie is better than HoodyPotatojunkie is better than HoodyPotatojunkie is better than HoodyPotatojunkie is better than Hoody
Send a message via MSN to Potatojunkie
Re: Someone put my economic knowledge in check

Quote:
Originally Posted by LesMTS View Post
"blah blah blah you should learn economics because economics is the only real science".
Electrocute this person.
__________________
Potatojunkie is offline   Reply With Quote
Old 8th October 2007, 11:23pm   #18
Lady Of War
 
Witch's Avatar
 
Join Date: Sep 2004
Location: Hamelldaeme
Posts: 20,931
Blog Entries: 1
Images: 67
Witch is taking off to nuke the site from orbitWitch is taking off to nuke the site from orbitWitch is taking off to nuke the site from orbitWitch is taking off to nuke the site from orbitWitch is taking off to nuke the site from orbitWitch is taking off to nuke the site from orbitWitch is taking off to nuke the site from orbitWitch is taking off to nuke the site from orbit
Send a message via MSN to Witch
Re: Someone put my economic knowledge in check

See i wouldn't let his way of discussing economics put you off, if you want to learn then learn and if you don't dont. No one should ever be a deciding factor
__________________
Worth

Just because you're necessary doesn't mean you're important.


Witch is offline   Reply With Quote
Old 8th October 2007, 11:27pm   #19
Fattly Drawn Boy
Editor
SuperMod
 
Join Date: Sep 2004
Location: Dundee
Posts: 17,157
Blog Entries: 1
Images: 301
LesMTS is online too muchLesMTS is online too muchLesMTS is online too muchLesMTS is online too muchLesMTS is online too muchLesMTS is online too muchLesMTS is online too muchLesMTS is online too muchLesMTS is online too muchLesMTS is online too muchLesMTS is online too much
Send a message via MSN to LesMTS
Re: Someone put my economic knowledge in check

Quote:
Originally Posted by Potatojunkie View Post
Electrocute this person.
I did dispute it but he's an intensely loud and confident debater and I'm meek and I lost the will and self-esteem to carry on.
__________________
If Schrodinger had a cat, it would definitely be dead by now.
LesMTS is offline   Reply With Quote
Old 8th October 2007, 11:39pm   #20
A Jubilant Mass
Editor
 
Potatojunkie's Avatar
 
Join Date: Feb 2003
Location: In a jar, mate.
Posts: 17,446
Images: 2584
Potatojunkie is better than HoodyPotatojunkie is better than HoodyPotatojunkie is better than HoodyPotatojunkie is better than HoodyPotatojunkie is better than HoodyPotatojunkie is better than HoodyPotatojunkie is better than HoodyPotatojunkie is better than HoodyPotatojunkie is better than HoodyPotatojunkie is better than HoodyPotatojunkie is better than Hoody
Send a message via MSN to Potatojunkie
Re: Someone put my economic knowledge in check

The thing about several thousand volts is that they're louder and more confident than any five debaters you care to name.
__________________
Potatojunkie is offline   Reply With Quote
Old 8th October 2007, 11:48pm   #21
ShakingTheDisease
SuperMod
 
djtoast's Avatar
 
Join Date: Sep 2002
Location: Ptolomea
Posts: 20,841
Images: 164
djtoast is better than Hoodydjtoast is better than Hoodydjtoast is better than Hoodydjtoast is better than Hoodydjtoast is better than Hoodydjtoast is better than Hoodydjtoast is better than Hoodydjtoast is better than Hoodydjtoast is better than Hoodydjtoast is better than Hoodydjtoast is better than Hoody
Re: Someone put my economic knowledge in check

put tourism to NY,NY in the bin

hotels were still charging half the rate they had been prior to 9/11 two years later, for the comparatively few people who were going there

so certainly cost the US economy $$$ in those terms
__________________
djtoast is offline   Reply With Quote
Old 8th October 2007, 11:55pm   #22
Fattly Drawn Boy
Editor
SuperMod
 
Join Date: Sep 2004
Location: Dundee
Posts: 17,157
Blog Entries: 1
Images: 301
LesMTS is online too muchLesMTS is online too muchLesMTS is online too muchLesMTS is online too muchLesMTS is online too muchLesMTS is online too muchLesMTS is online too muchLesMTS is online too muchLesMTS is online too muchLesMTS is online too muchLesMTS is online too much
Send a message via MSN to LesMTS
Re: Someone put my economic knowledge in check

Quote:
Originally Posted by djtoast View Post
put tourism to NY,NY in the bin

hotels were still charging half the rate they had been prior to 9/11 two years later, for the comparatively few people who were going there

so certainly cost the US economy $$$ in those terms
But millions in poperty damage, inflicted on the US?
I accept that possible billions were lost in, if you like, reputation damage.
__________________
If Schrodinger had a cat, it would definitely be dead by now.
LesMTS is offline   Reply With Quote
Old 9th October 2007, 12:03am   #23
ShakingTheDisease
SuperMod
 
djtoast's Avatar
 
Join Date: Sep 2002
Location: Ptolomea
Posts: 20,841
Images: 164
djtoast is better than Hoodydjtoast is better than Hoodydjtoast is better than Hoodydjtoast is better than Hoodydjtoast is better than Hoodydjtoast is better than Hoodydjtoast is better than Hoodydjtoast is better than Hoodydjtoast is better than Hoodydjtoast is better than Hoodydjtoast is better than Hoody
Re: Someone put my economic knowledge in check

if a hotel can only charge half the tarrif- and run at half the occupancy - of before 9/11 then it's gotta be worth less!

i was only addressing one small issue but it was one that came up quite at lot in the period after the attack
__________________
djtoast is offline   Reply With Quote
Old 9th October 2007, 5:21am   #24
A little glass vial?
 
Semprini's Avatar
 
Join Date: Apr 2001
Location: Airstrip One
Posts: 27,151
Images: 111
Semprini has all the rep they could need. And more.Semprini has all the rep they could need. And more.Semprini has all the rep they could need. And more.Semprini has all the rep they could need. And more.Semprini has all the rep they could need. And more.Semprini has all the rep they could need. And more.Semprini has all the rep they could need. And more.Semprini has all the rep they could need. And more.Semprini has all the rep they could need. And more.Semprini has all the rep they could need. And more.Semprini has all the rep they could need. And more.
Send a message via ICQ to Semprini Send a message via AIM to Semprini Send a message via MSN to Semprini Send a message via Yahoo to Semprini Send a message via Skype™ to Semprini
Re: Someone put my economic knowledge in check

Quote:
Originally Posted by Potatojunkie View Post
Electrocute this person.
Then learn some economics. Even a first-year level intro'll stand you in good stead, if only to call bullshit on numerous government policies.
__________________
http://semprini.blogspot.com
Semprini is offline   Reply With Quote
Old 9th October 2007, 6:07am   #25
Changed Man V4
 
Join Date: May 2002
Location: Breaking into H
Posts: 32,098
Images: 303
Zooropa is better than HoodyZooropa is better than HoodyZooropa is better than HoodyZooropa is better than HoodyZooropa is better than HoodyZooropa is better than HoodyZooropa is better than HoodyZooropa is better than HoodyZooropa is better than HoodyZooropa is better than HoodyZooropa is better than Hoody
Send a message via MSN to Zooropa
Re: Someone put my economic knowledge in check

The thing I found with economics was you'd spend a while learning a theory and then they'd say "...but this isn't how it works in the real world."
Zooropa is offline   Reply With Quote
Old 9th October 2007, 3:07pm   #26
A little glass vial?
 
Semprini's Avatar
 
Join Date: Apr 2001
Location: Airstrip One
Posts: 27,151
Images: 111
Semprini has all the rep they could need. And more.Semprini has all the rep they could need. And more.Semprini has all the rep they could need. And more.Semprini has all the rep they could need. And more.Semprini has all the rep they could need. And more.Semprini has all the rep they could need. And more.Semprini has all the rep they could need. And more.Semprini has all the rep they could need. And more.Semprini has all the rep they could need. And more.Semprini has all the rep they could need. And more.Semprini has all the rep they could need. And more.
Send a message via ICQ to Semprini Send a message via AIM to Semprini Send a message via MSN to Semprini Send a message via Yahoo to Semprini Send a message via Skype™ to Semprini
Re: Someone put my economic knowledge in check

True. It's very much a study of how things would work in a perfect world.
__________________
http://semprini.blogspot.com
Semprini is offline   Reply With Quote
Old 9th October 2007, 11:15pm   #27
potential allergen
 
erithromycin's Avatar
 
Join Date: Jun 2005
Location: Medicine Cabinet
Posts: 293
Images: 6
erithromycin - We accept you, one of us!
Re: Someone put my economic knowledge in check

The valuation for the various buildings damaged around the World Trade Center complex was very high, and there was significant damage to the Pentagon. Now, as commercial property, the valuation on the WTC and attendant structures was very high, though most were never going to be sold as they existed to be rented (or parts of them leased). The Pentagon's repairs cost a lot too

Then there's the four aircraft, which between them account for a few million, and then the damage to things like cars, fire trucks, and so forth from the dust and collapse.

Now, that's damage to physical structures. As was noted, the stock market tanked, and while a tiny number of folk made a killing thanks to an already extant strategy which included put options, most made losses. Though that's imaginary money becoming smaller. Then there were projected losses, to tourism, and so forth, and the cost of a lost day of trading. A key economic lesson here, by the way is the Fallacy of the Broken Window, which is a good introduction to opportunity costs. All the money spent on the War on Abstract Nouns is money that could have been used for other things, and since much of it was wasted on nonsense that's not insignificant.

The real cost, the monstrous economic damage, however, the one which directly affects America's net worth (or, more specifically, it quantity of foreign debt) is the price of oil, and in particular gasoline. America's consumption is immense, and when the price went up its consumption did not go down such that its balance of foreign payments remained stable (ie, Oil at price A times quantity B, giving AB as total, twice A, half B, it remains the same). That money goes abroad. Though a lot of that money isn't money, but debt. That's the real damage.

I'll stop before I start talking about coffee shops and money as information.
__________________
Quote:
Originally Posted by Posh View Post
To be disappointingly on-topic for a moment, Erithromycin is the most tedious person on this forum. And that's saying something.
Quote:
Originally Posted by thetruemayhem View Post
Forum pomposity has a new benchmark.
erithromycin is offline   Reply With Quote
Old 10th October 2007, 12:17am   #28
Auf Wiedersehen
 
Posh's Avatar
 
Join Date: Sep 2002
Location: On the Radio
Posts: 18,808
Blog Entries: 224
Images: 30
Posh is too good at this 'forum game’Posh is too good at this 'forum game’Posh is too good at this 'forum game’Posh is too good at this 'forum game’Posh is too good at this 'forum game’Posh is too good at this 'forum game’Posh is too good at this 'forum game’Posh is too good at this 'forum game’Posh is too good at this 'forum game’Posh is too good at this 'forum game’Posh is too good at this 'forum game’
Send a message via AIM to Posh Send a message via MSN to Posh
Re: Someone put my economic knowledge in check

your sig x
__________________
When I woke up, mom and dad are rolling on the couch.
Rolling numbers, rock and rolling, got my Kiss records out.
Posh is offline   Reply With Quote
Old 10th October 2007, 9:10pm   #29
Experimental stooge
 
endless psych's Avatar
 
Join Date: Aug 2006
Location: Muffled 'bang'
Posts: 13,849
Images: 8
endless psych has it in spades, whatever it isendless psych has it in spades, whatever it isendless psych has it in spades, whatever it isendless psych has it in spades, whatever it isendless psych has it in spades, whatever it isendless psych has it in spades, whatever it isendless psych has it in spades, whatever it isendless psych has it in spades, whatever it is
Send a message via MSN to endless psych Send a message via Skype™ to endless psych
Re: Someone put my economic knowledge in check

Quote:
Originally Posted by LesMTS View Post
"blah blah blah you should learn economics because economics is the only real science".
I hope you pointed out that economics is essentially applied maths as by its axiomatic nature not really a science at all...
__________________
Shut up! Grammatic oil!
Just a sockpuppet for Freud. Whats happened to my bag?
Not down with the rock not down with the roll
endless psych is offline   Reply With Quote
Reply

Bookmarks
Digg del.icio.us StumbleUpon Google

Thread Tools
Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


AN advertise 



 Bamboo





Powered by vBadvanced CMPS v3.0.0
Advertisement
   



All times are GMT +0. The time now is 8:51am.

Forums Directory
Copyright 2000-2008, Alternative Nation

SEO by vBSEO 3.1.0 ©2007, Crawlability, Inc.
Page generated in 0.77841 seconds with 15 queries