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Since the last one has reached 500, this is the new thread for discussion of all things to do with practical economics.
Brains in gear at all times please.
Brains in gear at all times please.
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You should have named it "new economy" thread.“Now we declare… that the law-making power or the first and real effective source of law is the people or the body of citizens or the prevailing part of the people according to its election or its will expressed in general convention by vote, commanding or deciding that something be done or omitted in regard to human civil acts under penalty or temporal punishment….” (Marsilius of Padua, „Defensor Pacis“, AD 1324) -
Actually, I like "GDP, M&A, EBITDA, P/E, NASDAQ, Econo-thread Part III" better
And here is a link to the old thread.
Keep on Civin'
RIP rah, Tony Bogey & Baron OComment
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Dr Spike, insert a link to the old thread please, makes it easier to look something up there.
[edit] never mind about the link, but the title should be part 12, you're denying a long history here.
DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.Comment
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Part III ? Isn't it part 12 ?“Now we declare… that the law-making power or the first and real effective source of law is the people or the body of citizens or the prevailing part of the people according to its election or its will expressed in general convention by vote, commanding or deciding that something be done or omitted in regard to human civil acts under penalty or temporal punishment….” (Marsilius of Padua, „Defensor Pacis“, AD 1324)Comment
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Hehe, ok, but although these threads may have started out discussing financial stuff a large percentage of the discussion is on purely economic issues. The title doesn't seem to reflect that. But then, tradition is a powerful force I guess.
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So let's try new stuff.Don't be silly. The point is that we have tried lots of things, and what we do now works better than all those things.
You've convinced me that your preaching skills are top-notch, but I'd like to see some arguments.I hope I have succeeded in convincing you all of the worth of imperfect tools like output gaps and NAIRU, and I hope there is none among you that seriously believes in ditching discretionary policy.DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.Comment
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opps... time to change it againOriginally posted by HershOstropoler
Part III ? Isn't it part 12 ?
Keep on Civin'
RIP rah, Tony Bogey & Baron OComment
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PART 12, PART 12, PART 12, you infidel!Originally posted by DrSpike
Hehe, ok, but although these threads may have started out discussing financial stuff a large percentage of the discussion is on purely economic issues. The title doesn't seem to reflect that. But then, tradition is a powerful force I guess.
[edit] never mind.
DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.Comment
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Dan, about the Eurozone's NAIRU, I'm quoting the economist here:
2% in 5 years?Michael Dicks, at Lehman Brothers, estimates that the euro area's structural rate of unemployment (ie, the lowest jobless rate consistent with stable inflation) has fallen to 8% of the labour force, from 10% five years ago.DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.Comment
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"Hehe, ok, but although these threads may have started out discussing financial stuff a large percentage of the discussion is on purely economic issues...."
Was a mix from the beginning.
Is Granddaddy still in the archive ?“Now we declare… that the law-making power or the first and real effective source of law is the people or the body of citizens or the prevailing part of the people according to its election or its will expressed in general convention by vote, commanding or deciding that something be done or omitted in regard to human civil acts under penalty or temporal punishment….” (Marsilius of Padua, „Defensor Pacis“, AD 1324)Comment
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"2% in 5 years?"
The question mark implies that somehow I know enough to have an opinion about NAIRU.
Nothing could be farther from the truth.
"Is Granddaddy still in the archive ?"
We skipped over a lot of numbers. Just call it "thread inflation".
Granddady might be in the archive. Off Topic is pruned regularly, though, so it probably isn't.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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Ok then, in layman's terms: I'm the one who's right, Spike is the one who's wrong. Gottit?Originally posted by DanS
The question mark implies that somehow I know enough to have an opinion about NAIRU.
Nothing could be farther from the truth.
The original thread wasn't archived AFAIK.We skipped over a lot of numbers. Just call it "thread inflation".
Granddady might be in the archive. Off Topic is pruned regularly, though, so it probably isn't.DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.Comment
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Unfortunately Colon's grasp of basic economic concepts is such that he would struggle in a remedial undergraduate class.Originally posted by Colon
Ok then, in layman's terms: I'm the one who's right, Spike is the one who's wrong. Gottit?
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Oof.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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