Also, I went to a better school than you did, and obviously got much more out of it.
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We were a hell of a lot closer to it than most Americans today would be comfortable admitting. Some of the problems it created are still with us, and still creating headlines and more problems. I've already mentioned that the government was fortunate to have the fruits of years of private economic activity to take advantage of. There are three thoughts on it for you.Originally posted by curtis290 View PostWhat do you think about the US' economy during World War II? I take it you think we were a bunch of communists?Solomwi is very wise. - Imran Siddiqui
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I definitely agree with the first sentence. Not sure exactly what you're referring to in the second sentence. In the third sentence, well, yeah, I'm not an anti-capitalist, obviously private economy activity is important and successful. I just don't buy into the dogma that "markets always know best" or that "government is always bad." Anyways, as to the wartime economy, it got us out of the Great Depression, and in the Bretton Woods era (1945-1973) the US saw its highest growth rates in history while the state was expanding greatly during the period. Our financial sector was much smaller and tightly regulated back then, and its purpose was to serve main street, not itself. That's all I'll say about that.Originally posted by Solomwi View PostWe were a hell of a lot closer to it than most Americans today would be comfortable admitting. Some of the problems it created are still with us, and still creating headlines and more problems. I've already mentioned that the government was fortunate to have the fruits of years of private economic activity to take advantage of. There are three thoughts on it for you.
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That's the same thing you've said a dozen times, without any more substance or critical thought behind it than any of the other times. Maybe that's part of the problem with your blog. While I'm generously donating to your personal betterment, look up the post hoc ergo propter hoc fallacy. Learn it, love it, leave it far, far behind.Solomwi is very wise. - Imran Siddiqui
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What does that have to do with finance? I'll accept his superiority in physics, but I can't stand his arrogance in regards to his economic opinions. He acts like he's the world's premier economic expert, yet he can't even understand how Speenhamland prevents the functioning of a natural labor market.Originally posted by Kuciwalker View PostAnd can you go into one thread without bragging about your paycheck? I went to a much better school than you did, one that churns out Wall Street stiffs. Had it been my goal, I'd be rolling in money right now, and within a couple of years I'd be on my way to seven figures. You'd be under my paygrade pretty damn soon.
Erm, you know he has a Ph.D., right? In physics, not some douchy subject like filosofy or whatever you studied.
Where'd you go to school then? I doubt it's more competitive than mine. And obviously you didn't get much more out of it if you're just working for some insurance company.Originally posted by Kuciwalker View PostAlso, I went to a better school than you did, and obviously got much more out of it.
I don't care.Originally posted by Kuciwalker View PostOh, and I bet that for every single year of my life I will command a higher salary than you.
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Santa BarbaraOriginally posted by Kuciwalker View PostIf I weren't moderately risk-seeking I would have just stayed as a programmer, gotten my six figures, and lived by the beach in Santa Barbara.
And I meant your proffered wager was one you could never collect on before your death, but curtis could (presumably on an anomalous year).
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Originally posted by curtis290 View PostI don't care.
Think of how many tank seeds you could plant in your fields with the money you win from the bet... and there's no downside because kuci has to be dead before he could collect. (And presumably have had a salary from the day he escaped his mother's womb.)
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