Originally posted by Aeson
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12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
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Originally posted by KrazyHorse View PostWatching you twist to try to make this reasonable is entertaining.
Your assertioni was that HC is right that if a nation's wealth is partly based on natural resources it shouldn't count. So how much of the US wealth is based on extraction of natural resources?
Then how much of it is indirectly fueled by commodity extraction/funding? We can then have aa valid comparison. Maybe one that doesn't suit your and HC's desire to masturbate furiously over how much more productive the people that came before you were ... but that's the price of truth ...
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Originally posted by KrazyHorse View PostIf you make everything endogenous then everything is endogenous. I have no urge to dive into a chain of possibility that follows environment->culture->politics->economics. That is a fool's errand. What I can do is say that luck of the draw plays a direct role in the outcome of Norwegian wealth in a way that us luck does not. Oil extracted at a fraction of the sale price is free money which tells us little to nothing about the value of the policy choices of the Norwegian state. And you are being very dim or very disingenuous to avoid admitting that.
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You actually just moved my goalposts, *******. I don't know why I ever read your posts. You're unbelievably dishonest.
Norway and Luxembourg (or some random city state) were brought up as counterexamples to US GDP per capita being higher than Europe's. Clearly our GDP per capita today is driven by pursuits other than resource extraction. Norway's isn't. It's not useful to compare our public policy to Norway.If there is no sound in space, how come you can hear the lasers?
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You think the farmers in Norway wouldn't love to be able to exploit the N American corn belt? What do you expect them to do, be as productive with land and climate that isn't anywhere near as productive? So should we not use American agriculture as part of our wealth? Or is that splitting hairs like disallowing oil extraction?
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Originally posted by Lorizael View PostIf you're asking why a particular country is rich, then looking at its history of natural resource usage is not idiotic. Is America today driven by resource extraction? No. Was America driven by resource extraction in the past? Yes. Did that past lead to this present? Hmm...12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
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Originally posted by Hauldren Collider View PostYou actually just moved my goalposts, *******. I don't know why I ever read your posts. You're unbelievably dishonest.
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Originally posted by KrazyHorse View PostCountries like Japan and korea have undergone a shift from medieval to modern economies in the amount of time since resource extraction has been a significant piece of the puzzle distinguishing the US and Europe. I will go ahead and posit that you don't need to understand resource extraction to understand why Americans are richer than Europeans today. kthxbye
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Originally posted by Aeson View PostYou're just too stupid to understand what you said. You said Norway's wealth shouldn't count since it's partly derived from oil. We can extrapolate everything else I said easily enough from there.If there is no sound in space, how come you can hear the lasers?
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Originally posted by Aeson View PostWatching you run away is even more fun
Your assertioni was that HC is right that if a nation's wealth is partly based on natural resources it shouldn't count.
****.12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
Comment
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Originally posted by Hauldren Collider View PostNorway and Luxembourg (or some random city state) were brought up as counterexamples to US GDP per capita being higher than Europe's. Clearly our GDP per capita today is driven by pursuits other than resource extraction. Norway's isn't. It's not useful to compare our public policy to Norway.
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Aeson either deliberately misunderstands people or he is simply unable to understand degrees of scale. This is not the first time I've seen this.12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
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