What you may not be able to hide from them like your current employer and this frightens you?
I personally have no employer and am far more free to do what I want with my time. Unlike you. Bwahahaha…
Why, you guys consistently get the same things wrong.
Do you think anyone actually pays attention to you?
OMG, we agree on something! But, I’d bet you’ll end up voting for one of those 2 assholes representing those awful parties.
And peer-reviewed studies appeal to those who love to swallow propaganda and think they are the pinnacle of thought. Bwahahahaha…
So peer review is a flawed process, full of easily identified defects with little evidence that it works. Again, bwahahahaha…
As is just about every process imaginable.
And that article is so damn poorly written, it’s laughable. No wonder the dude has issues with the peer review process.
From the article:
“I estimate that the average cost of peer review per paper for the BMJ (remembering that the journal rejected 60% without external review) was of the order of £100, whereas the cost of a paper that made it right though the system was closer to £1000.”
“I estimate” = I have no data, and this is purely conjecture.
Nobody writes an actual academic article this way. If he is a doctor in Britain, no wonder their medical system is facing massive strikes and shortages…
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Freedom in what way exactly?
Obviously you do since you responded with your idiocy
I’m sure these will be well thought out replies worth responding to.
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It is impossible for me to care less about what Milton Friedman got right or wrong.
Sure thing, boss.
Everyone single human being on the planet with an IQ above 80.
You don’t understand what you’re typing which is why you’ve appealed to authority.
How you could miss the point this badly is hard to fathom.
You appealed to authority (Steve Grumbie and Stephanie Kelton). This is a logical fallacy. So I threw it back in your face to make the point that an appeal to authority is weak sauce used by people like you that don’t know what they are talking about.
And, once again, instead of explain how Friedman is wrong or how Kelton is supposedly right you respond to more appeals to authority.
Look, I get that you’re dumb, but you should have been able to follow this conversation. I broke it down in very simple terms for you.
I’m sure you think that.
You don’t understand the very basics of economics enough to know if Kelton or Friedman are right or wrong. That is the problem. You don’t have an opinion arrived from study and thought. You have an opinion that has been given to you by the current group you have put your faith in.
I don’t give a shit what you do or don’t do, but it is clear you lack the ability to judge who is right and who is wrong on economic matters.
It is “retarded” to blindly listen to “experts”.
You’re the one that cries about people and companies paying their “fair share”.
I like being able to make actual decisions and not need 650 board members to vote on trivial matters. You’d understand this if you ever had an actual job.
Hiding from what? I guarantee people in co-ops are able to hide from their responsibilities far more than within a typical organization.
Good for you, but no one cares.
Sure thing, boss. Does your mom even let you outside alone? How about without your helmet?
Do you think anyone actually pays attention to you?
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So peer review is a flawed process, full of easily identified defects with little evidence that it works. Bwahahahaha…
Wow, I’m so impressed by your gold standard.
Democratic.
So when you need clarification on a subject. Don’t ask a professor because you are just appealing to authority. And you call me stupid.
Bwahahaha…but you do FOH.
Yeah because f a company makes billions in profits but pays zero in fed taxes but someone who makes 50k/yearly pays fed taxes, that is fair. Conservatism and the “free market” economic thought makes you say stupid shit.
You bragged about doing non-relate work activities while on the clock.
You do, because you haven’t been able to reach that status. I know you love your job so much that you bragged about being able to do non-work related activities while getting paid for it. What would your boss say if they found out?
Man, this really burns you.
Who is blindly listening to experts?
You can read how Friedman was wrong and admitted to it and you can read Kelton and decide for yourself. You posted some ignorant thing about an MMT coloring book but didn’t refute one of it’s assertions. Good job!
Still better than a worthless debate.
You will never see that because a) you can’t comprehend a complex article (repeatedly proven) b) you confirmation bias is the size of Everest and c) your IQ is lower than the average lifespan.
Also - you posted the same dated, poorly written article from the previous post…
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It’s hilarious to me how vehemently you argue with people on here and can’t grasp an incredibly basic concept. No, asking a professor or an expert about a subject is not an appeal to authority. It’s called learning. That isn’t what you’ve done.
Castoli: MMT is good!
T-Nation: Why?
Castpli: I don’t know, I was dropped several times as a child, but this random economist does! Watch this video or read this blog post.
T-Nation: Nah, explain why your expert is right and these other 100 experts are wrong.
Zep: I can’t do that because I have no idea what I’m talking about; however, it doesn’t matter to me bcause I’ve provided an authority on the subject.
T-Nation: Cool, here are 10 other experts contradicting your expert.
Castoli/Zep: You just don’t get it, ruble.
We’re at post 2,457 and you have not:
- Explained why people should listen to your understanding of MMT.
- Explained in your own words the fundamental principles of MMT.
- Explained in your own words why inflation isn’t tied to money supply.
- Explained in your own words why our current understanding on inflation is wrong. Specifically how the printing of money is not associated with higher inflation.
- Explained what would happen, both good and bad, if business organization changed to 100% co-ops as opposed to the various structures we have now. Specifically how this impact WACC and employment.
- You’ve yet to explain what happens if a country utilizing MMT does reach maximum productivity (impossible imo). How is inflation delt with then?
- How does MMT deal with changes in velocity of money?
- How does MMT deal with purchasing power parity?
- What happens if the world stops using USD as the reserve currency instead opting for a new fiat or something else (crypto)?
- How does MMT deal with systemic failures?
You’ve struggled with basic concepts like profit vs capital gains and now learning vs an appeal to authority logical fallacy. I would say you’re just ignorant, but I’m not convinced you have the capacity to understand the topics you want to discuss.
I have actually studied economics. I actually work in finance. I’m actually a certified management accountant. I actually have a BS and MS in accounting.
You’ve worked menial jobs (nothing wrong with that) and now supposedly live of currency volatility, which of course is only really possible because we use fiat.
Wonderful, but irrelevant. Real Progress avoids federal income tax by being a 501(c)(3). That is a fact. The only difference between them and the NFL (other than the specific 501 designation) is scale. Why is that okay? Why don’t they have to pay their fair share?
YOU.
I
Don’t
Give
A
Fuck
This is the only correct thing you’ve said. I can. You can’t, but I can.
I just posted it. It’s not my fault whoever made it is intellectually challenged.
The irony here is as outstanding as it is comical.
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Yep, you keep telling yourself that…
Classic from you. Claim something untrue when these questions have been an answered several times. Some I’ve even given real world examples. But it’s easier for you to pretend something never happened, then post something that is idiotic like the MMT coloring book. Without explaining why those points are invalid. What a pretender.
Plenty of things are possible with fiat. Like a much broader fiscal policy. It is impossible for SS to go bankrupt. That is just a line promoted by the status quo and the politicians who work for them.
Yes, you would like this to be true.
Why doesn’t Amazon become a 501(c)(3)?
Why don’t all non-profits pay federal taxes?
And who cares what you think? Friedman’s wrong theories were implemented and praised by lawmakers with consequences…
You didn’t have to post it, but you did.
Yes, another classic from you. Claim others do the same thing as you then chastise them for it.
You’re the only one behaving the way he is referencing.
Boy you are dense.
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If they’ve been answer “several times” then you should be able to quote where.
Still no answer to basic questions about MMT.
Classic Zep, who was talking about social security?
Another classic Zep, platitudes and nothing more.
It is wholly irrelevant to the point that was made, but it’s okay we’ve established you’re a hypocrite.
Another Zep classic, has no answer so asks a stupid question instead.
Quite a few people care what I think. I’m sorry you don’t know what that feels like.
Has exactly zero to do with the point that was made.
You didn’t have to post this absurd thread, but you did.
You have added nothing to the thread you created.
For posterity, once again, everyone can see you have not answer basic questions about MMT.
I’ll even help you out. Go to the very top of the page, click on the bubble with your name and 923, then click the “923 posts in topic” in the grey box on the right. You can now scroll straight through all your posts. Quote where you’ve answered the above. I’ll wait.
