The Demoralization is just Beginning

Post by tsupiroti » Wed, Mar 05, 2025, 8:36 AM UTC

throwawaymaths wrote: post #284

ryandamm wrote: post #11

I prefer my economic takes from economists, or people who actually study these things. -there is more to an economy than manufacturing. Using manufacturing metrics to rate an economy is like scoring a soccer game based on how far your players run: in some contexts correlated with “winning” but in others it’s not. -gold is not a good currency or basis for monetary policy. -these ideas only sound self consistent withou…

> I prefer my economic takes from economists, or people who actually study these things. hows that going? economists have been giving advice to policymakers for decades, and we have a widening gap between the haves and the have nots, society increasingly in debt, etc. Maybe economists have it wrong.

Post by Ray20 » Wed, Mar 05, 2025, 8:39 AM UTC

tokioyoyo wrote: post #211

systemf_omega wrote: post #118

Earlier quoted context omitted.

This has been done before, and America comes out consistently on top. Even the median purchasing power parity (PPP) in the US is frequently ranked highest in the world. The majority of American households in the poorest US states are doing better than the majority of Europeans. This gets amplified if you're a highly sought after professional. Top senior engineers are getting paid $500k-$1M in the US. These are figure…

Have you lived in Denmark, Japan, China, Netherlands and some other countries in the past 10-15 years? I really don’t think you weigh in people’s personal preferences and general quality of life into your equations. There is a very big reason why there’s no more large swaths of immigrants from European and some Asian countries flocking into the US. Yes there is some, but the times when it was objectively much better…

Post by cycomanic » Wed, Mar 05, 2025, 8:41 AM UTC

harimau777 wrote: post #102

ikiris wrote: post #78

Earlier quoted context omitted.

It's only a debate if you reject the very principals of science. I realize we're getting there for a lot of people, but merely disbelieving in science is not a refutal of it. This ignores so called Austrian economists however, who are just flat out lying to either themselves or everyone else depending on the person.

I think the problem might be that it's difficult to perform experiments in economics due to the size of the thing being measured and the fact that the people making up the economy generally aren't going to be alright with you performing experiments on them.

Post by crakhamster01 » Wed, Mar 05, 2025, 8:42 AM UTC

Post by hayst4ck » Wed, Mar 05, 2025, 8:44 AM UTC

rat87 wrote: post #72

rayiner wrote: post #42

Earlier quoted context omitted.

> Brain-draining the world is really the key to cementing American Hegemony in a post-Cold War world. Why should we want that instead of an orderly, well-governed democracy? Do you think people in Sweden or Denmark are upset their countries aren't hegemons? And what would that do to the country? Do you really think that, say, the top 5% of India and China (100 million people) would do better maintaining a democracy t…

India despite flaws is a democracy same as the US. It's a very different country then China. Plenty of immigrants from tyrannical countries are as if not more committed to democracy as those born here And just because someone was born in China or India it doesn't make them any less American then someone born in Iowa. Their children might be born in Iowa