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I don't hear any actual counterargument. > BS. This is not economic theory, and you are not an economist, friend. If so, please quantify with numbers so we can
by acituan 6y ago
I don't hear any actual counterargument.
> BS. This is not economic theory, and you are not an economist, friend. If so, please quantify with numbers so we can compare (don't wast your time).
As it happens I actually am an economist, but that credential shouldn't have mattered either way. This function is called the Cobb–Douglas production function, it has statistical evidence as tested in the beginning of 20th century, and if someone has a qualified rebuttal they should go ahead because it could get them some academic award.
> Lofty claims here. I'll raise you - people die because they can't afford medicine but nobody died because of big tech.
Death is not the most useful standard by which we measure the health of a 21st century, developed nation economy. In fact, "this business doesn't kill people" is such a low standard to the degree of being virtually useless in this analysis. Sophistication of the tools we use for economic analysis should match the sophistication of the economic activity going on.
- game_the0ry 6y ago> I don't hear any actual counterargument. I didn’t hear any sense.
- acituan 6y agoNext time you can’t make sense of an argument, you should not engage then, instead of making low effort, ad hominem attacks.