4 ms·
Elaborate, because it sounds like a strawman.
by alentist 5y ago
Elaborate, because it sounds like a strawman.
- dathinab 5y agoI can agree with him the mismatch is what makes me dislike the joke as it can spawn bad ideas but also what can make it funny in a "dark humorous" way. Me not liking the joke doesn't necessary mean it's not funny :=/ Like a joke which makes you both laugh and feel bad at the same time...
- imtringued 5y agoPerfect markets have no time lag, everything happens instantaneously. Thus it is always in the perfect state. The real world is not that convenient.
- alentist 5y agoAnd? What does that have to do with the GP?
- alentist 5y agoYour claim that economics does not consider time lag is ignorant nonsense. https://www.sciencedirect.com/topics/economics-econometrics-and-finance/lag-model https://www.sciencedirect.com/topics/economics-econometrics-... https://www.jstor.org/stable/2343782 https://www.jstor.org/stable/2343782 https://www.bis.org/publ/confp04l.pdf https://www.bis.org/publ/confp04l.pdf
- tinus_hn 5y agoIt’s a joke.