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"Aiugh. My brain just broke. How does a noob like me learn about these systems. I know it all probably makes sense to the learned. But with my folk (mis)unders
by fuzztester 3y ago
"Aiugh. My brain just broke.
How does a noob like me learn about these systems. I know it all probably makes sense to the learned. But with my folk (mis)understanding, these claims sound counterintuitive.
Thanks. "
don't worry, your intuition is right. you are on the right track when you say that your brain broke. you are more learned, or rather, more wise than those guys.
because a lot of economics is BS, a hotchpotch of some art, craft, heuristics, observations and formulae, pretending to be a science.
this is exactly why economics is known as "the dismal science", and why there is a saying that if you get 20 economists in a room and ask them the same question, you will get 20 different answers.
(italics mine)
I studied economics in high school for a whole year (11th grade). the course covered both microeconomics and macroeconomics. the Samuelson (MIT prof., IIRC) book was one of our text books.
I did well in class, was among the top few students.
I made some penetrating comments to which my teacher had no satisfactory answer. it was on a situation / question regarding OPEC (the oil cartel).
from that time on, and also from subsequently reading economics articles and news now and then, I could intuit and piece together the opinions that I stated above. :)
so, not to worry :)
- edgyquant 3y agoNot sure how you can pretend I’m wrong when what I stated is an observation of the world and not an opinion. The US moved its industry overseas and switched to exporting dollars in an effort to buy sway inside of other countries. It did this to isolate Russia and win the Cold War.
- fuzztester 3y agoedgy, you are quant(ifiably) edgy. ;) i never replied to you. so how could I have pretended you were wrong? you seem to be mistaken. trace your way upthread and tell me where I replied to you. i, at least don't see it. but whether it is your error or mine, it may be due to the shitty message threading style used here on hn. I have commented about it in the past. if the better Usenet / NNTP style was used, such confusions would not occur. The D language forum uses it, for example. maybe you need some edgyqation ...
- cycrutchfield 3y agoSo you declare an entire field as BS and your basis of expertise is a high school class you took and a (probably underpaid and overworked) teacher who couldn’t satisfactorily answer your questions? Dunning-Kruger effect in action.
- ducttapecrown 3y agoFurther economics classes only pull the curtain farther back on what economics is: applied mathematics and applied sociology combined! I'm personally undecided on dismissing economics and trying to learn more of it!
- fuzztester 3y agodiss it, you won't miss it! ;)
- fuzztester 3y ago[flagged]
- nick222226 3y agoYou should probably seek out a therapist or psychiatrist, you seem to be having a crisis of some sort.
- fuzztester 3y ago[flagged]
- fuzztester 3y agoyou too should start thinking for yourself, like I said to cycrutchfield above. it will improve your way below average brain.