2 ms·
I’m incensed reading this article, early on. First, that Robin Williams anecdote. It’s absurd. If it’s even true, a macroeconomics class isn’t necessarily diff
by brvsft 3y ago
I’m incensed reading this article, early on.
First, that Robin Williams anecdote. It’s absurd. If it’s even true, a macroeconomics class isn’t necessarily difficult nor do they always ask difficult questions. It’s more likely, “What happens to the price when demand goes up and supply remains the same?”
Next,
> If asked, “Why did the stock market fall 0.23% last week?” an average person will shrug their shoulders and walk away. A very smart person will show you their yield-curve model and valuation analysis and tell you whether the performance will continue.
This is patently false. Some smart people might do this. Many will behave in the same manner as the average person. Smart does not mean a person feels the need to have a correct answer for every question and to convey the confidence of always being correct. I know the article might arrive at this point, but lying about reality before getting there is a nonstarter. So this is where I stop reading.