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Well the fact that we're in worldwide recession despite being in a time of extreme productivity and technology, is perhaps a sign that the "real economists" and

Well the fact that we're in worldwide recession despite being in a time of extreme productivity and technology, is perhaps a sign that the "real economists" and neo-liberals are fucking it all up. Elitism is counter-productive. So, care to actually present a counterargument or are you content to be an obnoxious blowhard?

potatolicious 14y ago
No, it really isn't a sign of anything. This is like blaming all professional plumbers for your bath tub leaking. This is a cynical and knee jerk commentary that's emblematic of the sort of middle brow dismissals we've been working to limit on HN. For all of the competing thoughts on economics, I don't think it's a stretch to say it's enormously complicated. Even on the most cursory examination it doesn't break down to "more productivity = better economy". "Real economists" and "neo-liberals" may in fact be fucking it all up, but I'm quite certain they'd have done no better if they modeled the economy like you have. When your world view requires that millions of highly educated, trained, and experienced people - who have pursued a rigorous, academic field of study for decades - are all simultaneously out to lunch, possibly maliciously, the onus is perhaps on you to provide more substantiation than "they're fucking it all up". Side note: At this point I'd be very happy with HN being refocused on strictly tech/startup related posts. Every time a more general or controversial topic comes up it ends up very much like this thread. Unsubstantiated knee-jerk ad hominem. Followed by equally unsubstantiated hyperbolic cynical equip.
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- Jare 14y ago
  > This is like blaming all professional plumbers for your bath tub leaking A large amount of bath tubs and pipes are leaking, worldwide.
kokey 14y ago
Worldwide recession? The only time the recession was global was for a short while during 2009.
- speeder 14y ago
  Tell me what important country is not having problems. I am from Brazil, we are going full double dip here ( ie: in 2009 the government went batshit crazy in allowing credit, and then we has 7% growth rate, thus year we had several months of negative growth, and banks complaining of a huge rise in defaults )
  - kokey 14y ago
    Many, if not most, are having some problems. It does mean growth has slowed down, but it doesn't mean it has gone negative yet, especially not globally. It's interesting what you say about Brazil, especially about government action regarding credit in 2009. I haven't been following the situation there. It seems like 2012 will still show some growth but considering Brazil's potential it's pretty bad.
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potatolicious 14y ago

No, it really isn't a sign of anything. This is like blaming all professional plumbers for your bath tub leaking. This is a cynical and knee jerk commentary that's emblematic of the sort of middle brow dismissals we've been working to limit on HN. For all of the competing thoughts on economics, I don't think it's a stretch to say it's enormously complicated. Even on the most cursory examination it doesn't break down to "more productivity = better economy". "Real economists" and "neo-liberals" may in fact be fucking it all up, but I'm quite certain they'd have done no better if they modeled the economy like you have. When your world view requires that millions of highly educated, trained, and experienced people - who have pursued a rigorous, academic field of study for decades - are all simultaneously out to lunch, possibly maliciously, the onus is perhaps on you to provide more substantiation than "they're fucking it all up". Side note: At this point I'd be very happy with HN being refocused on strictly tech/startup related posts. Every time a more general or controversial topic comes up it ends up very much like this thread. Unsubstantiated knee-jerk ad hominem. Followed by equally unsubstantiated hyperbolic cynical equip.

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Jare 14y ago
> This is like blaming all professional plumbers for your bath tub leaking A large amount of bath tubs and pipes are leaking, worldwide.

kokey 14y ago

Worldwide recession? The only time the recession was global was for a short while during 2009.

speeder 14y ago
Tell me what important country is not having problems. I am from Brazil, we are going full double dip here ( ie: in 2009 the government went batshit crazy in allowing credit, and then we has 7% growth rate, thus year we had several months of negative growth, and banks complaining of a huge rise in defaults )
- kokey 14y ago
  Many, if not most, are having some problems. It does mean growth has slowed down, but it doesn't mean it has gone negative yet, especially not globally. It's interesting what you say about Brazil, especially about government action regarding credit in 2009. I haven't been following the situation there. It seems like 2012 will still show some growth but considering Brazil's potential it's pretty bad.
  - deleted 14y ago
    [deleted]