vezzy-fnord

14 ms·

91.
by vezzy-fnord 11y ago
Funnily enough Chomsky is implicitly assuming that government spending has a crowding out effect, which is an idea popular with economists who are "hired to develop capitalist theology," as you label them. But, probably not. Even
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by vezzy-fnord 11y ago
Monetarism is just a theory of the transmission mechanism going from money supply->price level->output, with some variations. Their policy proposals have been quite diverse. Keynes himself had differing policy recommendations, as well
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by vezzy-fnord 11y ago
Money is merely one slightly special and easy-to-measure token in an economy, but it isn't really what economics is about. "It is self-contradictory to discuss a process which admittedly could not take place without money, and a
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by vezzy-fnord 11y ago
Corporations exist only because of the legal fiat of "nations" (nation states, anyway). But, certainly not. Mercantilism benefits corporations much more strongly. Diseconomies of scale can be mostly inhibited through a strategical
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by vezzy-fnord 11y ago
Indeed, the only complete solution to the schooling system's deficiencies will be its abolition. Education and the accumulation of knowledge should be understood as a subsidiary and decentralized activity, one heavily driven by autodid
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Three simple changes to the Fed's policy framework(marketmonetarist.com)
3 points by vezzy-fnord 11y ago|0 comments
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by vezzy-fnord 11y ago
Private prisons are largely a red herring. They account for some 8.4% of the prison population. [1] Many of the horror stories coming from them are simply from the fact that state corrections agencies willfully loosen their standards when c
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RegData: A database quantifying federal regulation by industry over time(regdata.org)
19 points by vezzy-fnord 11y ago|7 comments
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by vezzy-fnord 11y ago
The logical conclusion of Black Sabbath would be something more akin to Church of Misery, I'd argue. They even verbatim lift the aesthetic, particularly in Master of Brutality and The Second Coming .
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by vezzy-fnord 11y ago
I actually enjoy the original recording Jerusalem more than Dopesmoker . The lo-fi production makes it sound even rawer and more penetrating. That said, I've probably played both over a dozen times each. It truly is a journey and on
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by vezzy-fnord 11y ago
I was simply listing them as non-present basics that even freshman Walras-Cassel equilibrium models might have. I can't just add a homogeneous blob of capital called K because that's subject to capital-theoretic criticisms and isn
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Where Have All the Gophers Gone? Why the Web Beat Gopher for Mindshare (2008)(ils.unc.edu)
70 points by vezzy-fnord 11y ago|26 comments
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by vezzy-fnord 11y ago
Author says they were influenced by a class from Bard College. I will note that Bard is home of the far-left Levy Institute think tank. It's hypocritical too, because institutions like Bard and UMKC are home to a lot of heterodox econo
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by vezzy-fnord 11y ago
C.H. Douglas and the Social Credit movement were absolutely immense during the Depression period and slightly afterwards (especially in Canada). His philosophy was a syncretic mix of positive economic theory, Christian philosophy and policy
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The Constitution Revisited(c4ss.org)
1 points by vezzy-fnord 11y ago|0 comments
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by vezzy-fnord 11y ago
The comment about using it as a reference for an OS class greatly disturbed me. Hopefully it was facetious.
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by vezzy-fnord 11y ago
But what is better? Even outside of it? If you don't know the answer to that question, then you are in no position to draw sweeping false dichotomies and grand proclamations as you did above. I have no interest in being your history
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by vezzy-fnord 11y ago
I never said anything of Linux (I am critical of it), and I don't know how you came up with this odd Linux/Solaris dichotomy.
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by vezzy-fnord 11y ago
Bryan Cantrill seems to have some personal interest in denigrating OS research (defined as virtually everything post-Unix) as all being part of a misguided "anti-Unix Dark Ages of Operating Systems". He has expressed this sentimen
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by vezzy-fnord 11y ago
Freshwater and saltwater are anachronistic distinctions that no longer apply. They were highly aggregated and misleading definitions even when they were relevant. The Chicago School has always been quite diverse, from its early days with Fr
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by vezzy-fnord 11y ago
Has anyone ever believed the Linux Foundation to be anything besides an ad-hoc promotional vehicle targeted by and toward large players? Rob Landley sums it up well: http://landley.net/notes-2010.html#18-07-2010
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by vezzy-fnord 11y ago
Not at all a new observation. The Cambridge Keynesians of the post-WWII era deliberated various models of growth, income distribution and business cycles that had the curious property of assuming that the rate of growth is actually counterv
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by vezzy-fnord 11y ago
Sovereign immunity is waived in case of monetary damages, so I believe they already can. Nor is there any reason why in principle they shouldn't, if the inverse is permitted.
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by vezzy-fnord 11y ago
One reason he doesn't browse the web is that non free software javascript would somehow hurt him. Not using social media is considered a badge of honor by many. Not using the web (although that's not entirely true in RMS' c
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by vezzy-fnord 11y ago
At least when it comes to economics, the actual leftists are definitely on the fringe. I don't mean New Keynesian partisans like Paul Krugman. Actual Post-Keynesians (particularly Kaleckians and MMTers) and Marxians are rare, though pe
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The European right and the GOP(econlog.econlib.org)
1 points by vezzy-fnord 11y ago|0 comments
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by vezzy-fnord 11y ago
I think you're trying to hint towards the Financial Instability Hypothesis, but you're misstating it. You seem to be implying that any credit-driven financing at all is inherently distortionary. trickles down Trickle-down econom
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by vezzy-fnord 11y ago
Also worth adding is that the rise of "outsider" presidential candidates who gain large momentum (as the author mentions Trump and Sanders) has in fact been a staple of U.S. politics and seems to occur in intervals once every 12-2
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by vezzy-fnord 11y ago
Even Catholics are quite inconsistent. There's the oddly progressive Old Catholic Church that split off from the mainline at the turn of the 19th century over papal infallibility. There's the sedevacantists who think all Catholic
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by vezzy-fnord 11y ago
Oh, I fully agree on programming and software development. It's mostly pseudoscience and a swath of tacit unquestioned assumptions. Same with theoretical computer science the moment it steps out of discrete mathematics and combinatoric

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