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Dec 26 2015 12:21am
Quote (Goomshill @ 25 Dec 2015 17:43)


Who drew this?
The style reminds me of one of the artists of Slaine
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Dec 28 2015 05:55am
If I was a congressman..


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Dec 28 2015 04:31pm
Quote (cambovenzi @ Dec 28 2015 06:55am)
If I was a congressman..


http://i.imgur.com/m3VY8PF.png


libertarians giving economics lessons

aren't you guys the pariahs of economics? it's why no one takes your people seriously afaik

This post was edited by duffman316 on Dec 28 2015 04:32pm
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Dec 28 2015 05:03pm
Quote (duffman316 @ Dec 29 2015 12:31am)
libertarians giving economics lessons

aren't you guys the pariahs of economics? it's why no one takes your people seriously afaik


Inb4 references to Einstein being laughed out of places before his success.

On a serious note, i dislike the view that economics is somewhat a hard science. That's bullshit, it's as soft as sociology or social psychology and political science, but since you can have some math in it, it suddenly becomes to some a method of obtaining the objective truth. The logically derived truths are truths only within one axiomatic system. What the axioms are reflect our values: what do we use economics for? What is money? Does it have a linear value to amount ratio? Private property?

Seeing economics as an absolute ends up with a completely ass-backwards position; economics is dictating what we do, instead of the other way around. Economics isn't an entity out there somewhere living its own life. When a libertarian lectures people about economics, he's lecturing about libertarian economics. There is nothing but logical derivation (with ridiculous speculation filling in the blanks) that resulrs essentially in a tautology. What's more important is to discuss what will such an economical model achieve and how it would help improve the quality of life for everyone involved in the system.

This post was edited by Neptunus on Dec 28 2015 05:09pm
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Dec 28 2015 05:11pm
Quote (Neptunus @ Dec 28 2015 07:03pm)
...What's more important is to discuss what will such an economical model achieve...


Slavery similar to feudalism.
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Dec 28 2015 05:48pm
Quote (RiskOfFire @ Dec 29 2015 01:11am)
Slavery similar to feudalism.


In that moment, all they have left is what nobody can take away from them: their liberty (sic) :D

This post was edited by Neptunus on Dec 28 2015 05:48pm
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Dec 28 2015 05:53pm


This post was edited by ChrisKz on Dec 28 2015 05:55pm
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Dec 28 2015 05:56pm
Quote (ChrisKz @ Dec 28 2015 05:53pm)


Newfag
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Dec 28 2015 05:57pm
Quote (Thor123422 @ 28 Dec 2015 19:56)
Newfag


kek
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Dec 28 2015 10:01pm
Quote (Neptunus @ Dec 28 2015 07:03pm)
Inb4 references to Einstein being laughed out of places before his success.

On a serious note, i dislike the view that economics is somewhat a hard science. That's bullshit, it's as soft as sociology or social psychology and political science, but since you can have some math in it, it suddenly becomes to some a method of obtaining the objective truth. The logically derived truths are truths only within one axiomatic system. What the axioms are reflect our values: what do we use economics for? What is money? Does it have a linear value to amount ratio? Private property?

Seeing economics as an absolute ends up with a completely ass-backwards position; economics is dictating what we do, instead of the other way around. Economics isn't an entity out there somewhere living its own life. When a libertarian lectures people about economics, he's lecturing about libertarian economics. There is nothing but logical derivation (with ridiculous speculation filling in the blanks) that resulrs essentially in a tautology. What's more important is to discuss what will such an economical model achieve and how it would help improve the quality of life for everyone involved in the system.


Economics is a social science governed by human emotions not logic, which is the reason why most posters here will never understand it or how it governs a market. And its purpose is to maximize the long term happiness/utility in a market.
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