tag:blogger.com,1999:blog-8580258.post113563727946860099..comments2024-03-28T20:04:20.286-07:00Comments on One Cʘsmos: Political Entomology, Part II: Liberal Ants and Their Circular MillGagdad Bobhttp://www.blogger.com/profile/14249005793605006679noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-8580258.post-41346528573952594862008-07-28T22:59:00.000-07:002008-07-28T22:59:00.000-07:00your explanation for leftism/narcissism centers on...your explanation for leftism/narcissism centers on the person as an infant. <BR/><BR/><BR/>____________________<BR/>krishna dc<BR/><A HREF="http://blog.widecircles.com" REL="nofollow">Wide Circles</A>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8580258.post-1136165434093501482006-01-01T17:30:00.000-08:002006-01-01T17:30:00.000-08:00assistant village idiot: check your freshman econo...assistant village idiot: check your freshman economics textbook: deficit spending creating larger deficits used to stimulate economic growth (particularly when accompanied by increased government expemditures as currently) = keynesian economic stimulus<BR/><BR/>most notable recent examples: Reagan and especially President W<BR/><BR/>but please cite any reputable economic analyst that argues otherwise<BR/><BR/>you might also want to look at the congressional budget office study at<BR/><BR/>http://www.cbo.gov/ftpdocs/69xx/doc6908/12-01-10PercentTaxCut.pdf<BR/><BR/>that concludes that contrary to the "laffer curve" acolytes such as the wsj op ed folk, a 10% tax cut would at best stimulate enough economic activity to create tax revenues to recoup 22% of the lost taxes. The acolytes claim that the laffer curve teaches the cuts would be self financing.<BR/><BR/>Again a reputable contrary source is welcome.<BR/><BR/>Otherwise how about this: concede you know nothing about economics, and keep to metaphysics<BR/><BR/>And since I don't, and don't care much to, understand your metaphysics (if that's what it is), I'll stop posting comments on this metaphysical and (soon to be) non economic analysis blog.<BR/><BR/>Otherwise, I am here at the ready to, in the interest of intellectual clarity, debate your economic views.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8580258.post-1136065268015062972005-12-31T13:41:00.000-08:002005-12-31T13:41:00.000-08:00nick bwrote:"the award selectors tend to be Pseudo...nick bwrote:<BR/><BR/>"the award selectors tend to be Pseudo-Marxist NeoKeynesians all, and rarely does a sensible, workable theory or notion ever poke into their mill."<BR/><BR/>milton friedman,grandaddy of the libertarians holds a nobel prize in economics<BR/><BR/>other prominent conservative economists who have won the prize in the last 20 yrs: Joseph Stiglitz, Gary Becker, Robert Mundell (father of the "laffer" curve). <BR/><BR/>Most of the others didn't have a particularly ideological bent. Although you may feel that " rarely does a sensible, workable theory or notion ever poke into their mill." <BR/><BR/>In fact many of the prize winners have written theories so workable they are used on a daily basis by the millions of us working on a daily basis in the financial markets. Ever heard of 'portfolio theory" "beta" "option pricing" just a few of the "workable" theories from Nobel Prize winners<BR/><BR/> You can peruse the whole list and draw your own conclusions at<BR/><BR/>http://nobelprizes.com/nobel/economics/economics.html<BR/><BR/>but you might have to know something about economics to make an informed judgement.<BR/><BR/>btw the Nobel Prize in economics began in 1969. It was never awarded to Keynes<BR/><BR/>damn those facts, they always get in the way<BR/><BR/>btw good way to judge an academic's work - dismiss them if their university doesn't meet your ideological standards. Exactly what you decry about the pc leftiesAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8580258.post-1135743695176466692005-12-27T20:21:00.000-08:002005-12-27T20:21:00.000-08:00Soros did very well attacking the British Pound wi...Soros did very well attacking the British Pound with excellent timing. You will notice he's not doing as well lately.<BR/><BR/>lalarry, here's a bit of concrete evidence you can chew on. Despite the conventional wisdom and the MSM counting the November election -- or at latest the inauguration -- of a president as the beginning of "his" economy, a moments thought will reveal that a newly elected president has virtually no influence on the economy and even after inauguration, very little effect at first. The debating and legislation tend to take a bit of time, the laws have to actually go into effect, and their influence on the economy takes some time to develop.<BR/><BR/>When you superimpose the very sensible 18-24 month delay between election and dominant policy effect of the new president, it becomes blindingly obvious what tax cuts do for an economy. The Bush economy runs from 2002-2010; the Clinton economy from 1994-2002; Bush 41 1990-1994; Reagan 1982-1990; Carter 1978-1982.<BR/><BR/>Funny. About opposite of the Keynesian -- and your -- claim.Assistant Village Idiothttps://www.blogger.com/profile/01978011985085795099noreply@blogger.comtag:blogger.com,1999:blog-8580258.post-1135728137959651262005-12-27T16:02:00.000-08:002005-12-27T16:02:00.000-08:00Plodding back in the direction of the thread, it o...Plodding back in the direction of the thread, it occurred to me that a telling example of independent decision-makers were those on 9/11/01 who ignored the WTC's designated "anti-panic" but clueless security employees, consulted their intuition, and headed for the stairwells.<BR/><BR/>As to Soros and others, of course the occasional "expert" pulls it off, hence their reputations. I think Surowiecki is referring to the <EM>probabilities</EM>, the most likely fostering environment, for obtaining practical wisdom on an amorphous multi-variable matter. However, it's more a provocative "new-model" book than one persuasively documented. Metaphors, not data. <BR/><BR/>On an anecdotal level, I have discovered the very idea of emergent, practical, unpredictable and sometimes counter-intuitive conclusions makes progressives uncomfortable. They just huff about popular stupidities and give counter-examples in which experts seem to know best.<BR/><BR/>From a new and wildly uncharacteristic posture, I won't try to figure out why.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8580258.post-1135726711529903512005-12-27T15:38:00.000-08:002005-12-27T15:38:00.000-08:00Oh, yeah:Hint #2: Keynes. The 1990s. Japan. Still ...Oh, yeah:<BR/><BR/>Hint #2: Keynes. The 1990s. Japan. Still more BAAAADD JUJU.OBloodyHellhttps://www.blogger.com/profile/09992539380115488567noreply@blogger.comtag:blogger.com,1999:blog-8580258.post-1135726631623172902005-12-27T15:37:00.000-08:002005-12-27T15:37:00.000-08:00Damn. Nicely summarized piece, Bob.> lalarry said...Damn. Nicely summarized piece, Bob.<BR/><BR/>> lalarry said...<BR/><BR/>You'll note the lack of an original thought, here. He just aped what you already did with his own perspective.<BR/><BR/>> nobel prize in economics<BR/><BR/>Nuff said. Not quite as damning as, say, a Nobel PEACE prize, but close.<BR/><BR/>The award selectors tend to be Pseudo-Marxist NeoKeynesians all, and rarely does a sensible, workable theory or notion ever poke into their mill.<BR/><BR/>Hint: Keynes. The 1970s. BAAAADD JUJU.<BR/><BR/>Now, if you quote the Austrians or the Chicago school (I dunno about Thaler) on this, it <I>might</I> carry some weight... but <BR/>Yale? <BR/>Princeton? <BR/>Pfeeagh!OBloodyHellhttps://www.blogger.com/profile/09992539380115488567noreply@blogger.comtag:blogger.com,1999:blog-8580258.post-1135720955609506622005-12-27T14:02:00.000-08:002005-12-27T14:02:00.000-08:00That's it, lalarry. Rove is going to hear about t...That's it, lalarry. Rove is going to hear about this.Gagdad Bobhttps://www.blogger.com/profile/14249005793605006679noreply@blogger.comtag:blogger.com,1999:blog-8580258.post-1135720411695190192005-12-27T13:53:00.000-08:002005-12-27T13:53:00.000-08:00l am glad to see lalarry weigh in immediatly after...l am glad to see lalarry weigh in immediatly after I refferred him to Bob. And I am hoping that some (more) sophisticated debate emerges.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8580258.post-1135719857035953812005-12-27T13:44:00.000-08:002005-12-27T13:44:00.000-08:00Dr. Godwin,I've been a regular reader of yours sin...Dr. Godwin,<BR/><BR/>I've been a regular reader of yours since very near the beginning of your blog, and am also about half-way through your book. <BR/><BR/>In my layman's understanding, your explanation for leftism/narcissism centers on the person as an infant. <BR/><BR/>Would you care to comment on the Large Group Awareness Programs (LGATs) like EST and LifeSpring that were so popular in the 70’s and 80’s? <BR/><BR/>What did these “reprogramming” programs actually do to their participants? Was there more good than harm, or more harm than good? Could they have made narcissists out of normal persons, or were they all predisposed to the message?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8580258.post-1135719375876535342005-12-27T13:36:00.000-08:002005-12-27T13:36:00.000-08:00My Dear Doctor,Your opus arrived while I was visit...My Dear Doctor,<BR/><BR/>Your opus arrived while I was visiting the relatives for Christmas, and I avidly consumed the first pages late last night even as I was nodding off into my warm milk after the long drive home.<BR/><BR/>Meanwhile your F.U.Q. post of yesterday provided a spindle to wrap my bloggic refocusing about...AND, I gave you a new nickname, The Celebrated Jumping Gagdad of Calabasas.<BR/><BR/>Here--http://newvictorian.blogspot.com/2005/12/politics-must-aim-at-something-that.html<BR/><BR/>Not a bad day's work, sir.<BR/><BR/><I>We're going to laugh all the way to the First Universal Uninentity Cosmic Bank and Grill...</I>Robert Pearsonhttps://www.blogger.com/profile/01357942424904415208noreply@blogger.comtag:blogger.com,1999:blog-8580258.post-1135718278298896232005-12-27T13:17:00.000-08:002005-12-27T13:17:00.000-08:00Hmm let's see WSJ op ed following the american ent...Hmm let's see WSJ op ed following the american enterprise and heritage institute, weekly standard following the national republic following fox news following rush, folling sean following Bill O following krauthammer following medved prager coulter ingraham...no conservo msm echo chamber ? As for all economists knowing crowds best allocate resources: take a look at Robert Shiller (Yale), Richard Thaler(univ of chicago, Daniel Kahneman (Princeton, nobel prize in economics) on how irrationally crowds allocate that all important scarce resource called capital. State of the art in economics is benavioral economics which focuses precisely on the irrationality of individuals' economic choices.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8580258.post-1135716454470877842005-12-27T12:47:00.000-08:002005-12-27T12:47:00.000-08:001. george soros consistently way overperformed the...1. george soros consistently way overperformed the wishire 5000 during his tenure.Wisdom of an expert ?<BR/><BR/>2. 60% + of the american people believe the world was literally created in 7 days, a similar percentage (including the president if he is truly evangelical) believe the bible is the literal word of god. Wisdom of crowds ?<BR/><BR/>3. the wsj/fox oped and it's ilk msm consistently assert that tax cuts will create enough tax receipts through growth to prevent an increase in the deficit and that there is a correlation between tax cuts and economic growth and dividend tax cuts and stock mkt performance despite the lack of empirical evidence. Studies by both objective economists at the Fed and CBO debunk these wsj - msm myths. Pls cite a refereed academic paper that supports the Laffer (laugher) curve. It was written on the back of an envelope for a reason - there is no evidence. Wisdom of the conservative msm ?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8580258.post-1135707838524256792005-12-27T10:23:00.000-08:002005-12-27T10:23:00.000-08:00And yet, people DO get away from the circle; gener...And yet, people DO get away from the circle; generally they don't have their entire being invested in the circle. The cost of admission is high, and the dues are assessed daily.<BR/><BR/>ed in texasAnonymousnoreply@blogger.com