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  1. J

    GDP is not sufficient.

    Measuring what matters Sep 17th 2009 From The Economist print edition Man does not live by GDP alone. A new report urges statisticians to capture what people do live by Illustration by Jac Depczyk HOW well off are Americans? Frenchmen? Indians? Ghanaians? An economist’s simplest...
  2. J

    Economic Theories don't work.

    Actually economics is beautiful science. One of the most beautiful and mysterious. Due to its importance it has been manipulated by politicians and other interests. There is no theory in economics, there is just economics. Theories have invented mostly by those infecting economics with their...
  3. J

    Best Economist??? Milton Friedman vs Ludwig von Mises vs John Keyness

    what about texas??? I never questioned his sanity. I would question yours in case..........
  4. J

    Best Economist??? Milton Friedman vs Ludwig von Mises vs John Keyness

    He is only but beautiful talk. Good economic thinking but too extremist as most austrians are anyways.
  5. J

    Best Economist??? Milton Friedman vs Ludwig von Mises vs John Keyness

    Milton Friedman vs Ludwig von Mises vs John M. Keynes These 3 men have revolutionized economics more than anyone else in the 20th Century. But............. Who do you think is the best Economist of all three??
  6. J

    45% world's wealth destroyed

    NOT DESTROYED.............BUT TRANSFERRED UPSTAIRS.
  7. J

    Fed Asset Scheme

    Assessing quantitative easing Muzzled Aug 13th 2009 | WASHINGTON, DC From The Economist print edition Politics stops the Fed from expanding an asset-purchase scheme BACK IN 2002, before he became chairman of the Federal Reserve, Ben Bernanke claimed that if short-term interest rates...
  8. J

    Empirical Economics

    Economics focus Cause and defect Aug 13th 2009 From The Economist print edition Instrumental variables help to isolate causal relationships. But they can be taken too far Illustration by Jac Depczyk “LIKE elaborately plumed birds…we preen and strut and display our t-values.”...
  9. J

    Thanks to the Fed I wont have to pay the whole 90,000 in student loans

    At the current level of inflation i see myself paying a real fraction of today's monthly payments. 15 years from now it wont even matter in my personal budget.
  10. J

    Gold's future over the next 5 years.......

    Will Gold appreciate or depreciate in the next 5??
  11. J

    All Economic Topics Here. Write All You Want!!!

    Bubble Economics: The Illusion of Wealth Mises Daily by Doug French | Posted on 8/12/2009 12:00:00 AM The economic position that the United States is now in is the result of a series of economic bubbles. To explain the nature of bubbles, I'm going to start by talking about their history...
  12. J

    All Economic Topics Here. Write All You Want!!!

    There are plenty of topics to talk about. Write all you want, share with others and discuss today's economic issues. I find my self eager to exchange discussions about all of them. 1- Healthcare 2- Real Estate market 3- Debt Bubble 4- Deficit Spending/National Debt 5-...
  13. J

    With so many people so heavily indebted, is recovery even possible?

    And I believe it has hit its end. Interesting times are still ahead of us as banks find themselves none to give debt/money to. As for you my friends try bankruptcy. It is the fastest way to freedom and to ensure you will not fall into debt again.
  14. J

    $73,000 for a 1 night stay in hospital because of a snake bite

    Yep, I was shocked when I learned the hard truth. The media in this country dont lie. They do something even worse...............they dont tell you the whole truth.
  15. J

    $73,000 for a 1 night stay in hospital because of a snake bite

    :confused: :confused: :confused:
  16. J

    Europe Socialism vs. American Socialism. Europe for all, America for a few.

    If unemployment and taxes were all that mattered in a society I would say you are 100% right. However, I believe statistically you are correct but there is way much more to take into account when you compare different systems.
  17. J

    Fed Monetization....Printing Money To Buy Its Own Bonds....

    don't get confuse is just a bookkeeping entry. Ever taken ACC-101???
  18. J

    This cash for clunkers seems to be working.

    It seems to be working because the money is flowing from the bottom up creating a realistic flow of the economic system. However, this is done at the expense of more debt and newly created money. At the end, this practice is as bad as printing money to bail out banks (TOP-TOP FLOW).
  19. J

    Any news outlet that criticizes the government is now a terrorist in Venezuela...

    Congratulations to Chavez and his robbolution. Venezuelans will awaken when their country has been rampaged and vanquished. Just like my island, Cuba.
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