New Book Launch

[sjfan]

Not even acknowledging my (actually sincere) offer?

Quote from morganist:

I invent aggregate demand controls. That is part of what the Treasury and Bank of England do. They wanted me to do a tailored aggregate demand system for the UK. That is doing the job of the Treasury and Bank of England.

 

[marketsurfer]

Quote from sjfan:

This means the 'think thank is clearly silly. You lost credibility here.




Look, we've crossed swords before. But, as an institutional macro trader with formal trading in economics, I'm willing to give it an honest read and write a review (while I may not agree with it, I can guarantee to be civil and professional in my views).

That being said, I'm not going to buy it.

Trying to get free books, SJ??

 

[jo0477]

Quote from emg:

Don't mind if i write a testimonial?

Excellent book! Small traders that represent more than 90% of losers should read this spectacular book. One of it kind!


emg

yeah, we get it "they lose, they just lose"... every thread I open I have to read the same line.

Did you even open the link to see what the subject was?

I'm not going to pass any judgment on the quality of the work unless I've read it but I can certainly respect somebody who puts forth the effort to write.

 

[sjfan]

I do like to read... and would like to know what aggregate demand control is.

Quote from marketsurfer:

Trying to get free books, SJ??

 

[marketsurfer]

Quote from sjfan:

I do like to read... and would like to know what aggregate demand control is.

No clue but --Taxes come to mind, maybe something more draconian?

 

[sjfan]

It's something morganist came up with (or 'invented', as he likes to say).

From everything he's said, it sounds like some sort of central planning via the demand side with rather confusing mechanism for implementation. Somehow, it's also worth a lot of money (again, according to him).

It sounds like lack of basic understanding of (very basic) economics. But like I offered, I'm willing to give a fair shake at it.

Quote from marketsurfer:

Never heard of it. Taxes come to mind, maybe something more draconian?

 

[morganist]

Quote from sjfan:

It's something morganist came up with (or 'invented', as he likes to say).

From everything he's said, it sounds like some sort of central planning via the demand side with rather confusing mechanism for implementation. Somehow, it's also worth a lot of money (again, according to him).

It sounds like lack of basic understanding of (very basic) economics. But like I offered, I'm willing to give a fair shake at it.

Here is a link to a paper that discusses aggregate demand management. A similar concept anyway.

http://econ.blog.us/Teaching_Folder/Econ_202b/readberk/Diamond.pdf

 

[marketsurfer]

Pullman's capitalist utopia type stuff, Ripley's brook farm?

 

[sjfan]

So you didn't 'invent' it? Also, I don't think this paper is about what you are thinking about (it's not about controlling anything; it has to do with natural (or lack of) rate of unemployment; and yes, I've read it before).

Now, dodging my offer? Why?

Quote from morganist:

Here is a link to a paper that discusses aggregate demand management. A similar concept anyway.

http://econ.blog.us/Teaching_Folder/Econ_202b/readberk/Diamond.pdf

 

[morganist]

Quote from marketsurfer:

Pullman's capitalist utopia type stuff, Ripley's brook farm?

Interesting!

Not really. I use completely different methods than before.

Also you have to understand there are issues with monetarism and supply side theories and how they interact with the money supply when delivering a banking system.