The "No Problem" Attitude

[I AM NOT THAT GUY 5,715]

We can control the experiments in physics whereas economics cannot.

The scientist would not want to control the experiment, only account for the variables he is trying to observe, in both cases. However, there is an interesting corollary to the Heisenberg uncertainty principle that would actually state no experiment could be independently observed, that the merest observation affects the outcome of an event.

Heisenberg only applies to tiny objects.

The effect is negliblee in the macro world, but it is still measurable, none the less.

[w¡n9Nµ7 §£@¥€r 123]

Measurable is irrelevant if the metrics are negligible.

[Peikko 1,575]

Matt, you don't believe in society - just individuals. Therefore economics can be precisely predicted. Such a shame that human beings don't behave as you believe they should. That must suck because that fact fucks the 'science' of economics out of the water. People make decisions on what they consider is the best outcome for themselves, sure, but often times they are flat out WRONG. People do formulate groups and behave differently within those groups, be they simply family orientated, inclusive of friends, neighbourhoods, church groups, whatever than they would if they were all individuals purely operating on a 'me first' agenda.

In other words, your premise (and that of your Austrian nobel prize winning friend) is flawed

Still, it's always interesting to explore economics.

Edited June 1, 2009 by Madame Cleo

[I AM NOT THAT GUY 5,715]

Measurable is irrelevant if the metrics are negligible.

But, they have Heisenberg compensators on Star Trek!

[Niels Bohr 72]

Measurable is irrelevant if the metrics are negligible.

But, they have Heisenberg compensators on Star Trek!

Geezes.

[w¡n9Nµ7 §£@¥€r 123]

You can't argue with that.

[almaty 19]

only a genius or trekkie could

[scandal 951]

only a genius or trekkie could

which one are you?

[almaty 19]

i am a chopf##k.....

[Chica Yeyé 41]

i am a chopf##k.....

1st class, no less!

[Hilarious Clinton 452]

I still want to know what tsunami avoidance is.

A metaphor.

Well, duh, but what does it refer to?

Does the author say, anywhere, what form of investments would be considered tsunami avoidance?

read this

http://www.amazon.com/Bankruptcy-Our-Natio...g/dp/089221693X

[mRx 16]

Matt, you don't believe in society - just individuals. Therefore economics can be precisely predicted. Such a shame that human beings don't behave as you believe they should. That must suck because that fact fucks the 'science' of economics out of the water. People make decisions on what they consider is the best outcome for themselves, sure, but often times they are flat out WRONG. People do formulate groups and behave differently within those groups, be they simply family orientated, inclusive of friends, neighbourhoods, church groups, whatever than they would if they were all individuals purely operating on a 'me first' agenda.

In other words, your premise (and that of your Austrian nobel prize winning friend) is flawed

Still, it's always interesting to explore economics.

MC, I guess you've got me all figured out. Sigh.

The axiom, in case you missed it, was individuals make economic decisions in the belief that they will be better off than they were before. In formulating your thesis of my flawed premise, you evaded one pertinent word of the axiom: belief. Individuals make mistakes; I don't (and never have) believed the contrary. However, they act in the belief that they will be better off--And again, this is a priori and undisputable. So your strawman position fails.

Individuals can act in a concerted manner, but this by no way means that the group is acting; for only individuals are capable of action. Just as only trees are capable of dying; not forests.

So, no, your illogical conclusions don't debunk the fundamental economic axioms. I do however, get a kick out of how you spice up your writing with covert snide remarks. It speaks volumes of your character. Until next time, Cheerio.

[Peikko 1,575]

I know, my character is voluminous.

Would that I took myself as seriously as others surely do.

[PhiLandShiR 18]

I still want to know what tsunami avoidance is.

A metaphor.

Well, duh, but what does it refer to?

Does the author say, anywhere, what form of investments would be considered tsunami avoidance?

Heroin, Cocaine, maybe some marijuana...

You know, those items that will always have demand no matter what the current economy is....

-P

Edited June 1, 2009 by PhiLandShiR

[mRx 16]

I still want to know what tsunami avoidance is.

A metaphor.

Well, duh, but what does it refer to?

Does the author say, anywhere, what form of investments would be considered tsunami avoidance?

Heroin, Cocaine, maybe some marijuana...

You know, those items that will always have demand no matter what the current economy is....

-P

Investment-wise, I'm going long on Dinty Moore Beef Stew.