Economics courses do not teach how the economy works.

Discussion in 'Economics & Trade' started by Kode, Sep 28, 2017.

  1. james M

    james M Banned

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    if you can show ignorance of economics I will pay you $10,000
    Bet? run away or try to change the subject once again?
     
  2. rahl

    rahl Banned

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    already shown.

    Do you prefer to send me a cashiers check, money order, or paypal?
     
  3. james M

    james M Banned

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    obviously if you had shown conservative ignorance on economics you would be happy to show it over and over again. Ever see a conservative afraid to debate? What does that teach you?
     
  4. Baff

    Baff Well-Known Member

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    WTF is "civics".

    What kind of a school did you attend?
    Please name it so we can all avoid sending our children there.
     
  5. Reiver

    Reiver Well-Known Member

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    Where did Marx refer to 'natural' monopoly? Let's have a quote! Also provide a quote where Schumpeter rejected his creative destruction (which referred to monopoly power, by definition). Good luck!
     
  6. james M

    james M Banned

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    everywhere it was a huge part of his critique of capitalism!!!
    State monopoly capitalism - Wikipedia
    https://en.wikipedia.org/wiki/State_monopoly_capitalism

    The theory of state monopoly capitalism was initially a Marxist doctrine popularised after World War II. Lenin had claimed in 1916 that World War I had transformed laissez-faire capitalism into monopoly capitalism, but he did not publish any extensive theory about the topic. The term refers to an environment where the state ...
    The main thesis - ‎Political implication - ‎Neo-Trotskyist theory - ‎Criticism
     
  7. rahl

    rahl Banned

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    ive shown it over and over.

    you never answered how you would like to pay me.
     
  8. james M

    james M Banned

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    obviously if you had shown conservative ignorance on economics you would be happy to show it over and over again. Ever see a conservative afraid to debate? What does that teach you?
     
  9. rahl

    rahl Banned

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    ive shown it over and over.

    you never answered how you would like to pay me.
     
  10. james M

    james M Banned

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    obviously if the liberal had shown conservative ignorance on economics he would not be so afraid to present his best example. Ever see a conservative afraid to debate? What does that teach you?
     
  11. rahl

    rahl Banned

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    ive shown it over and over.

    you never answered how you would like to pay me.
     
  12. Econ4Every1

    Econ4Every1 Well-Known Member

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    If you don't mind I'll take a shot.

    At its core economics a subject that evaluates the allocation of real resources and labor.

    When discussing the economy, I think economics can be broken into 2 main categories:

    1) Economic accounting (the "math" of economics)

    2) Political economic policy (The decisions made based on the interpretation of economic accounting).

    Now that was off the cuff, feel free to improve on it.
     
  13. james M

    james M Banned

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    economics is about capitalism versus libsocialism. When it strays it strays into irrelevance.
     

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