Just getting into economics... How long does the US economy have before it falls?

That junk about the "Fox effect" started with a paper by Stefano DellaVigna and Ethan Kaplan, "The Fox News Effect: Media Bias and Voting". http://elsa.berkeley.edu/~sdellavi/wp/foxvote06-03-30.pdf You should read it as you clearly have not.

There is great room for interpretation in the study. Della Vigna and Kaplan proposed several theories to explain their data, but they simply choose the theory "that viewers do not discount enough for media bias and are subject to non-rational persuasion. In this case, exposure to media slant systematically alters beliefs and voting behavior."

In other words, they simply chose to believe conservatives were stupid and brainwashed. There is nothing in the study to support that theory over any other of their theories.

So? Is economics driven by majority rules or the scientific method?

More clap trap. I've read the stuff by Satoshi Kanazawa, Gordon Hodson, Brian Nosek, etc. When you read the studies, they don't conclude "conservative/republican/tea party = stupid". Thats teh work of the liberl spin media that love to twist to their advantage. Most (not all, some are just plain stupid themselves) of the studies show that people with lower intelligence tend to want structure in their lives as a way to simplify their lives. Hodsons study of prejudice and intelligence in the UK shows there is a relationship between prejudice and intelligence, he does not show a relationship between prejudice and a conservative political philosophy. His study of the US focuses on the acceptance of homosexuality, which automatically biases his results. Go to school.

 

A poor effort. You've provided no critique. The fact remains: there is evidence of right wing herding, but there isn't any from the liberal media. I appreciate that doesn't fit comfortably with your personal bias, but one can only report the empirical evidence.

Its illustrative of the impact of economics education. Typically folk could refer to a selection bias in academia (with left wingers more likely to do woolly subjects). That we find the same effect in economics is revealing.

The effect is of course wider. All of the economics experts I've encountered on here, for example, have been left orientated.

A non-reply! I've referred to the authoritarian personality and its link to anti-intellectualism. That is has been regularly linked to conservatism is just matter of fact (indeed, one of the biggest debates is whether the psychological scales used are really just good measures of picking up conservative ideology)

Given your response had no actual content I reckon that might be a good idea. All of those liberal professors are bound to be more useful

 

It is called Jewry,they have infested this country.

I suggest you go back to some of McFaddens speech's to Congress back in the 1920's,it isnt media ,and back then few had access to the information...It is as straight up as it gets

Fact of the matter is,whoever is in the White House Democrat or Repub...they are always there,and they are the biggest criminals on earth,never do they even get close to being arrested....because they will kill you.,just like they poisoned McFadden....

Q. Research who runs the Federal Reserve and what three new members were just selected by Obama?

A. Federal Reserve Chairman Ben Bernanke. His predecessors Alan Greenspan and Paul Volker.

Federal Reserve Vice Chairman Don Kohn, Board of Governors -Kevin M.Warsh, Frederic Mishkin

April 29th, 2010 Obama named three more to the Federal Reserve:

Janet Yellen as Vice Chairman, Peter Diamond and Sarah Bloom Raskin as general members – all are Jewish.

Federal Reserve District Bank Presidents:
- Eric S. Rosengren – President, Federal Reserve Bank of Boston
- Charles I. Plosser – President, Federal Reserve Bank of Philadelphia
- Jeffrey M. Lacker – President, Federal Reserve Bank of Richmond
- James B. Bullard – President, Federal Reserve Bank of St. Louis
- Gary H. Stern– President, Federal Reserve Bank of Minneapolis
- Thomas M. Hoenig – President, Federal Reserve Bank of Kansas City
- Richard W. Fisher– President, Federal Reserve Bank of Dallas
- Janet L. Yellen – President, Federal Reserve Bank of San Francisco - all are Jewish.

how about the treasury???

Treasury Secretary -Timothy Geithner, Under Secretary of the Treasury – Brainard Lael, Chief Adviser to the Treasury – Ron Bloom, Deputy Secretary to the Treasury – Neal Wolin, Special Inspector General – Neil Barofsky, Assistant Treasury Secretary – David S. Cohen, Under Secretary for Terrorism and Financial Intelligence - Stuart A. Levey, Director Financial Crimes Enforcement – James H. Freis Jr, Pay Czar – Kenneth Feinberg, Budget Director – Peter Orzag, Chief Economic Advisor – Larry Summers, Chief Economist and Economic Policy Adviser to the Vice President - Jared Bernstein, Deputy Assistant Secretary, Counselor to the Secretary – Matthew Kabaker, Counselors to the Secretary -Lewis Alexander, Lee Sachs, Jake Siewert, Gene Sperling, Economic Advisor – Robert Reich, Economic Advisor – Robert Rubin, Chair of Securities and Exchange Commission – Mary Shapiro, Chair of the Commodity Futures Trading Commission – Gary Gensler, White House Budget Chief – Jacob Lew – all are Jewish.

 

Sorry my reply was not to your liking, but you have to read the studies before you can intelligently comment about them. After you have read them, come back and we will talk.

Glad to be of some help. Here's some more advice, leave the closed mind at home and don't go to a "liberal" (I mean one sided, not "liberal" in the classical sense) school. Biased professors don't educate, they indoctrinate. Learn all the philosophies whether or not you currently believe them.

Hopefully, you will learn critical thinking. Then read the studies from the authors I mentioned and restate your position.

 

Empty comment. You've offered nothing to dispute the validity of my comment. The bogus attack on the Fox Effect paper was particularly low brow. Want to look clever? Refer to an article that, with some econometric correction or other counter that achieve intellectual merit, dismisses its robustness. I look forward to you putting more effort in it!

I already knew the benefits of professorial intellectualism. Nice to see you bigging yourself up

Classical liberals? They're dead. You got a clairvoyant handy? Please don't be another mises.org victim. They're two a penny!

Always adopted a political economic approach where pluralism is central. I don't see any of that with you dear chap

You've given names. You haven't managed to give proper references or demonstrate how they dispute my comment. Terribly anti-intellectual in nature. Put it right!

 

Do I have to hold you by the hand and walk through it like a school child? You have a computer, google the names, read the papers. Education takes effort, which is probably why so many on the left are so ignorant.

 

An anti-intellectual reply in its self. You've been set tasks. Get going. If you can't then I'll have a laugh anyhows

 

lol, very funny. I don't work for you. Do your own research. You will learn more that way.

 

My research? You're having a laugh! I've referred directly to numerous issues and you've attempted to offer a rebuke. Now that I'm asking for details you're squirming. Are you telling me you can't provide any references? I did of course assume that was the case

 

I was correct after all. You want me to lead you by the hand like a child. If you are too lazy to spend 30 minutes on your own to read a few papers, then you don't really want to know. Which is what I expected since from your vapid posts it appears you just like to argue. When you are ready to actually engage in meaningful discussion and have the prerequisites, I will speak with you.

You know what they say about "assuming"....it makes an ass out of u and me (although in this case just "u").

 

That can't be the case as you haven't said anything. You've attempted a rebuke but, when asked for references, you've hid. Clearly you cannot support your argument. Amusing outcome though, given the conversation was about the inability of the typical right winger to undertake intellectual economic comment. Cheers!

 

Your responses are similar to a bot. Are you a real person (and thats a real question)?

 

Afraid yours have just been dull as dishwater in its dodge. We both know that you can't provide the required references. Keep going though as it can only help in confirming the validity of the points made

 

All I can tell you is that we had a balanced budget and were ready to pay down on the debt (thanks to Republicans AND Democrats) when George W. Bush took over. That it itself should dispel any notions you have regarding supply-side economics. The boy just didn't understand that we were already over-supplied when he decided to over-supply it some more with massive tax breaks, all of which only managed to force-feed the already obese casinos. Kinda like what the French do to geese before they make pate.

 

Capitalism will not work across world boundaries (countries) because one country has no concern for the good of mankind or the environment while the other does. The unconcerned countries allow children and poor people to work endless hours with no protections. Should this be rewarded? Until all countries abide by the same principles, the most caring will be defeated by the uncaring due to the money they save by treating human beings as cattle and the environment as a trash dump. Unless all contries abide by the same standards, only tariffs will level the playing field so the most responsible and caring will recieve the greater benefit instead of the worst. Tariffs will be a cost (tax) incurred by the uncaring for not caring.