Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature currently requires accessing the site using the built-in Safari browser.
This doesn't mitigate the fact that people use WW2 as the basis for the US getting out of the GD.
If that's what it really took us to strengthen our economy, then I'd rather be poor.
Japan sneaked us. We dropped some bombs on them. All of the rest of the bullshit wasn't necessary. We were attacked around the beginning of the war, and waited until the END to finally retaliate against our original aggressors.
Everything in between those two events was nonsense.
My impression in reading the above is that you are joking or you have a serious misunderstanding of history as regards the conflict in the Pacific. A lot of very brave young men died in the Pacific Theater of the war. That island hopping campaign was expensive in human life. We finally got close enough so we could fly bombers from the islands near Japan. We were in a position to be able to bomb Japan back to the stone age. Being able to do so and demonstrating it in marked fashion brought an end to the war.
This doesn't mitigate the fact that people use WW2 as the basis for the US getting out of the GD.
If that's what it really took us to strengthen our economy, then I'd rather be poor.
Japan sneaked us. We dropped some bombs on them. All of the rest of the bullshit wasn't necessary. We were attacked around the beginning of the war, and waited until the END to finally retaliate against our original aggressors.
Everything in between those two events was nonsense.
My impression in reading the above is that you are joking or you have a serious misunderstanding of history as regards the conflict in the Pacific. A lot of very brave young men died in the Pacific Theater of the war. That island hopping campaign was expensive in human life. We finally got close enough so we could fly bombers from the islands near Japan. We were in a position to be able to bomb Japan back to the stone age. Being able to do so and demonstrating it in marked fashion brought an end to the war.
I suppose you misunderstood what I meant. We spent 4 years fighting against other countries that had nothing to do with attacking us. Japan attacked us. Why that means we should just go all in and spend 4 years fighting in the entire world war, I'll never understand.
OMG! Yes! I have learned to stay away from witch doctors. I know that they have mojo, and it works. Seriously, my first encounter with witch doctors was in the South Seas on the island of Tutuila in the Samoan Island chain way back in 1954. My stunningly beautiful step mother, a teenage girl who was my fathers 1000th mistress and eventual fourth wife Talila (Dad was a activen womanizer) was the "Volike" (Spoiled One who passed on the royal title to her oldest son. I am her oldest son by marriage [but not by blood] and thus have the right to claim to be the King of Samoa, but would never do so because I would be killed or hoodooed soon after making that claim.) was put under a spell because some of the local practitioners of the ancient Samoan witchcraft arts took exception to the fact that the Volike was breeding with a Palangi (The name of a foul tasting white fish that the Samoans use to derisively refer to people of European descent. Dad was a blond haired blue eyed German American -- see my Facebook photo album. Login | Facebook ). Talila was wasting away and near death and modern medical science could do nothing for her so dad hired a local witchdoctor to "heal" (remove the curse) her. The witchdoctor took leaves from two tropical plants and beat them into a poultice and at midnight applied it to Talila's body and then proceeded to beat her naked body so severely that one would be certain that she would be heavily bruised and possibly have broken ribs and other fractured bones. After an hour of beating, the witchdoctor told my father that Talila would be healed when the sun came up and the evil spirit that had been sent to kill her would have to flee. Dad was not to wash the poultice off of her, but was to leave her in the bed in her unconscious state. In the morning when the first rays of sunlight shined in on her, she awakened, and was back to normal within minutes. The evil spirit was gone, and it never returned. Witchdoctors have power. By the way, Talila had no broken bones and not one bruise on her body. The evil spirit was bruised and broken, but not her. The poultice was used to reach into the spirit world in order to beat the spirit out of Talila.Most of economic "theory" is mere hypothesis, backed up with charts and graphs attempting to prove the physically unprovable. The hard and fast rules are few and far between.Thank you. Indeed, I am wrong (I hate it when that happens! It is so embarrassing to not be right all of the time.) when they are right, but that was not the issue. The question was, am I right about economist theory occasionally being wrong?
That it is even occasionally wrong makes it a poor tool (like there's a good one to begin with) for centralized command and control of economies.
But don't tell that to the Keynesian witch doctors.
So we just ignore Germany declaring war on us?This doesn't mitigate the fact that people use WW2 as the basis for the US getting out of the GD.
If that's what it really took us to strengthen our economy, then I'd rather be poor.
Japan sneaked us. We dropped some bombs on them. All of the rest of the bullshit wasn't necessary. We were attacked around the beginning of the war, and waited until the END to finally retaliate against our original aggressors.
Everything in between those two events was nonsense.
My impression in reading the above is that you are joking or you have a serious misunderstanding of history as regards the conflict in the Pacific. A lot of very brave young men died in the Pacific Theater of the war. That island hopping campaign was expensive in human life. We finally got close enough so we could fly bombers from the islands near Japan. We were in a position to be able to bomb Japan back to the stone age. Being able to do so and demonstrating it in marked fashion brought an end to the war.
I suppose you misunderstood what I meant. We spent 4 years fighting against other countries that had nothing to do with attacking us. Japan attacked us. Why that means we should just go all in and spend 4 years fighting in the entire world war, I'll never understand.
So we just ignore Germany declaring war on us?My impression in reading the above is that you are joking or you have a serious misunderstanding of history as regards the conflict in the Pacific. A lot of very brave young men died in the Pacific Theater of the war. That island hopping campaign was expensive in human life. We finally got close enough so we could fly bombers from the islands near Japan. We were in a position to be able to bomb Japan back to the stone age. Being able to do so and demonstrating it in marked fashion brought an end to the war.
I suppose you misunderstood what I meant. We spent 4 years fighting against other countries that had nothing to do with attacking us. Japan attacked us. Why that means we should just go all in and spend 4 years fighting in the entire world war, I'll never understand.
I suppose you misunderstood what I meant. We spent 4 years fighting against other countries that had nothing to do with attacking us. Japan attacked us. Why that means we should just go all in and spend 4 years fighting in the entire world war, I'll never understand.
Keynes is a "real" economist. It isn't a serious statement to say otherwise.
......... the sky is blue.
The sky is blue most of the time except for when it is overcast. Keynes was a real economist and his theories are right most of the time except for when they are not.
My understanding of economists is that most of them are divided on theory, and that the theory seems to explain most of what happens except for when it does not. Right now we are starting to see one of those "does not" phases in the global and national economy.
Am I right or am I wrong?
My point was not, in any way, about the men themselves...The father of my departed best friend was ground crewman for them.I have shared many a beer with several of the Flying Tigers. In the late sixties several of them were living down in Manzanillo, Colima, Mexico in the winter and used to gather for beers and idle talk in the Social Bar in the central plaza in Manzanillo. Though they could fly fighters out of southern China to support the non communist Chinese element, they were all in agreement that we could not launch consistent heavy bombing runs against Japan from China (distance, logistics and massive corruption). I will answer any query that questions our fighting men conduct in WWII. I am an historian and ex military officer and will not see the brave sacrifice of our men in that war with Japan maligned in any way. Provided there is no further comment on this topic, I will end my responses here.
Most of economic "theory" is mere hypothesis, backed up with charts and graphs attempting to prove the physically unprovable. The hard and fast rules are few and far between.Thank you. Indeed, I am wrong (I hate it when that happens! It is so embarrassing to not be right all of the time.) when they are right, but that was not the issue. The question was, am I right about economist theory occasionally being wrong?
That's like saying Josepf Mengele made great contributions to medicine.
You've got to be kidding?
Melissa Frances - an actress who played a girl on Little House on the Prairie and who is now a mid-day anchor on a network with viewership of 250,00 a day - chuckles at what Robert Reich - a Rhodes Scholar, Ph.D., professor at Harvard and former Secretary of Labor - says and this is thread-worthy?
Surely, this is a joke.
What next, Paris Hilton laughing at Hillary Clinton?
50+% youth unemployment. AAA credit in jeopardy. The Dollar no longer the world reserve currency. Nuclear Iran testing missiles and Obama goes to Denmark.
Yeah, there's a joke in there and it's called the Obama Administration and the Pelosi Congress
Youth unemployment is not 50%.
AAA rating is not in jeopardy (yet).
The dollar is still the world's reserve currency.
Which it is.Most of economic "theory" is mere hypothesis, backed up with charts and graphs attempting to prove the physically unprovable. The hard and fast rules are few and far between.Thank you. Indeed, I am wrong (I hate it when that happens! It is so embarrassing to not be right all of the time.) when they are right, but that was not the issue. The question was, am I right about economist theory occasionally being wrong?
This is incorrect.
Modern economics is almost purely empirically and data driven. You cannot be an economist anymore without being a highly-trained mathematician. For example, what is known as "The Chicago School" is not really about free markets but is about empiricism.
The criticisms of modern economics is that the empiricism is too detached from the real world.
And the problem with pointy headed Keynesian ivory tower dwellers is that they think they're smart enough to determine what is best for millions of people whom they don't even know.The problem with this framework is that the economists make assumptions in their models about human behavior that is not often correct to support the idea that markets always clear.
People who make assumptions that markets always clear make the following assumptions
1. People are always or most often are rational.
2. People maximize utility.
3. The distributions of outcomes follow a Gaussian or "normal" distribution curve that looks like a bell curve.
Markets, like water, seek their own levels. Keynesian witch doctors live off the premise that they can make water run uphill.Markets create the most wealth for the most people most of the time. But the academic idea that markets always work is about as an irrelevant idea as any from pointy-headed academics that conservatives so like to mock.
And the problem with pointy headed Keynesian ivory tower dwellers is that they think they're smart enough to determine what is best for millions of people whom they don't even know.
No they aren't.
Keynesian cargo cultists treat his hypotheses and theories as though they are physically verified scientific phenomena, like aerodynamics or meteorology.
And the problem with pointy headed Keynesian ivory tower dwellers is that they think they're smart enough to determine what is best for millions of people whom they don't even know.
So do you, but that doesn't stop you from posting.
His idea of economics doesn't presume to offer anything that is considered "best" for people.
His idea is to let the people themselves decide what is best. In a free market, I can decide my potential fate. If I fail, then at least I failed on my own merits.
Did they fire a shot?So we just ignore Germany declaring war on us?My impression in reading the above is that you are joking or you have a serious misunderstanding of history as regards the conflict in the Pacific. A lot of very brave young men died in the Pacific Theater of the war. That island hopping campaign was expensive in human life. We finally got close enough so we could fly bombers from the islands near Japan. We were in a position to be able to bomb Japan back to the stone age. Being able to do so and demonstrating it in marked fashion brought an end to the war.
I suppose you misunderstood what I meant. We spent 4 years fighting against other countries that had nothing to do with attacking us. Japan attacked us. Why that means we should just go all in and spend 4 years fighting in the entire world war, I'll never understand.
Any economic technocracy attempting to run the whole system is voodoo. The problem with the Keynesian technocrats is that they think the technocrats are always rational.No they aren't.
Keynesian cargo cultists treat his hypotheses and theories as though they are physically verified scientific phenomena, like aerodynamics or meteorology.
And how does this differ from free market "cultists?" It is no different.
People who believe that free markets are always most efficient believe that people are always rational. How many people do you know who are always rational? Some who worship at the alter of free market religion argue with a serious face that all unemployment is voluntary, and that workers are taking a vacation from work.
This premise is being demolished not by Keynesians but by behavioral economists and neuroeconomics.
And comparing Mengele to Keynes is a ridiculous analogy. Only a slightly less ridiculous analogy would have been a comparison of Mengele to the Austrians such as von Mises. At least Mengele is more modern than the Austrian school of thought.
