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You're all wrong. Autism is caused by inflation (R^2 of 0.976).
And to be clear, NGDP targeting would fix this.
This is not coincidence. Autism is driven by organic food sales.
neocentrist
5,376 posts
- There are two people in this picture. One of them understands economics, the other is Paul Krugman.
- "tipping culture sucks, just pay workers a living wage instead"
- I will never understand the fetishization of being a "manufacturing superpower". Like really? You want people to work in factories instead of knowledge jobs? You want people to be less educated, work more hours, and earn less? This is your political philosophy?It is this braindead liberalism pretending to conservatism that saw the US go from the world's manufacturing superpower to one in which the PRC makes nearly twice as much as we do. And where, if the small island of Taiwan fell to an invasion, we'd be hurled into a Great
Free trade, free markets, choose one.- An UChicago midterm asking how a "real economist" would respond to the Guardian article about price controls
- The average voter wants cheap goods produced by Americans who are paid high wages and receive free healthcare while paying low taxes whilst there is no government deficit and no inflation.
- Adam Smith created economics. Marshall gave us mathematical economics. Keynes gave us macroeconomics. Friedman gave us a version of macroeconomics that didn't suck. But they are all eclipsed by GW Smith, who showed that Japan's Phillips Curve looks like Japan.
- Today marks the 569th anniversary of the fall of Constantinople. A thread on how a land value tax could have prevented this: 1/1453
- At 18 you want to change how the world works. At 20 you want to change how the economy works. At 22 you want to change how monetary policy works. At 24 you want to change how the COUNTIF function in excel works.
- By the way, blaming inflation on greed is racist because it implies that people from Turkey and Argentina are hypergreedy.
- Macroeconomists when Argentina has 114% inflation but unemployment isn't 0% (this is the last Phillips Curve dunk of the day I promise)
- Flight attendant: Do we have a doctor on board? (alternate dimension in 10 years) me: I have a PhD in economics. Flight attendant: a passenger is having a heart attack Me: a land value tax would fix this
