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Thread: Q1 GDP revised to 0.1%

  1. #41
    Senior Member menmon's Avatar
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    Quote Originally Posted by Buzz View Post
    He taught there until 1977.
    I was there 1996-1998

    Our knowledge of economics has evolved much since him. Just like our knowledge of the atom has.

  2. #42
    Senior Member menmon's Avatar
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    Quote Originally Posted by IowaBayDog View Post
    Being they are your heroes you "studied under" and all you should probably learn to spell their names correctly....Hansen!! Mythical creatures of the internet regards.
    If I spelled it wrong thanks for the correction. What these men taught me was how to understand and make decisions based on their research. The economy is very large and has many variables and it is impossible to model for all of them since many of them you don't know.

  3. #43
    Senior Member Buzz's Avatar
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    Quote Originally Posted by menmon View Post
    If I spelled it wrong thanks for the correction. What these men taught me was how to understand and make decisions based on their research. The economy is very large and has many variables and it is impossible to model for all of them since many of them you don't know.

    Especially since human nature enters into the equations somewhere...
    "For everyone to whom much is given, of him shall much be required." -- Luke 12:48

    Raven - Moneybird's Black Magic Marker***
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    Mick - Moneybird's Jumpin' Jack Flash***
    (Clubmead's Road Warrior x Oakdale Whitewater Devil Dog)
    Peerless - Moneybird's Sole Survivor
    (Two River's Lucky Willie x Moneybird's Black Magic Marker)

  4. #44
    Senior Member HuntClub's Avatar
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    Huh, the economy is too big to model, but climate models are gospel? Oh, and Bush lied about WMDs in Iraq.
    Jonathon

    “Write your own book instead of reading someone else’s book about success” H. Brooks

  5. #45
    Senior Member Buzz's Avatar
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    Quote Originally Posted by HuntClub View Post
    Huh, the economy is too big to model, but climate models are gospel? Oh, and Bush lied about WMDs in Iraq.
    I don't know, that's one huge thermodynamic/fluid mechanics problem. But I would put more money on it than a huge social science experiment. Unless you think that predicting human behavior is easier than dealing with hard sciences.
    "For everyone to whom much is given, of him shall much be required." -- Luke 12:48

    Raven - Moneybird's Black Magic Marker***
    (Esprit's Power Play x Trumarc's Lean Cuisine)
    Mick - Moneybird's Jumpin' Jack Flash***
    (Clubmead's Road Warrior x Oakdale Whitewater Devil Dog)
    Peerless - Moneybird's Sole Survivor
    (Two River's Lucky Willie x Moneybird's Black Magic Marker)

  6. #46
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    Quote Originally Posted by menmon View Post
    I was there 1996-1998

    Our knowledge of economics has evolved much since him. Just like our knowledge of the atom has.
    From all your prior statements I thought you fit into the Keynesian theory generally, except for the tax issue of course. However, with the Darwin statement, which theory do you subscribe or has the menmon theory been developed?

  7. #47
    Senior Member menmon's Avatar
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    Quote Originally Posted by Dan Storts View Post
    From all your prior statements I thought you fit into the Keynesian theory generally, except for the tax issue of course. However, with the Darwin statement, which theory do you subscribe or has the menmon theory been developed?
    Only when it applies. But keep studying at the Rush Institute and you will be as informed as anyone on this site.

  8. #48
    Senior Member road kill's Avatar
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    Quote Originally Posted by menmon View Post
    Only when it applies. But keep studying at the Rush Institute and you will be as informed as anyone on this site.
    And more so than some!!
    Stan b & Elvis

  9. #49
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    Quote Originally Posted by menmon View Post
    Only when it applies. But keep studying at the Rush Institute and you will be as informed as anyone on this site.
    You know what happens when you "ASSUME" and it keeps happening. I haven't lessoned to his show for 5-7 years but it appears you know everything he is preaching.

  10. #50
    Senior Member menmon's Avatar
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    Quote Originally Posted by Dan Storts View Post
    You know what happens when you "ASSUME" and it keeps happening. I haven't lessoned to his show for 5-7 years but it appears you know everything he is preaching.
    Know but I can tell buy what being said what he and his offspring are spewing on any given day

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