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The One and Only... The One and Only... is offline
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Old Feb 10th, 2006, 06:52 PM        Every economist ever is wrong.
Every economic methodology that has been adopted to date is fundamentally flawed, including the Austrians.

Yep.
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kahljorn kahljorn is offline
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Old Feb 10th, 2006, 07:00 PM       
I guess I'll be the first who asks how you came to this conclusion.
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Old Feb 10th, 2006, 07:14 PM       
The historical/neoclassical school of thought has no means of isolating variables in the same manner that physical scientists do, thus rendering much of its exertion useless.

The a priori/Austrian school of thought relies on Kantian philosophy to give their "axioms" validity (I reject Kant, remember?).

All that being said, Austrian axioms can be inferred with great sucess (if you truly need to organize an argument for them, use induction with reference to an ordinal model of chance). However, the fact that I admit that economic postulates are not necessarily true causes me to have some severe breaks with Austrian reasoning.

For example, Rothbard's attack on utilitarianism/consequentialism is based on the assertion that we are unable to know utility in any context outside of our mind. However, I argue that I can infer utility (from induction with reference to ordinal chance) with varying degrees of success. For example, while inferring the utility of Play-Doh for an individual might be difficult, inferring the utility of food and water in the condition of starvation is much more successful. Rothbard relies on absolutes; I rely on likelihood. That man hates to starve is not much less likely than man acts.
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Old Feb 10th, 2006, 07:30 PM       
Okay.
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Old Feb 11th, 2006, 02:07 PM       
Someone got a new textbook!
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Old Feb 11th, 2006, 03:29 PM       
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I guess I'll be the first who asks how you came to this conclusion.
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Old Feb 11th, 2006, 05:35 PM       
Wow. That's pretty smart. You know, if you'd come up with an economic system that works, we'd all be really grateful. In fact, if a smart guy with great big thighs took over everything, I bet it'd work out pretty good.


You go girl, you great, big, buff Philosipher Queen.
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Old Feb 11th, 2006, 09:09 PM       
But Jack, you told me that you wanted to be an economist! Do you enjoy being wrong??
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Old Feb 12th, 2006, 02:20 AM       
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Someone got a new textbook!
Haha. I'm sick of Austrians
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Old Feb 12th, 2006, 02:23 AM       
Are you still a communist, Zhukov? How are you justifying the labor theory of value?
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Old Feb 12th, 2006, 06:27 AM       
Same as always.
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Old Feb 12th, 2006, 12:55 PM        Re: Every economist ever is wrong.
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Every economic methodology that has been adopted to date is fundamentally flawed, including the Austrians.
Except, of course, for Ayn Rand.
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Old Feb 12th, 2006, 01:15 PM       
Jeez, OAO. Don't you EVER get even slightly tired of being such a hoity toity doofus?
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Old Feb 12th, 2006, 01:17 PM       
with a giant ass.....
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Old Feb 12th, 2006, 01:56 PM       
don't pick on the poor widdle over-compensator, guys!
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Old Feb 12th, 2006, 08:19 PM       
Jack is like a three-legged dog - funny, but in a sad way.
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Old Feb 13th, 2006, 12:48 AM       
OAO, Have you ever seen the movie Pi?
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Old Feb 13th, 2006, 05:52 AM       
It is good that you are getting an education and that you have a passion in your way of life.
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Old Feb 13th, 2006, 10:15 AM       
You know what else is good? Ethnic purity.
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Old Feb 13th, 2006, 08:06 PM       
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with a giant ass.....
How did you know?
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Old Feb 13th, 2006, 09:11 PM       
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with a giant ass.....
How did you know?
You are what you eat.
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Old Feb 14th, 2006, 02:46 AM       
Who couldn't have guessed by those thighs?
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Old Feb 14th, 2006, 03:46 AM       
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You know what else is good? Ethnic purity.
I violate that each weekend. With my dick.
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Old Feb 14th, 2006, 06:06 AM       
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You know what else is good? Ethnic purity.
I violate that each weekend. With my dick.
Animals don't count, dude.
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Old Feb 14th, 2006, 09:57 AM       
Anything having contact with your dick, inlcuding yourself, has been violated.
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