Radio Paradise NFL Pick'em Group
- the_jake - Dec 3, 2023 - 1:03pm
Radio Paradise Comments
- miamizsun - Dec 3, 2023 - 12:51pm
Think About It
- miamizsun - Dec 3, 2023 - 12:49pm
Israel
- R_P - Dec 3, 2023 - 12:40pm
Museum of Iconic Album Covers
- rgio - Dec 3, 2023 - 12:08pm
Wordle - daily game
- JrzyTmata - Dec 3, 2023 - 12:00pm
USA! USA! USA!
- R_P - Dec 3, 2023 - 11:50am
Today in History
- Red_Dragon - Dec 3, 2023 - 11:19am
What Puts You In the Christmas Mood?
- thisbody - Dec 3, 2023 - 10:58am
Best guitarists
- oldviolin - Dec 3, 2023 - 10:48am
December 2023 Photo Theme - Reflection
- Alchemist - Dec 3, 2023 - 10:37am
If not RP, what are you listening to right now?
- westslope - Dec 3, 2023 - 10:19am
NYTimes Connections
- islander - Dec 3, 2023 - 10:01am
As California Goes, So Goes The Rest Of The Country
- islander - Dec 3, 2023 - 9:59am
Things You Thought Today
- oldviolin - Dec 3, 2023 - 9:37am
Upcoming concerts or shows you can't wait to see
- GeneP59 - Dec 3, 2023 - 9:11am
The World IS Hunted
- Steely_D - Dec 2, 2023 - 11:20pm
Photos you haven't taken of yourself
- KurtfromLaQuinta - Dec 2, 2023 - 9:11pm
November 2023 Photo Theme - Perspective
- MrDill - Dec 2, 2023 - 10:11am
2024 Elections!
- Red_Dragon - Dec 2, 2023 - 9:16am
Musky Mythology
- Red_Dragon - Dec 2, 2023 - 9:11am
Update playlist please
- hansotten - Dec 2, 2023 - 2:55am
What the hell OV?
- Manbird - Dec 1, 2023 - 11:10pm
Vinyl Only Spin List
- kurtster - Dec 1, 2023 - 7:42pm
Gotta Get Your Drink On
- black321 - Dec 1, 2023 - 2:58pm
Fear of Flying
- Beaker - Dec 1, 2023 - 1:53pm
Name My Band
- DaveInSaoMiguel - Dec 1, 2023 - 9:35am
Talk Behind Their Backs Forum
- GeneP59 - Dec 1, 2023 - 8:43am
The Obituary Page
- DaveInSaoMiguel - Dec 1, 2023 - 8:34am
Eclectic Sound-Drops
- thisbody - Dec 1, 2023 - 8:13am
songs that ROCK!
- thisbody - Dec 1, 2023 - 6:53am
Live Music
- thisbody - Dec 1, 2023 - 6:04am
Buddy's Haven
- miamizsun - Dec 1, 2023 - 4:47am
Other Medical Stuff
- kurtster - Dec 1, 2023 - 3:04am
OUR CATS!!
- Red_Dragon - Nov 30, 2023 - 6:11pm
RightWingNutZ
- kcar - Nov 30, 2023 - 4:50pm
Baseball, anyone?
- ScottFromWyoming - Nov 30, 2023 - 4:44pm
Bug Reports & Feature Requests
- DrLex - Nov 30, 2023 - 2:00pm
JFK Assassination
- kurtster - Nov 30, 2023 - 12:46pm
Pogues!
- ScottFromWyoming - Nov 30, 2023 - 11:45am
FLAC stream crashes Sonos
- fbloemhof - Nov 30, 2023 - 10:32am
Download Manager IPhone problems
- RPnate1 - Nov 29, 2023 - 11:31am
RP On Windows Media Player?
- William - Nov 29, 2023 - 10:00am
RP Daily Trivia Challenge
- lily34 - Nov 29, 2023 - 8:44am
Animal Resistance
- lily34 - Nov 28, 2023 - 9:59am
Trump
- kcar - Nov 28, 2023 - 9:09am
The Dragons' Roost
- GeneP59 - Nov 28, 2023 - 8:59am
Economix
- black321 - Nov 28, 2023 - 7:38am
NY Times Spelling Bee
- lily34 - Nov 28, 2023 - 6:48am
New mix, what would you like to see ?
- KurtfromLaQuinta - Nov 28, 2023 - 6:27am
Tech - what makes RP sound so good?
- William - Nov 27, 2023 - 5:37pm
Dialing 1-800-Manbird
- oldviolin - Nov 27, 2023 - 1:32pm
New Music
- oldviolin - Nov 27, 2023 - 11:52am
Questions.
- miamizsun - Nov 27, 2023 - 10:37am
♥ ♥ ♥ Vote For Pie ♥ ♥ ♥
- miamizsun - Nov 27, 2023 - 10:36am
iPad wake screen
- michaelmuller - Nov 27, 2023 - 10:11am
the Todd Rundgren topic
- Coaxial - Nov 27, 2023 - 9:36am
Mixtape Culture Club
- ColdMiser - Nov 27, 2023 - 7:46am
Lyrics That Remind You of Someone
- oldviolin - Nov 26, 2023 - 8:25pm
Happy Thanksgiving!
- Bill_J - Nov 26, 2023 - 5:58pm
Audio Problems
- uaerez - Nov 26, 2023 - 12:30pm
Shameless Band Promotion - West Coast Division
- sunybuny - Nov 26, 2023 - 11:56am
Guns
- Red_Dragon - Nov 26, 2023 - 10:45am
HALF A WORLD
- oldviolin - Nov 26, 2023 - 9:54am
AI Bill
- timothy_john - Nov 26, 2023 - 3:52am
Would you drive this car for dating with ur girl?
- KurtfromLaQuinta - Nov 25, 2023 - 8:07pm
Discussion Thread for the Meetup Meetup Topic
- Red_Dragon - Nov 25, 2023 - 2:02pm
Europe
- thisbody - Nov 25, 2023 - 1:08pm
Climate Change
- R_P - Nov 25, 2023 - 12:00pm
Germany
- thisbody - Nov 24, 2023 - 12:29pm
Ukraine
- Steely_D - Nov 23, 2023 - 1:20pm
Artificial Intelligence
- thisbody - Nov 23, 2023 - 9:28am
It's the economy stupid.
- thisbody - Nov 23, 2023 - 9:17am
Tech & Science
- thisbody - Nov 23, 2023 - 9:08am
Arlo Guthrie's Alice's Restaurant Massacree
- islander - Nov 23, 2023 - 7:51am
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Index »
Regional/Local »
USA/Canada »
It's the economy stupid.
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Page: Previous 1, 2, 3, 4, 5, 6, 7, 8 Next |
ScottFromWyoming

Location: Powell Gender:  
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Posted:
Nov 30, 2016 - 10:39pm |
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Lazy8 wrote: haresfur wrote:I'll try again.
You are saying it is bad in that it there is a net loss of wealth making mankind worse off. I'm saying that they not only did it for publicity (something that can be purchased that usually is believed to lead to profit) but that they got their target market to pay for it out of the market-people's entertainment budget. So you are basically arguing that the choice people made freely is bad for mankind. Sounds like Libertarianism to me. Libertarianism consists of not stopping them. Not interested in stopping them. My point was purely economic; people spending absurd amounts of money to fund a basketball stadium and bribe a team to stay in town are also net destroyers of wealth, and also seen as economy-boosting measures. GDP measures only money changing hands, ignoring what that money actually bought. And I don't even regard entertainment (which consumes resources, land, and labor but produces nothing tangible) as bad. Art is inspiration—a meta-good, an essential part of civilization. Just don't equate it (directly) with economic progress. I guess I can think of worse things. The hole is a waste but what if, instead of buying hole-digging time, people bought Monster gold-plated speaker wire for their stereo? And threw out their old wire? The wire (either wire) might only ever carry Air Supply and Paul Harvey reruns.
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Lazy8

Location: The Gallatin Valley of Montana Gender:  
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Posted:
Nov 30, 2016 - 10:26pm |
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haresfur wrote:I'll try again.
You are saying it is bad in that it there is a net loss of wealth making mankind worse off. I'm saying that they not only did it for publicity (something that can be purchased that usually is believed to lead to profit) but that they got their target market to pay for it out of the market-people's entertainment budget. So you are basically arguing that the choice people made freely is bad for mankind. Sounds like Libertarianism to me. Libertarianism consists of not stopping them. Not interested in stopping them. My point was purely economic; people spending absurd amounts of money to fund a basketball stadium and bribe a team to stay in town are also net destroyers of wealth, and also seen as economy-boosting measures. GDP measures only money changing hands, ignoring what that money actually bought. And I don't even regard entertainment (which consumes resources, land, and labor but produces nothing tangible) as bad. Art is inspiration—a meta-good, an essential part of civilization. Just don't equate it (directly) with economic progress.
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kurtster

Location: where fear is not a virtue Gender:  
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Posted:
Nov 30, 2016 - 9:14pm |
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haresfur wrote: I'll try again.
You are saying it is bad in that it there is a net loss of wealth making mankind worse off. I'm saying that they not only did it for publicity (something that can be purchased that usually is believed to lead to profit) but that they got their target market to pay for it out of the market-people's entertainment budget. So you are basically arguing that the choice people made freely is bad for mankind. Sounds like Libertarianism to me.
Ouch ...
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haresfur

Location: The Golden Triangle Gender:  
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Posted:
Nov 30, 2016 - 7:33pm |
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Lazy8 wrote: haresfur wrote:I don't see it as any less productive than most entertainment industries. NBA doesn't exactly build wealth in the way you are saying. It is marketing where you get your market to to pay for it rather than forking out the money yourself. Even that isn't new - look at the T-shirt industry.
I agree that it is a waste, much like the NBA. I'll try this one more time. The point isn't that the event itself is good or bad. The point is that it resulted in a net loss of wealth, but the metric most commonly used to measure the economy says it grew the economy. Mankind is worse off, but the numbers look great. This stunt is basically a Keynesian stimulus without the pretense of actually accomplishing anything, something Keynes wrote favorably about. I'll try again. You are saying it is bad in that it there is a net loss of wealth making mankind worse off. I'm saying that they not only did it for publicity (something that can be purchased that usually is believed to lead to profit) but that they got their target market to pay for it out of the market-people's entertainment budget. So you are basically arguing that the choice people made freely is bad for mankind. Sounds like Libertarianism to me.
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Lazy8

Location: The Gallatin Valley of Montana Gender:  
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Posted:
Nov 30, 2016 - 6:11pm |
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haresfur wrote:I don't see it as any less productive than most entertainment industries. NBA doesn't exactly build wealth in the way you are saying. It is marketing where you get your market to to pay for it rather than forking out the money yourself. Even that isn't new - look at the T-shirt industry.
I agree that it is a waste, much like the NBA. I'll try this one more time. The point isn't that the event itself is good or bad. The point is that it resulted in a net loss of wealth, but the metric most commonly used to measure the economy says it grew the economy. Mankind is worse off, but the numbers look great. This stunt is basically a Keynesian stimulus without the pretense of actually accomplishing anything, something Keynes wrote favorably about.
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haresfur

Location: The Golden Triangle Gender:  
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Posted:
Nov 30, 2016 - 4:08pm |
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Lazy8 wrote:The company that makes Cards Against Humanity solicited donations to dig a giant hole. No reason, just dig a hole. Just to dig a hole. An utterly pointless gesture. They raised $100,573 and dug. I'm posting this here just to point out the absurdity of some economic orthodoxy. This exercise increased GDP because money changed hands, but resulted in a net destruction of wealth. Diesel fuel was burned, earthmovers inched closer to their ends of life, people spent hours of their lives that fed, housed, healed, and improved the lives of no one. In the end the land in which the hole was dug has—by any measure—declined in value. The earth as a whole is worse off. But John Maynard Keynes calls it a win. I'm sure somebody will step up to declare this a net positive because the guys who drove the earthmovers got paid, the refinery workers got paid, the people who make earthmover parts will eventually get paid a bit earlier than otherwise. Money moved! Hooray! But wealth—the sum total of resources, land, and man-hours available to useful things—declined. Mankind is worse off. The money that changed hands didn't increase, it just changed hands. Whatever productive use it would have had at the hands of its original owners will not happen. This happened instead. This is your economy on Keynes. Any questions? I don't see it as any less productive than most entertainment industries. NBA doesn't exactly build wealth in the way you are saying. It is marketing where you get your market to to pay for it rather than forking out the money yourself. Even that isn't new - look at the T-shirt industry. I agree that it is a waste, much like the NBA.
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Lazy8

Location: The Gallatin Valley of Montana Gender:  
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Posted:
Nov 30, 2016 - 1:52pm |
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The company that makes Cards Against Humanity solicited donations to dig a giant hole. No reason, just dig a hole. Just to dig a hole. An utterly pointless gesture. They raised $100,573 and dug. I'm posting this here just to point out the absurdity of some economic orthodoxy. This exercise increased GDP because money changed hands, but resulted in a net destruction of wealth. Diesel fuel was burned, earthmovers inched closer to their ends of life, people spent hours of their lives that fed, housed, healed, and improved the lives of no one. In the end the land in which the hole was dug has—by any measure—declined in value. The earth as a whole is worse off. But John Maynard Keynes calls it a win. I'm sure somebody will step up to declare this a net positive because the guys who drove the earthmovers got paid, the refinery workers got paid, the people who make earthmover parts will eventually get paid a bit earlier than otherwise. Money moved! Hooray! But wealth—the sum total of resources, land, and man-hours available to useful things—declined. Mankind is worse off. The money that changed hands didn't increase, it just changed hands. Whatever productive use it would have had at the hands of its original owners will not happen. This happened instead. This is your economy on Keynes. Any questions?
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black321

Location: An earth without maps Gender:  
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Posted:
Nov 30, 2016 - 7:54am |
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OPEC reaches deal to cut production (oil prices rising), Trump wants to ramp up spending, while cutting taxes, bond yields jumping in the last month...say hello again to our little old friend inflation.
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Red_Dragon

Location: Dumbf*ckistan 
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Posted:
Nov 29, 2016 - 10:05am |
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Red_Dragon

Location: Dumbf*ckistan 
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Posted:
Aug 21, 2016 - 11:23am |
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R_P

Gender:  
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kurtster

Location: where fear is not a virtue Gender:  
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kurtster

Location: where fear is not a virtue Gender:  
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Posted:
Jan 27, 2015 - 3:42am |
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aflanigan wrote: Good point. Credentialism has been with us since the days of the guilds, right?
Letting go of old patterns and habits can definitely be difficult. There are various people sounding the alarm regarding credential inflation and pointing out that four year degrees/ advanced degrees aren't the bargain they used to be. So far I don't think middle class parents are convinced.
Maybe we need to convince people that we've reached a sort of singularity/tipping point with respect to our current version of capitalism. If trying all the old tricks that worked in the past fail to yield results now, if the middle class continues to shrink and wealth/wage gaps of various kinds continue to grow, maybe we can accept that some fundamental changes beyond the usual approach are in order.
Ah yes, capitalism. Real capitalism quit existing when the term too big to fail was introduced. Too big to fail is the antithesis of capitalism. In straight forward capitalism, nothing is too big to fail. Its a brave new / old world. Earlier, I mentioned the unemployment rate for 4 year grads and yes you were correct as a lot of that had to do with the selection of majors. In today's employment climate, it is unreasonable to expect full gainful employment with a degree in philosophy or art for example. Yet there are many going into these areas. Why ? Is it poor counseling or wishful thinking on the part of the student ? Someone needs to properly counsel on what majors will end up with good employment outcomes. These are not the times where the pursuit of personal indulgence ends up with gainful employment. An old factoid ... Back in the 70's I once heard that over half of over the road truck drivers had majored in psychology.
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aflanigan

Location: At Sea Gender:  
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Posted:
Jan 20, 2015 - 2:25pm |
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I alluded to the shrinkage of the middle class previously below. Another aspect of this issue is that, however we define middle class these days, regardless of their numbers, they are not doing so hot financially. This was posted on Huffpo today presumably in anticipation of the SOTU speech tonight: The Sad State of America's Middle Class, in 6 Charts
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aflanigan

Location: At Sea Gender:  
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Posted:
Jan 16, 2015 - 9:46am |
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miamizsun wrote:it looks like i've started my first meme
who knew?
Should we rename the topic COASTAL PUNS?
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MrsHobieJoe

Location: somewhere in Europe Gender:  
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Posted:
Jan 15, 2015 - 4:25pm |
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I thought the thread might be referring to exchange rate turmoil in Europe, but no!
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miamizsun

Location: (3283.1 Miles SE of RP) Gender:  
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Posted:
Jan 15, 2015 - 3:10pm |
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it looks like i've started my first meme
who knew?
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cc_rider

Location: Bastrop Gender:  
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Posted:
Jan 15, 2015 - 7:38am |
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aflanigan wrote: I suspect pier instruction only works for stevedores.
I'm gonna dock you ten points for that.
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ScottFromWyoming

Location: Powell Gender:  
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Posted:
Jan 15, 2015 - 7:35am |
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aflanigan wrote: I suspect pier instruction only works for stevedores.
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miamizsun

Location: (3283.1 Miles SE of RP) Gender:  
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Posted:
Jan 15, 2015 - 7:15am |
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aflanigan wrote: I suspect pier instruction only works for stevedores.
good catch yeah them too
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