Economic Lunacy

[SheetWise]

That might be "The Law of the Conservation of (fill in the blank)"

[bobman0330]

[ QUOTE ]
[ QUOTE ]
I have no idea about the validity of the initial argument, but it seems clear to me that the answer depends on the net result of a number of countervailing influences, not this crap.

[/ QUOTE ]
His point was that there is no validity to the initial argument, because economists can never factor in "unseen effects".

[/ QUOTE ]

Why the [censored] is he an economist then? "Supply and demand is bullshit, because maybe we're all in a Matrix-like simulation and we can't take that into account in our models." This is no way to make an argument.

[tek]

[ QUOTE ]
There's a pretty good reason why we don't just go knocking houses down just to rebuild them...

[/ QUOTE ]

Sshhhh! You might give DS an idea for a thread [img]/images/graemlins/grin.gif[/img]