March 5th, 2012 Posted by CurtD Krugman jumps on the Kochs bandwagon today: I replied: Of the libertarian think tanks, Cato is the most policy oriented. The Kochs want to move it more into policy and further away from theory in order to help the republican party platform. (Which doesn’t necessarily bother those of us who are members of more radical think tanks.) While I understand that you have an agenda, it is perfectly reasonable to purge language that polls unfavorably. But you will rarely find a conservative engaging in deceptions on the scale that do liberals. Conservative have a higher standard. The public holds them accountable to a higher standard because they profess a higher standard. But that said, voter manipulation, association with global finance, violence, and systemic corruption are by far predominantly liberal activities. So are we supposed to hold you to the liberal standard? Or the conservative standard? Because you claim a high standard, but by your statements contradict it.
Author: Curt Doolittle
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Daily Krugman Watch: On Cato and the Kochs
March 5th, 2012 Posted by CurtD Krugman jumps on the Kochs bandwagon today: I replied: Of the libertarian think tanks, Cato is the most policy oriented. The Kochs want to move it more into policy and further away from theory in order to help the republican party platform. (Which doesn’t necessarily bother those of us who are members of more radical think tanks.) While I understand that you have an agenda, it is perfectly reasonable to purge language that polls unfavorably. But you will rarely find a conservative engaging in deceptions on the scale that do liberals. Conservative have a higher standard. The public holds them accountable to a higher standard because they profess a higher standard. But that said, voter manipulation, association with global finance, violence, and systemic corruption are by far predominantly liberal activities. So are we supposed to hold you to the liberal standard? Or the conservative standard? Because you claim a high standard, but by your statements contradict it.
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Karl Smith Watch: Learning From Fables
Crises, however, are not fables. They do not exist to teach us lessons or help us learn to mend our ways. The forces at work are utterly indifferent to the narratives we attach to them. Like everything else, they are simply a chain of events. One damned thing after another. Our task is to understand how this chain is likely to unfold and uncover what, if anything, we can do to mitigate the damage.
To which I replied: Again, love you and your work. But you are artificially narrowing the scope of inquiry to suit your biases and calling it truth rather than preference. A longer time preference would argue for different policies, lower fragility, and better individual planning. You have a shorter time preference which suits your bias toward redistribution and allowing increasing birth rates among the lower classes. The average European as a lower IQ than in 1850 for a reason. You are the reason. Actually women are — but you’re a product of that thinking. (Ashkenazim have remained constant from the medieval average, while Europeans have declined.) There are hard conceptual barriers at 105, 122 and 140. And the composition of a population determines its possible norms. Ideas have consequences. In particular, your ideas have consequences.
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Karl Smith Watch: Learning From Fables
Crises, however, are not fables. They do not exist to teach us lessons or help us learn to mend our ways. The forces at work are utterly indifferent to the narratives we attach to them. Like everything else, they are simply a chain of events. One damned thing after another. Our task is to understand how this chain is likely to unfold and uncover what, if anything, we can do to mitigate the damage.
To which I replied: Again, love you and your work. But you are artificially narrowing the scope of inquiry to suit your biases and calling it truth rather than preference. A longer time preference would argue for different policies, lower fragility, and better individual planning. You have a shorter time preference which suits your bias toward redistribution and allowing increasing birth rates among the lower classes. The average European as a lower IQ than in 1850 for a reason. You are the reason. Actually women are — but you’re a product of that thinking. (Ashkenazim have remained constant from the medieval average, while Europeans have declined.) There are hard conceptual barriers at 105, 122 and 140. And the composition of a population determines its possible norms. Ideas have consequences. In particular, your ideas have consequences.
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at Paul Gottfried from a different perspective, and finding good ideas there
http://www.capitalismv3.com/2012/03/05/a-little-appreciation-for-paul-gottfried/Looking at Paul Gottfried from a different perspective, and finding good ideas there.
Source date (UTC): 2012-03-05 12:28:00 UTC
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ideology of the short time preference
http://www.capitalismv3.com/2012/03/05/karl-smith-watch-learning-from-fables/The ideology of the short time preference
Source date (UTC): 2012-03-05 09:13:00 UTC
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wants us to hold him to a lower standard
http://www.capitalismv3.com/2012/03/05/daily-krugman-watch-on-cato-and-the-kochs/Krugman wants us to hold him to a lower standard.
Source date (UTC): 2012-03-05 09:12:00 UTC
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criticism of Brad Delong
http://www.capitalismv3.com/2012/03/05/brad-delong-watch/Today’s criticism of Brad Delong
Source date (UTC): 2012-03-05 09:10:00 UTC
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WATCH: From RonT: “You keep touting IS-LM. Keynes didn’t endorse IS-LM, its crea
http://krugman.blogs.nytimes.com/2012/03/03/economic-models-and-economic-predictions/KRUGMAN WATCH:
From RonT: “You keep touting IS-LM. Keynes didn’t endorse IS-LM, its creator Hicks repudiated it later in life. Since 1971 when Nixon ditched the gold standard IS-LM was without any theoretical justification whatsoever, there is no market for loanable funds. Banks create deposits out of nothing against the borrower’s IOU, so investment creates its own savings. Loanable funds is a fairy tale of a primitive economy without banks.
Your predictions for low interest rates in this crisis were right by pure accident – the interest rate in modern economy is not set by the market, but by the monopoly supplier of reserve balances, the Fed. The Fed lets the market toy with long-term interest rates, but it could fix them at any level by the same procedure it uses to fix the short rate: QE and “the operation twist” are the proof. So if the Fed changed its mind and raised rates, your “prediction” would simply turn out wrong. The Fed and not the market for loanable funds determines the interest rate, period.”
http://www.nakedcapitalism.com/2012/02/philip-pilkington-the-liquidity-trap-and-all-that%E2%80%A6.html
Source date (UTC): 2012-03-03 21:50:00 UTC
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FILLICIDE STATISTICS “Among children under age 5 years in the United States who
FILLICIDE STATISTICS
“Among children under age 5 years in the United States who were murdered in the last quarter of the 20th century, 61% were killed by their own parents: 30% were killed by their mothers, and 31% by their fathers. … 72% of the mothers had psychological problems.” — From 39 combined studies.
Source date (UTC): 2012-03-02 06:26:00 UTC