Recent content by mojobo

Not sure how some of these people would be classified but Ronald Coase, Jean-Baptise Say, and John Forbes Nash all did amazing work. Nash was more a mathematician than an economist so I don't think you could put him into any school of thought, but game theory is huge in microeconomics. Coase...

I had a teacher once say that she wanted to make some improvements done so that she could "help the economy". The whole concept of people blowing all their money instead of saving and investing it kinda irks me since it makes absolutely no sense. I had one teacher who seemed to love the fact...

The attraction corporations have to the government is the control it wields over the markets. If the power wasn't there I seriously doubt you would have many corporations spending huge amounts of money to take a position on Don't Ask Don't Tell. The second some regulation is discussed in their...

:toady: Nationals fan here :toady: now all we need is a Marlins fan to complete the NL East...

I wouldn't play their game. Say something like "Ron Paul points to our drug war and justice system as being against minorities, whats your take" or something like that. It makes him respond to Ron Paul in terms of being proactive against racism and doesn't give them a chance to bring up the...

Dead serious. The reason they made this video (and all their videos) is to get people to join inflation.us and continue their pump and dump scheme. They did the same thing with Peter Schiff's campaign. Look at the quote from the post right above mine. I have no problem with the message of...

Be very careful about supporting the first video. It is by the NIA which is notorious for its pump and dump schemes in the stock market. The videos they produce are amazing quality, but this might not be one we want to promote since the NIA is behind it.

If you are saying he doesn't create mathematical models to fit real data and isn't critiqued in peer review journals then your right. What I'm saying is while he is not an academic economist he is more a financial/market economist. As someone with a degree in Economics I think its way more...

Just because he's not an academic economist doesn't mean he isn't an economist or relies heavily on accurate economic models. The difference between an academic economist and a financial economist is that you actually have to get it right as a financial economist or else you lose money and your...

A lot of the OWS people seem to be protesting for the sake of protesting. If you ask somebody at a Ron Paul rally "what are you specifically protesting" they would say something like "To end the Federal Reserve system and replace it with a more sound monetary system" and if you ask an OWS...

First of all if you are going to use leverage (credit) to buy PMs don't use your credit card as there are much better ways of going about that. You can get a margin account through a stock broker, use options, or if you have enough money (I would say at least $5,000 with a much safer amount...

The fact that our health care system is worse than socialist healthcare systems is upsetting. One common trait of government coming in and making something more "affordable" is that the costs go up and or the quality goes down. Think of education, housing and the stock market. The main reason...

Ironically this is my district and I hope Mr. Murray Hill Inc wins the election (the guy in our district is on the super committee too. Fun district to live in I guess)

Competition... and they will either pass it on by adding quality and or lowering price. If you don't believe me look at some of the insane deals businesses were offering on black Friday or the lower computer prices that exist today versus a few years ago. Not only that but we have more brands...

When most people from the protectionist point of view try to put themselves in the shoes of the view of someone who is free trade they often think they are saying "who cares if a few U.S. workers go unemployed its better to have cheaper goods." That is not the point I am trying to make. The...