Monday, December 31, 2018

Links to Quora

Back, and it's been two whole days!  So  I'm going to post links to (some of ) my answers in economics on Quora, here, just so they're all in one place.  In no particular order.  For your convenience.  Mostly suffer  And see my comment at the bottom. Why you should fear free markets

PBOC injects record $83 billion into the financial system - Asia Times  So this was reposted to Quora,  I posted a comment there suggesting that the financial system was the wrong place to put the money.  They should instead have a negative sales tax.  This would pretty immediately stimulate demand, and make everybody happier at the same time.

However, further thoughts occurred to me, which I (will) discuss above.
Government and the role of violence.

Saturday, December 29, 2018

Moving My Activity

Due to the underwhelming response to my posts on this web site, I have moved my activity here to Quora.

A few parting thoughts:

        It is important to determine what is important.

        People who are paid to think, think what they are paid to think.

           "It ain't what you don’t know that gets you into trouble. 

            It's what you know for sure that just ain’t so."

                                   Mark Twain  (1835 - 1910) American Author*

Finally, this little dose of concentrated wisdom from Terry Pratchett (1948-2015) British Author  
           From Carpe Jugulum, (with thanks to Elspeth Cowrie and her answer at Quora) 

"And that's what your holy men discuss, is it?" [asked Granny Weatherwax.]
"Not usually. There is a very interesting debate raging at the moment on the nature of sin. for example." [answered Mightily Oats.]
"And what do they think? Against it, are they?"
"It's not as simple as that. It's not a black and white issue. There are so many shades of grey."
"There's no greys, only white that's got grubby. I'm surprised you don't know that. And sin, young man, is when you treat people like things. Including yourself. That's what sin is."
"It's a lot more complicated than that--"
"No. It ain't. When people say things are a lot more complicated than that, they means they're getting worried that they won't like the truth. People as things, that's where it starts."
"Oh, I'm sure there are worse crimes--"
"But they starts with thinking about people as things."

Thank you for your time and attention.
                              Another Amateur Economist
*I have since learned that this attribution is unlikely.