>>This is why you are confused: You refuse to accept the obvious. Your only hope economically speaking is to believe the obvious and stop believing what you want to hear.
Mish<<
Am I allowed to disagree with you without getting banned? Nothing personal, but I have been banned for just having differing views on more than one occasion.
If you wish for me to stop posting here just PM me and I will stop. I would like to continue posting on this thread, but I do not blindly follow anyone's ideas.
I believe we all learn best through open vigorous debate, so if I feel someone is wrong I will debate them unless they are being silly and then I just ignore them. I do not put them on ignore though, I jsut do not respond-lol. I always took you as a serious guy.
Tell me your theory and what you think we should do? I am truely interested and am not a person who likes to argue for arguing sake. I am only interested in learning.
Using the "obvious" analogy, my obvious perception of the world is that it is flat, but we know it is not. Many things in life are counterintuitive. Relativity and quantum physics comes to mind.
Much of what we think we know, we do not know. The thesis of Nassim Taleb's book the Black Swan.
I have listened to Krugman's ideas on social and political theory which I do understand pretty well and he makes perfect sense to me. And to a lot of economists.
With all due respect, and I mean that, what if Krugman is right and you are wrong? We all have to be ready to change our minds if we are really interested in learning.
I am not married to any idea other than the correct idea. How many people were able to accept Darwin's ideas on our evolution? Even with overwhelming proof, like they can recreate evolution in the lab, only 39% of our citizens believe in evolution. Evolution is a piece of cake next to economics.
If you are right and Krugman is wrong I would like to understand that. Honestly!!
Krugman has some pretty big economic heavyweights in his corner though e.g. Keynes, Stiglitz, Samuelson, NY times and most of the best universities in the world.
Interestingly Krugman is the only one who constantly qualifies himself by saying he is not sure. The winner of the 2008 nobel prize for economics seems to be the only one not sure of himself these days.
Cheers, |
