Economic bullcrap

Discussion in 'Religion & Politics' started by Ronny, Feb 10, 2012.

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  1. Ronny

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    Being the incredible genius I am, during my studies and summarizing my knowledges I've reached a conclusion, here it's: the only true economic theory out there is the supply and demand one.
    Seriously, all the economic theories, except the aforementioned one, are just worthless shit. They don't have any sign of correctness, they are just models that more or less sometimes describe reality correctly (most of the time not). And it must be this way.
    Think about it, if anyone should discover some economic true to earn a lot of money then they won't never spread their knowledge worlwide, he or she will keep that discover secretly obviously.
    So except for the simple supply and deman theory all the economy is just a worthless bunch of wrong theories
     
  2. Ronny

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  3. Zaichata

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    The truth about economy is that only those who already have all the equipment, power and money to do business, can actually do business and become even richer. History knows only a few exceptions to that rule, say Steve Jobs etc., and that's why millions of Americans admired his rags-to-riches-story.

    Wealth-> more wealth
    Lack of wealth-> lack of wealth
     
  4. Rock

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    economic bull frog
    [​IMG]
     
  5. Ronny

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    Actually I think you can do tons of money even without power and shit, you just gotta be smart enough, that's ain't the problem.

    Problem is we rely too much on what, most of the times, turns out in nothing but utterly bullshit, it's like weather prediction nowadays
     
  6. Zaichata

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    Being smart often implies having a good education, having a good education implies (at least in the US) having a lot of money. This proves my theory.

    There are exceptions, but they are few.
     
  7. Ronny

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    Yeah of course you cannot pretend to be rich and in the meantime being a retard punk.
    I don't know how education works in US, but here it ain't that expensive so with a university degree and not being a completely worthless piece of shit you've some possibilities to don't become a poor bum
     
  8. Baya Rae 4900

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    Academia doesn't prepare somebody for the free market since the traits for being a good competitor is innate. If anything, schooling shows exactly who won't succeed in the free market. To be a good competitor you need to be creative, flexible, brave, immaterial, resilient... most who finish advanced schooling tend to be narrow-minded, cowardly, greedy, spoiled and quickly lose their shit under pressure. (At least from what I've observed, especially if you take into account school unions and student movements. These assholes would embrace and advocate socialism just so they don't have to work.)

    Also: http://lewrockwell.com/north/north1096.html
     
  9. Zaichata

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    Ofcourse you need those qualities to succeed in life, but without the skills and competences taught in higher education, you are strongly disadvantaged. Leading a company with minimizing losses and maximizing profits is very difficult if you hadn't had the principles of management or accountancy. Furthermore, education is obligatory for certain professions such as civil engineer, doctor, lawyer, pharmacist, and so on and so on until the infinity.
     
  10. Seku

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    OP is a Paultard.
     
  11. Baya Rae 4900

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    How does any of that refute what I wrote?
     
  12. Zaichata

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    You said academia doesn't prepare you for the free market. The truth is quite the opposite. Without the skills taught in higher education, you'd be lost.
     
  13. Baya Rae 4900

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    The people who graduate aren't prepared to compete with others for employment or rendering of service so no, it doesn't prepare them.
     
  14. skylerconcarne

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  15. Weezus Christ

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  16. CallMeMaggot

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    Want to know the secret power glyph of Economy, Triumph and Fate?

    [​IMG]

    My pleasure
     
  17. Zaichata

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    Actually, they are. Ofcourse I believe you got some worthless diploma in literature, which couldn't even land you a job if you could take shits in the shape of the Eiffel tower
     
  18. Baya Rae 4900

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    Are they willing to work for free to build up their resume and skills? Most of them aren't, yet that's exactly what they should be prepared for if they wish to compete in the free market.

    A diploma doesn't mean dick, since everybody's got one.
     
  19. Seku

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    No. 80% isn't everybody.

    Also, only 25% of us manage to obtain a degree.
     
  20. Baya Rae 4900

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    I know not EVERYONE has one, Seku. It's a turn of phrase.

    Okay, so 25% of them have a degree. That means, I'm assuming, that every year a quarter of all students get a degree. A quarter. Of all students. Every year. I don't know about you but that seems to me like something that would distil the market. Especially if a quarter already have them.

    Again, are any of them prepared to work for months or even years for free? No. Few of them are that altruistic or able to think that far ahead.
     
  21. Zaichata

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    Why would they have to work for free? You have something called "internship" which means you get a minimum wage and learn about the profession you want to do.
     
  22. Baya Rae 4900

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    Perhaps you should explain that to all the recent grads who complain about there not being any work.
     
  23. Zaichata

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    That's because there is no work for all those dumb shits who majored in art, 12th century literature, philosophy and communication.
     
  24. Baya Rae 4900

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    You're wrong. They can become teachers.
     
  25. Zaichata

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    Yeah sure, for all those 12th century literature, philosophy and communication courses I got in high school.
     
  26. Baya Rae 4900

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    And everything else, considering how retarded Americans are.
     
  27. Zaichata

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    I was being sarcastic
     
  28. Baya Rae 4900

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    Like it matters.
     
  29. Zaichata

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    It does