Fri, Jul 25, 2008

User login

naftali


Ish, Not Theory At All

I don't believe in economic theories. If someone implements some action based on belief of whatever nature, the action will work as predicted or it won't. My friend began his career as a Wall St. whiz, written up in Fortune--meaning that a very high percentage of the things he predicted actually came through. He can spot trends, he can see where they are going. He can analyze policy and see if it will work--and he is right a lot more than he isn't.

I don't think he subscribes to a particular theory--he can just see where the trend line in going. If there is any theory or part of a theory that he likes, it's only because it fits the raw data that he sees himself.

My point is that maybe we should talk about issues instead of candidates and work from there. And it wouldn't hurt the discussion in the least to actually talk about economics in an amateurish way until the big boys get so frustrated they have to weigh in.





Reply

  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <i> <strong> <strike> <b> <cite> <code> <u> <ul> <ol> <li> <dl> <dt> <dd> <p> <br> <img> <blockquote>
  • Lines and paragraphs break automatically.
  • Images can be added to this post.

More information about formatting options

Captcha
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Copy the characters (respecting upper/lower case) from the image.