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GhostOfKosh1

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#1 GhostOfKosh1
Member since 2008 • 144 Posts

People would probably get out champagne and celebrate... wait this is a game spot forum, make that cheap beer.

Meanwhile I'd be like, "lol they banned me".

:lol:

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GhostOfKosh1

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#2 GhostOfKosh1
Member since 2008 • 144 Posts

OK, I study an economics degree at university....what ARE you going on about?Memberino
Next time ask fewer questions please =(

ps: Keep the sarcasm coming. It works so much better than substance.

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GhostOfKosh1

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#3 GhostOfKosh1
Member since 2008 • 144 Posts

Does the OP actually study economics? Doesn't he realise how disputed nearly everything in economics is? How little consensus there is? How complicated development economics is? And how difficult it is to successfully apply economic strategies in developing countries?Memberino

This was meant to be a thread to honor good economics and the joy it brings, like to the people of Bengladesh and elsewhere. I would have figured this thread would turn into, "wtf, he only gave money to women, that's sexist". Instead the tone is more like an economics hate thread where people are irritable about that which they do not understand.

I am not here to "debate" economics or to "debate" politics. As the subject matter is too misunderstood, at most I will try to teach some a little, but only on the margin. And it is up to the readers as to what they do with that information. Like I always say, I will teach you 2+2 =4, but the rest is up to you. Most of the time I'm sure people ignore such statements because their ego, perceptions, and general bafflement surrounding the subject gets in the way of rational intelligence. Economics is like a piece of art, which is just there. We can not change it and it does not change with the passage of time. It is not my life-long charge to show everyone where this painting is, especially when many decide to put blindfolds on first.

Economics is highly contested among everyone and is often done so with exuberant passion. The reason for this is because economics for many is not about right and wrong, but rather about money and power and exerting control over others. Those that control economic policies (public choice) and what people think are good economic policies, also control where the money is going and to whom the money is going to. This has many unseen consequences as each act sends out invisible ripples throughout the economy.

And to answer your other question, developmental economics is not complicated it is merely part of the painting. Developmental economics is more of a simpler micro process. The only thing that changes here is the businessmen around which business decisions are formed. Meaning, it has little if any political economic alterations, only economic alterations by the businessmen, which is a different matter entirely and is a much simpler subject matter. Nonetheless like all my statements I am sure you can find a fool to argue such. I am worn to it. No offense, just stating something about rational ignorance, which is in abundance now-a-days and will continue to grow.

I guess this leads me to your last whimsical question about the OP and I assume you ask this because you want to equate the message with the messenger. The reason why people ask this is because they are unable to evaluate information themselves and see the truth. Sadly the educational system and growing societal rational ignorance sterilizes people from seeing the obvious. But whatever, to answer your question most people would consider me to be an economist, though I have no such aspirations. Over my lifetime I have learned a lot and I have learned from some of the smartest people in the world. At least that's what I like to think. And I have also met two Nobel Prize winning economists, and unlike the man above they won theirs in the study of economics. But does any of this really matter to you? It doesn't to me.

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GhostOfKosh1

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#4 GhostOfKosh1
Member since 2008 • 144 Posts

I'd say "nothing but" is a rather peculiar choice of words to describe the guy. He was nothing but a child genius, 20 year-old MA recipient, Fulbright scholar, PhD, and highly successful entrepreneur? Oleg_Huzwog
You can view him however you wish. I respect him as a business man, for what he has done and for giving people hope where there perhaps was none. But I'm sorry to tell you he is no genius, at least not in economics. The point is that when basic economics comes together and is used properly this is always the end result.

ps: The rest of the quotes in this thread are people that have no clue what they are talking about. I have no problem with that and I'm not here to give a lecture. All that I will say is that despite what you may think economics used properly will have the same result mentioned above every time.

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GhostOfKosh1

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#5 GhostOfKosh1
Member since 2008 • 144 Posts

Economics will Lead you to Salvation:

Helping countries around the world like many of those in Asia or Africa is a pretty simple and easy thing to do; all it lacks is teamwork and the proper know how.People need to be willing to take the time to fix these problems, not just ignore them.I always tell people that economics will raise you from the dirt no matter where you live, but of course, only if you know how to use it.Most people probably shrug when I say this because they don't understand how easy the subject matter is and how quickly economic change can occur.All it takes is a simple grasp of economics and a plan to carry it out.

Below is a feel good story about a Nobel Peace Prize Winner, Muhammad Yunus.He was nothing but an economics professor who had the knowledge and the will to bring hope to the people of Bangladesh.

http://nobelprize.org/mediaplayer/index.php?id=146

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GhostOfKosh1

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#6 GhostOfKosh1
Member since 2008 • 144 Posts

[quote="lilburtonboy748"]Vandal actually has good arguments. Your arguments are just ridiculous. I refuse to talk to anyone who thinks FDR fixed the depression. That's as far as I got in your post.theone86
He reversed economic trends and drastically cut unemployment, that counts for nothing?

The most brilliant minds in the world think FDR was an idiot. They also believe he was a big reason why the stock market took decades to recover (apx 23 yrs).

Below is a link to some economists who believe some of Obama's policies are doing the same irreparable damage FDR did. At least three Nobel Prize winners have signed that list, one of which is considered to be the leading expert on this subject matter.

http://www.cato.org/special/stimulus09/cato_stimulus.pdf

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GhostOfKosh1

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#7 GhostOfKosh1
Member since 2008 • 144 Posts
I'm trying to click on the option for Babylon 5. :?
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GhostOfKosh1

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#8 GhostOfKosh1
Member since 2008 • 144 Posts

But the poor are poor as a result of the rich taking advantage of them (assuming that capitalism is in effect). -Sun_Tzu-
It has been well documented that over the millennia capitalism makes the rich richer AND the poor richer as well. I believe what you mean to say is that many of our current governments pander to those with money AND power. For example, an abuse and taking of money from one group and providing it to another is not a capitalistic trait, rather it is a socialistic one. If you exist in a semi-socialistic capitalist society like America you need to be able to realize the difference in these two aforementioned traits.

Money has always come to be in the market, without government. Protection would be profitable therefor plentiful. Businesses would hire their own protection, or else no one would go. Neighborhoods would hire their own to keep property values high, etc..lilburtonboy748
Not like anarchy hasn't already been done and tried and failed. So has socialism and fascism. At least with socialist and fascist they can try and hide behind their stupidity and say, "well I can create a better socialist/fascist government". An anarchist's stupidity can't even hide behind that. In fact they can't hide behind anything; an anarchy just comes into existance and there is no way to improve upon it. And as anarchies have already occurred and ceased to occur -- by this proof you fall short.

Ps: The only thing you have left to say is, "well I just believe if it were to happen again it would work this time, because we are smarter now." And to this I say a society creates it's people, not the other way around. Sorry, but now I leave you with nowhere to go.

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GhostOfKosh1

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#9 GhostOfKosh1
Member since 2008 • 144 Posts

Rush Limbaugh "hopes Obama failsDroymac

I came in this thread with the thought that nobody should hope someone else fails. Thats not very supportive of your fellow man and thats not good teamwork and it frankly sounds kinda petty.

However, if a person steals money from one group of people and gives it to another group of people isn't it wrong to hope such a person and such acts are rewarded and succeed? Supporting such actions might be considered politically correct by many, but clearly would take a person of lesser morals to support such acts. (Yes I know you want to argue the ends justify the means, please save your energy). So if Limbaugh says anything he should be saying that he hopes Obama's unethical policies fail, rather than saying he hopes the man fails.

ps: Sadly Obama and his policies will fail (only the severity is in question). I take no pleasure in that.

"I love when people gamble with economics, eventually the house always wins." -GoK

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GhostOfKosh1

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#10 GhostOfKosh1
Member since 2008 • 144 Posts

KoRn, been there in concert.