235 karma · joined October 28, 2010
That's great writing.
There is in the surreal and hyperreal number systems. I got that from skimming wikipedia though....
Secondly, there is a very wide range of reported fatality rates, with myriad factors known and unknown, so why you've chosen the lowest one globally (which, by the by, has always been an outlier and in any case is edging up past 1%) as the "actual" rate is, again, puzzling.
Finally, you are making a giant but unfortunately common logical error in using these already questionable death counts to make the case for an overreaction without attending to the obvious fact that without this "overreaction" every town, village and city on Earth would be Bergamo, where army lorries are conscripted to transport the dead from overwhelmed mortuaries, or worse.
Do better friendo.
There was one, called "The Economist in the year X" for all X such that whichever combination of oligarchs, mafia and security services are in power happen to be friendly to Western business interests.
> The economist has firmly located itself in an economic and socially liberal policy position
They are the voice of Empire and always have been.
http://exiledonline.com/exile-classic-the-economist-the-worl...
If the other commenter here is correct about Morganstown being only kind of half-Appalacian, as opposed to their claim of hailing from the heart of Appalacia, that really just puts the cherry on top.
The demonstrable lack of financial repercussions for failure, which you are arguing is justified in some cases, belie this causal relationship. I'd echo Taleb and sat that if an elite class is to be healthy, incompetence must swiftly and summarily result in expulsion.
If we revert from "involved in a controversy" back to "has demonstrated extreme incompetence", your argument carries less weight. We can at least say that the inexperienced new guys haven't been tested and found wanting. The
They do it all the time. When will the Chinese Communist Party pay for the famine which killed 2-6% of the population (lower bound is based on official government figures)? Probably never is when.
If your base assumptions are wrong you can be very wrong in very consequential ways for a very long time. Economic specialisation as an inherently positive process is in fact a higly dubious propostion[0].
> The more specialised a country is, the higher its welfare will be, and specialisation via free trade will promote growth in all countries... It is a beautiful story. Unfortunately, disinterested empirical research by data scientists strongly suggests that it is in fact a fantasy: the wealthiest countries are not the most specialised economies, but the most diversified.
[0] https://www.researchgate.net/publication/318021429_Trade_and...
Add? Put them back where you took them from, rather. You can claim that until the cows come home and it will still be true that jlawson hasn't accused you of violence.
> Maybe we could get together and talk about it over a nice frosty milkshake?
Cute, but no deal.
> Speaking of talking it out, I'm curious how you found this thread. Given it's age and moderation status I doubt it's organically.
The article was on the front page when I clicked it. You last comment was about three hours old when I commented.
No matter how many times you elide the modifiers before the word violence (before, "a call to", now "movitated by a desire for" or some variant thereof), jlawson's point remains.
The main driver of price is not "demand" imagined as how much people willing to pay for a particular house but demand as how much people are capable of paying, which is mediated by access to debt. If access to debt is clamed down on across the board, then prices will fall accross the board. People will still compete on price but as a society a smaller fraction of income will be spent on housing.
https://www.motherjones.com/kevin-drum/2019/03/ecuador-phase...
[1] https://medium.com/@jsmp/orchestrating-false-beliefs-about-g...