Is there ANYTHING more stressful and rage inducing than debating someone who doesn't even know basic economics?

da gubaman takes your money and gives it to rasty and her black bf.
she knows it first hand and better than you.

Idk maybe it was a good deal

This trickle down thing sounds like a lie to make the poor people think the rich can help them indirectly.

That’s the main counter argument

Came here to post this

>dude economics lmao
Name a time they were right about something.

More like everyone wants to get as far as possible from dangerous people which usually are poor and twisted so the best way to do it is to accumulate wealth and gtfo

btw economics is like TA, it's used by people to make certain sentiments and move society towards certain goals, it's not predictive, it's actually manipulative

So then trickle down is false?

Yes, total nonsense made for benefiting the rich and make wagecucks even poorer.

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STORY TIME OP
you share first, I've got one too

I have a degree in economics from Harvard and I'm a Marxist. Ask me anything.

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>Why would he move next to you and not into an already nice neighborhood
Because he can profit more by buying low and selling high once the neighbourhood is gentrified?

Economics is just another word for what the current managerial class finds politically expedient.

>I have a degree in economics from Harvard and I'm a Marxist
Could have just said you went to Harvard and the rest would be a given

>Debating guy on subject
>Comes apparent quickly that he knows absolutely nothing about subject
>But still has extremely strong opinions on the subject he knows nothing about

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This Could be bait but Harvard isn’t what it used to be

okay...
why are you a marxist...

so you're also jewish? based.

t.econjewbro

Debating with Bernouts and Warren supporters who think you can just randomly impose these huge taxes on things without changing the underlying incentives and economics is pretty frustrating.

Retarded Bernie Sanders supporters think a 0.5% financial transaction tax would have negligible impact on the markets. Or they think the stock market has no effect on average people.

I truly think you have to be retarded to support him.

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Post timestamped degree LARPing retard

The working class and the employing class have nothing in common. There can be no peace so long as hunger and want are found among millions of the working people and the few, who make up the employing class, have all the good things of life.

No, Indian.

On a slightly larger scale this is actually true though. If you somehow held onto a previously cheap home and wealthy people settled in around you, your home value would go up.

>my dad works for Nintendo, I'm $75,000 in debt and I'm a retard ama

lol

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they call it gentrification

based

Universities are worthless. They're a 20th century boomer meme.

Post timestamped degree fucktard.

People who pass up FREE MONEY.

Get Pi Network at minepi.com and mine on your phone/tablet.

Use code "midnightcoal" to join my circle and earn extra mining rewards.

Don't miss out on this one!

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>Has a degree in econ from harvard
>Is a marxist

Why did you repeat yourself. Also, if you respected yourself, you would have gotten a real econ degree, like one from Chicago.

My diploma is somewhere in my storeroom. Here's my student ID.

I am exactly $5,500 in debt.

Chicago is a miserable place.

>discord
>bookmark for Canada immigration
Fuck off discord tranny we're full

>Using windows in 2019

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>Has a meme degree
>Can't write basic English
Checks out

>The working class and the employing class have nothing in common

Both wanna make tons of money and pay as little as possible for things. There is no such thing as "employers" and "workers" this isnt a rpg anyone can be those things

Oh wow, you deleted your file, but I believe it is too late to pussy out. Warosu.org/biz

No one is eternally doomed to be either an employeer or a worker.

1. Why is Marx's explanation for the "tendency of rate of profit to fall" better than marginalism?
2. How do you explain surplus generated from worker exploitation in: finance, landlording, oil industry

Cerenade is a case management software for immigration attorneys.

The only kind of people who say the phrase 'can't write basic English' are either Asian or illiterate folk. Which type of person are you?

The idea that everyone is either a millionaire or a temporarily embarrassed millionaire is part of what makes stupid people continue to vote against their best interests.

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Hierarchies are natural and a function of biology. If you deny this, you deny it at your peril. There is only so far you can raise a retard.

>The idea that everyone is either a millionaire or a temporarily embarrassed millionaire is part of what makes stupid people continue to vote against their best interests.

Lmao, I never said everyone is a to be millionaire I said anyone can be one

fuck off retard, go read economics and then spout your bs
>The phrase “trickle down” often comes up in discussions of tax policies. Historically, tax revenues have in a number of instances gone up when tax rates have been reduced. But any proposal by economists or others to cut tax rates, including reducing the tax rates on higher incomes or on capital gains, can lead to accusations that those making such proposals must believe that benefits should be given to the wealthy in general or to business in particular, in order that these benefits will eventually “trickle down” to the masses of ordinary people. But no recognized economist of any school of thought has ever had any such theory or made any such proposal. It is a straw man. It cannot be found in even the most voluminous and learned histories of economic theories.
>What is sought by those who advocate lower rates of taxation or other reductions of government’s role in the economy is not the transfer of existing wealth to higher income earners or businesses but the creation of additional wealth when businesses are less hampered by government controls or by increasing government appropriation of that additional wealth under steeply progressive taxation laws. Whatever the merits or demerits of this view, this is the argument that is made – and which is not confronted, but evaded, by talk of a non-existent “trickle-down” theory.

youtube.com/watch?v=VlWCnA7TbNU

>1. Why is Marx's explanation for the "tendency of rate of profit to fall" better than marginalism?
Beats me. I took exactly one political economy class and it sucked ass. I'm really not interested in microecon at all.

>2. How do you explain surplus generated from worker exploitation in: finance, landlording, oil industry
Any 'surplus' generated through worker exploitation is stolen and must be distributed amongst workers relative to the importance of their contribution to the whole. There's nothing in any industry which inherently requires that executives, professionals and managers need to take home the lion's share of profits.

I'm sorry, but I prefer to live in the real world, where I'd rather have everyone satisfied with their lives rather than give a few people the chance to surround themselves with luxury despite producing nothing of value themselves.

Why are people replying to Indians? Don't encourage them.

Marx's claim for the tendency for the rate of profit to fall is key, if you're really an economist you should brush up on that.
Who is the worker being exploited in finance and landlordism? Are you saying that the profits from oil corporations are derived solely from exploitation of rig workers?

>where I'd rather have everyone satisfied with their lives

And people need to be millionaires to be satisfied with their lives? Without a daddy state I assure you everyone would be better off - the things you hate about capitalism actually come from corporatism

Discussing economics online is the new "discussing religion online"

COPE

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Unironically this , they have become detached from reality due to state gibs.
Even stem universities are teaching outdated shit in most cases.