Why do people who haven't taken an intro to economics course and don't know what a differential equation is make decisions on behalf of entire nations? Why are universities allowed to teach policy courses/political (((science))) without even the most basic quantitative concepts? Shouldn't the prime minister, for instance, be smarter than an engineer since he is making decisions that impact millions of people?
Why do people who haven't taken an intro to economics course and don't know what a differential equation is make...
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god she's beautiful
>t. incel
She's disgusting wtf are you saying?
> SJW glasses
> Man arms
She has a nice body and honestly memes aside about her eye spacing, she is good looking. Def way better than her ugly boyfriend. Almost want to cuck that faggot
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The only thot deserving of betabux.
This is one of the weaknesses of our system. A good system would not allow an acting teacher to be PM. In places like China, only the top students are able to get government positions and people that work there way up have to be highly competent.
A scientist or engineer have different skill sets that may not prove to be applicable to governing people. Just as politically capable people are not always able to understand science or engineering
Years ago, I used to think she was sort of attractive. But after learning that she's 1/4 nigger, and hearing the stories about her filthy cat-shit-strewn apartment, and about how batshit insane she is... I literally feel a bit sick every time I see one of her pictures now.
>t. graduated in an engineer/economics and cant find a job with it
came to post this
God, she's ugly
gOD I WANNA IMPREGNATE HER FEET
I don't accept them to be specialists in math or engineering but having some experience with higher maths and basic economics can help politicians make more informed choices. You can be the most well meaning and sincere leader in the world but if you can't properly interpret a graph or other data that WAS concocted by specialists for specialists, you can be easily duped by agenda driven interest groups. I am aware that leaders usually have specialist advisors that make the meat of policy but to be an effective leader rather than a pawn you need to have at least some idea what your subordinates are doing.
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The intellectual den known as Jow Forums
You realize that she leaked audio of 4chad freaking out over his body dysmorphia, right? She's really stupid and thinks she isn't, but there's not a lot to suggest she's crazier than the average e-celeb (which admittedly isn't saying much).
Have sex
The best leaders will be those who do not want to lead. Do not be led HUMANS! Make your own path! You're amazing! Anyways to your point op, I agree. However, good leaders are not necessarily created in a class room and thus you pretty much take whatever leader you're given. The best of those leaders will achieve some end.
>tfw you'll never get to fall softly asleep next to her only to be woken in the middle of the night by a massive nigger brrrap
Darwinian rarity?
That's your country on democracy.
When every retard can vote and all votes have equal value.
>all votes have equal value
Not with the electoral college
What was he name of the other e-celeb chick that got a job at subway?
doesn’t she have herpes now?
>She
Ok anons, real question: do you start unbuttoning her from legs to chest or chest to legs?
why do people who only care about making money think they should make laws?
Intelligence only improves electability up to a point.
Stop making sense on Jow Forums, this is a shill and retarded golem board.
Neither. I'd just pull the skirt up and bend her over.
hey OP i have a question about economics so as far as im aware the influx of money is on
market forces right so
im curious would a monetary system that used
energy as a barometer be more stable ?
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A man of real class user
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i was trying to devise an structure to appose the supply and demand model that we currently use because of the pit falls like:
>getting under paid for your products value in a buyers market
>and limited supply tends to favour the rich
surly things should cost" what they cost to produce or is this just a notion that completely lost these days ?
Then pull shirt down over tits and fondle, Skyscraper style.
The amount of money circulating in the economy is based on interest rates, which the central bank manipulates by selling and buying up government bonds. When the central bank buys government bonds it transfers cash to commercial banks' reserves. Commercial banks don't like keeping a lot of reserves when they could lend that money and earn interest so they make lots of loans. Because the market for money operates like any other, increased supply of money causes the interest rate (the 'price' of borrowing) to fall. Consumers and businesses have more money to spend because of the cheap loans. That is why bond prices and interest rates are inversely proportional. Creating loans is how money is 'created' and banks' reserves are less than 10% of their total money.
Better question is why do people who just take an intro to econ class make decisions ok behalf of entire nations? Econfag here and fuck all of you who think they know anything about econ.
In monopolistic markets there is almost always a shortage. In the case of a single price monopoly (a monopoly that sells its product at one price to all buyers), the firm's profit maximizing price is NOT the equilibríum amount in a competitive market. Because this firm (let's say in the cause of a monopoly market with only one firm/producer) is the only one supplying the market it can control the price by controlling the quantity so it will underproduce to increase price and maximize profit. A price-discriminating monopoly is economically more efficient because it can produce close to the equilibriun quantity (the intersection of the firm's demand marginal cost and demand curve) by charging different people different prices for the same product. However, you as a buyer get less excess value ('consumer surplus') for the product as a result of price discrimination. The value you lose goes to the firm.
In a competitive market, firms are 'price takers' they cannot influence the prices like this.
It's not that I think I know everything but everyone has an opinion about the economy and when you do take those courses you start to realize how little the average person knows. You see politicians either blatantly lying or talking out their ass and people buy it. You see the essence of clown world.
Because people don't act logically according to fixed mathematics principles. To rely solely on the numbers for making decisions is as stupid and disastrous as making them purely on emotions.
Intro to Econ is incredibly basic you're not even skimming the surface. And the biggest problem is people take it and then try to find a way to shape what they learned into what they believe. Then you get people like AOC. When she says anything about econ you can clearly see she took the tests. Passed them and then ignored what was actually taught.
i can see how controlling product would effect the price but this wouldnt this be the case if price was established buy manufacturing costs ie energy consumed workers paid and overhead
I wouldn't go that far, but her body really is built for hardcore breeding. It's the very definition of hentai, you can't help but think of all the lewd, hot, irresponsibly violent fucking you'd give her at the soonest opportunity when you see her in a nice, fitting dress
Why not cuck that faggot? I can't imagine Brittany is terribly hard to get a hold of, not like she's some Hollywood celebrity or something. Depending on how good looking/socially apt/rich you are, she might be willing to fuck you
The prices are established by the firm's costs. It's just that for reasons when you make a monopoly produce at the "efficient" level it may consistently lose money and go out of business. There are regulations that are imposed that make monopolies produce closer to the efficient quantity without making losses such as 'average cost pricing'.
No thot deserves betabux, you cuck. Not for free anyway
is there a full video of this?
actually no, henry ford was a key person to start this type of assembly line. He said in an interview he could tell what any part of his car did, and then someone asked "what does this do?" then ford said "hey (I forget his name) what does it do?" then one of his employees explained... what it did. the point is to pay and respect those types of people and not acy like somehow handling the finances of a company makes you better then the people actually running the business. This is why corporations exist: so everyone can own it and run it into the ground as a group rather then just one asshole, there are hundreds, thousands even. and you got the board of directors, and the president, and the ceo, and they all work together with their own spoiled interests that tug and pull in different ways.
>VENTI MOMMY MILKIES
One of her exes said she's filthy as fuck and not in a good way
KOOCHIE
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also dose putting the price above the cost in any respect to make quick profit not only undermine working pay but alos cause inflation so unless you invest immediately in things were all at a loss ?
and surly if companies are taking loans to fund there enterprise why are we paying for it anyway ?
Yeah, the government budget, contracts, strategies and reports about every possible thing just need your fee-fees to be interpreted.
Jerome (Jay) Powell, the Federal Reserve Chairman, doesn't have a degree in Economic. Or math.
He's a lawyer / Republican crony.
We're fucked.
Inflation is caused by increasing the amount of money. And yes, a single price monopoly causes what is called a "deadweight loss" by underproducing. The deadweight loss is excess value ('surplus') that no one gets.
I don't rly understand this question.
BTW I only took the two intro courses to econ because my jew university forced me to pick liberal arts gen ed courses so don't expect me to know all this bullshit in depth. Some user in here said he majored in economics so maybe he's better equipped to answer questions.
en.wikipedia.org
>A survey of 30 economists in March 2017 noted that Powell was slightly more of a monetary dove than the average member of the Board of Governors.
en.wikipedia.org
>A monetary hawk, or hawk for short, is someone who advocates keeping inflation low as the top priority in monetary policy. In contrast, a monetary dove is someone who emphasizes other issues, especially low unemployment, over low inflation.
Sounds like America is about to experience Canadian meat prices. Now's a good time to start getting used to the taste of crickets because soon it'll be all you have to eat, goy.
No one can be smarter than everyone at everything?
You just have to be smart enough to recognize expertise and put it to it's use.
But lack of honesty and intention to fix problems is what's holding that back.
I'd love that ass in my face after a long day.
Thats elitism user. Remember all opinions are equal and diversity is our strength
Imagine believing that economics is not mostly astrology at best.
American educational system strikes again
Better than just trusting Shlomo on his word.
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disgusting mutated creatures
I want to smash
oh god, I wish she would sit on my face