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Kaasproav interesting topic you are right that staying in the sweat shop demonstrates that they prefer the sweat shop to their other alternatives, but i'm not sure what moral weight that carries. if you put a gun to my head and tell me to either poop or die, i will eat poop (yah i said poop). i have demonstrated that i prefer eating poop to dying
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Do you think so? I'd disagree. I think that the Austrian vision of consumer actions is just one of changing, striving, and imperfect, I dunno. As I have posted elsewhere, I am still having a hard time figuring out whether "income effects" are even considered legit in the Austrian model of consumer behavior. I've seen 3 authors giving
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I showed my empirical analysis to my professor. He said that he thought I was doing the analysis wrong. I was all like this: "I'm pretty sure I'm 100% right. But I will double check for your beneft." It turns out that he was right and after correcting my error it totally changes my results (for the worse). Now I'm like.... FUCKING
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NEODOXY. LET'S DO THIS! In particular I think that it's very important to realize that there is no such thing as a perfect consensus in any school of economic thought, and therefore I believe that whatever either of us points to as "the consensus" is going to be somewhat arbitrary and anecdotal. Fair enough. Consensus is probably the
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Dave, In many ways. For example. The integral of the constant function F=1 from zero to four equals the integral from zero to two plus the integral from two to four. [This does not assume two plus two equals four, but follows from the linearity of the integral functional]. The integral form zero to two is two, and from zero to four is four. [This too
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You can prove 2+2=4 using calculus? Interesting. Anyways, I want to make one thing clearer about my original post for anyone else that may care to comment (since looking back it wasn’t as clear as I wanted to be). Note that I explicitly say that I do not think the assumptions Neodoxy mentioned are that different from the assumptions that mainstream
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I always see a lot of threads and even journal articles where Austrians note how they really "get" uncertainty and dynamics and that all of this stuff is ignored in mainstream econ models. On the whole, I think this is totally untrue, but say that it was not. What are you really saying in this thread? You are saying that Austrian economists
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Today I spent my time leisurely working on a paper that is not due till next week and felt really good about it. Only when the day was gone did I remember I have a presentation Thursday I have not started.
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Aw shucks. You ain't gotta be sorry for liking sweet johnny. Sweet johny likes you too.
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lol i love the "time to get shit done" pic. This pic regards dissertations, but it applies to me for my take home exam. I'd rather watch My Name is Earl than do my work. FUCKIN NETFLIX!