Economics Questions

Re: VDare has an interesting observation on the subprime crisis

liberty student — Wed, 29 Jul 2009 08:17:58 GMT

Rooster:
Lots of immigrants and lots of math doesn't mean that immigrants caused math.

However, lots of immigrants, lots of math, and animal spirits = soaring deficits!

Re: VDare has an interesting observation on the subprime crisis

Rooster — Wed, 29 Jul 2009 07:39:30 GMT

Stephen Forde:

Look at the continuity. The article was arguing that the increase in immigrant students was at least partly responsible for the shift toward a more math based curriculum. This is what you said. I agreed. Then you thought I was arguing something else.

Actually my statement was meant to be sarcastic, my fault for being ambiguous.

Lots of immigrants and lots of math doesn't mean that immigrants caused math.

Re: VDare has an interesting observation on the subprime crisis

liberty student — Wed, 29 Jul 2009 07:33:06 GMT

Stephen Forde:
So what? Ethnicity matters.

Not to me. I don't think supporting government immigration policies (for or against) is consistent libertarianism. Or at least, I don't believe so after yesterday.

Stephen Forde:
On a thread last week you said that whites should be concerned about racism against them. And when some ppl are you whine about it?

I said that if whites are going to be concerned about racism, it would make sense for them to be concerned first with racism against whites, rather than racism against non-whites, which they would not have any conception of.

Stephen Forde:
Some of them are, some of them aren't. Peter Brimelow is a hard core libertarian. (not an anarchist though)

It is not possible to be hardcore (from my perspective) if you aren't an anarchist. A hardcore minarchist is still pro-state.

Re: VDare has an interesting observation on the subprime crisis

Stephen — Wed, 29 Jul 2009 07:27:20 GMT

Rooster:

Stephen Forde:

Rooster:
Right, so that means they made it more mathematical instead of just curving their grades.

So are we in agreement then? I mean, that was pretty much what the article was arguing.

Rooster:
What, the article was claiming that immigrants caused more grade curving?

Look at the continuity. The article was arguing that the increase in immigrant students was at least partly responsible for the shift toward a more math based curriculum. This is what you said. I agreed. Then you thought I was arguing something else.

Rooster:
Did you think everyone on here was in high school?

Well, if you did go to university, then you must have had a different experience then I did. I think over half the students are international students @ UOIT.

Re: VDare has an interesting observation on the subprime crisis

Stephen — Wed, 29 Jul 2009 07:19:10 GMT

liberty student:
VDare is ok with immigration if you are a white western-european immigrant. If you are non-white you are definitely out of luck.

So what? Ethnicity matters. On a thread last week you said that whites should be concerned about racism against them. And when some ppl are you whine about it?

liberty student:
these folks are very pro-state

Some of them are, some of them aren't. Peter Brimelow is a hard core libertarian. (not an anarchist though) He spoke @ the Private Property and Freedom Society's third annual conference.

Re: VDare has an interesting observation on the subprime crisis

Rooster — Wed, 29 Jul 2009 07:12:07 GMT

Stephen Forde:

Rooster:
Right, so that means they made it more mathematical instead of just curving their grades.

So are we in agreement then? I mean, that was pretty much what the article was arguing.

Rooster:
Oh, and you are the first person to ever go to college. Congratulations, nice gown!

I don't even know how to respond to that. And you're the first to not go?

What, the article was claiming that immigrants caused more grade curving? I think you've gone off track here.

Did you think everyone on here was in high school?

Re: VDare has an interesting observation on the subprime crisis

Stephen — Wed, 29 Jul 2009 07:05:30 GMT

Rooster:
Right, so that means they made it more mathematical instead of just curving their grades.

So are we in agreement then? I mean, that was pretty much what the article was arguing.

Rooster:
Oh, and you are the first person to ever go to college. Congratulations, nice gown!

I don't even know how to respond to that. And you're the first to not go?

Re: VDare has an interesting observation on the subprime crisis

Juan — Wed, 29 Jul 2009 06:57:50 GMT

Oh, I'm literally loling. I don't think conservatism is in your nature =P

Re: VDare has an interesting observation on the subprime crisis

liberty student — Wed, 29 Jul 2009 06:53:06 GMT

VDare is ok with immigration if you are a white western-european immigrant. If you are non-white you are definitely out of luck.

I've had an epiphany about immigration, and I don't know fully what that means until I have time to digest it. But certainly, these folks are very pro-state, and I no longer believe the argument for immigration enforcement by the state as a second best is a defensible libertarian position.

Ha, you'll like that Juan. I get less conservative every day.

Re: VDare has an interesting observation on the subprime crisis

Rooster — Wed, 29 Jul 2009 06:50:33 GMT

Stephen Forde:

Rooster:
Why, are you more edumacated than me?

If you went to a university, you would see how many non-western students there are.

Rooster:
The fact that economics is highly mathematical is not evidence for their immigration theory.

Once again, if you attended university you would understand the effect of bell-curving and readjustment of course material to try to fit student grades into a nice range of percentiles. Profs don't like the outcome were most of their class gets A's or most of their class gets D's. It looks bad on them. They try to fit most of the class into the C-B range.

Right, so that means they made it more mathematical instead of just curving their grades.

Oh, and you are the first person to ever go to college. Congratulations, nice gown!

Re: VDare has an interesting observation on the subprime crisis

Stephen — Wed, 29 Jul 2009 06:44:51 GMT

Rooster:
Why, are you more edumacated than me?

If you went to a university, you would see how many non-western students there are.

Rooster:
The fact that economics is highly mathematical is not evidence for their immigration theory.

Once again, if you attended university you would understand the effect of bell-curving and readjustment of course material to try to fit student grades into a nice range of percentiles. Profs don't like the outcome were most of their class gets A's or most of their class gets D's. It looks bad on them. They try to fit most of the class into the C-B range.

Re: VDare has an interesting observation on the subprime crisis

Stephen — Wed, 29 Jul 2009 06:37:42 GMT

Juan:
They hate immigrants Forde - why not admit it ?

Peter Brimelow is himself, a British immigrant.

Re: VDare has an interesting observation on the subprime crisis

Rooster — Wed, 29 Jul 2009 04:50:07 GMT

Stephen Forde:

Rooster:
Don't see any evidence for their claim.

You don't go or haven't gone to university. Do/have you?

Why, are you more edumacated than me?

The fact that economics is highly mathematical is not evidence for their immigration theory.

Re: VDare has an interesting observation on the subprime crisis

scineram — Wed, 29 Jul 2009 04:25:49 GMT

emph.

vdare:
But there is one problem: while the Asians students are whizzes at math, they generally do not speak English well. Had they been high-schoolers, remedial English classes would have been mandatory for most of them.

But instead, university economics departments took the easy way out: they altered the curriculum to accommodate the foreigners!

Gone was the history of economic thought. Gone was the economic history course that exposed students to market failures and the importance of psychological factors—what Keynes dubbed “animal spirits”—to a prosperous economy. In their place: mathematically-oriented courses devoid of any historical content or context.

WORD.

Re: VDare has an interesting observation on the subprime crisis

geo8rge — Wed, 29 Jul 2009 04:14:09 GMT

VDare is very anti immigrant but this story is interesting as it suggests a trend in economic theory was caused by lack of communication in a human language. That resulted in highly mathimatical modeling being substituted for other types of thinking.

I suspect the growth of computing power also contributed.

This is related to sub prime as the justification for derivatives is mostly mathematical.