More proof that Keynesian policy causes loss in production.

[Anarchist420]

I have long argued that legal tender reduces production (and that IP definitely doesnt increase quality of life), but I didnt know that there was more concrete proof of confederalism/laissez-faire resulting in more production until I came across this.

Your thoughts?

 

[dank69]

You seem to be conflating two entirely different subjects.

 

[alcoholbob]

Modern Keynesians are so far removed from Keynesian economics its more accurate to call them inflationists. Keynesians said stimulate the economy by spending tax surpluses, not print money out of thing air and devalue the currency to dig holes and then fill them up again.

 

[glenn1]

Keynesian policies * confederalism / legal tender - management styles ^ ranting nonsensical OP

Solve for X in this equation and show your work

 

[Attic]

Modern Keynesians are so far removed from Keynesian economics its more accurate to call them inflationists. Keynesians said stimulate the economy by spending tax surpluses, not print money out of thing air and devalue the currency to dig holes and then fill them up again.

This.

We have crony capitalism and non free markets, of course production will suffer and money printing will be needed to paper over fissures in the economy at a certain point.

Keynesian economics makes sense when adhered to. Our current economic policy is absurd to anyone with a smidgen of common sense. Trickle down doesn't work, no matter how it's disguised. To produce at capacity a worker needs to have some belief he's not getting shafted, most folks realize the skim in our economy from the bottom to the top has gone way overboard, not due to batshit insane Keynesian economics, rater due to batshit insane idiots/sociopaths running the asylum (crony capitalism and it's servants).

 

[fskimospy]

Modern Keynesians are so far removed from Keynesian economics its more accurate to call them inflationists. Keynesians said stimulate the economy by spending tax surpluses, not print money out of thing air and devalue the currency to dig holes and then fill them up again.

Actually, Keynes was in favor of expanding the money supply in addition to fiscal stimulus in recessions.

 

[Anarchist420]

Keynesian policies * confederalism / legal tender - management styles ^ ranting nonsensical OP Solve for X in this equation and show your work

It is not nonsensical and that's because if central planning in management of a business reduces production then it logically follows that central planning in any institution means less production.

Actually, Keynes was in favor of expanding the money supply in addition to fiscal stimulus in recessions.

Thank you

 

[Jaepheth]

It is not nonsensical and that's because if central planning in management of a business reduces production then it logically follows that central planning in any institution means less production.

Nope.

You seem to be conflating two entirely different subjects.

Indeed. Wikipedia <> Proof

Hilariously:

Researchers have found that [Laissez-faire leadership] is generally the leadership style that leads to the highest productivity among group members.[4]

Clicking on the article linked at [4]:

Laissez-faire leadership, also known as delegative leadership, is a type of leadership style in which leaders are hands-off and allow group members to make the decisions. Researchers have found that this is generally the leadership style that leads to the lowest productivity among group members.

An intentional mistake if ever I saw one. Someone should edit/correct that (I can't from my current vpn)

 

[Anarchist420]

Nope.

I still think that production would skyrocket if there were more non-hierarchical small businesses (like computer processors being made out of homes just by a few people) and less large corporations that last decades. Look at nvidia for example. They make fewer things that people want and at worse prices than a much smaller graphics company could and that is because their management gets paid so much.

Unfortunately, few people have an entrepreneurial spirit. so we have corporatism (things like IP and "safety" regulations) to create large businesses that are stable over time. that equalizes wealth by creating jobs for people to have control over others. the people commanding under a corporatist system couldnt make much under a laissez-faire system. i mean, the reason roman europeans loved corporatism (i.e., tariffs, "safety" regs, subsidies, and especially IP to preserve the traditional which enabled more people to own private property) and voted it into power so much was because they didnt like the economic inequality brought about by classical liberalism (i.e., laissez-faire capitalism where power doesnt flow from the State to businesses to the people) which allowed entrepreneurship where companies could rise and fall spontaneously.

 

[Moonbeam]

Actually, Keynes was in favor of expanding the money supply in addition to fiscal stimulus in recessions.

As I recall the Egyptians did something similar with grain storage, hording in plus years and using in lean ones. But then, Egyptians kind of lived close to the earth and probably couldn't afford to live in ideological bubble land caused by brain defects.

 

[CountZero]

I still think that production would skyrocket if there were more non-hierarchical small businesses (like computer processors being made out of homes just by a few people) and less large corporations that last decades. Look at nvidia for example. They make fewer things that people want and at worse prices than a much smaller graphics company could and that is because their management gets paid so much.

Let's take Nvidia since you mention it. If what you say is true that Nvidia makes bad things at a bad price then why hasn't AMD taken up the slack? Why hasn't a small company swooped in to reap the obvious rewards?

I guess what I don't get about your theory is how management making money is preventing Nvidia from doing what you think they should? What is it they should be doing that they aren't?

 

[rommelrommel]

Let's take Nvidia since you mention it. If what you say is true that Nvidia makes bad things at a bad price then why hasn't AMD taken up the slack? Why hasn't a small company swooped in to reap the obvious rewards?

I guess what I don't get about your theory is how management making money is preventing Nvidia from doing what you think they should? What is it they should be doing that they aren't?

Either OP is retarded and doesn't know what the barriers to entry are in microprocessor fabrication and why nvidia is a terrible example for the point he's trying to make, or OP is retarded and intentionally picked a terrible example.

 

[Anarchist420]

Let's take Nvidia since you mention it. If what you say is true that Nvidia makes bad things at a bad price then why hasn't AMD taken up the slack? Why hasn't a small company swooped in to reap the obvious rewards? I guess what I don't get about your theory is how management making money is preventing Nvidia from doing what you think they should? What is it they should be doing that they aren't?

AMD hasnt because it's a huge corporation too. IP is partly why a small company hasnt "swooped in to reap the obvious rewards". And while the subsidies both companies get probably arent even 1% of their revenue, they still get them and they would probably ask for more if they felt threatened by competition.

Either OP is retarded and doesn't know what the barriers to entry are in microprocessor fabrication and why nvidia is a terrible example for the point he's trying to make, or OP is retarded and intentionally picked a terrible example.

barriers to entry would be significantly lower if there were less IP. and microprocessor fabrication doesnt have to be as expensive as it is.

 

[Spungo]

I still think that production would skyrocket if there were more non-hierarchical small businesses (like computer processors being made out of homes just by a few people) and less large corporations that last decades. Look at nvidia for example. They make fewer things that people want and at worse prices than a much smaller graphics company could and that is because their management gets paid so much.

LOL
I know you're just trolling, but I'll bite.
Mao Zedong's Great Leap Forward

Conversely, economy of scale

Modern Keynesians are so far removed from Keynesian economics its more accurate to call them inflationists. Keynesians said stimulate the economy by spending tax surpluses, not print money out of thing air and devalue the currency to dig holes and then fill them up again.

He also said you're supposed to run budget surpluses when possible and save that money for a rainy day. From a theoretical perspective, Keynes was brilliant. If you're going to build a national highway with government money, should you do it when the economy is red hot and labor costs are high, or should you do it when high unemployment drives down the cost of construction? Duh, do it when costs are down. Unfortunately, politicians and voters are a combination of evil and stupid, so this never works. The economy is bad: we need larger deficits. The economy is good: we need larger deficits. It turns into a Greek credit crisis: we need to deficit spend our way out of this.

 

[CountZero]

AMD hasnt because it's a huge corporation too. IP is partly why a small company hasnt "swooped in to reap the obvious rewards". And while the subsidies both companies get probably arent even 1% of their revenue, they still get them and they would probably ask for more if they felt threatened by competition.
barriers to entry would be significantly lower if there were less IP. and microprocessor fabrication doesnt have to be as expensive as it is.

You haven't laid out in any sensible manner how being a large corporation has anything at all to do with any of your positions.

What subsidies do Nvidia and AMD get?

I work in semiconductors so your last claim about expense is just baseless. Even if Nvidia gave you the exact verilog they used to describe their chip and you were given all of the IP building blocks (IO, standard cells, memory, etc) the cost to get even a prototype chip made running at half the target speed on a cutting edge process is massive.

I guess the summary of your position would be: I think small flat companies are good and more productive despite having no evidence. I think big corporations are bad because I feel they are. In addition I think IP is bad.

 

[rommelrommel]

You haven't laid out in any sensible manner how being a large corporation has anything at all to do with any of your positions.

What subsidies do Nvidia and AMD get?

I work in semiconductors so your last claim about expense is just baseless. Even if Nvidia gave you the exact verilog they used to describe their chip and you were given all of the IP building blocks (IO, standard cells, memory, etc) the cost to get even a prototype chip made running at half the target speed on a cutting edge process is massive.

I guess the summary of your position would be: I think small flat companies are good and more productive despite having no evidence. I think big corporations are bad because I feel they are. In addition I think IP is bad.

I still think that production would skyrocket if there were more non-hierarchical small businesses (like computer processors being made out of homes just by a few people)

OP is divorced from reality.

 

[Meghan54]

OP is divorced from reality.

Probably. Either that or he's not taking appropriate amounts of his anti-psychotic meds again.

 

[OverVolt]

Hey A420 I'm curious why you choose the topics you do to focus on. IE Keynesian economics and such. Or economics at all, really. And when did you start reading up on it?

 

[Anarchist420]

In any event, I wish I had some safe painless way to commit suicide because I look like an Arab and what that means for the rest of my life.

 

[fskimospy]

In any event, I wish I had some safe painless way to commit suicide because I look like an Arab and what that means for the rest of my life.

Please go seek help. This isn't a joke. If you genuinely feel like life isn't worth living there are lots of people who make it their job to show you why that's not true.

 

[Newell Steamer]

My cat's breath smells like cat food.

 

[Spungo]

In any event, I wish I had some safe painless way to commit suicide because I look like an Arab and what that means for the rest of my life.

In the rare case that you're 100% serious, all I will say is that you should NOT try to OD on Tylenol. One of my friends is a nurse, and she says lots of people do that. It causes liver failure, which is a very slow and painful way to die. Watching so many slow and painful deaths from Tylenol has caused her a lot of stress. I would assume the families are even more stressed from seeing that. I would suggest painless ways to kill yourself, but I think I might get banned if I do that.

If you genuinely feel like life isn't worth living there are lots of people who make it their job to show you why that's not true.

As someone who requires medication to deal with severe depression, I can tell you those people are worse than useless. If anything, talking to those people will make you want to die even more because they can never give you a valid reason to stay alive. The ones who are medical doctors are the worst because their mind set is unbelievably broken; I'm amazed psychiatrists don't have the highest suicide rate among all professions. I think of myself as having the correct mindset - I want a medication that makes me enjoy life; I want that desire/motivation to grab life by the balls and make it my bitch. That would lead to highly regulated dopamine drugs like amphetamine, methylphenidate, and modafinil. Psychiatrists think the exact opposite. Instead of wanting to enjoy life, their main goal is to not care how much life sucks. Their answer: serotonin drugs that make you stop caring about things.

Let's play a fun game. I want you, the person reading this, to figure out which drugs are more closely associated with mass murder, school shootings, and suicide. Is it amphetamine, a dopamine drug that makes you extremely motivated and obsessive like Bill Gates (who worked more than 80 hours per week and often slept in his office), or is it SSRI drugs that make you completely stop caring about life? Hint: it's not amphetamine.

If your goal in life is to murder a bunch of people, then yeah you should go see a psychiatrist right away. Ask him for fluvoxamine then ask where the nearest gun store is. Good luck.

 

[Anarchist420]

In the rare case that you're 100% serious, all I will say is that you should NOT try to OD on Tylenol. One of my friends is a nurse, and she says lots of people do that. It causes liver failure, which is a very slow and painful way to die. Watching so many slow and painful deaths from Tylenol has caused her a lot of stress. I would assume the families are even more stressed from seeing that. I would suggest painless ways to kill yourself, but I think I might get banned if I do that.

Thanks man

If your goal in life is to murder a bunch of people, then yeah you should go see a psychiatrist right away. Ask him for fluvoxamine then ask where the nearest gun store is. Good luck.

I agree. SSRIs made me really mad and made me punch a hole in the wall; they have been involved in most shootings since columbine inclusive. And my last psychiatrist wouldnt prescribe me vyvanse (or adderall) without a piss test every month so I left him and just have my primary care physician prescribe me stuff.

 

[brycejones]

To the OP's topic, I'm pissed the auto industry and commie zoning regulations prevent me from building a car at home. Why can't I smelt and cast iron and steel in the backyard?

 

[Spungo]

I agree. SSRIs made me really mad and made me punch a hole in the wall; they have been involved in most shootings since columbine inclusive. And my last psychiatrist wouldnt prescribe me vyvanse (or adderall) without a piss test every month so I left him and just have my primary care physician prescribe me stuff.

Since amphetamine is really hard to get, try getting sertraline (Zoloft) and bupropion (Wellbutrin) together. One is an SSRI, one is DNRI. Together, they cause a kind of motivation that's hard to describe.