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Pinboard

@Pinboard

The light inside is broken, but I still work. The Cadillac of online bookmarking sites. Alleged nocoiner. http://pinboard.in  maciej@ceglowski.com +1 415 610 0231

Lonely street of broken dreams
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    1. Pinboard‏ @Pinboard 21 Apr 2020

      Another naive economics question: what is the bad thing that happens if we quadruple the deficit, or the national debt? And what is the nature of the connection here, if any, between economic theory and observed reality?

      13 replies 3 retweets 38 likes
      Show this thread
      Pinboard‏ @Pinboard 21 Apr 2020

      The fact that the field of economics can't agree on foundational questions ("what is money") and sound like innumerate idiots when they venture into epidemiology makes me think this entire branch of social science is a scam. But I want to believe. Show me!

      7:40 PM - 21 Apr 2020
      • 2 Retweets
      • 65 Likes
      • Alejandro Alex Cyrs the unsinkable sea serpent doitninetimes Steve Bogart 🎵 daniel Andreas Kyng rsdy edef
      14 replies 2 retweets 65 likes
        1. New conversation
        2. Bouboulou le roi des Olfs‏ @TyphonBaalAmmon 21 Apr 2020
          Replying to @Pinboard

          Do you know any field that can agree on foundational questions

          1 reply 0 retweets 1 like
        3. Pinboard‏ @Pinboard 21 Apr 2020
          Replying to @TyphonBaalAmmon

          You don't often hear debates about whether an electron functions as "a store of charge" or is a replacement for a more primitive means of directly exchanging electromotive force

          2 replies 0 retweets 3 likes
        4. Show replies
        1. New conversation
        2. Abie‏ @temptoetiam 21 Apr 2020
          Replying to @Pinboard

          Not sure the definition of money is that big of a deal. Biology has made giant strides without having a entirely satisfying definition of what "life" is, and there are half a dozen different definitions for a species, all useful in some way.

          2 replies 0 retweets 1 like
        3. Pinboard‏ @Pinboard 21 Apr 2020
          Replying to @temptoetiam

          I agree with you entirely. But there's not a "freshwater" and "saltwater" school of biology that believe completely different things, all of them unfalsifiable.

          1 reply 0 retweets 6 likes
        4. Show replies
        1. New conversation
        2. A‏ @diptinto 21 Apr 2020
          Replying to @Pinboard

          The field has many flaws because of the complexity of the space. Think of most rules as having a long list of conditions and exceptions that one may fail to apply in practice.

          1 reply 0 retweets 0 likes
        3. Pinboard‏ @Pinboard 21 Apr 2020
          Replying to @diptinto

          It has no predictive power but awards itself Nobel prizes

          3 replies 0 retweets 8 likes
        4. Show replies
        1. New conversation
        2. Ben Smith‏ @benfsmith 21 Apr 2020
          Replying to @Pinboard

          The “core” of economics theory is broadly accepted by most economists. Health economics is a specialized branch made up of epidemiologists, not economists (e.g., those who studied public health rather than economics). Economists who really understand healthcare are rare

          2 replies 0 retweets 0 likes
        3. Pinboard‏ @Pinboard 21 Apr 2020
          Replying to @benfsmith

          The core of the Catholic faith is widely accepted by the clergy, and there is great agreement on the main points of dogma.

          1 reply 0 retweets 4 likes
        4. Show replies
        1. Shawn Furyan|Free Uighurs|BLM 🇭🇰 🇹🇼‏ @ShawnFuryan 21 Apr 2020
          Replying to @Pinboard

          The one major study that was thought to answer this question turned out to rely on an excel error that, once corrected by a student years later, turned out to negate the headline effects. That study was cited extensively to justify post Financial Crisis fiscal austerity.

          0 replies 0 retweets 0 likes
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        2. Empty Mind‏ @TS8841 21 Apr 2020
          Replying to @Pinboard

          Where did you read about the definition of money? Just curious.

          1 reply 0 retweets 0 likes
        3. Pinboard‏ @Pinboard 21 Apr 2020
          Replying to @TS8841

          Bitcoin tweets

          1 reply 0 retweets 4 likes
        4. Show replies

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