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ScottAdamsSays's profile
Scott Adams
Scott Adams
Scott Adams
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@ScottAdamsSays

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Scott AdamsVerified account

@ScottAdamsSays

My Micro Lesson (2-4 min. videos) on being more happier and more effective in life are on Locals: http://bit.ly/2Ygv2tf 

Pleasanton CA
youtube.com/c/realCoffeeWi…
Joined October 2014

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    Scott Adams‏Verified account @ScottAdamsSays 6 Jun 2017

    Scott Adams Retweeted

    You can turn economics into magical thinking simply by adjusting the discount rate you use. https://twitter.com/JonTucker/status/872057762527801344 …

    Scott Adams added,

    This Tweet is unavailable.
    5:50 AM - 6 Jun 2017
    • 36 Retweets
    • 170 Likes
    • DAVID PAINE Raging Hot Truth Jake DCP عمر Girl_Grimly Chris Bedford White Ghetto Films Michael Barger
    19 replies 36 retweets 170 likes
      1. Art Kilner‏ @RamblingAK 6 Jun 2017
        Replying to @ScottAdamsSays

        The "discount rate" is a myth. The garbage assumption that ANY "discount rate" can be validly used just turns all the models into garbage.

        0 replies 0 retweets 2 likes
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      1. Zyniker  🇺🇸‏ @HC_Zyniker 6 Jun 2017
        Replying to @ScottAdamsSays

        As companies do with their unfunded pension liabilities!

        0 replies 0 retweets 1 like
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      1. 138‏ @kander23682368 6 Jun 2017
        Replying to @ScottAdamsSays

        zactly

        0 replies 0 retweets 0 likes
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      1. New conversation
      2. Jay DeVore‏ @jaydevore 6 Jun 2017
        Replying to @ScottAdamsSays

        You can turn anything into "magical thinking" by "adjusting" the assumptions used in the model. What are you actually saying in your tweet?

        1 reply 0 retweets 0 likes
      3. Eliyahu Switzer‏ @eliyahuswitzer 6 Jun 2017
        Replying to @jaydevore @ScottAdamsSays

        Some outputs are more elastic than others

        0 replies 0 retweets 1 like
      4. End of conversation
      1. Snake Plushkitten - aka da Scarlet Spavined Pigeon‏ @justplncate 6 Jun 2017
        Replying to @ScottAdamsSays

        I lean toward monetarism. The less you try to micromanage, the less man-made mess to clean up.

        0 replies 0 retweets 0 likes
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      1. Michael Daudel‏ @MichaelDaudel 6 Jun 2017
        Replying to @ScottAdamsSays

        Chicken Little meets Sir John Maynard Keynes.

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      1. Art Kilner‏ @RamblingAK 7 Jun 2017
        Replying to @Piopio12856467 @ScottAdamsSays

        Whatever you like as long as you're using your own money. You've just made a very good argument why governments shouldn't be investing.

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      1. Art Kilner‏ @RamblingAK 7 Jun 2017
        Replying to @Piopio12856467 @ScottAdamsSays

        Which is why insurance companies and pensions should be run as private enterprises, whose owners are ultimately at risk for mistakes.

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      1. Art Kilner‏ @RamblingAK 7 Jun 2017
        Replying to @Piopio12856467 @ScottAdamsSays

        Not necessarily... Pensions for those people could be private, they could even have a choice of plans. Not including govt plans.

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