yeah cpi is fucked and no one knows how to measure anything its also possible that the reverse is true eg some stuff that was expensive is now free, how do you handle computer improvements basically I dont trust anything around aggregate prices
-
-
Replying to @eigenrobot @acidshill
theres also a further question of whether it even matters in a practical sense that a lot of cpi is probably massively wrong and im not sure that it does
2 replies 0 retweets 15 likes -
-
Replying to @acidshill @eigenrobot
once again my decision to not believe in Science is vindicated
3 replies 0 retweets 17 likes -
-
-
Replying to @acidshill
its complicated some parts work incredibly well 90% of the time some parts work incredibly well 30% of the time some parts used to work alright and now work badly many parts are just pure trash and always have been
2 replies 0 retweets 11 likes -
Replying to @eigenrobot @acidshill
you got a brief list of the bits that are 90% (I'm assuming these are theories that provide some predictive ability)? Seems like it'd be useful
1 reply 0 retweets 8 likes -
for me to know, i mean
1 reply 0 retweets 7 likes -
Replying to @ollyrobot @acidshill
introductory microeconomics is good theory that works 90% of the time and is worth learning auction theory is actually scientifically precise in some ways but kind of niche past that things get hairy
1 reply 0 retweets 12 likes
honestly just read this. 12 pages http://125.22.40.134:8080/jspui/bitstream/123456789/4082/1/Week%2013.pdf
-
-
Replying to @eigenrobot
“yeah most of economics is bullshit, pretty much just read Hayek and you’re good”
0 replies 0 retweets 5 likesThanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.