tag:blogger.com,1999:blog-6276561747841568697.post504169461758635221..comments2024-03-27T05:23:48.855-04:00Comments on Krugman-in-Wonderland: The Capitalists are Coming! The Capitalists are Coming!William L. Andersonhttp://www.blogger.com/profile/01802990642236807359noreply@blogger.comBlogger28125tag:blogger.com,1999:blog-6276561747841568697.post-29701605850923819212012-12-11T22:14:27.168-05:002012-12-11T22:14:27.168-05:00What I'd really like to know, who was the geni...What I'd really like to know, who was the genius who wrote this:<br /><br /><i>You are wrong. It has <b>nothing to do with</b> the user's past searches</i>.<br /><br />Hmmm, what does "nothing to do with" mean to you? How silly do you want to look here?Telhttp://lnx-bsp.net/noreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-17505058437047228892012-12-11T22:06:50.161-05:002012-12-11T22:06:50.161-05:00What does, "past search information" mea...What does, "past search information" mean to you?<br /><br />So google gets information from more than one source... well goooooly.<br /><br />Scott nailed you good and now you sit and squirm. Can you do some backflips or something?Telhttp://lnx-bsp.net/noreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-89847072573511695212012-12-11T16:58:10.323-05:002012-12-11T16:58:10.323-05:00Google Autocomplete:
It is interesting that you f...<b>Google Autocomplete:</b><br /><br />It is interesting that you failed to read or comprehend the sentence before the one you quoted:<br /><br /><i>As you type, Google's algorithm predicts and displays search queries based on other users' search activities and the contents of web pages indexed by Google.</i><br /><br />What does "other users" mean to you?<br /><br />It's also interesting that you have not observed this while using google.<br /><br />And if you are just playing with me (i.e. you actually do know how Google Autocomplete works), you will not be able to provoke an emotional rant from me similar to that posted by Scott D.<br /><br />Also very interesting is the tribalism. Or maybe Tel == Scott D. == William Anderson. I don't think so -- I would place my bet on tribalism.The only anonymous person trolling this blognoreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-91417223879286167922012-12-11T16:21:48.792-05:002012-12-11T16:21:48.792-05:00I followed the above link about the Google Autocom...I followed the above link about the Google Autocomplete and found:<br /><br /><i>If you're signed in to your Google Account and have Web History enabled, you might also see search queries from relevant searches that you've done in the past.</i><br /><br />... also ...<br /><br /><i>If you aren't signed in to a Google Account, your search experience may be customized based on past search information linked to a cookie on your browser.</i><br /><br />I'm calling a pretty convincing win for Scott D here folks. We need to shop around for better trolls.Telhttp://lnx-bsp.net/noreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-68549629242858057602012-12-11T15:13:44.892-05:002012-12-11T15:13:44.892-05:00Scott D,
FYI (as you say):
Google autocomplete:
...Scott D,<br /><br /><i>FYI</i> (as you say):<br /><br /><b>Google autocomplete:</b><br /><br />You are wrong. It has nothing to do with the user's past searches. Read the following to learn:<br /><br />http://support.google.com/websearch/bin/answer.py?hl=en&answer=106230<br /><br />Try going to google.com to do your search. You might be confusing "Google Autocomplete" with your Google Toolbar search history.<br /><br /><br /><b>IP Addresses:</b><br /><br />You missed my point about the IP address. Please read again what I said in parenthesis: "(should I be making the assumption that Scott D is actually W. Anderson?)" If you are not W. Anderson, I know you do not have access to the IP addresses. I also do NOT believe you are W. Anderson, I was making a point.The only anonymous person trolling this blognoreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-68198904003670108982012-12-11T13:01:35.071-05:002012-12-11T13:01:35.071-05:00"I was referring to the autocomplete function..."I was referring to the autocomplete function of the Google textbox. When the user types in the textbox a dropdown list appears."<br /><br />Yeah, that autocomplete function. The one that operates on past searches that have been saved to the registry in Windows. Weird, considering that you don't frequent this blog, eh? You just "came here in hope of finding substantive economic arguments".Scott Dnoreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-9427096180005130002012-12-11T12:35:30.984-05:002012-12-11T12:35:30.984-05:00@Anonymous,
"You have access to the IP addre...@Anonymous,<br /><br />"You have access to the IP addresses of anyone posting here..."<br /><br />No, I don't. That's not how the internet works. As a visitor to a Blogspot blog, I do not have access to the logs that it would require to connect you to an IP address. FYI.<br /><br />"Second, please provide references to:<br /><br />1) past comments that you believe are the same person *"<br /><br />Really, the more you protest, the more suspect you become. As flippant and dismissive as the tone of your comment was, I have a hard time understanding why you are back to debate this point with me.<br /><br />No, I am not going to trudge through months of blog posts to find all of your dishonest comments. Responding to you, while mildly entertaining, is already taking more time than I would really like to devote. I just want you to realize that you aren't fooling anyone who has been paying attention.<br /><br />"2) arguments from this blogger that are "particularly effective or compelling" **"<br /><br />Irrelevant. I took you to task for posting with the express intent of deceiving readers, not to defend Professor Anderson, his views, or his blogging style. <br /><br />But YET AGAIN, you tip your hand. You expect me to believe that you just happened to wander in yesterday, just happened to express the exact same sentiments that I've seen at least a half-a-dozen times, while quite clearly showing me here that you are a long-time reader of the blog in this statement. I think I've even seen you express the same idea months ago in a comment that Anderson's blog comes just after Krugman's in Google.<br /><br />"Or do you always come to conclusions purely from your gut feelings rather than from evidence resulting from the scientific method?"<br /><br />Oh, you condescending jackass. Get off your moral and intellectual high horse, you pretentious neophyte. If you knew ANYTHING at all about the scientific method, you would realize that it is a methodology used in research, to push back uncertainty by creating test cases that control for as many factors as possible. It is not a tool that is useful in social interaction because of the lack of controls, lack of repeatability and subjective nature of such interactions.<br /><br />I think, in your lack of intellectual sophistication, that what you actually meant to accuse me of was making irrational accusations in my supposed emotionally-charged defense of Prof. Anderson. See, I'm all out-of-control, mentally unstable and borderline paranoiac in my willingness to believe any crazy idea that will feed my confirmation bias, right? Right?<br /><br />No.<br /><br />The first two or three times I see that same post, my mind, which I have trained to seek rational explanations to observed phenomena, accepts that this is possibly a false correlation. I initially reject the intuitive leap that I'm seeing the same person being deliberately deceitful and manipulative.<br /><br />However, from that point, my skepticism is engaged. As more confirming evidence comes in, it seems less and less likely that the same comment expressed in the same structure and style is being repeated by supposedly different people. My mind makes the best guess, given the evidence. No, I can't test my hypothesis directly, but I can be confident that, among the available alternatives, this one is the most likely.<br /><br />So, to conclude, stop being dishonest. It's unethical and makes you look like a jackass. Or, feel free to protest again and continue to provide me with additional evidence that you are a longtime reader who is already very well acquainted with this blog. I'll be happy to pick you to pieces again.Scott Dnoreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-12130383101667652902012-12-11T12:14:12.391-05:002012-12-11T12:14:12.391-05:00Hey The only anonymous person trolling this blog,...Hey The only anonymous person trolling this blog,<br /><br />I tried typing 'krugman' into google and k-i-w didn't appear on the autocomplete function. Worse, it was 5th on page 2.<br /><br />Happy trolling all the same.Balanoreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-36527839917936490372012-12-11T11:50:59.234-05:002012-12-11T11:50:59.234-05:00I suggested to "try typing 'krugman' ...I suggested to "try typing 'krugman' into google. The first entry is 'krugman' and the second entry is 'krugman in wonderland.'"<br /><br />I was referring to the autocomplete function of the Google textbox. When the user types in the textbox a dropdown list appears. The user can then select from the dropdown list rather than typing out the remaining text. I was not referring to the final search results.The only anonymous person trolling this blognoreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-37065968015567695542012-12-11T11:23:13.306-05:002012-12-11T11:23:13.306-05:00Anonymous,
I did a fresh google search of Krugman...Anonymous,<br /><br />I did a fresh google search of Krugman and sadly while Krugman-in-Wonderland is the second entry, it is the second entry on page two....<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-68342482681856934362012-12-11T11:09:05.074-05:002012-12-11T11:09:05.074-05:00@ JG,
"B) Not invest in greater capacity be...@ JG,<br /> <br />"B) Not invest in greater capacity because Obama might raise the marginal tax rate by 4% next year."<br /><br />If you want to get snarky and rude then please take pains to avoid showing your innumeracy. A change from 35% to 39.6% tax rate is an increase of 13%, not 4%. Try working on your basic math skills, as well as some polite manners.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-67760465017726715542012-12-11T02:30:54.113-05:002012-12-11T02:30:54.113-05:00JG,
Only a whatever-Keynesian could come up with ...JG,<br /><br />Only a whatever-Keynesian could come up with the kind of idiotic multiple choice question as the you have posed. Only a economically illiterate person with a pathetic understanding of business will state or imply that current sales alone would determine a businessman's plans to expand production capacity. There is, in your insane Keynesian world, no need for businessmen to try to estimate the future and make investment plans according to those estimates.<br /><br />What is it going to take to get whatever-Keynesian imbeciles to understand the simple point that production takes time????<br /><br />As I said on the other thread, you are just continuing to make a big fool of yourself. Please keep doing it. I am really ROFLMFAO (R for Rolling).Balanoreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-27680405871182534212012-12-10T22:44:38.988-05:002012-12-10T22:44:38.988-05:00We know the problem can't be capital, because ...We know the problem can't be capital, because as Krugman and Keynes have both explained, so long as interest rates are rock bottom, the capitalists cannot unfairly take advantage of their position.<br /><br />So it isn't scarcity of capital that is the problem (of course I don't believe this, and probably neither does Krugman but let's hear him admit in public that the low interest rates are actually the problem).<br /><br />By the way, I don't personally believe that you can achieve as much of a monopoly position in the tech world as you could say 20 years ago. It has become very competitive and with India, China and the states that escaped from the USSR all able to deliver high technology, monopolists really aren't as big a problem as they used to be.<br /><br />I support a competitive market, but I don't think the US government regulators EVER really helped that competitive market. Microsoft was given one particular instruction to comply with which was that they should not create contracts that force computer suppliers to pay for a Microsoft operating system on every machine they deliver (i.e. tie the software to the hardware). They never complied with that instruction, they still don't comply, but it seems everyone is doing it now so no point losing sleep.<br /><br /><b>Mike:</b> <i>And may we please have a moment of silence for the extinction of the Ice Block Deliveryman</i><br /><br />Yeah, I agree things change. However, the reality of it is that people don't change fast enough to handle the dislocations in their life. I'm sympathetic and I'm not opposed to charity. Governments often claim to address this problem, and typically handle it badly. If you stand against change you hold back the water until it won't be held back any more and then the dislocation is greater. If you offer hand outs to compensate, then they get rorted and pockets get stuffed and the genuinely needy still miss out. If you do nothing you are accused of not caring.Telhttp://lnx-bsp.net/noreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-56121379519747748872012-12-10T22:17:40.013-05:002012-12-10T22:17:40.013-05:00"....the fact that every year or so, there is..."....the fact that every year or so, there is a huge political tug-of-war regarding business and individual tax rates, we should not be surprised that there is not more long-term business investment."<br /><br />Let's play a game of multiple choice. Apple is selling tons of iPads, inventory is flying off the shelf. What does Apple do?<br /><br />A) Increase business investment to meet demand for its product.<br /><br />B) Not invest in greater capacity because Obama might raise the marginal tax rate by 4% next year.<br /><br />C) Do nothing because of "uncertainty" in regulatory environment because of regulations like Obamacare.<br /><br />If you answered anything other than "A" then you'll make a fine Austrian economist one day.<br />JGnoreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-70731726226501381802012-12-10T21:20:01.599-05:002012-12-10T21:20:01.599-05:00And may we please have a moment of silence for the...And may we please have a moment of silence for the extinction of the Ice Block Deliveryman. Mikenoreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-46784889240299905852012-12-10T20:07:45.587-05:002012-12-10T20:07:45.587-05:00Still, can innovation and progress really hurt lar...<i>Still, can innovation and progress really hurt large numbers of workers, maybe even workers in general? I often encounter assertions that this can’t happen. But the truth is that it can, and serious economists have been aware of this possibility for almost two centuries.</i><br /><br />Sure can. No more square-rigger sailors, darn few cowboys, the battalions of lumberjacks have become squads, no milkmaids, railroad firemen are a thing of the past, it's a wonder unemployment isn't 100%.Pulverized Conceptshttps://www.blogger.com/profile/14860274211446159849noreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-68467254331371670832012-12-10T19:03:09.503-05:002012-12-10T19:03:09.503-05:00No, Scott D is not me. When I post, I always post ...No, Scott D is not me. When I post, I always post under my name.William L. Andersonhttps://www.blogger.com/profile/01802990642236807359noreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-8524364101929933582012-12-10T16:34:42.844-05:002012-12-10T16:34:42.844-05:00Scott D,
First, try typing "krugman" in...Scott D,<br /><br />First, try typing "krugman" into google. The first entry is "krugman" and the second entry is "krugman in wonderland." Maybe you should be happy about that rather than assuming anyone with a criticism is <i>obviously</i> the same person. You have access to the IP addresses of anyone posting here -- use them (should I be making the assumption that Scott D is actually W. Anderson?).<br /><br />Second, please provide references to:<br /><br />1) past comments that you believe are the same person *<br />2) arguments from this blogger that are "particularly effective or compelling" **<br /><br />* [The logic being, boy, there could not be more than one person that sees a straw man argument. Lord Keynes also mention the straw man. Are you saying I'm Lord Keynes?]<br /><br />** If you can't recognize fallacious arguments, start here:<br />http://en.wikipedia.org/wiki/Fallacy<br /><br />Or do you always come to conclusions purely from your gut feelings rather than from evidence resulting from the scientific method?<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-71953330445957123962012-12-10T16:08:33.640-05:002012-12-10T16:08:33.640-05:00Yep, the same guy writes each post and goes on abo...Yep, the same guy writes each post and goes on about how he had so dearly hoped to find intelligent discussion, but got this crap, instead. Hey, if you don't want to be offended or disappointed, read something else.<br /><br />But don't come here pretending to be in an "honest" search of something you wouldn't accept anyway: criticism of Paul Krugman.William L. Andersonhttps://www.blogger.com/profile/01802990642236807359noreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-36288119233914014372012-12-10T14:54:23.377-05:002012-12-10T14:54:23.377-05:00Anonymous,
It's pretty obvious that you are t...Anonymous,<br /><br />It's pretty obvious that you are the same person dropping in every week or two with the same useless comment.<br /><br />The structure is:<br /><br />1. I came here hopeful<br />2. I was disappointed<br />3. You fail at arguments<br />4. Boy, Krugman's logic sure must be unassailable because I have the darndest time finding anything that refutes him (even though I'm really trying hard!)<br /><br />What you are doing is not particularly effective or compelling. You're creating a narrative and a very obviously false one in the hopes of provoking an emotional, rather than a rational, response from readers. Argumentation is hard.Scott Dnoreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-30343015299738332272012-12-10T13:56:17.696-05:002012-12-10T13:56:17.696-05:00I came here in hope of finding substantive economi...I came here in hope of finding substantive economic arguments; all I found was a straw man and a blogger jabbing his dull bayonet into the air.<br /><br />[I don't expect you to approve this post (if that's your process). Just hope you might reconsider using your blog for something more scholarly. It would be great to see rebuttals to Krugman's editorials and blog posts.]Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-22123359534129936572012-12-10T12:49:10.448-05:002012-12-10T12:49:10.448-05:00He is being a luddite if he promotes creating a jo...He is being a luddite if he promotes creating a job as an end in itself which his articles have been doing.Dineronoreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-1403626309434400572012-12-10T11:38:47.084-05:002012-12-10T11:38:47.084-05:00Corrections:
I do not ask you to believe that str...Corrections:<br /><br />I do not ask you to believe that structural unemployment caused by technology is a real factor merely because Say says so: I referred to him as an aside in brackets merely to mention, as an interesting tidbit of relevant data, that even a laissez faire economist like Say did recognise such a thing.<br /><br />There's no fallacy of appeal to authority involved in that.Lord Keyneshttps://www.blogger.com/profile/06556863604205200159noreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-52794545035092271122012-12-10T11:36:01.724-05:002012-12-10T11:36:01.724-05:00(1) "This reminds me of the Paul Craig Robert...(1) <i>"This reminds me of the Paul Craig Roberts's claim that if capital is mobile across international borders, the Law of Opportunity Cost no longer applies (which is a way of saying that mobile capital eliminates the Law of Scarcity)."</i><br /><br />In fact, what Roberts said is that mobile capital between nations means one of the fundamental assumptions of Ricardo's law of comparative advantage (or what Mises calls the “Ricardian law of association”) is invalid, which renders his "law" suspect.<br /><br />And not only Roberts, but even Mises recognises this:<br /><br /><i>"Ricardo, however, starts from the assumption that <b>there is mobility of capital and labor only within each country</b>, and not between the various countries …. <b>Now, Ricardo’s assumptions by and large held good for his age. Later, in the course of the nineteenth century, conditions changed.</b> The immobility of capital and labor gave way; international transfer of capital and labor became more and more common. Then came a reaction. Today capital and labor are again restricted in their mobility. Reality again corresponds to the Ricardian assumptions"</i> (Mises, L. 1996. Human Action: A Treatise on Economics [4th rev. edn], Fox and Wilkes, San Francisco. p. 164).<br /><br />http://socialdemocracy21stcentury.blogspot.com/2011/01/mises-on-ricardian-law-of-association.html<br /><br />(2) <i>" No, the evil capitalists not only are using robots and permanently displacing workers"</i><br /><br />Except Krugman never blames capitalists for using robots or calls them "evil" - that is just your laughable straw man.<br /><br />What Krugman is saying is that increasing automation will have negative externalities. He is not advocating Ludditism. You have not refuted his argument that mass automation might have negative consequences, you have just evaded it.<br /><br />(3) <i>" In a free market, there would be nothing out of the ordinary that would ... etc.</i><br /><br />And, curiously, when challenged to tell us what you mean by "free market", you've never done so.<br /><br />Do you mean by "free market" Rothbardian anarcho-capitalism with no government whatsoever?<br /><br />Or do you advocate Mises' brand of small state classical liberalism?<br />Lord Keyneshttps://www.blogger.com/profile/06556863604205200159noreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-89720836913654292252012-12-10T11:20:53.724-05:002012-12-10T11:20:53.724-05:00"Like all good Keynesians, LK engages in the ...<i>"Like all good Keynesians, LK engages in the fallacy of Appeal to Authority. "</i><br /><br />No, I don't, Andersen.<br /><br />I do not ask you to believe that structural unemployment caused by technology is real factor <i>merely because Say says so</i>: I referred to him as an aside in brackets merely to mention, as am interest tidbit of relevant data, that even a laissez faire economist like Say did recognise such a thing.<br /><br /><br /><br />Lord Keyneshttps://www.blogger.com/profile/06556863604205200159noreply@blogger.com