nobel prize
ok go on.
economist
bye
nobel prize
ok go on.
economist
bye
It always makes me laugh because it's not even a real Nobel prize
incredibly true statement
Literally. It's given out by a different organization than the Nobel prize.
Not that the Nobel Peace Prize or the Nobel Prize in Literature isn't political horse shit half the time...
We did it. The price of food went from "not cheap" to "holy shit" and its still at "holy shit". We won.
Now everybody needs to stop asking for those fucking raises.
A chicken burrito at Taco Johns costs 7 fucking dollars.
I'm just glad we didn't give everybody raises. These economists clearly were right when they said if everybody got a raise inflation would be insane.
Instead we just had massive inflation at the same wages so everybody is fucked.
Wow, great news for off-grid homesteaders living in the middle of fucking nowhere and literally no one else
Laughs in price of agricultural inputs
Literally a Babylon Bee article...
I recently saw the phrase 'food insecurity' and while I've heard it before, I never realized how weird of a phrase it was. It's poverty, food insecurity is the definition of poverty. But because people have phones or something it doesn't count as poverty?
I never realized how weird of a phrase it was.
I never googled "food insecurity" because I could imagine what the definition was. But check out the third sentence on the health.gov page. Emphasis mine.
Food Insecurity - Healthy People 2030
Food insecurity is defined as a household-level economic and social condition of limited or uncertain access to adequate food. In 2020, 13.8 million households were food insecure at some time during the year. Food insecurity does not necessarily cause hunger, but hunger is a possible outcome of food insecurity.
And look at the phrasing - "13.8 million households". How many people is that?
---
Libs love terms that they can use to make something they don't want to think about more abstract. In this case - they can avoid having to use sentences like this...
And libs don't want to seem cruel and dismissive so they would like to avoid...
Enter "food insecurity". Voilà!
No mention of troublesome words like eat, meals, money, hungry or god forbid hunger.
insecurity does not necessarily cause hunger, but hunger is a possible outcome of food insecurity.
Fuck these liberals lol
I think they mean that a person is food insecure if they have to consistently worry about where their next meals will come from, even if they do end up eating every meal.
As much as I hate liberals, the more lib thing to do would be to strictly define the hunger stat to something like "missed more than 3 meals in a row in the last month" or some shit to keep the stats down.
I fucking hate what libs have done to the English language. It's not meant for this kind of bullshit. It was developed by bog people, Hagar the Horrible and flea ridden dirt farmers who's boss made them speak French. We're best off when we're blunt.
legitimately this makes me feel so much despair
Yachts, exotic animals, Fabergé eggs, precious metals, artisanal cocaine... Normal stuff that you'll need in any household.
There’s used boats! And video games! And amusement parks!
Bullshit prize winner in fake “science” says dumb thing, more at 11
Economists are the high priests of capital
: "Please, I just want a house. I'm willing to pay for it and everything, but why are your asking for a million dollars for each?"
: "Awww, look at the dumb naive kid who doesn't understand that it's just a sign the economy is going well, you wouldn't want to hurt ThE eCoNoMy, would you?"
you wouldn't want to hurt ThE eCoNoMy, would you?
Krugman won a Nobel prize? Lmao
No, just the economics wanna-be Nobel prize
Peter Nobel describes the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel as a "false Nobel prize" that dishonours his relative Alfred Nobel, after whom the prize is named, and considers economics to be a pseudoscience.
It's so perfect that the econ Nobel is a knock-off for marketing purposes
Not to be confused with the "joke nobel", the one that was once awarded to Kissinger.
Traditional theory builds on the idea that countries differ in resources like capital and labour, thereby explaining why poor countries export agricultural products and import industrial goods from richer countries. But traditional theory does not explain why, in reality, world trade is dominated by rich countries trading similar goods with each other. For instance, a country like Sweden exports Volvo and SAAB cars but also imports BMW and Toyota cars.
there's some interesting work to be done to understand why krugman was given a nobel prize, from a marxist-leninist viewpoint. his work ultimately serves to justify imperialism, to provide a naturalistic explanation for the disparity between rich and poor countries, and thereby obfuscating the role that neocolonial violence plays in suppressing wages and extracting resources for the benefit of the imperial core. and that the nobel prize committee serves to glorify and reinforce this practice for aspiring economists, as a means of ensuring their loyalty to the regime's ideology and stamping out heresy by withholding their imprimatur.
his award lays bare the farce that is the nobel prize. lmao indeed.
I don't know what's funnier, this
Or this
To be fair, the Internet's impact on the economy is much less than people assume, especially if you compare it to things like electricity, which did radically transform the economy.
Vampire gang stays winning. Garlic becoming too expensive to use as a weapon. Nobody has a home so you don't need permission to enter.
Mark my words: The Amish will survive us all.
I'm more convinced it'll be the Mormons. They're far more tightly organized than the Amish.
While I agree about organization, the Mormons are too dependent on the Technological Industrial Society
Treat based economic benchmarks
This guy made the rounds all through 2016 bashing Bernie and his policies for being unrealistic and lacking pragmatism. Wtf is this?
Lin-Manuel Miranda could write a musical called Bernie.
---
[Lin-Manuel Miranda plays Professor K who enters from stage left. He immediately starts to rap.]
I'm here to econ-ed-u-rap. Bring the economics knowledge and hit ya with a rap.
I won the Nobel Prize for Economics which doesn't scan right but...
[Chorus] It's important (Important)
[Professor K] Bernie's ideas are unrealistic and lack pragmatism. I'm sorry to say.
[Chorus] Sadly true (true)
[Professor K] The way to do it is Bidenomics.
[Chorus] Yay! Bidenomics! Yay!
If you exclude everything the average American needs to survive, Bidenomics totally fixed the entire economy!
Every time Krugman opens his yap I experience the rage all over again from his gaslighting during Bernie's first run that was an obvious ploy for a position in Clinton's cabinet (that he probably would have got if she won). As bad as the Bond villain that was Steve Mnuchin was, I think there's a solid argument that Krugman could and would do much more damage as Treasury Secretary.
as long as you don't need food, protection from the elements, or warmth, Bidenomics works for you.
pile of currency begins cheering
Their whole thing is line go up but they can't even do that and are coping by just drawing scribbles on walls with crayons
no more half measures walter
"People murdered by Nazis ex Jews, LGBT, Leftists, Political Opponents, and the Disabled."
The GDP still looks really weird though (excluding money, nationality, assets and used cars).
Michael Hudson talks shit about Krugman all the time and it’s hilarious
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