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Economics Makes You Sociopathic
Posted: Mon Feb 24, 2014 9:42 am
by kalm
Interesting studies which explain quite a bit. Turns out people like Friedman, Hayek, Sowell, and Blankfein really do believe their own bullshit. JSO will NOT like the remedies suggested by the Wharton School business prof. Classic egalitarian mind re-training.
Where do you stand on the positive driving force of greed? Is empathy for suckers?
.....Deeeeescuss.
Until then, we may be dooming students and society to a fate foreshadowed by Nobel Prize-winning economist and philosopher Amartya Sen. Calling economists "rational fools," Sen observed: "The purely economic man is indeed close to being a social moron."
http://www.huffingtonpost.com/adam-gran ... 41384.html" onclick="window.open(this.href);return false;
Re: Economics Makes You Sociopathic
Posted: Mon Feb 24, 2014 9:52 am
by GannonFan
The study doesn't make any sense - there are tons of examples in that study of what happens when students are asked whether they would share their own money or hoard it - the premise is flawed, students don't have their own money, they have either debt or their parent's money. Until it's their own money we don't really know how they would react, economist or not.

Re: Economics Makes You Sociopathic
Posted: Mon Feb 24, 2014 10:22 am
by houndawg
kalm wrote:Interesting studies which explain quite a bit. Turns out people like Friedman, Hayek, Sowell, and Blankfein really do believe their own bullshit. JSO will NOT like the remedies suggested by the Wharton School business prof. Classic egalitarian mind re-training.
Where do you stand on the positive driving force of greed? Is empathy for suckers?
.....Deeeeescuss.
Until then, we may be dooming students and society to a fate foreshadowed by Nobel Prize-winning economist and philosopher Amartya Sen. Calling economists "rational fools," Sen observed: "The purely economic man is indeed close to being a social moron."
http://www.huffingtonpost.com/adam-gran ... 41384.html" onclick="window.open(this.href);return false;
Economists don't strike me as being much different from astrologers.
Re: Economics Makes You Sociopathic
Posted: Mon Feb 24, 2014 10:23 am
by houndawg
GannonFan wrote:The study doesn't make any sense - there are tons of examples in that study of what happens when students are asked whether they would share their own money or hoard it - the premise is flawed, students don't have their own money, they have either debt or their parent's money.
Until it's their own money we don't really know how they would react, economist or not. 
It won't be their money for a long time either.
Re: Economics Makes You Sociopathic
Posted: Mon Feb 24, 2014 1:13 pm
by OL FU
houndawg wrote:kalm wrote:Interesting studies which explain quite a bit. Turns out people like Friedman, Hayek, Sowell, and Blankfein really do believe their own bullshit. JSO will NOT like the remedies suggested by the Wharton School business prof. Classic egalitarian mind re-training.
Where do you stand on the positive driving force of greed? Is empathy for suckers?
.....Deeeeescuss.
http://www.huffingtonpost.com/adam-gran ... 41384.html" onclick="window.open(this.href);return false;
Economists don't strike me as being much different from astrologers.
Or Climatologist
Model this,
model that.
Make a tweak and well
That's that

Re: Economics Makes You Sociopathic
Posted: Mon Feb 24, 2014 1:48 pm
by Baldy
OL FU wrote:houndawg wrote:
Economists don't strike me as being much different from astrologers.
Or Climatologist
Model this,
model that.
Make a tweak and well
That's that

Well played, Sir.

Re: Economics Makes You Sociopathic
Posted: Mon Feb 24, 2014 2:16 pm
by AZGrizFan
Re: Economics Makes You Sociopathic
Posted: Mon Feb 24, 2014 2:55 pm
by HI54UNI
Re: Economics Makes You Sociopathic
Posted: Mon Feb 24, 2014 3:20 pm
by CID1990
OL FU wrote:houndawg wrote:
Economists don't strike me as being much different from astrologers.
Or Climatologist
Model this,
model that.
Make a tweak and well
That's that

Dang
Ive tried to hoist people on that petard like you just did but Im just not that eloquent
Re: Economics Makes You Sociopathic
Posted: Mon Feb 24, 2014 4:01 pm
by Baldy
kalm wrote:Interesting studies which explain quite a bit. Turns out people like Friedman, Hayek, Sowell, and Blankfein really do believe their own bullshit. JSO will NOT like the remedies suggested by the Wharton School business prof. Classic egalitarian mind re-training.
Where do you stand on the positive driving force of greed? Is empathy for suckers?
.....Deeeeescuss.
Until then, we may be dooming students and society to a fate foreshadowed by Nobel Prize-winning economist and philosopher Amartya Sen. Calling economists "rational fools," Sen observed: "The purely economic man is indeed close to being a social moron."
http://www.huffingtonpost.com/adam-gran ... 41384.html" onclick="window.open(this.href);return false;
Keynesians.

Re: Economics Makes You Sociopathic
Posted: Mon Feb 24, 2014 5:39 pm
by houndawg
CID1990 wrote:OL FU wrote:
Or Climatologist
Model this,
model that.
Make a tweak and well
That's that

Dang
Ive tried to hoist people on that petard like you just did but Im just not that eloquent
you do OK for a flatfoot.

Re: Economics Makes You Sociopathic
Posted: Mon Feb 24, 2014 6:32 pm
by AZGrizFan
kalm wrote:Interesting studies which explain quite a bit. Turns out people like Friedman, Hayek, Sowell, and Blankfein really do believe their own bullshit. JSO will NOT like the remedies suggested by the Wharton School business prof. Classic egalitarian mind re-training.
Where do you stand on the positive driving force of greed? Is empathy for suckers?
.....Deeeeescuss.
Until then, we may be dooming students and society to a fate foreshadowed by Nobel Prize-winning economist and philosopher Amartya Sen. Calling economists "rational fools," Sen observed: "The purely economic man is indeed close to being a social moron."
http://www.huffingtonpost.com/adam-gran ... 41384.html" onclick="window.open(this.href);return false;
I'll take Sowell's word over any of these yokels.
Re: Economics Makes You Sociopathic
Posted: Mon Feb 24, 2014 6:56 pm
by kalm
AZGrizFan wrote:kalm wrote:Interesting studies which explain quite a bit. Turns out people like Friedman, Hayek, Sowell, and Blankfein really do believe their own bullshit. JSO will NOT like the remedies suggested by the Wharton School business prof. Classic egalitarian mind re-training.
Where do you stand on the positive driving force of greed? Is empathy for suckers?
.....Deeeeescuss.
http://www.huffingtonpost.com/adam-gran ... 41384.html" onclick="window.open(this.href);return false;
I'll take Sowell's word over any of these yokels.
Of course you would.
