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Reply #9: good question... [View All]

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McKenzie Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-07-06 06:19 PM
Response to Reply #8
9. good question...
18th century economics is based upon the assumption that resources are infinite. The most important resource of all - energy - is not and it does not allow for morality in the equation.

We are moral animals - economics is nothing more than an absract without the human factor. Your medical analogy is apt. Times change - economics is still rooted in the past. LOL.
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  -Do You Think That Supply Side Economics Is The Future? Donkeykick  Jan-07-06 05:44 PM   #0 
  - Is this a serious question?  Caution   Jan-07-06 05:51 PM   #1 
  - really, what IS the point of this question?  ret5hd   Jan-07-06 05:55 PM   #3 
  - No. It is Pure Bull.  Coastie for Truth   Jan-07-06 05:54 PM   #2 
  - Thanks for the heads up on the book.  Donkeykick   Jan-07-06 09:25 PM   #11 
  - Ah, Krugman!  Terry in Austin   Jan-08-06 02:44 PM   #32 
  - Absolutely, because as you know  burythehatchet   Jan-07-06 05:59 PM   #4 
  - Only if the boats have not been permenantly beached.  Toots   Jan-08-06 09:14 AM   #13 
     - I hope you detected the sarcasm in my post  burythehatchet   Jan-08-06 09:59 AM   #15 
        - Yes I was just spouting off and not at you, just in general  Toots   Jan-08-06 10:27 AM   #18 
  - Maybe short term but not long term  CatholicEdHead   Jan-07-06 06:02 PM   #5 
  - Just hop in the ole "Way Back" machine.  bvar22   Jan-07-06 06:06 PM   #6 
  - oil prices are treated as a function of supply side economics  McKenzie   Jan-07-06 06:12 PM   #7 
  - Why do some rely on 18th c. economic models, but not on 18th c. medicine?  Nikki Stone 1   Jan-07-06 06:15 PM   #8 
     - good question...  McKenzie   Jan-07-06 06:19 PM   #9 
        - It was the Neoclassicals (marginalists)  depakid   Jan-08-06 10:14 AM   #17 
  - I need to get educated  Jayhawk Lib   Jan-07-06 06:43 PM   #10 
  - Well...  Donkeykick   Jan-08-06 08:59 AM   #12 
  - Better bargain??  Jayhawk Lib   Jan-08-06 01:33 PM   #27 
  - raising tax on the rich  rman   Jan-08-06 10:40 AM   #21 
  - Can Help  Jayhawk Lib   Jan-08-06 01:26 PM   #26 
     - Neither has lowering taxes helped the poor  rman   Jan-08-06 01:40 PM   #28 
        - Why are poor Cubans risking their life to get over here.  Jayhawk Lib   Jan-08-06 02:06 PM   #30 
           - Relatively few Cubans try to go to the US  rman   Jan-09-06 05:36 AM   #33 
              - I would suggest you read this post  Jayhawk Lib   Jan-09-06 03:46 PM   #34 
                 - I already knew some Cubans try to get to the US. It does not prove  rman   Jan-10-06 11:00 AM   #39 
  - Let me keep it simple for your benefit.  Commie Pinko Dirtbag   Jan-09-06 04:24 PM   #37 
  - Demand-Side, Trickle-Up Economics is the future  BlueManDude   Jan-08-06 09:51 AM   #14 
  - Agreed, but I call it economic populism nt  justabob   Jan-08-06 10:41 AM   #22 
     - It's about policies geared toward "the people",  BlueManDude   Jan-08-06 11:05 AM   #24 
        - Right  justabob   Jan-08-06 11:30 AM   #25 
  - Nope. See this thread  Maestro   Jan-08-06 10:01 AM   #16 
  - "Supply Side" is to economics  yella_dawg   Jan-08-06 10:35 AM   #19 
  - what did Galbraith once say.....  ZombieGak   Jan-10-06 11:09 AM   #41 
  - right on- well said.  mantrid   Jan-10-06 12:03 PM   #44 
  - 30 years of it have shown it is a scam  rman   Jan-08-06 10:35 AM   #20 
  - The government is too unstable to handle it  MikeNY   Jan-08-06 10:42 AM   #23 
  - it is the current ideology  leftofthedial   Jan-08-06 01:44 PM   #29 
  - It IS the future  long_green   Jan-08-06 02:18 PM   #31 
  - There used to be another term for "supply-side economics" -  baldguy   Jan-09-06 04:04 PM   #35 
  - As a canard of the right, only as long as we allow them to continue  triguy46   Jan-09-06 04:16 PM   #36 
  - A progressive future?  sweetheart   Jan-09-06 04:27 PM   #38 
  - supply side is insidious right wing propaganda  ZombieGak   Jan-10-06 11:04 AM   #40 
  - Not for much longer....unless you believe....  kentuck   Jan-10-06 11:41 AM   #42 
  - Yes--the future of a Third World United States. I'm already staking out..  yurbud   Jan-10-06 11:44 AM   #43 

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