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weso1
Joined: 26 Aug 2010
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 Posted: Tue Oct 18, 2011 5:02 pm Post subject: |
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| Kuros wrote: |
| weso1 wrote: |
Wow, there are actually people here that think they're smarter than a Nobel Prize winning economist?
Where is your PhD in economics from again? Where are your dozen of peer reviewed papers on the topic? Where are your 36 books written on economics? Exactly how many university textbooks have you published? |
How ignorant.
He didn't win his Nobel for his NYTimes Op-Eds. He won them for his academic work: "By having integrated economies of scale into explicit general equilibrium models, Paul Krugman has deepened our understanding of the determinants of trade and the location of economic activity."
What did Aristotle say about the appeal to authority? Its the weakest form of argumentative proof. |
This may be the dumbest post on the internet. Congratulations.
Aristotle meant it's weak to say "the king is right, because he is the king."
It is not weak to say this guy might be right because he has a PhD in economics from MIT, has published dozens of books on economics, has been teaching the subject longer than you have been alive, and is so well trusted by his colleagues that they chose him to right the textbooks on the subject that will teach other people about it.
That's called having credibility. Something you have none of. |
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jvalmer
Joined: 06 Jun 2003
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| Posted: Tue Oct 18, 2011 7:06 pm Post subject: |
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| Let's forget about debating. If a PhD says so, then it's the end of all discussion. |
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UknowsI
Joined: 16 Apr 2009
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| Posted: Tue Oct 18, 2011 7:44 pm Post subject: |
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| weso1 wrote: |
Wow, there are actually people here that think they're smarter than a Nobel Prize winning economist?
Where is your PhD in economics from again? Where are your dozen of peer reviewed papers on the topic? Where are your 36 books written on economics? Exactly how many university textbooks have you published? |
First of all, you don't have to be smart to get a PhD. You can get a PhD through hard work and still be outwitted by the guy running the counter at your local grocery store. Now this doesn't seem to be the case for Paul Krugman, I wouldn't question his intelligent, but intelligent people are wrong all the time, especially in "soft sciences". Otherwise, how come these geniuses doesn't agree with one another?
Now I would like to argue that common knowledge and insight can often be just as valuable as long studies. I respect Karl Marx academical works a lot, but most men who knows them self well know what will happen if their rewards were not based on their sacrifice. A manual labourer might have been as well equipped to understand why communism wouldn't work as a professor. There are very few definite answers in economics, and I think it's worth discussing because simple models made up by simple people can work as well as complex models made by educated people when we have a large lack of knowledge on how the system works. A good example would be economical models which works very well 95% of the time, but doesn't work when it really matters, during economical crisis. There are lots of models like this which works very well for "historical data between 1930 and 1970", but are in reality useless. |
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