lets welcome more indian nationals into the country to work in tech business

[Robinho]

I'm certainly not an economics genius sas, but i'm flattered you think so.

Economics is pretty simple, once you grasp a few key concepts. In fact, i think most people fall down because they think it's harder than it actually is.

[sasguru]

I'm certainly not an economics genius sas, but i'm flattered you think so.

Economics is pretty simple, once you grasp a few key concepts. In fact, i think most people fall down because they think it's harder than it actually is.

You see you must be a genius.
Humans have been trying to get a perfect economic system for centuries.
Why not claim the millions you could earn as an economics genius, though?
I'm sure you need the money because in one of your previous posts you wanted to borrow loads of cash to invest in property.

[Robinho]

You see you must be a genius.
Humans have been trying to get a perfect economic system for centuries.
Why not claim the millions you could earn as an economics genius?

This highlights the point perfectly.

We had the perfect economic system during the days of barter.

[sasguru]

This highlights the point perfectly.

We had the perfect economic system during the days of barter.

What an incisive, laser-sharp mind you have!
Going back to an economic system practiced 5000 years ago is pure genius!
<<smacks forehead with hand>>
You really are wasted as a lowly .NET dev.

[Robinho]

Indeed, the system was never broken, but silly politicians try to fix it in order to buy votes, ultimately to the detriment of all.

[doodab]

We had the perfect economic system during the days of barter.

Doesn't the lack of a medium of exchange rather stifle trade and innovation?

[Robinho]

Doesn't the lack of a medium of exchange rather stifle trade and innovation?

The point is there was no intervention. A currency can arise naturally, as it did.

[sasguru]

Doesn't the lack of a medium of exchange rather stifle trade and innovation?

Don't be silly, you don't possess the huge IQ of Robby.
Your interjections, sir, are a mere side-show when His Holiness the Ekonomiks Jeenius has spoken.

[Sysman]

As for this, are you claiming there are the same levels of unemployment during a boom than during a recession?

That doesn't sound consistent with reality.

OMG you have actually quoted this argument straight from Paul Krugman's blog.

Martin And The Austrians - NYTimes.com




This is the imbecile that claims that an alien invasion would get us out of this recession.



So not only are you copy and pasting arguments, you are quoting the arugments of a complete moron.

Arguing with yourself now...

[Robinho]

Was referring to eek's post obviously. Just continuing the thread of conversation by posting my previous.