Saturday, October 5, 2013

Chris Dillow — What I Learned At Oxford


How to study economics.

Link to Bill Mitchell, too.

Stumbling and Mumbling
Chris Dillow | Investors Chronicle (UK)

1 comment:

Darren said...

Saw this via http://www.twitter.com/mattcowgill this morning and I can only conclude that the author is a relatively new reader to Bill's blog.

As long time readers know that Bill's blogging is mostly an exercise for his own benefit. He has said so in a past blog. I just spent a bit of time looking for it but couldn't find it. So outside of Saturday Quizzes Bill is not attempting to be a tutor.

Also as a vocational education trainer (tech college teacher) I'm aware that we all have different learning styles. Personally for me if you put emotion into the argument first you'll lose the argument. So from my POV, point 4 is wrong. The mostly absence of emotion in the topic is what took me down the MMT path, that and the relatively plain English.

Point 3 is only half right 1+1=2 is right in isolation, true in maths, accounting, economics, political framing does not come into it. Political framing is little more than Public Relations which is little more than baffle you with bull dung until you agree with the hosts POV. Show me the logic of how you get there.

And now I have to prove I'm not a robot though I may be given what I just said. I will get emotional about unemployment though because I have been there, currently am there and fairly well convinced current mainstream orthodox economics don't care who they hurt as long as their social circle remains OK