tag:blogger.com,1999:blog-2761684730989137546.post1915351132846515655..comments2024-03-28T07:50:06.102-04:00Comments on Mike Norman Economics: Michael Roberts — Turkey: total meltdownmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-2761684730989137546.post-8007274514544130782018-08-12T08:25:19.396-04:002018-08-12T08:25:19.396-04:00Wrong Matt, they want to make (need to make cuz of...Wrong Matt, they want to make (need to make cuz of shareholders) incrementally more money each quarter than their rivals <br /><br />It’s a game of taking more and more of the share or they are losingGreghttps://www.blogger.com/profile/03139782404004492965noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-39203856511438848372018-08-11T18:58:06.071-04:002018-08-11T18:58:06.071-04:00Greg there is not a Business School out there that...Greg there is not a Business School out there that teaches a course called “Neoliberalism 101”...Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-26891880626568661882018-08-11T18:55:36.924-04:002018-08-11T18:55:36.924-04:00Greg you guys whole “ neoliberal conspiracy!” theo...Greg you guys whole “ neoliberal conspiracy!” theory is a fantasy dreamed up by Art Degree economists... it’s not real... it’s Alex Jones stuff...<br /><br />The people running the firms just want to make munnie that is what they are trained to do via a Science methodology... they have science degrees ...Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-16585724884995254482018-08-11T18:52:31.933-04:002018-08-11T18:52:31.933-04:00And all the firms want to do is make munnie... the...And all the firms want to do is make munnie... they don’t care how they do it...Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-27259241224255284362018-08-11T17:14:01.448-04:002018-08-11T17:14:01.448-04:00If they went carbon neutral to shut up the tree hu...If they went carbon neutral to shut up the tree huggers then the tree huggers won. That’s all they wanted<br /><br />Going trade neutral is much more difficult and likely won’t happen. The way these morons measure trade guarantees that whoever is making the most of a deal will be described as cheating. The only trade neutral situation is essentially a socialistic outcome with everyone equal at the end. Can’t happenGreghttps://www.blogger.com/profile/03139782404004492965noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-65040235101668672652018-08-11T13:57:20.118-04:002018-08-11T13:57:20.118-04:00Maybe the firms will do it thrmseles just to shut ...Maybe the firms will do it thrmseles just to shut these econo morons up ...<br /><br />Like they went “carbon neutral!” to shut up all the tree huggers .... they can now go “trade neutral!” to shut up the economists...Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-81689497609231058772018-08-11T12:53:06.536-04:002018-08-11T12:53:06.536-04:00Easier said that done:
1. Trade involves domestic...Easier said that done:<br /><br />1. Trade involves domestic policy affecting socio-economic and political issues. It's not just an economic issue for any country. Failure to understand that this endemic and it is exacerbated by the idea of conventional economics that micro founds macro, so that there is a single representative agent, be it a consumer or producer. The reality is highly nuance and local.<br /><br />2. Capital flows to the highest return based on risk/reward and cost/benefit. US firms investment in production abroad, because it is more profitable. Moreover, the big growth is occurring in the emerging world while the developed world has peaked. <br /><br />3. Strong dollar makes US goods more costly than competitive goods in markets. But US threatening to counter that advantage with tariffs.<br /><br />The only way out is for the vassals and colonies is to pay tribute to the imperial core, just like always when there is an empire.<br />Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-8993284718282117142018-08-11T12:28:05.626-04:002018-08-11T12:28:05.626-04:00Tom all they have to do is balance the trade.... s...Tom all they have to do is balance the trade.... shouldn’t be hard...Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-83575254013511575782018-08-11T12:21:28.416-04:002018-08-11T12:21:28.416-04:00Allah (our well-armed security forces) will provid...Allah (our well-armed security forces) will provide.Peter Panhttps://www.blogger.com/profile/09473311771939167712noreply@blogger.com