tag:blogger.com,1999:blog-2761684730989137546.post1325076227552694659..comments2024-03-28T07:50:06.102-04:00Comments on Mike Norman Economics: Old Heterodox Banking Debates — Brian Romanchukmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-2761684730989137546.post-47419984831512445442023-01-20T07:45:28.209-05:002023-01-20T07:45:28.209-05:00https://en.wikipedia.org/wiki/Straight_manhttps://en.wikipedia.org/wiki/Straight_manMatt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-39615418911057646252023-01-19T18:21:40.128-05:002023-01-19T18:21:40.128-05:00What is the name of the methodology wherein you st...<i>What is the name of the methodology wherein you start with a conclusion, and then work backwards to confirm it?</i><br /><br /><a href="https://www.logicallyfallacious.com/logicalfallacies/Begging-the-Question" rel="nofollow">Begging the question</a><br /><br />Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-56817481069064939762023-01-19T16:49:57.239-05:002023-01-19T16:49:57.239-05:00I don’t hear Larry summers complaining…
He feels ...I don’t hear Larry summers complaining…<br /><br />He feels vindicated finally…Matt Frankohttps://www.blogger.com/profile/11082502216984169113noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-20655159751666236032023-01-19T16:48:23.973-05:002023-01-19T16:48:23.973-05:00So they start with the theory of monetarism thrn j...So they start with the theory of monetarism thrn just wait until there is a general price increase at the same time as the central bank liabilities increase and say “see! We were right!”<br /><br />Pretty easy to explain …it’s their training…Matt Frankohttps://www.blogger.com/profile/11082502216984169113noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-69116522630276194412023-01-19T16:45:13.938-05:002023-01-19T16:45:13.938-05:00Yo it’s called the Art degree methodology…
Here:
...Yo it’s called the Art degree methodology…<br /><br />Here:<br /><br />https://undergrad.wharton.upenn.edu/academics/bs-in-economics/<br /><br />“ In a liberal arts setting, students often learn by starting with a theory or abstract idea. After fully understanding the theory, they then look for problems to understand how the theory applies.”<br /><br />This is how it’s SUPPOSED to work …<br /><br />I don’t see how any art degree person could complain… 🤔Matt Frankohttps://www.blogger.com/profile/11082502216984169113noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-12937213509750417452023-01-19T14:04:01.366-05:002023-01-19T14:04:01.366-05:00What is the name of the methodology wherein you st...What is the name of the methodology wherein you start with a conclusion, and then work backwards to confirm it?Peter Panhttps://www.blogger.com/profile/09473311771939167712noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-73265730794081868182023-01-19T08:31:36.637-05:002023-01-19T08:31:36.637-05:00“ And the only reason it is controversial is becau...“ And the only reason it is controversial is because Monetarists refuse to accept the reality that they were totally wrong about the fad of “monetary base targeting” in the 1970s/1980s, so they continue to make stuff up.”<br /><br />Completely legitimate response under the Art degree methodology…<br /><br />Hegel: “ if the facts disagree with the theory then so much worse for the facts”<br /><br />“um so schlimmer für die Fakten”<br /><br />Textbook Art degree 101.,,<br /><br />We see it every day…Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.com