On Mar 2, 2:49 pm, Erik Max Francis <
m...@alcyone.com> wrote:
> >> The simple fact is that he routinely and laughably
> >> states "economic facts" that are demonstrably false as indicated in any
> >> introductory economics textbook, at least insofar as we've seen in
> >> rec.arts.sf.science (maybe he's brilliantly insightful about economics
> >> in rec.arts.sf.written for all we know).
>
> > Excuse me? Name ONE such.
>
> Let's see. I've only been exposed to your ridiculousness on r.a.sf.s,
> but here's a couple of easy ones off the top of my head.
>
> How about that time you insisted that a lottery player would ultimately
> win the long run? That was pretty funny.
The probability of always losing goes to zero as the number of trials
goes to infinity, REGARDLESS of the (non-zero) odds. Probability and
statistics 101.
lim n->infinity (1-p)^n, p>0 = 0 is a rather trivial calculus problem.
YOU are dead wrong here. I am right, as always.
> Or the time that you emphasized that a person who got taken in by a
> confidence trickster really was making a good economic decision, but
> only for the time that he thought it was legitimate?
Right. He was wrong, not stupid. You scrimp and save and invest for
retirement your entire life, and get hit by a bus the day before.
Were you making a bad economic decision? No. Same deal.
Once again YOU are wrong, and I am right.
> Yes, that's right
> kids, it's sound economic judgement as long as you remain ignorant of
> the fact that you're being swindled.
The problem here is clearly YOU, and your adolescent understanding of
the world.
> Or, to pick a more mundane example, how about that time that you
> insisted that the "official" (whatever that means) economic term for
> something was determined by the equivalent of a Google Fight, rather
> than restoring to, y'know, anything to do with any tools that one might
> have gathered in the course of a technical education on any subject, let
> alone economics?
You will have to be more specific.
> And that's only the things to do (peripherally or not) with economics?
> You've had much grander fuckups on a wider arrangement of topics that
> have come up related to other technical subjects.
No, I really don't. Your ignorant prejudices do not constitute
revealed truth. The problem is clearly you, not me.
> > If you like I can go into quite extensive
> > mathematical detail about whys and wherefores.
>
> Why do you never, ever do so, then?
Because it takes a great deal of effort and no one ever engages with
it. You just stick your fingers in your ears and sing 'la-la-la-I-
can't-hear-you'. So I quit wasting the time (unless I am in a
particularly good mood). You are incapable of understanding it
anyway.
> You just assert ridiculously stupid
> things, an when called on it, continue to assert it more and more
> ridiculously.
Thew world does not work the way YOU think it does. That does not
make ME the ridiculous one...
> > That somethign is printed in a
> > textbook is irrelevant. if it's wrong it's wrong.
>
> And yet you never feel justified in pointing out _why_ it's wrong; you
> just resort to appeals to self-authority. "Because I said so" is not a
> very convincing argument when you're a blowhard and can't back it up
> with anything more than repeating yourself.
Since you neither understand nor engage with the actual reasoning, I
must resort to the sort of juvenile nonsense you CAN understand.