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Invisiblememes
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Registered: 01/11/05
Posts: 27,785
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Re: Economy [Re: DieCommie]
    #14569955 - 06/06/11 03:27 PM (12 years, 11 months ago)

:brushes shoulder:

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OfflineGuruBushHippie
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Re: Economy [Re: DieCommie]
    #14572296 - 06/06/11 11:43 PM (12 years, 11 months ago)

Quote:

DieCommie said:
Its not a perfect fractal though, it only resembles fractals at certain scales.  (Like an how an egg only resembles a sphere)



yeah, it's definitely cool. i like the example of a conch shell. it mimics a perfect fractal but is only the result of a simple creature that calcifies sand/minerals very slowly as it grows larger. evolution is sweet!


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Two roads diverged in a wood, and I cut straight through the forest, and that has made all the difference.

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Offlinesigma_zero
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Re: Economy [Re: GuruBushHippie]
    #14573176 - 06/07/11 07:41 AM (12 years, 11 months ago)


watch this whole documentary.  Its all about how chaos creates order its really cool.

This is just #1 of 4 if you want to watch the whole thing just youtube the secret life of chaos.


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The truth is, nobody has a clue.

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Offlinesigma_zero
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Re: Economy [Re: sigma_zero]
    #14573242 - 06/07/11 08:16 AM (12 years, 11 months ago)

I wonder how many people see a thread titled economy with 4 pages worth of posts and think, hey heres a good discussion about the economy I can't wait for the cerebral stimulation... click.....:god:


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The truth is, nobody has a clue.

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OfflineCherk
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Re: Economy [Re: GuruBushHippie]
    #14573271 - 06/07/11 08:25 AM (12 years, 11 months ago)

i think most people think about the economy the same way they think about god and el nino


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I have considered such matters.

SIKE

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Offlinesigma_zero
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Re: Economy [Re: Cherk]
    #14573333 - 06/07/11 08:46 AM (12 years, 11 months ago)

Hey I like that.  Yeah its amazing how simple it really is though I have taken 12 hours of economics and all you really have to understand is the supply demand curve, algebra and people operate for their own self interests.  The part I didn't get was the part about people being rational.


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The truth is, nobody has a clue.

Edited by sigma_zero (06/07/11 08:48 AM)

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OfflineCherk
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Re: Economy [Re: sigma_zero]
    #14573347 - 06/07/11 08:53 AM (12 years, 11 months ago)

the part I don't understand is how old currency and markets are and how young economics is


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I have considered such matters.

SIKE

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Offlinesigma_zero
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Re: Economy [Re: Cherk]
    #14573448 - 06/07/11 09:28 AM (12 years, 11 months ago)

People didn't start studying the market as an entity until economics.


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The truth is, nobody has a clue.

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OfflineCherk
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Re: Economy [Re: sigma_zero]
    #14573458 - 06/07/11 09:31 AM (12 years, 11 months ago)

i disagree with your use of the word entity but I agree with you


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I have considered such matters.

SIKE

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Offlinesigma_zero
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Re: Economy [Re: Cherk]
    #14573472 - 06/07/11 09:37 AM (12 years, 11 months ago)

Thats really what they call it.  An entity is just a system that responds to its environment.  Society is an entity and the market is as well.


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The truth is, nobody has a clue.

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OfflineCherk
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Re: Economy [Re: sigma_zero]
    #14573540 - 06/07/11 09:54 AM (12 years, 11 months ago)

fuck them

who are they anyways?

besides i take my original point back and now I disagree with you

to say the economy exists on it's own is solipsist

people have studied the economy as a force since at least the feudal age when people utilized monopolies


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I have considered such matters.

SIKE

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Offlinesigma_zero
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Re: Economy [Re: Cherk]
    #14573574 - 06/07/11 10:00 AM (12 years, 11 months ago)

Lol.  economics is just a word that means the study of exchange.  We could argue economics began when the first guy studied the market or we could argue that economics began whenever that first asshole the father of economics said it did I really don't care.  And economics does not exist by its self and neither does any other entity we are all part of some greater system and we haven't found the one that encompasses us all yet.


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The truth is, nobody has a clue.

Edited by sigma_zero (06/07/11 10:02 AM)

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InvisibleIcelander
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Re: Economy [Re: Phred]
    #14573580 - 06/07/11 10:02 AM (12 years, 11 months ago)

Quote:

Phred said:
Calm it down, meams. Flaming will get you a ban. You get one and only one warning. This is that warning.



Phred





So this means I have one free flame coming?  Can I use it on you?:lol:


--------------------
"Don't believe everything you think". -Anom.

" All that lives was born to die"-Anom.

With much wisdom comes much sorrow,
The more knowledge, the more grief.
Ecclesiastes circa 350 BC

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Invisiblememes
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Re: Economy [Re: sigma_zero]
    #14574320 - 06/07/11 12:51 PM (12 years, 11 months ago)

No they always give me warnings because I give blowie's to the admin.


Quote:

sigma_zero said:
Hey I like that.  Yeah its amazing how simple it really is though I have taken 12 hours of economics and all you really have to understand is the supply demand curve, algebra and people operate for their own self interests.  The part I didn't get was the part about people being rational.



They only include that assumption of human rationality because if they didnt, then you couldn't make other assumptions about behavior.  Typically there is an optimal path, and we assume that a rational human would pursue that path.

We make assumptions so we can make other assumptions so the complexity of the economic environment is palatable to our relatively-simple econometric models.

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Offlinesigma_zero
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Re: Economy [Re: memes]
    #14574615 - 06/07/11 01:57 PM (12 years, 11 months ago)

Yeah I know I was trying to be funny, the irrational are the outliers it only seems like they are the majority because they are the loudest of us.


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The truth is, nobody has a clue.

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InvisibleTherian
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Re: Economy [Re: sigma_zero]
    #14599360 - 06/12/11 03:15 AM (12 years, 11 months ago)

To the op, the phenomenon I was speaking of is called "time banking". you can see how it works on the PBS program fixing the future. the program also addresses sustainable business practices, Co-ops, etc. http://video.pbs.org/video/1616543504

Quote:

Typically there is an optimal path,


The problem being, to whom is this path optimal? I'm quite sure the defining characteristics of optimal to me, may not coincide with your beliefs of "optimal". Mine has winged, flying contortionist hookers that own liquor stores. Yours too?

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OfflineGuruBushHippie
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Re: Economy [Re: Therian]
    #14600294 - 06/12/11 11:09 AM (12 years, 11 months ago)

certainly an intriuging concept! Thanks for the info. i actually had a real life example of the joys of the barter system yesterday. A buddy of mine had a didgeridoo that he wanted to sell, but rather, he decided he wanted to trade it to me for a 1944 WWII backpack that i had laying around collecting dust. The bag is worth no more than 30USD and the didge was originally 100 bucks. I know it's not always such a good trade, but had he wanted money instead i would still be playing PVC.


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Two roads diverged in a wood, and I cut straight through the forest, and that has made all the difference.

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Invisiblememes
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Re: Economy [Re: Therian]
    #14600296 - 06/12/11 11:10 AM (12 years, 11 months ago)

postfail?

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Offlineimachavel
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Re: Economy [Re: GuruBushHippie]
    #14601924 - 06/12/11 04:37 PM (12 years, 11 months ago)

Quote:

GuruBushHippie said:
tell me what you thinnk about economy. not "the economy today," just economy in general. IMHO it's an unecessary waste of time and effort alltogether. let me hear your voice!




i agree, it's a waste of time. apparently a lot of people still feel like the reason we are in this economic mess is because of too much money going to labor. all those minimum wagers banking on the minimum wage really ruined our country :laugh2:

i mean it's almost impossible to even get a correct point through to people, if you make $200 at the end of the week, almost none of the money stays in your pocket, you spend it in a hundred different places, mainly on THE RENT. if people who make more money don't buy houses, well then yeah obviously instead of blaming the people WITH the money to buy houses, let's blame the poor people for paying them too much minimum wage. not the wall streeters bonusing themself a few extra dozen mil or so at the end of the year.


considering most people still think the economic mess is WAY more obama's fault then Bush's, it's almost useless to even try and speak of the economy. it's such a waste of time. it's every man for himself I say. make as much as you can, doing whatever, stock broking, plumbing, w/e. and don't feel bad for a single second on how much you charge, if you don't over charge, someone else will. because at the end of your day, you have to compete with a bunch of rich voters, thinking the reason for national bankruptcy is 'spending too much on labor' :shrug:


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:kingcrankey: I did not say to edit my signature soulidarity! Now forever I will never remember what I said about understanding the secrets of the universe by paying attention to subtleties!

:facepalm: I'm never giving you the password again. Jerk

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OfflineGuruBushHippie
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Re: Economy [Re: imachavel]
    #14601950 - 06/12/11 04:44 PM (12 years, 11 months ago)

looks like youre the only one who agrees (and you'll probably be bashed for it, but who the fuck cares right?) I just hate that i have to go to come home from washing dishes under appreciated and covered in rich people's discarded food particles. These same rich assholes think they have some right to walk in 5 minutes before closing and eat for two hours because they "know the owner." Fuck that shit. if i have to stay till all the shit is washed then i shouldnt get bitched at for having to be payed overtime b/c of some money-scribbling asswipe. Worst part is i have a batchelor's degree in sociology and recreation management but cant find a job. this country is bullshit.


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Two roads diverged in a wood, and I cut straight through the forest, and that has made all the difference.

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