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Posted by morganist on 11-10-11 12:03 AM:

The coming golden age

I thought you might like this article. It discusses a lot of the things people here like talking about. I like the view that the East is growing and that this is not really a crisis but a transfer of wealth. Perhaps I have read that into the article but I think that is what they are implying. Our loss their gain.

http://www.adamsmith.org/blog/inter...-golden-age%3f/

Posted by deadbroke on 11-10-11 12:44 AM:

Re: The coming golden age

Quote from morganist:

I thought you might like this article. It discusses a lot of the things people here like talking about. I like the view that the East is growing and that this is not really a crisis but a transfer of wealth. Perhaps I have read that into the article but I think that is what they are implying. Our loss their gain.

http://www.adamsmith.org/blog/inter...-golden-age%3f/

Morganist, you're still too soft, too much of a softie, in perennial indecision - like I pointed out to you a year ago. You haven't changed a bit. You already won the award for being a saint. Try the flipside for a change, please

Posted by morganist on 11-10-11 12:47 AM:

Re: Re: The coming golden age

Quote from deadbroke:

Morganist, you're still too soft, too much of a softie, in perennial indecision - like I pointed out to you a year ago. You haven't changed a bit. You already won the award for being a saint. Try the flipside for a change, please

I don't have a clue what you are talking about please elaborate.

Posted by bwolinsky on 11-10-11 02:29 AM:

Re: Re: Re: The coming golden age

Quote from morganist:

I don't have a clue what you are talking about please elaborate.

I think he needs to hear more about how you're tearing somebody's throat out in the market.

Think that would help?

__________________
HOW MUCH IS ENOUGH?

Bud Fox

Wall Street

Posted by morganist on 11-10-11 02:37 AM:

Re: Re: Re: Re: The coming golden age

Quote from bwolinsky:

I think he needs to hear more about how you're tearing somebody's throat out in the market.

Think that would help?

You do realise I did not write the article don't you?

Posted by bwolinsky on 11-10-11 02:38 AM:

Re: Re: Re: Re: Re: The coming golden age

Quote from morganist:

You do realise I did not write the article don't you?

I'm just saying it seems he's calling you timid and unaggressive. Morganists usually are what with their position of monetarism.

__________________
HOW MUCH IS ENOUGH?

Bud Fox

Wall Street

Posted by morganist on 11-10-11 02:40 AM:

Re: Re: Re: Re: Re: Re: The coming golden age

Quote from bwolinsky:

I'm just saying it seems he's calling you timid and unaggressive. Morganists usually are what with their position of monetarism.

So you read my blog?

Posted by ajcrshr on 11-10-11 03:13 AM:

Re: Re: Re: Re: Re: Re: Re: The coming golden age

I agree with the comment

"a third of the world's population is gradually being lifted out of poverty"

Rubbish. The phrase 'being lifted out of poverty' should be banned, especially from this blog. These people are not 'being lifted', they are themselves working hard for a better life. Yes, there are more opportunities because of the work of others, but those others too are only working themselves for a better life.

'being lifted' implies just the sort of statism that the Adam Smith institute was set up to fight against.

Posted by Random.Capital on 11-10-11 03:17 AM:

Re: Re: Re: Re: Re: Re: Re: Re: The coming golden age

Quote from ajcrshr:

I agree with the comment

The comment makes no sense.

They ARE being lifted out of poverty - specifically, by a self-destructive American trade policy. They were working just as hard before Nixon Went To China and it got them diddly squat.

Second, Adam Smith was in favor of all sorts of "statism", as he believed it was necessary to prevent "capitalists" from running roughshod over the economy and over people. Whoever wrote that original comment is clearly unfamiliar with the man's actual body of work.

Posted by ajcrshr on 11-10-11 03:33 AM:

Quote from Random.Capital:

They ARE being lifted out of poverty - specifically, by a self-destructive American trade policy. They were working just as hard before Nixon Went To China and it got them diddly squat.

Most Americans don't want to pay the cost of USA made goods. Capitalizing on a self-destructive American trade policy is no gift. Americans get the goods at the prices they want.

Posted by deadbroke on 11-10-11 06:01 AM:

Re: Re: Re: Re: The coming golden age

Quote from bwolinsky:

I think he needs to hear more about how you're tearing somebody's throat out in the market.

Think that would help?

Its got nothing to do with trading or markets.

Posted by deadbroke on 11-10-11 06:04 AM:

Re: Re: Re: The coming golden age

Quote from morganist:

I don't have a clue what you are talking about please elaborate.

Yes you do. You're Jack Lemon

http://www.youtube.com/watch?v=y-AX...ayer_detailpage

Posted by morganist on 11-10-11 09:53 PM:

Re: Re: Re: Re: The coming golden age

Quote from deadbroke:

Yes you do. You're Jack Lemon

http://www.youtube.com/watch?v=y-AX...ayer_detailpage

I still don't have a F**king clue what you are talking about.

Anyway if you are implying that all that matters is get the contract and making money then I think you need to look at what has happened to the economy when people with that attitude have been in power.

See you after the apocolypse.

Posted by bwolinsky on 11-11-11 02:19 AM:

Re: Re: Re: Re: Re: Re: Re: The coming golden age

Quote from morganist:

So you read my blog?

No, but morganism was a favorite topic for a couple weeks during Macro. Especially saw a lot of it in Comparative Economic Systems or Political Economy.

I think they just want the money supply to grow predictably when it is actually better for currencies to not print any new money.

God, our politicians will need to get bailed out by my companies and start participating in the financial markets like an American Hedge Fund.

This is the only way to actually produce and quit wastefully spending. You can start by hedging the Feds Trillion dollar balance sheet and quintupling it getting rid of our taxes and saving our compassion for the needy that we seem to just not have enough resolution to quit with the welfare state.

__________________
HOW MUCH IS ENOUGH?

Bud Fox

Wall Street

Posted by bwolinsky on 11-11-11 02:22 AM:

Re: Re: Re: Re: The coming golden age

Quote from deadbroke:

Yes you do. You're Jack Lemon

http://www.youtube.com/watch?v=y-AX...ayer_detailpage

Mods? True?

__________________
HOW MUCH IS ENOUGH?

Bud Fox

Wall Street

Posted by morganist on 11-11-11 02:23 AM:

Re: Re: Re: Re: Re: Re: Re: Re: The coming golden age

Quote from bwolinsky:

No, but morganism was a favorite topic for a couple weeks during Macro. Especially saw a lot of it in Comparative Economic Systems or Political Economy.

I think they just want the money supply to grow predictably when it is actually better for currencies to not print any new money.

God, our politicians will need to get bailed out by my companies and start participating in the financial markets like an American Hedge Fund.

This is the only way to actually produce and quit wastefully spending. You can start by hedging the Feds Trillion dollar balance sheet and quintupling it getting rid of our taxes and saving our compassion for the needy that we seem to just not have enough resolution to quit with the welfare state.

I think you are confusing two things. I am a macroeconomist and have my own school of thought called Morganist Economics. Morganism or Morganisation was probably linked to J P Morgan, who I may very well be related to.

Here is my blog.

http://morganisteconomics.blogspot....-economics.html

You can read my views on things there.

Posted by morganist on 11-11-11 02:27 AM:

Re: Re: Re: Re: Re: The coming golden age

Quote from bwolinsky:

Mods? True?

I don't have a clue what he is saying.

Posted by bwolinsky on 11-11-11 04:33 AM:

Re: Re: Re: Re: Re: Re: The coming golden age

Quote from morganist:

I don't have a clue what he is saying.

Well if the mods don't say anything there's no way for me to know, but you being a macroeconomist I don't see any point to playing views games on your threads or stirring up conversation with yourself just to bump without looking like a moron for replying to yourself repeatedly as another alias.

__________________
HOW MUCH IS ENOUGH?

Bud Fox

Wall Street

Posted by Random.Capital on 11-11-11 05:38 AM:

Quote from ajcrshr:

Most Americans don't want to pay the cost of USA made goods.

There's a really fundamental concept underlying that...one that Marx actually got right, amongst all the things he got wrong.

Posted by morganist on 11-11-11 04:21 PM:

Re: Re: Re: Re: Re: Re: Re: The coming golden age

Quote from bwolinsky:

Well if the mods don't say anything there's no way for me to know, but you being a macroeconomist I don't see any point to playing views games on your threads or stirring up conversation with yourself just to bump without looking like a moron for replying to yourself repeatedly as another alias.

I don't have another alias.

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