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Re:What happened to the US machine tool industry? by fuzztester on Thursday January 18, 2024 @03:03PM (#39046871)
"Aiugh. My brain just broke.

How does a noob like me learn about these systems. I know it all probably makes sense to the learned. But with my folk (mis)understanding, these claims sound counterintuitive.

Thanks. "

don't worry, your intuition is right. you are on the right track when you say that your brain broke. you are more learned, or rather, more wise than those guys.

because a lot of economics is BS, a hotchpotch of some art, craft, heuristics, observations and formulae, pretending to be a science.

this is exactly why economics is known as "the dismal science", and why there is a saying that if you get 20 economists in a room and ask them the same question, you will get 20 different answers.

(italics mine)

I studied economics in high school for a whole year (11th grade). the course covered both microeconomics and macroeconomics. the Samuelson (MIT prof., IIRC) book was one of our text books.

I did well in class, was among the top few students.

I made some penetrating comments to which my teacher had no satisfactory answer. it was on a situation / question regarding OPEC (the oil cartel).

from that time on, and also from subsequently reading economics articles and news now and then, I could intuit and piece together the opinions that I stated above. :)

so, not to worry :)

Re:What happened to the US machine tool industry? by edgyquant on Thursday January 18, 2024 @05:37PM (#39048866)
Not sure how you can pretend I’m wrong when what I stated is an observation of the world and not an opinion. The US moved its industry overseas and switched to exporting dollars in an effort to buy sway inside of other countries. It did this to isolate Russia and win the Cold War.
Re:What happened to the US machine tool industry? by fuzztester on Friday January 19, 2024 @04:40PM (#39061577)
edgy, you are quant(ifiably) edgy. ;)

i never replied to you.

so how could I have pretended you were wrong?

you seem to be mistaken.

trace your way upthread and tell me where I replied to you. i, at least don't see it. but whether it is your error or mine, it may be due to the shitty message threading style used here on hn. I have commented about it in the past. if the better Usenet / NNTP style was used, such confusions would not occur.

The D language forum uses it, for example.

maybe you need some edgyqation ...

Re:What happened to the US machine tool industry? by cycrutchfield on Thursday January 18, 2024 @06:55PM (#39049717)
So you declare an entire field as BS and your basis of expertise is a high school class you took and a (probably underpaid and overworked) teacher who couldn’t satisfactorily answer your questions?

Dunning-Kruger effect in action.

Re:What happened to the US machine tool industry? by ducttapecrown on Thursday January 18, 2024 @07:21PM (#39049957)
Further economics classes only pull the curtain farther back on what economics is: applied mathematics and applied sociology combined!

I'm personally undecided on dismissing economics and trying to learn more of it!

Re:What happened to the US machine tool industry? by fuzztester on Thursday January 18, 2024 @08:13PM (#39050398)
diss it, you won't miss it! ;)
Re:What happened to the US machine tool industry? by fuzztester on Thursday January 18, 2024 @08:05PM (#39050334)
you are definitely, er, sorry, "probably", a pathetic academic, way out of touch with reality. :)

>a (probably underpaid and overworked) teacher

Wow, what a sickeningly (probably deliberately) biased / prejudiced statement to make, without any proof whatsoever.

what makes you think my teacher was underpaid and overworked? "probably" your racist bias, going by your handle, cycrutchfield, taken together with the tone of your comments?

(did you notice that I'm making the same unprovable assumptions as you, by saying "racist", just to show that yours is an unprovable assumption too?) ...

(all assumptions are unprovable. only evidence is proof)

as it happens, my teacher was a (mishie (aka missionary)) ”Murican” :), "probably" (as you said, hee hee) from the Midwest, economics teacher in one of the most expensive and supposedly ”elite” boarding schools in India, a mishie school run by American missionaries for over a hundred and forty years.

(people with brains can figure out why I said 'supposedly "elite"'.)

And as for the "BS", yes, quite right, my basis of judgement (not expertise), is exactly what you said, and what I said before you, a high school class (1 full year's worth of it, which gave me enough insight not to pursue it as a degree, or at all), plus, you know, something called thinking for oneself, which is in somewhat short supply these days, it appears, plus the well-known quote, sometimes true, about degrees:

BS Bull Shit MS More of the Same PhD Piled Higher and Deeper

"probably", right, sicko?

where's your evidence for the "probably"? saying "probably" implies probability > 0, so where is your proof?

(As an aside, see what I did there, by using the italics above? Yeah, gave you tit for tat, shit for shat).

Re:What happened to the US machine tool industry? by nick222226 on Thursday January 18, 2024 @08:21PM (#39050462)
You should probably seek out a therapist or psychiatrist, you seem to be having a crisis of some sort.
Re:What happened to the US machine tool industry? by fuzztester on Friday January 19, 2024 @04:55PM (#39061776)
you too should start thinking for yourself, like I said to cycrutchfield above.

it will improve your way below average brain.