370 economists sign letter slamming Trump for 'magical thinking and conspiracy theories'

>370 economists sign letter slamming Trump for 'magical thinking and conspiracy theories'

DRUMPF ON SUICIDE WATCH

DRUMPF ON SUICIDE WATCH

DRUMPF ON SUICIDE WATCH

>Eight Nobel laureates joined 362 other economists in an open letter arguing that Americans should not vote for Donald Trump.

>The letter, released Tuesday and reported on by the Wall Street Journal, lists 13 economic arguments against Trump, but does not specify which (if any) candidate voters choice in lieu of the Republican nominee.

>"Donald Trump is a dangerous, destructive choice for the country. He misinforms the electorate, degrades trust in public institutions with conspiracy theories, and promotes willful delusion over engagement with reality," the economists write, according to a copy posted online by the Journal.

>"If elected, he poses a unique danger to the functioning of democratic and economic institutions, and to the prosperity of the country. For these reasons, we strongly recommend that you do not vote for Donald Trump," the letter concludes.

money.cnn.com/2016/11/01/news/economy/economists-letter-dont-vote-trump/

cnbc.com/2016/11/01/370-top-economists-publish-scathing-letter-against-dangerous-destructive-trump.html

morningconsult.com/2016/11/01/370-economists-lay-list-reasons-vote-trump/

boingboing.net/2016/11/01/guyspleasedonotvotefortrump.html

Other urls found in this thread:

mises.org/system/tdf/Theory of Socialism and Capitalism, A_4.pdf?file=1&type=document
aristeguinoticias.com/
youtube.com/user/gentedeconfianza
youtube.com/user/guteo
youtube.com/watch?v=tHsZxJlxHYw
youtube.com/watch?v=htOj50B7dNk
krugman.blogs.nytimes.com/2013/05/28/taxing-the-rich/?_r=0
twitter.com/SFWRedditImages

>a fucking taco

>If elected democratically he posses a problem to democracy!
Ayy!
The globalist are feeling the fire under their feet

>370 economists
I stopped reading there.

>anti-globalism is bad for the economy
no shit. literally every one knows this. free trade produces the best economic outcomes
anti-globalism states that the economic benefits are not worth the harm done

3,700 or more economists think keynes is god

all are wrong

any more questions?

mises.org/system/tdf/Theory of Socialism and Capitalism, A_4.pdf?file=1&type=document

>economists
I plan to go into economics too. I've figured for a while now that the reason so many economists let the US get fucked is because they can make themselves rich at the cost of everyone else, and going against the globalist agenda would be too dangerous.

Economics is fun to learn, but I trust "economists" to always be full of bullshit.

Good

Bunch of jews

You already posted this 3 hours ago, OP.

Give it a rest. We blew you the fuck out.

This.

The names signing the letter looks like the credits for slum dog millionaire.

>Donald Trump is a conspiracy theorist
>Hillary "Muh Russia" Clinton isn't

Are these the same cuckolds who signed on to the thought Brexit would spell the doom for the UK economy and the start of the great depression and WWIII? UK is fastest growing in the G7

Fuck 'em.

>A bunch of foreigners demanding they have a say in the election

Fuck them on principle.

>Say that the guy who didn't lie cheat and steal his way through the election is a danger to democracy.

How about instead you suck my fat Italian dick?

>t. mexican intellectual

Why do people take economists seriously when they've failed to predict every major economic crisis in 100 years?

(((economists)))
>(((economists)))
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(((economists)))
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(((economists)))
>(((economists)))
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>(((economists)))
(((economists)))
>(((economists)))
(((economists)))

Trump has a fucking bachelors degree in economics.

TLDR these faggots prescribe to globalist post-keynesianism

>370 economists
>""intelectuales"" Mexicanos

Parece que te perdiste, deja te ayudo

aristeguinoticias.com/
youtube.com/user/gentedeconfianza
youtube.com/user/guteo

"hahahaha please don't vote for the one man who would destroy the corrupt bureaucracy we rely on" ~signed the elite

What those "intellectuals" think of Hillary blaming the Kremlin?

NOBEL PEACE PRIZE WINNER AND FUNDER OF ISIS OBAMA SAYS TRUMP IS "CRAZY" AFTER PROMISING TO INCREASE RAPEFUGEES BY 5000000%

It was somebody else, brah.

More than half the economic field is utter bullshit - the best thing you learn from economics is cause and effect in market theory, ie what affects markets/businesses and game theory, as well as how to analyze markets/etc -

Econometrics is bullshit, and I would seriously suggest you minor in the social science/economic theory aspect of economics gearing towards macro if you decide to get a BS in economics, otherwise you'll get 100% Keynesian theory non-stop.

Hell I've met people with BS's in Econ who had no idea who Keynes was, because they only got exposed in their 101 classes, having to remind them he's the faggot whos theory they spent their entire education on.

Those who actually do predict crisis's accurately don't get any attention

>(((economists)))

Those are all Keynesian imbeciles. Dr. Walter Block (a real economist) has endorsed Mr. Trump because real economics is palaeo-libertarianism and Trump is borderline palaeo-libertarian.

We conceive your lies as lies and we -- rightfully -- refrain from endowing Keynesian pseudo-intellectualism with any believable legitimacy: Austrianism and Austrianism alone is real economics.

Is it just me or are people studying business/economy really fucking dumb? I'm at a major Canadian university with one of the most acclaimed business programs but everyone I talk to from that program is retarded.
They literally have easier maths than Life Sci majors and easier stats than comp sci/engineering. All their other courses are some pseudo-science "economic analysis" shit. One of my friends who graduated from that program told me she learned nothing and that every theory is taught under the assumption that people are rational spenders which is obviously retarded in real life application. The program and buisiness/economy programs in general just seem to be big networking circle jerks. Now that i'm ranting about it I wish that's what I studied DESU seems like you do no academics at all and just end up shooting the shit with people who don't really want to be your friend but can use your for your connections.

HURR DRUMPF BTFO

Politics can be injected into any economic analyses and made to look legit.

Reject centralist and globalist economic theory at every turn, it forms the basis of justification for those who are fucking up the west

We're going to make America great again and there is nothing you can do about it.

There is no Nobel Prize For Economics. There is an unrelated libertarian popularization project that calls itself "Nobel Economics Prize" and that has been denounced by the actual Nobel family. It's like if I gave out a movie award I called "The Oskars."

Read Michael Hudson. He's an economist but he's sane and honest, and he totally explodes conventional thinking. His most recent important piece is called "Finance Is Not The Economy."

My niggle.

One big deal is outside Macroeconomics and Bachelor of the Arts degrees in economics Economic theory isn't a big deal as it should be. A BS in econ in many universities literally has one class that touches on economic theory and it's usually Macro 101.

When you have so little exposure to the failure of centralized/command economies or regulated markets your bound to suck keynes dick and justify nationalization

Rather: why are Keynesians taken seriously (only The Austrian Business Cycle Thoery has possessed predictive power).

Most economists, actual ones, with theories, didn't necessarily believe people were rational spenders, they just thought they would use their capital with a priority towards their basic needs first - food, water, shelter, after that there are a whole bunch of theorem on luxury spending and impulse purchases

>Sup Forums reporting in
#Trump2016

In a nutshell, it's because Keynesianism allows the state to accumulate power

globalism turns most of the world into a permanent working underclass. a small group of high skill professionals like doctors, lawyers, media, and business owners. the politicians and bureaucrats. then the bankers.

>370 economists that did not see the housing crash coming

Into the trash it goes

There is no Nobel Prize for Economics. Its a fake award created by Jews who hated the Nobel family.

pls get 9

How many are billionaires?

It's fucking hilarious watching the old debates of Ron Paul and Krugman. That shit eating weasel has a hard time hearing something that is truthful.

the only economist I listen to is Peter "Silver Dipped Pontoon Skiff" Schiff

>Donald Trump is a dangerous, destructive choice for the country. He misinforms the electorate, degrades trust in public institutions with conspiracy theories, and promotes willful delusion over engagement with reality," the economists write, according to a copy posted online by the Journal.

This is exactly what Hillary Clinton does, though.

>CNN
>CNBC
>relevant
We're the media now, fuckers

>(((billionaires)))

Exactly: macroeconomics is intrinsically flawed because of its reliance on empirical data. The economy possesses a complexity which makes empirical analysis tremendously fallacious in its conclusions. A macroeconomist may say -- for instance -- "The economy worsened when taxes were reduced ergo increasing taxes is economically beneficial." Such a thesis is (of course) erroneous; however, such erroneous reasoning is common in macroeconomics because macroeconomists never consider if economic improvement occurs IN SPITE OF socialistic intervention rather than because of it.

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I surely rember 6 million economists, truth that the media is biased towards donald Drumpf

Yes. They are utterly conspicuous in advocing perpetuating and intensifying Statism.

...

Yeah we had scientists and celebrities signing things against Brexit too.

Still didn't change anything. Now mix that concrete and clean those boots Paco el Taco, it's wall building time!

>Appeal to authority fallacy

Ok did they conduct any research and say WHY his economic policy would be bad? Or did they just say "Fuck trump and fuck white people" and sign it?

Finally a group of people that drumpf couldn't bribe.

Xe's finished.

Oh wow
Economist here.

You are completely fucking CLUELESS about macroeconomics. This is the most retarded post I've seen in over a year browsing Sup Forums. I was just going to sleep now I'm pissed off as fuck.

First of all, no economist EVER will say something as simplistic and idiotic as "increasing taxes is beneficial".

Secondly, Macroeconomics works with models, taking in account most variables over time can lead to useful conclusions, which is why Marxism has been discarded as an economic theory by almost every single Economist living today.

Thirdly, since there are many variables to take into account, Economists make forecasts, not predictions. The smallest change in world affairs can change the entire picture of what will happen, that doesn't mean you can't outline general rules for the well-being of a country, in the long run Economic rules are as certain as gravity.

I doubt you've ever talked to an Economist let alone opened a textbook. Fucking kill yourself.

(((((((economists)))))))

...

This election is very simple really. GOOD vs. EVIL

youtube.com/watch?v=tHsZxJlxHYw

vs.

youtube.com/watch?v=htOj50B7dNk

SPREAD SPREAD #MAGA

Fuck no, this is the only positive thing about him: His brainless economic policy would make him exploitable as fuck.

Economists don't make predictions, they make forecasts you fucking mouth-breathing retard.

Learn the difference.

>economists
>thinking it's science

rolling

Error: Our system thinks your post is spam. Please reformat and try again.?

>forecasts
Funny because Hitler would have been a meme without Hjalmar Schacht, the literal architect of German post-depression recovery

>a bunch of jews are losing their shit about not being in control

oy vey goy! just let us be the puppet master you racists!

Forecasts? Just like how weather forecasts are always accurate(they're not)?

I hope you don't think sturmpf will somehow create a stable economy in 'murika(he won't).

>did they conduct any research and say WHY his economic policy would be bad?

Progressive 'economists' are so retarded, they literally believe cutting taxes caused The Recession: so, no.

ha

>jewish intellectuals

>but does not specify which (if any) candidate voters choice in lieu of the Republican nominee.

oh look a bunch of globalists that make money buttfucking the common man dont like trump

Predictions are accurate.
Forecasts are not.

The word forecast implies probability, that is, this is what should happen if current trends hold. (Which they never do, the smallest change can turn things upside down)

That was my whole point idiot.

>Drumpf
>Still a meme
It's not even clever, stop using a forced shill meme

So you admit you are dumb and can't predict anything? Drumpf BTFO yet again

Trump will win the election and Hillary Clinton will be dead or in jail soon.

Calmate

are these the 370 economists that got us $800 billion a year trade deficit, and a $20 trillion national debt?

David Brock... is that you?

trips of truth nice get praise kek

TRUMP WINS! TRUMP WINS!

CTR SHILLS STILL FLIPPING BURGERS AND GETTING THEIR SHITTY POLI-SCI DEGREES AT JUNIOR COLLEGE

>Nov 9th 2016

Tipico nargentino no puede ver el futuro mas alla de su nariz

>You are completely fucking CLUELESS about macroeconomics. This is the most retarded post I've seen in over a year browsing Sup Forums. I was just going to sleep now I'm pissed off as fuck.

Kek.

>First of all, no economist EVER will say something as simplistic and idiotic as "increasing taxes is beneficial".

Really?

>Secondly, Macroeconomics works with models, taking in account most variables over time can lead to useful conclusions, which is why Marxism has been discarded as an economic theory by almost every single Economist living today.

>Thirdly, since there are many variables to take into account, Economists make forecasts, not predictions. The smallest change in world affairs can change the entire picture of what will happen, that doesn't mean you can't outline general rules for the well-being of a country, in the long run Economic rules are as certain as gravity.

If econometrics possessed superiority over Austrianism, then why did Austrianism (and only Austrianism) predict The Financial Crisis? Clearly, it is you who requires education.

Double doubles confirm.

>this thread again

Pretty sure your faggot friend paul krugman said it right here:

krugman.blogs.nytimes.com/2013/05/28/taxing-the-rich/?_r=0

>globalist neoliberal shills shill for globalism

wow really made me think

>“I don’t normally engage in politics, but I decided to sign this one because I think that the destruction that Trump’s campaign tactics have done to the institutions of this nation is a great moral issue,” said Robert Shiller, the Yale University economist. “It isn’t Republican versus Democrat. It isn’t a normal political statement. It is a feeling of outrage against a demagogue.”
>Robert Shiller
>Shiller
Color me fucking surprised.

>Those digits

Keynesians BTFO by Kek!

Also, do you happen to study climate science? Your stupidity would fit well there.

Yeah, most of these academics are just signing on because they got fucking triggered. They don't even bother to critique his economic policy.

Economics is a science not some voodoo crystal ball religious shit. Nobody can predict the future, however, you can observe trends and suggest policies that will be good in the long term.

Let me give you an example:
Country A is a rocky poor island that exports fish
Country B is landlocked but has plenty of oil and diamonds which it exports in abundance

Country A follows the advice of its economists, they cut spending, balance the budget, invest what little they get in taxes in law and order, education and infraestructure. They promote foreign investment and tax breaks for the IT industry.

Country B dismisses its economists as capitalist pig dogs, nationalizes the oil and mining industries, increases taxes, increases spending, prints money, and spends all its budget on welfare and shiny new laptops for its students.

Black Swan event:
The price of oil triples in three years
The price of fish sinks by 30%

In the short run (3 years), Country A will face unemployment, poverty, and economic crisis, despite doing everything right. Country B will have a booming economy and better living standards despite doing everything wrong.

However, overtime, if such policies persist, in a decade or two the tables will have turned, Country B's economy will collapse when the oil price inevitably drops only a little, while hyperinflation and poverty will soar, while Country A will turn given enough time into an export hub with a vibrant IT industry.

The problem is precisely that there are so many variables that the plebs can't tell them apart and want immediate results and magical solutions, while the cheap "TV economists" saying "If you elect X, this will happen" end up looking like idiots.

>CNN
Oh hai CTR.

Sorry but economists are paid by and represent the manipulative global elites. Their time is coming too.

>Mexiscan intellectuals

>((((((Nobel))))))

>Le Dangerous Donald meme

>Le Trump is a bad man pls no vote meme

...

>krugman.blogs.nytimes.com/2013/05/28/taxing-the-rich/?_r=0
Krugman is a hack, however even he is speaking in context, his commentary is idiotic but not simplistic.

Austrian economists still study Macroeconomics, you are still talking BS.

Keynesianism is but one of the schools that compose Macroeconomics, not the only one.

LOL

This guy was a professor at MIT and later Princeton. So you're telling me he doesn't know anything about economics? He's a hack?

You are a fucking moron.

tldr

We actually need quasi-slavery extremely low wage workers or certain industries will collapse

>Country B's economy will collapse when the oil price inevitably drops only a little,
>drops only a little

The price of oil is less than half of what it was a few years ago. Saudi Arabia, Iran, Russia, and many more nations are not experiencing hyperinflation. In fact, Saudi Arabia has only now had to issue bonds for the first time in its entire existence, at very competitive rates. They subsidized literally everything in their country, even the fucking water.

You illustrated his point. Economies are way too complex to even make basic forecasts like this. You observe one event, dilute it to very basic elements, and then try to create forecasts based on those elements. So much gets lost in that process. Venezuela clearly is experiencing hyperinflation meanwhile Saudi Arabia.

You're not an economist or you fags know less than I thought. That comment about oil prices dropping "only a little" causing all of that is a huge tell that you're either lying or a first-year student.

xd