tag:blogger.com,1999:blog-5362251218705862710.post5170747044269545..comments2023-03-25T18:05:39.623+04:00Comments on Kozelidir: The Bean-Counter's Idea of a Trade-OffSanjay Jagatsinghhttp://www.blogger.com/profile/13386926374110998199noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-5362251218705862710.post-75143804339973175842011-06-25T22:43:55.253+04:002011-06-25T22:43:55.253+04:00MAS's MR had a little box on the Phillips curv...MAS's MR had a little box on the Phillips curve <a href="http://www.mas.gov.sg/resource/publications/macro_review/2008/MROct08_Chap1.pdf" rel="nofollow">a few years ago.</a><br /><br />Communist blog? Try common-sense blog.Sanjay Jagatsinghhttps://www.blogger.com/profile/13386926374110998199noreply@blogger.comtag:blogger.com,1999:blog-5362251218705862710.post-21825644329577380682011-06-25T19:32:35.307+04:002011-06-25T19:32:35.307+04:00Is this a communist blog SR?
'cause you cant ...Is this a communist blog SR?<br /><br />'cause you cant win against capitalism, its like an old aunt to dont like but have to visit!Comradenoreply@blogger.comtag:blogger.com,1999:blog-5362251218705862710.post-32471252245663597482011-06-25T12:50:40.241+04:002011-06-25T12:50:40.241+04:00Oops! Forgot to invite those interested in debunki...Oops! Forgot to invite those interested in debunking similar drivel to get a copy of Ha-Joon Chang's riveting 23 Things They Don't Tell You About Capitalism. I suspect it is set to earn The Affluent Society's status in History.SRhttps://www.blogger.com/profile/14779076569141181974noreply@blogger.comtag:blogger.com,1999:blog-5362251218705862710.post-61381772003816786062011-06-25T12:07:09.456+04:002011-06-25T12:07:09.456+04:00All I see is that common sense comes to you ...aut...All I see is that common sense comes to you ...automatically. Unlike Big Media punditry!SRhttps://www.blogger.com/profile/14779076569141181974noreply@blogger.comtag:blogger.com,1999:blog-5362251218705862710.post-78598183481656989272011-06-24T17:35:08.533+04:002011-06-24T17:35:08.533+04:00For those who are not familiar with Phillip's...For those who are not familiar with <a href="http://en.wikipedia.org/wiki/Phillips_curve" rel="nofollow">Phillip's curve</a>, here's some explanation why the inflation v/s unemployment <a href="http://tutor2u.net/economics/revision-notes/a2-macro-phillips-curve.html" rel="nofollow">trade-off</a> is not necessarily <a href="http://tutor2u.net/economics/content/topics/inflation/philips_curve.htm" rel="nofollow">automatic</a>. The economy is not a toy, and playing with it too roughly may cause <a href="http://iams.pbworks.com/f/phillips_curve.gif" rel="nofollow">wide variations</a> and lag/swing effects (hysteresis, excuse the jargon) can require long time periods in order to adjust. <br />Non?akagugohttps://www.blogger.com/profile/14624947179797593178noreply@blogger.comtag:blogger.com,1999:blog-5362251218705862710.post-34868158787127106362009-03-28T22:16:00.000+05:002009-03-28T22:16:00.000+05:00I agree with that plus you should leave the door o...I agree with that plus you should leave the door open for some doubt which is another way of highlighting the importance of staying up-to-date.Sanjay Jagatsinghhttps://www.blogger.com/profile/13386926374110998199noreply@blogger.comtag:blogger.com,1999:blog-5362251218705862710.post-17843522136725832842008-11-22T07:27:00.000+05:002008-11-22T07:27:00.000+05:00Do you mean a trade off between applied knowledge ...Do you mean a trade off between applied knowledge and hubris?<BR/><BR/>In a recent article, The Economist makes a wonderful remark: The lesson is that careful analysis should precede any sweeping statements about the economic benefits of specific policies.<BR/><BR/>In the land of the blind, the World Bank/IMF think-alikes are kings!SRhttps://www.blogger.com/profile/14779076569141181974noreply@blogger.com