Message from @Castore
Discord ID: 668612415298207775
@actual_communist_boi get in vc
@diong
@Dodger101 vc
rip 2k ping + watching this cummie boi video <:pepeLMAO:644901342216847388>
since I love watching leftoids eat each other alive
And rightoids do the same
Frankly, I just want everyone to eat each other
it failed in the market place of ideas
I'm 11 minutes in so I gotta finish this comedy
@actual_communist_boi so uh..........
when are you becoming an analyst for a rightoid think tank? <:PEPELAUGH:643817011117424708>
Libertarians and their autonomy memes
Hmm?
@Dodger101 teach me how to minecraft
No
There's converse arguments against reincarnation, yes
I would admit that
It's not intrinsic to afterlife mythos that ... you don't have concern for present material conditions
I just think that they are in relatively strong association
@sydtko https://www.nber.org/papers/w25558.pdf its indeed surprising that kuznets would be so wrong about the methodology behind national accounting and the reasons for using GDP in policy making to the point where he thought pointing out that it doesnt measure wellfare is some substantive point to make
Wrong how?
It... doesn't measure welfare.
It gives you a general idea or impression that there is a better welfare amongst the people, but that's not necessarily true
That's a probabilistic argument
And considering America's wealth gaps (to ground this to today)
America's GDP has increased over time from Reagan's era, but that's disparate wealth
So I just ask? Do you think people are better of on average now than in Reagan's era?
@LustrousMandrill Nick Fuentes more like Knees Bentes @LustrousMandrill Nick Fuentes more like Knees Bentes @LustrousMandrill Nick Fuentes more like Knees Bentes @LustrousMandrill Nick Fuentes more like Knees Bentes @LustrousMandrill Nick Fuentes more like Knees Bentes @LustrousMandrill Nick Fuentes more like Knees Bentes @LustrousMandrill Nick Fuentes more like Knees Bentes @LustrousMandrill Nick Fuentes more like Knees Bentes @LustrousMandrill Nick Fuentes more like Knees Bentes @LustrousMandrill Nick Fuentes more like Knees Bentes @LustrousMandrill Nick Fuentes more like Knees Bentes @LustrousMandrill Nick Fuentes more like Knees Bentes @LustrousMandrill Nick Fuentes more like Knees Bentes @LustrousMandrill Nick Fuentes more like Knees Bentes @LustrousMandrill Nick Fuentes more like Knees Bentes @LustrousMandrill Nick Fuentes more like Knees Bentes @LustrousMandrill Nick Fuentes more like Knees Bentes
Good joke Commie Boi
@LustrousMandrill Nick Fuentes more like Knees Bentes
Also, this fucking doesn't even the full paper available <:REEE:644893026165981184>
@sydtko GDP doesnt measure wellfare but its a good predictor of many welffare measurements and the best wellfare measurements are made by components of GDP otherwise they face problems as the paper i cited points further GDP predicts or has explanatory with other thinsg besides wellfare like financial stability and employment its a general measure of production of economic activity not a wellfare measure.The money supply doesnt measure inflation as well that doesnt mean its a not a good predictor of inflation or a reliable cauuse of inflation so kuznets point is trivial GDP isnt used in that way and economists dont use it in that way further talk about wellfare measurements is kind of a joke https://journals.sagepub.com/doi/abs/10.1177/0048393116683249 they should never advise policy tbh thats more motivation to rely on gdp and non wellfare based measurements.
```they should never advise policy tbh thats more motivation to rely on gdp and non wellfare based measurements.``` But they do
And I don't accept that it's trivial "or nonsubstantive" to point out that GDP != welfare
well you havent given any reason for why thats the case
``` to the point where he thought pointing out that it doesnt measure wellfare is some substantive point to make``` It's quite substantive... when the orthodoxy generally prioritizes GDP very highly as a measure
The reason ... would be decades of economists peddling the need to prioritize GDP over social welfare policies and programs.
Reaganomic trends of believing more growth will come from decreasing taxes on the top quintile (the laffer curve)
So it's not even "reason" it's a **wall of them**
yeah it is a very important meausre its more important than arbitarry wellfare measurements that are not robust to normative disagreement and the reasons its use dto advised policy is mainly indepednet of wellfare reasons entirely
Prioritize economy for economy's sake? Amazin