Message from @Blueroad

Discord ID: 669181043810631680


2020-01-21 13:58:41 UTC  

If supply and demand are in equilibrium how is it that they can explain price.

2020-01-21 13:58:57 UTC  

How do you predict the price of commodities that have closely equivalent supply and demand

2020-01-21 14:00:05 UTC  

What do you think equilibrium is? Equivelence is defined by unit ratio of 1:1

2020-01-21 14:00:25 UTC  

I don’t see how that is an explanation of price in equilibrium

2020-01-21 14:02:26 UTC  

Why don’t we just go over the predictions the theory makes and the evidence supporting them

2020-01-21 14:02:42 UTC  

Because it’s clear you don’t have any other kind of refutation in mind

2020-01-21 14:03:09 UTC  

>dont respond for 2 minutes
>muh no refutation
bro chill, wait

2020-01-21 14:03:22 UTC  

I didn’t say that because of the response time

2020-01-21 14:03:25 UTC  

What units are you thinking when you talk of supply and demand?

2020-01-21 14:04:05 UTC  

I said that because you haven’t revealed any intention to demonstrate that the theory is contradictory, ad hoc, or that it has any other logical problems internal to it

2020-01-21 14:04:18 UTC  

What units are you thinking when you talk of supply and demand?

2020-01-21 14:04:19 UTC  

So I figure your best bet is just to try and attack the empirical front

2020-01-21 14:04:29 UTC  

What units are you thinking when you talk of supply and demand?

2020-01-21 14:04:32 UTC  

Considering you hardly understood the theory before we started talking

2020-01-21 14:04:35 UTC  

What units are you thinking when you talk of supply and demand?

2020-01-21 14:04:46 UTC  

I don’t see how that’s relevant

2020-01-21 14:05:10 UTC  

It just seems like a dodge really

2020-01-21 14:05:25 UTC  

Trying to dodge dealing with the data that supports the theory’s predictions

2020-01-21 14:06:14 UTC  

Don't you think it should be product/service units and currency units, respectively?

2020-01-21 14:06:28 UTC  

I don’t see how that’s relevant

2020-01-21 14:06:33 UTC  

Just seems like a dodge really

2020-01-21 14:06:38 UTC  

Trying to dodge dealing with the data that supports the theory’s predictions

2020-01-21 14:06:50 UTC  

mate i literally dont give a fuck about your empricisism

2020-01-21 14:06:51 UTC  

answer

2020-01-21 14:06:59 UTC  

Don't you think it should be product/service units and currency units, respectively?

2020-01-21 14:07:31 UTC  

Well the two ways you disprove a scientific theory are by showing some logical problem internal to it, or by showing its empirical predictions to be false

2020-01-21 14:07:44 UTC  

And as I said earlier you don’t seem to have any intention to do the former

2020-01-21 14:07:46 UTC  

I'm asking you a fucking question so i can provide an internal critique

2020-01-21 14:07:47 UTC  

So I’d like to get a move on

2020-01-21 14:07:54 UTC  

Answer my question kid

2020-01-21 14:07:56 UTC  

Don't you think it should be product/service units and currency units, respectively?

2020-01-21 14:08:08 UTC  

Stop running away

2020-01-21 14:08:09 UTC  

I don’t see how that’s relevant

2020-01-21 14:08:15 UTC  

Just seems like a dodge really

2020-01-21 14:08:18 UTC  

Irrelevant whether you tihnk its relevant its a question

2020-01-21 14:08:20 UTC  

Answer it

2020-01-21 14:08:27 UTC  

I dont think it is

2020-01-21 14:08:38 UTC  

Ok good you can proceed to think that, answer it

2020-01-21 14:09:04 UTC  

Why am I going to answer an irrelevant question. If I answer yes or no it doesn’t make a difference. Flip a coin and decide for me

2020-01-21 14:09:40 UTC  

Lol you tard you got to answer what you mean by equilibrium of supply and demand before you make the statement

2020-01-21 14:10:04 UTC  

Have you got ANY economics knowledge?