Welcome Guest [Log In] [Register]
Welcome to Grassr00ts. We hope you enjoy your visit.


You're currently viewing our forum as a guest. This means you are limited to certain areas of the board and there are some features you can't use. If you join our community, you'll be able to access member-only sections, and use many member-only features such as customizing your profile, sending personal messages, and voting in polls. Registration is simple, fast, and completely free.


Join our community!


If you're already a member please log in to your account to access all of our features:

Username:   Password:
Add Reply
"Jobless Recovery"
Topic Started: 26 Oct 2009, 05:30 PM (369 Views)
Lundymaphone
No Avatar
Intellectual
[ *  *  *  * ]
You keep mentioning the Stimulus (directly or otherwise) which I never mentioned. I simply stated that if GDP Growth/Increased investment and more consumer spending happen that companies will begin to hire, which will cause eventual job growth, can it fail once or twice? Sure but arguing that those three core factors do not create an incentive to hire is like saying that water will not help a tree grow. What you are alluding to is more of a "complete and eventual failure of the system" as opposed to specific short-term issues like the next decade or so which is what the conversation is about.
Edited by Lundymaphone, 6 Nov 2009, 08:59 PM.
Offline Profile Quote Post Goto Top
 
Richard
Member Avatar
Minister of Love
[ *  *  *  * ]
Ryan
6 Nov 2009, 08:43 PM
People act according to certain universal patterns because it is the way we are hard-wired. The aggregation of their actions, transitively, will also follow a certain pattern in the market.
Harry Seldon much.
Offline Profile Quote Post Goto Top
 
Ryan
Member Avatar
Intellectual
[ *  *  *  * ]
Never heard of him, what did he say/do?

I was just speaking spontaneously.
Offline Profile Quote Post Goto Top
 
Richard
Member Avatar
Minister of Love
[ *  *  *  * ]
He's a character in Asimov's Foundation who invented a science known as "Psychohistory". It uses the mass of humanity (by this point there are countless human's spread across an intergalactic empire) and the values of how they act to predict how the economic and political currents of the empire will resolve, up to several decades, or even centuries, in advance.

Essentially, it views people the same way physicists view particles, we can't pin down individuals (they don't really matter anyway), but we can predict the overall behavior.
Offline Profile Quote Post Goto Top
 
1 user reading this topic (1 Guest and 0 Anonymous)
« Previous Topic · Economics · Next Topic »
Add Reply