Grow We Must Economics

trade should generate growth more than trade war, ceteris paribus.

 

Not always. See, for example, how trade in sub Saharan Africa has actually harmed well-being

 

externalities such as social costs are usually not much concern to Capitalists.

 

Basic error. Social costs aren't externalities. Private costs plus externalities derive social costs.

 

Private costs minus externalities are capital costs, minus social costs.

 

This is drivel.

 

the social component must be distinguished, for more accurate metrics.

 

You got social costs wrong. You then gave completely wrong definitions. You then gave a nothing sentence.

 

Capital costs must be distinguished from social costs. Private cost is irrelevant.

 

Social costs = private costs + externalities.

There's no debate. You're simply talking bobbins.

 

You omit public costs, as distinguished from private costs.

No wonder the right wing usually has nothing but fallacy.

 

As they say in Japan, "It's mirror time!"

BWAHAHAHAAA! You call that incomprehensible nonsense "argument"? You are delusional.

 

How long can we keep our economy growing, as we must, with the friction of a trade war?

the right wing loves massive debt, And tax cuts for the rich.

GOP tax cut economics is worthless, if it never pays for itself.

 

You're talking bobbins again. I have the correct definition. You are misrepresenting Econ 101, nothing more.

 

Nothing but dogmatic excuses, instead of dogmatic results, is what you have.

 

First, you define for me the "quality of life" and I'll answer your question!

 

No Pre Conditions for a reply.

 

No, I have accuracy. You continue to make bobbins up. Getting definitions wrong is just poor form. Don't understand the concepts? Then don't use them.

 

I am 70 and when I discuss economics, it involves a span of years of experience.
Starting with the fifties when there was a big difference in the quality of life between a laborer and a welfare recipient. Jimmy Carter noted that difference has diminished since his presidency.
Also I look at history, the distribution of wealth in Israel 1950 and today.


The replies I read, using economic, seem like textbook mantras.
Grow We Must, the more the better. A minimal growth economy will be a catastrophe.
No examples give.
Reminds me of High School geometry where you had "assumptions" then worked through problems as logical out growths of those assumptions.
When it comes to life experience vs academic economics, I choose experience.
Y'think economic academics is a conspiracy to lead to economic enslavement?
Just because I'm a conspiracist doesn't mean it isn't


Moi
3 score and 10
And a larger candy bar was a nickle.

 

I am not the one with Only dogmatic Excuses, instead of any dogmatic Results.

 

Unfair. You are hiding in the English-language.

Moving right along ...

 

There is no clear distinction. Most academic analysis twins theory and evidence. You sound like a Trump supporting post-truther here.

 

Difficult to understand results when you've just derived make-believe results by making up basic definitions...

 

I don't mind getting stoned and working with imaginary numbers. I sometimes call it hypothesizing. Why does the right wing have no solutions, only excuses?

Some on the left know, we could have solved simple poverty Yesterday, but for the right wing's reticence in helping out the poor but not the rich.

 

You take basic terms and pretend knowledge. I have no problem with that. Whatever floats your boat. However, giving invalid definition has no positive point. It is noise, nothing more.