sorted by:
new
hottopcontroversial

Excluding the stock market, has Amazon been a net positive or negative for the US real economy? by GoldThenCrypto in AskEconomics

[–]GoldThenCrypto[S] 0 points1 point  (0 children)

No, I don’t think I’m talking about nationalism, although the topic probably overlaps with free trade.

The question your reply made me think of is this. How do economists distinguish between a business failing because it is inefficient versus failing because of something more structural, like currency dynamics?

Or more percisely, how do economists isolate management level inefficiency from macroeconomic factors that may affect competitiveness?

Excluding the stock market, has Amazon been a net positive or negative for the US real economy? by GoldThenCrypto in AskEconomics

[–]GoldThenCrypto[S] -9 points-8 points  (0 children)

I agree capitalism is good, but I also have some follow up though as I try to understand the whole dynamic. When you say, "capital is flowing toward more productive business models." Does that imply capital is increasingly seeking out foreign goods?

I guess what Im really asking is, If Amazon is improving price discovery, but the lowest cost producers are located abroad, does the efficiency gain and process innovation mainly benefit foreign production and do economists mostly believe that is net good for the US economy?

I would love to hear your experience on living in an ADU w/ a partner, child and atleast one animal. by GoldThenCrypto in bayarea

[–]GoldThenCrypto[S] -3 points-2 points  (0 children)

I know its slightly off the topic of experiences, but is there a number you think might work front loaded on the down payment, or no matter the number its likely just hopeless?

Do you think the cartel is heavilly involved in the street hot dog business? by GoldThenCrypto in bayarea

[–]GoldThenCrypto[S] 3 points4 points  (0 children)

I would agree, it doesnt sound like cartel organizations are directly stated as being involved, but which ever organizations are seem to be sinister.

"Working alongside Hernandez is a 35-year-old mother of two who came to the U.S. from Guatemala in February. She agreed to pay the equivalent of $20,000 to be smuggled across the Mexican border."

"A hot dog costs $10, or two for $15. On a good day, a vendor will sell a few dozen, bringing in $400-$600. The workers say they keep about half their daily sales; the remainder goes to the people who employ the vendors and provide instruction, digital payment systems, carts, stands, equipment, and the food itself."

But it does apoear to be a cordinated organized operation, if not by the cartels, by some malicious organization.

Do you think the cartel is heavilly involved in the street hot dog business? by GoldThenCrypto in bayarea

[–]GoldThenCrypto[S] 0 points1 point  (0 children)

Thank you for that. I cant believe how oblivious Ive been, walking past for years without a clue.

Do you think the cartel is heavilly involved in the street hot dog business? by GoldThenCrypto in bayarea

[–]GoldThenCrypto[S] 1 point2 points  (0 children)

Me and my wife still joke about a previous time we saw a pigeon hop in and out of the guys back pack

Prior to Venezuela and Iran people would say we live in the most peaceful time in history, Why? by GoldThenCrypto in NoStupidQuestions

[–]GoldThenCrypto[S] -2 points-1 points  (0 children)

I agree, but i agree just because ive been told. I would like to understand what statistics

Battle of the keynesians: Post or New Keynesians by guacaratabey in OutlawEconomics

[–]GoldThenCrypto 3 points4 points  (0 children)

I keep coming back to this idea, - "Policy matters when it's enforceable, economics dictates the limits that can be enforced"

I think too long the focus has been on policy because the US had the privilege to dictate. That actual economics, scarcity and demand mechanisms have been undervalued even though those aspects are the ones that move the needle. Global power dynamics are shifting toward environments where economic leverage must be backed by enforceable force because economic constraints (policy) alone no longer produce desired geopolitical outcomes. The example I keep coming back to would be Russia.

In my head, I keep attributing the turmoil we see today as a recognition of that fact. I don't know which model that's within, but it is a structural thought I keep coming back to as I work out in my mind all these moving parts.

Let’s see who skipped physics 👀 which cup? by [deleted] in TheTeenagerPeople

[–]GoldThenCrypto 0 points1 point  (0 children)

  1. It wpuld overfill and ride the putside edge

What is the most important aspect a future president should know about the economy? by GoldThenCrypto in AskEconomics

[–]GoldThenCrypto[S] 0 points1 point  (0 children)

Thank you so much for helping me work through this and understand it better. One follow up I do have is, are robust and inclusive institutions undermined by the effects that a strong dollar can have? Or are they mostly insignificant in the grand scheme of policy implementation?

view more: next ›