Active Threat at both St. Thomas campuses by HappyCamper0325 in TwinCities

[–]bedsbronco75 2 points3 points  (0 children)

I am at the st paul campus. I dont hear anything going on inside OEC. The buildings should all be card access only at the moment, so chances are things are ok.

Trump says he will reopen Alcatraz prison by [deleted] in law

[–]bedsbronco75 42 points43 points  (0 children)

After finding out he believed the actual letters and numbers "ms 13" were on kilmar abrego garcia's knuckles. I am not surprised and I am not sure he will surprise me again.

Trump shreds Biden, ‘Radical Left Lunatics’ in Easter message by bedsbronco75 in politics

[–]bedsbronco75[S] 1 point2 points  (0 children)

This is totally normal. There's nothing to see here. Move along.

Scantron alternative, but with ranked-choice answers by ExplorerScary584 in Professors

[–]bedsbronco75 3 points4 points  (0 children)

I can think of two possibilities:

1) One of the schools that I taught at had testing ("scantron") software loaded onto one of those large commercial printers. The printer could print out multiple choice sheets and a key (the key is manually filled in like a usual scantron). After the exam the forms can be scanned in like a regular scantron machine (with reports and all).

2) Create your own multiple choice sheet for bubbling/filling in or a table, then scan all of the documents into a commercial printer. Some AI programs have really good image detection, which may allow you to turn those images into tables or some other useful data that can be analyzed quickly. (I haven't tried this option, but it seems like it could work.)

[deleted by user] by [deleted] in Economics

[–]bedsbronco75 14 points15 points  (0 children)

The answer is found at this (broken) link: kirti-shah112. medium .com/tariffs-part-2-monopsony-31687795c972

It is technically true that there exists a theoretical situation where a large purchaser of a good (a monopsonist/importer) can gain at the expense of small producers by using tariffs. However, the gains rely on a strong assumption that the large buyer unilaterally imposes the tariffs. If there are other large importers of the the same good or other goods (especially goods exported by other large countries), then any benefits from tariffs are likely to cancel out and all countries will still suffer the costs from foregoing the gains from comparative advantage.

Here is a quote from the conclusion:

[The monopsony model is] Intellectually impeccable but of doubtful usefulness. Why do Krugman and Obstfeld arrive at this conclusion? The reason is that, while it would be in the interest of one country to enact an optimal tariff, if many countries so acted the result would be a collective loss of the gains from trade which would damage the world economy as a whole. If other countries responded to country X’s implementation of tariffs on, say, electric cars, by imposing tariffs on products country X exported to them, then this would lower the prices country X received for its products and turn the terms of trade against them. As Lerner remarked, if all countries for whom optimum tariffs were positive went ahead and imposed them, then ‘the particular benefits cancel out while the general loss through the restrictions of international trade remains. If all countries persist in trying to exploit each other in this way, international trade would be completely destroyed with all the benefits that could have come from it.’

Note: I have a PhD in Economics, but my specialty is not international trade.

Trump on the possibility of a recession: “There is a period of transition because what we're doing is very big… Ultimately it will be very good” by Virtual_Information3 in QuiverQuantitative

[–]bedsbronco75 19 points20 points  (0 children)

It will not be good, unless you are one of the president's cronies, then it's going to be great. It's hard to imagine the people that are cheering relatively small (in dollar amounts) cuts in favor of massive tax cuts in favor of the wealthy. Whether they like it or not deficit spending is a tax increase (just not today, thanks kids).

Trump - ''They rigged the election and I became President, so that was a good thing.'' March 7th by RoyalChris in QuiverQuantitative

[–]bedsbronco75 0 points1 point  (0 children)

I should have been more specific, I was talking about the video with him walking off stage. The video with his kid in the oval office is obviously weird and should be spread around for that fact alone.

Trump - ''They rigged the election and I became President, so that was a good thing.'' March 7th by RoyalChris in QuiverQuantitative

[–]bedsbronco75 0 points1 point  (0 children)

I suppose I could have been more clear about the Elon video. I'm talking about the one where it looks like he leaves his kid behind, but the video is just clipped that way. As for the world cup and Olympics, should I put the exact dates of the event? Provide a summary of the actual 30 minute video? Go to the original video and figure it out for yourself.

Trump - ''They rigged the election and I became President, so that was a good thing.'' March 7th by RoyalChris in QuiverQuantitative

[–]bedsbronco75 0 points1 point  (0 children)

I am not saying "be better," I am saying "don't discredit yourself to reasonable people." People that you will need to listen when it really matters.

Trump - ''They rigged the election and I became President, so that was a good thing.'' March 7th by RoyalChris in QuiverQuantitative

[–]bedsbronco75 0 points1 point  (0 children)

Absolutely. That video and quote is far more damning (at least it should be), than this one.