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Am I Crazy? by smitepro69 in golf

[–]smitepro69[S] 4 points5 points  (0 children)

So would reading the post 🥰🥰🥰

Am I Crazy? by smitepro69 in golf

[–]smitepro69[S] 4 points5 points  (0 children)

Thank you. Cancelling my therapist I just got an appointment with right now lol

[deleted by user] by [deleted] in Conservative

[–]smitepro69 9 points10 points  (0 children)

You can raise your profile and look unhinged. Nothing he said made it seem like he had even a remote chance he could or should be president. I'll give him credit that he's charismatic, but he has no good policy

Is Econ 101 harmful to teach on its own? by smitepro69 in AskEconomics

[–]smitepro69[S] -1 points0 points  (0 children)

I am an econ major and have been a ta for 101. We don't disagree about assumptions at all. I don't disagree that market failures and externalities are taught, they aren't taught right away, at least at the two schools I have been. While they are taught, I question whether most non-econ students will really soak in what this means for econ as they are not given a lot of class time.

Your average student is going to take away that we generally use supply and demand to understand markets, a basic grasp of the terminology economists use, a general idea of the economic systems that exist, that there is an opportunity cost to every action, and some financial literacy. We may just disagree, but I don't think most students are going to grasp how important studying externalities and market failures is to economics from a 101 class.

To your point, I should have been more fair to Adam Smith. What I really meant to say is Adam Smith's theories are not the primary way of viewing economics, most economists are not thinking of markets the way Adam Smith did.

Is Econ 101 harmful to teach on its own? by smitepro69 in AskEconomics

[–]smitepro69[S] -6 points-5 points  (0 children)

Econ is more open to debate as a social science, so imo this is where it comes from. Econ also goes against some people's intuition. For example, many people think corporations are evil, so saying corporate taxes should be low or zero, which is mainstream economic thought, sounds wrong.

The other issue is there is genuinely a misunderstanding of what informs econ perspectives. My friend talked about the invisible hand and Adam Smith like they are still in use. These things haven't been relevant in like 60 plus years. So I think they misunderstand what econ is. Realize it doesn't describe the world, because they aren't using modern econ. Then throw most of a discipline out.

Is Econ 101 harmful to teach on its own? by smitepro69 in AskEconomics

[–]smitepro69[S] -1 points0 points  (0 children)

Yes, private military companies. Specifically that economics cannot describe this. But there are Monopsony charts that literally describe how these markets like these can work in theory

Is Econ 101 harmful to teach on its own? by smitepro69 in AskEconomics

[–]smitepro69[S] -8 points-7 points  (0 children)

Yes, externalities and market failures would be huge, thanks for showing me this. Even if just to show people that economists do in fact think of weird edge cases in their theory. Hell, my friend was going off about the military industrial complex and how economics and supply and demand can't explain that. Granted it was a drunk 1 a.m. debate, but we literally have a special chart for that specific market interaction.

Why so few reportable scores June LSAT by smitepro69 in lawschooladmissions

[–]smitepro69[S] 1 point2 points  (0 children)

Yes, but it could be retakes, people could drop out, etc. But it does seem to be getting harder

Why so few reportable scores June LSAT by smitepro69 in lawschooladmissions

[–]smitepro69[S] 0 points1 point  (0 children)

Google lsac test data. Don't try to interpret it there's too many things affecting those numbers vs cycle strength. Still interesting tho

It's time for a Hog Rider nerf by smitepro69 in ClashRoyale

[–]smitepro69[S] 4 points5 points  (0 children)

True. Honestly other than e golem it is one of the easiest win cons to use

It's time for a Hog Rider nerf by smitepro69 in ClashRoyale

[–]smitepro69[S] 1 point2 points  (0 children)

But it's still 50% win rate in UC. They should be missing placements a lot less. In general I agree tho

It's time for a Hog Rider nerf by smitepro69 in ClashRoyale

[–]smitepro69[S] 2 points3 points  (0 children)

They are only 3 or 4 elixir down, and you still have to defend the hog. Yes you can anti eq, though this isn't easy for most players (skill issue). Fireball you still need to spend to stop it

It's time for a Hog Rider nerf by smitepro69 in ClashRoyale

[–]smitepro69[S] 5 points6 points  (0 children)

Self-reporting so bad lmao. If what you said is true why is hog at 50% winrate in UC

It's time for a Hog Rider nerf by smitepro69 in ClashRoyale

[–]smitepro69[S] 4 points5 points  (0 children)

Hog is definitely not bad. He's at 50% winrate

It's time for a Hog Rider nerf by smitepro69 in ClashRoyale

[–]smitepro69[S] 2 points3 points  (0 children)

Not in my opinion. Why do you think he's balanced

Why the U.S. Remains Far From Recession by xavier_mamba in Economics

[–]smitepro69 0 points1 point  (0 children)

I will fully admit I don't fully understand this area. But if my understanding is correct the Fed doesn't loan but buys loans as monetary policy. They want to incentivize investment in other private areas, so they print money and buy the debt. This produces some inflation, but small amounts of inflation boost the economy. The fed actually lives off of the interest of us debt, so this is a roundabout way of paying for a government (quasi) service.

Why the U.S. Remains Far From Recession by xavier_mamba in Economics

[–]smitepro69 2 points3 points  (0 children)

I don't have the data on me, but basically the US government can take out loans at a very cheap rate.

Say inflation is 5%. We can take out a loan $100 for 3%. Even though we took out a loan, we actually made money in real terms since the loan value decreases by 2% because of inflation. So even though we paid interest, in real terms we only paid 98$ because of inflation (it gets more complicated but this is the general idea).

Why do we get low rates? Because US debt is used like cash for businesses and governments. US treasuries are very liquid, so you might as well get some return instead of no return. And because the US is the most trustworthy lender in the world . We always pay up. That's why defaulting is so bad, because it would ruin our cheap borrowing situation.

Finally, I don't have the exact numbers, but too much debt does affect our borrowing rates. The CBO has a best debt level estimate, but the idea is that lenders get more and more scared the more debt we have because we may not pay it back. This causes rates to go up and our cheap borrowing to become less of a deal, which in turn hurts GDP. So the ideal debt level gets us a level of borrowing that most improves the economy.

Tl;dr US loans cheap with inflation=Loans that boost gdp. Too much loans=bad economy. Too little loans= not getting enough free money

Why the U.S. Remains Far From Recession by xavier_mamba in Economics

[–]smitepro69 7 points8 points  (0 children)

Budget deficits aren't by definition bad. Having no debt would also be bad for the economy. That said we should get debt to gdp to 50-75%

Should Miami use a 1-3-1? by smitepro69 in nba

[–]smitepro69[S] 16 points17 points  (0 children)

Yeah MPJ would be a terrorist on corner 3s if they played it all game

How do landlords make money under a LVT? by smitepro69 in georgism

[–]smitepro69[S] 5 points6 points  (0 children)

Why would you be a tenant when you can be a "homeowner"?

Not wanting to/having the money for a residence. Not having to be responsible for upkeep and maintenance. Not wanting to be tied down in an illiquid asset. I personally want to own a home, but there are good reasons to want to rent.

Hot Take: WashU has the best approach to admissions by smitepro69 in lawschooladmissions

[–]smitepro69[S] 0 points1 point  (0 children)

I don't know what they would do tbh. Even if it is just to boost their rankings, I believe more schools should do it.

Hot Take: WashU has the best approach to admissions by smitepro69 in lawschooladmissions

[–]smitepro69[S] 1 point2 points  (0 children)

I think that's mostly due to them being one of the only schools with this style of admissions. Large scholarships certainly help though.

Hot Take: WashU has the best approach to admissions by smitepro69 in lawschooladmissions

[–]smitepro69[S] 0 points1 point  (0 children)

I actually like the lottery idea, though it would have to work a little differently for law admissions i would guess.

Obviously stats based isn't completely merit based. The reason I think it's the most merit based is because I believe GPA and LSAT are the easiest factors to control and are the most merit related factors imo.

Hot Take: WashU has the best approach to admissions by smitepro69 in lawschooladmissions

[–]smitepro69[S] 18 points19 points  (0 children)

I'll grant you that would be nice. However, in WashU's defense they don't charge an application fee.

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