@ChrisMayLA6 Wow! The fact that you would not be invited to the Christmas party because of something like that is a fine marker of the psychological make up of academics.
Well, I spent most of my academic career hanging out with a pretty small group fo folk, most of whom, like me, had had a career before becoming university academics... a small bunch
@ChrisMayLA6 Yes! Sadly my customer hired an employee who got to go to Manchester this year, otherwise I would have had business fairly close to you.
But let's see what we agree on this year! Maybe there is a chance that I'll be going to manchester in december, and from there, if I understand things right, it's but a stones throw to you!
Well, I'd be happy to come down to Manchester, which would (given the travel infrastructure here) likely be easier.... it would be an interesting lunch for both of us I'm sure....
No, I used to say it quite often when I was getting frustrated with the idiocy of some academics... and as a result, never on the invite list for the Xmas parties (wouldn't have gone anyway)
@ChrisMayLA6 and the ones who stick with it often thank me for it at the end of their education and say that no other teacher ever did that, and that they learned valuable lessons by having to fight for their knowledge and learn that nothing of value comes for free.
@ChrisMayLA6 would be much more robust and resilient.
On top of that, we can then always argue about the evils of social media. If I had a child, I would definitely ban most social media until they are old enough to have had some good values established.
I teach, and my students are aged 19-50, with the majority being between 19-30. I see this erroneous expectations every time the subject gets a bit hard, or every time it is time for an exam.
I don't back down, and I tell them to fight,
@ChrisMayLA6 and the ones who stick with it often thank me for it at the end of their education and say that no other teacher ever did that, and that they learned valuable lessons by having to fight for their knowledge and learn that nothing of value comes for free.
@ChrisMayLA6 I believe younger people are weaker. But before the net hating starts, I do not believe it is their fault.
I believe that political trends such as wokeness, never saying no, and setting the expectation that you never have to fight in life or that life is always fun, is the reason for it.
If todays young would have been given an upbringing where they experience a "no", where they learn that life is not always fun, and that you need to fight to get what you want, I believe they
Yes, I think there's quite a lot to that; its a combination of parenting & social change, which are of course inter-connected - not sure 'woeness' is really the issue, but the issue of saying 'no' would be at the centre of my concerned & I have posted on that relatively recently....
@ChrisMayLA6 would be much more robust and resilient.
On top of that, we can then always argue about the evils of social media. If I had a child, I would definitely ban most social media until they are old enough to have had some good values established.
I teach, and my students are aged 19-50, with the majority being between 19-30. I see this erroneous expectations every time the subject gets a bit hard, or every time it is time for an exam.
@ChrisMayLA6 Sadly this is the truth! I severely cut down on 1, 2 and 3, and I expect an in depth discussion of this would quickly reach the length of a book. ;)
But those types of discussions are not good for a tiny mastodon window limited by 500 characters. =(
1. Why that span? 2. What is success? 3. How would it have gone with Mises at the helm instead? 4. Could there have been other factors or trends in the world helping out? 5. What happened after 1965? Maybe the negative effects of Keynes theories took time to manifest?
All these questions, difficult to answer, is one of the great frustrations with economics. =(
Ha ha, yes your last statement, hits the nail on the head.... of course as Keynes said: in the long run we're all dead.... and yes, what is (economic) success - a PhD on its own as a Q.
I always used to say that part of the function of Universities was to provide (relatively) productive employment for middle-class professionals who would be unemployable in any other sector -as you can imagine that didn't make me popular among my colleagues (but that's what 15 years of private sector work before entering the academy made pretty clear)
1. Inflationary Bias 2. Crowding Out Effect 3. Rational Expectations and Policy Ineffectiveness
These three critiques highlight fundamental challenges within Keynesian economic theory: its tendency toward inflation during stimulus efforts, the crowding out of private investment due to government borrowing, and the limitations imposed by rational expectations on fiscal policy effectiveness.
On 1. some inflation is good & Keynes was no unaware of the danger; 2. practically, there was always enough to go around; 3. rational expectations, presuppose rationality & that is a major problem - people (especially in economic activity) often aren't... and Keynes had discussion(s) of the including 'money illusion'.
Hmmm.... depends on whether you think the period 1945 - 1965 was a success economically or not... if yes, that was a practical result of Keynes-inspired policy making
1. Inflationary Bias 2. Crowding Out Effect 3. Rational Expectations and Policy Ineffectiveness
These three critiques highlight fundamental challenges within Keynesian economic theory: its tendency toward inflation during stimulus efforts, the crowding out of private investment due to government borrowing, and the limitations imposed by rational expectations on fiscal policy effectiveness.
@ChrisMayLA6 Interesting! In that case I assume it is the same in sweden. Fascinating how I'm so absolutely isolated and insulated from all of that. ;)
On the other hand, my laser focus on privacy does shield me and my family from a lots of commercial messages.
I remember the first time my father had to use the internet with all the privacy tools and ad blockers I have installed for him. After about 60 seconds he asked me how people can tolerate it. ;)
@ChrisMayLA6 I don't know if I dare to ask you for some anonymous anecdotes?
British academia is for me caught between the two poles of the sinister crimes of say an Inspector Morse episode, and on the other hand, as being populated by descendants of Tolkien, grand fatherly figures spending all day writing great stuff about hobbits. ;)
Ha ha, so, so many.... the headline is (for me) that many (but by no means all of course) academics are selfishly interested only in organising their lives to suit themselves, which is not necessarily that unusual, but are unbelievably 'talented' at presenting what is only good for them as if it was actually for the general good - in other words they intellectualise self-centredness as social responsibility.... and to me it always looked like hypocrisy!
@ChrisMayLA6 This is very interesting! Since I don't have any children myself... how much of a thing is the parenting industry? What products and services are commonly peddled based on induced fear and anxiety?
well in the UK... massive! from baby products through to advice on teenagers & everything in between.... all of it driving parental anxiety to encourage purchase of goods & services
h4890's Posts
h4890 has 66 posts.
h4890
In response to this post@ChrisMayLA6 Wow! The fact that you would not be invited to the Christmas party because of something like that is a fine marker of the psychological make up of academics.
@h4890
Well, I spent most of my academic career hanging out with a pretty small group fo folk, most of whom, like me, had had a career before becoming university academics... a small bunch
by Emeritus Prof Christopher May ;
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h4890
In response to this post@ChrisMayLA6 Amen to that! =)
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h4890
In response to this post@ChrisMayLA6 Venn diagram time! Often it seems we are closer to each other than I thought at first read!
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h4890
In response to this post@ChrisMayLA6 Well, that's the very, very relaxed view. ;)
Kind of reminds me of my 73 year old father, when we discuss problems in society and on the planet.
He is very relaxed about it and wishes me good luck in dealing with it. ;)
@h4890
Ha ha, as I reach 65 this year, and with no kids (but some nephews & nieces), I can see his point....
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h4890
In response to this post@ChrisMayLA6 Yes! Sadly my customer hired an employee who got to go to Manchester this year, otherwise I would have had business fairly close to you.
But let's see what we agree on this year! Maybe there is a chance that I'll be going to manchester in december, and from there, if I understand things right, it's but a stones throw to you!
@h4890
Well, I'd be happy to come down to Manchester, which would (given the travel infrastructure here) likely be easier.... it would be an interesting lunch for both of us I'm sure....
by Emeritus Prof Christopher May ;
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h4890
In response to this post@ChrisMayLA6 Amen!
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h4890
In response to this post@ChrisMayLA6 Brilliant! :D Was that something you brought up at the university christmas party? ;)
@h4890
No, I used to say it quite often when I was getting frustrated with the idiocy of some academics... and as a result, never on the invite list for the Xmas parties (wouldn't have gone anyway)
by Emeritus Prof Christopher May ;
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h4890
In response to this post@ChrisMayLA6 and the ones who stick with it often thank me for it at the end of their education and say that no other teacher ever did that, and that they learned valuable lessons by having to fight for their knowledge and learn that nothing of value comes for free.
@h4890
agreed; nothing of value comes fro free - a valuable mantra for the shaded area of the Venn!
by Emeritus Prof Christopher May ;
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h4890
In response to this post@ChrisMayLA6 would be much more robust and resilient.
On top of that, we can then always argue about the evils of social media. If I had a child, I would definitely ban most social media until they are old enough to have had some good values established.
I teach, and my students are aged 19-50, with the majority being between 19-30. I see this erroneous expectations every time the subject gets a bit hard, or every time it is time for an exam.
I don't back down, and I tell them to fight,
@ChrisMayLA6 and the ones who stick with it often thank me for it at the end of their education and say that no other teacher ever did that, and that they learned valuable lessons by having to fight for their knowledge and learn that nothing of value comes for free.
by h4890 ;
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h4890
In response to this post@ChrisMayLA6 I believe younger people are weaker. But before the net hating starts, I do not believe it is their fault.
I believe that political trends such as wokeness, never saying no, and setting the expectation that you never have to fight in life or that life is always fun, is the reason for it.
If todays young would have been given an upbringing where they experience a "no", where they learn that life is not always fun, and that you need to fight to get what you want, I believe they
@h4890
Yes, I think there's quite a lot to that; its a combination of parenting & social change, which are of course inter-connected - not sure 'woeness' is really the issue, but the issue of saying 'no' would be at the centre of my concerned & I have posted on that relatively recently....
by Emeritus Prof Christopher May ;
@ChrisMayLA6 would be much more robust and resilient.
On top of that, we can then always argue about the evils of social media. If I had a child, I would definitely ban most social media until they are old enough to have had some good values established.
I teach, and my students are aged 19-50, with the majority being between 19-30. I see this erroneous expectations every time the subject gets a bit hard, or every time it is time for an exam.
I don't back down, and I tell them to fight,
by h4890 ;
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h4890
In response to this post@ChrisMayLA6 No need for worry. The reason for the climate hysteria is that most people ignore the longer term trend.
Let me present you with this graph instead:
https://en.wikipedia.org/wiki/Geologic_temperature_record
@h4890
Ha ha, I refer you back to my previous remark about Keynes view of the long term....
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h4890
In response to this post@ChrisMayLA6 Sadly this is the truth! I severely cut down on 1, 2 and 3, and I expect an in depth discussion of this would quickly reach the length of a book. ;)
But those types of discussions are not good for a tiny mastodon window limited by 500 characters. =(
@h4890
Yes, this is where our discussion would be more fruitfully progressed over dinner in Sweden or North West Lancashire!
by Emeritus Prof Christopher May ;
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h4890
In response to this post@ChrisMayLA6 This brings us to the problems of:
1. Why that span?
2. What is success?
3. How would it have gone with Mises at the helm instead?
4. Could there have been other factors or trends in the world helping out?
5. What happened after 1965? Maybe the negative effects of Keynes theories took time to manifest?
All these questions, difficult to answer, is one of the great frustrations with economics. =(
@h4890
Ha ha, yes your last statement, hits the nail on the head.... of course as Keynes said: in the long run we're all dead.... and yes, what is (economic) success - a PhD on its own as a Q.
by Emeritus Prof Christopher May ;
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h4890
In response to this post@ChrisMayLA6 Sad to hear. =( Do you think that the prestige a higher academic title brings, and tenure, are the reasons for this?
Or is it just that that jobs tends to attract that type of person?
@h4890
I always used to say that part of the function of Universities was to provide (relatively) productive employment for middle-class professionals who would be unemployable in any other sector -as you can imagine that didn't make me popular among my colleagues (but that's what 15 years of private sector work before entering the academy made pretty clear)
by Emeritus Prof Christopher May ;
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h4890
In response to this post@ChrisMayLA6 Three arguments against Keynes are:
1. Inflationary Bias
2. Crowding Out Effect
3. Rational Expectations and Policy Ineffectiveness
These three critiques highlight fundamental challenges within Keynesian economic theory: its tendency toward inflation during stimulus efforts, the crowding out of private investment due to government borrowing, and the limitations imposed by rational expectations on fiscal policy effectiveness.
@h4890
On 1. some inflation is good & Keynes was no unaware of the danger;
2. practically, there was always enough to go around;
3. rational expectations, presuppose rationality & that is a major problem - people (especially in economic activity) often aren't... and Keynes had discussion(s) of the including 'money illusion'.
But a full discussion would be much much longer
by Emeritus Prof Christopher May ;
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h4890
In response to this post@ChrisMayLA6 Keynes? Aren't that old mans theories completely disproven? ;)
I hear Milei is doing wonders in Argentina by following the libertarian approach of Mises! :)
@h4890
Hmmm.... depends on whether you think the period 1945 - 1965 was a success economically or not... if yes, that was a practical result of Keynes-inspired policy making
by Emeritus Prof Christopher May ;
@ChrisMayLA6 Three arguments against Keynes are:
1. Inflationary Bias
2. Crowding Out Effect
3. Rational Expectations and Policy Ineffectiveness
These three critiques highlight fundamental challenges within Keynesian economic theory: its tendency toward inflation during stimulus efforts, the crowding out of private investment due to government borrowing, and the limitations imposed by rational expectations on fiscal policy effectiveness.
by h4890 ;
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h4890
In response to this post@ChrisMayLA6 Interesting! In that case I assume it is the same in sweden. Fascinating how I'm so absolutely isolated and insulated from all of that. ;)
On the other hand, my laser focus on privacy does shield me and my family from a lots of commercial messages.
I remember the first time my father had to use the internet with all the privacy tools and ad blockers I have installed for him. After about 60 seconds he asked me how people can tolerate it. ;)
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h4890
In response to this post@ChrisMayLA6 I don't know if I dare to ask you for some anonymous anecdotes?
British academia is for me caught between the two poles of the sinister crimes of say an Inspector Morse episode, and on the other hand, as being populated by descendants of Tolkien, grand fatherly figures spending all day writing great stuff about hobbits. ;)
@h4890
Ha ha, so, so many.... the headline is (for me) that many (but by no means all of course) academics are selfishly interested only in organising their lives to suit themselves, which is not necessarily that unusual, but are unbelievably 'talented' at presenting what is only good for them as if it was actually for the general good - in other words they intellectualise self-centredness as social responsibility.... and to me it always looked like hypocrisy!
by Emeritus Prof Christopher May ;
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h4890
In response to this post@ChrisMayLA6 And here I thought that university staff were the most selfless, empathetic and kind people there are on the plante!
Was I wrong? ;)
@h4890
[Laughing & about to fall off my chair].... indeed you were wrong!
by Emeritus Prof Christopher May ;
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h4890
In response to this post@ChrisMayLA6 This is very interesting! Since I don't have any children myself... how much of a thing is the parenting industry? What products and services are commonly peddled based on induced fear and anxiety?
@h4890
well in the UK... massive! from baby products through to advice on teenagers & everything in between.... all of it driving parental anxiety to encourage purchase of goods & services
by Emeritus Prof Christopher May ;
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