Posts by Jeremy Eade
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That said, I'm sure there is a semi-solid mathematical underpinning to economic theory but it is not helped by the unrealistic assumptions about people being 'rational actors' and the sustainability of constant growth in economic terms.
There's maths and then there's invisibility.
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Jeremy, this doesn't require anything other than multiplication and division to understand. It isn't mysterious or absurdly complicated
I'm not saying it's hard, it's just time consuming. Maths, i have no problems with. Economics is really got to get its shit together as a science.
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I was pretty good at maths at school but these numbers do my head in , I hope to check all the math in a month. Jesus it’s despairing that we seem to lack the common fiscal vocabulary to actually solve this shit. Our markets are that mysterious….will the invisible hand help us or Norway, find out next episode, date to be determined.
In 1984 I thought we were promised Nirvana in 20 years. Economics is just bollocks because the market place is corrupt. Prohibition made the mafia as Inhibition has made our business generals. Fuck we so need good ,careful business law after New York had a financial heart attack , a jolt that could have killed america. We need smart people to be rewarded not obvious greedy people. We don't trust the invisible hand.Make it visible.
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One of the whole premises of john key, international money trader as prime minister was that he understood the nuances of the world market. However if we are read into this, English and S&P are saying in the future they will be impossible to study . So what tools did John Key and the like use to build personal and professional fortunes and was it just a fluke? Are we to believe in market fundamentals or just fear that Enron fever is everywhere, that is business is so bent it defies analysis.
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Still, if the NZSF goes belly up, we'll survive. It would have a deep impact on our living standards, but hey, that's what happens when there are major global catastrophes.
Exactly, we are basically putting the superfund into the middle of the world economy. If the world economy stiffs we'll stiff regardless. Why would safe investment be so hard to predict for the next 20 years? The only reason is visibility, accountability and scam. Economies will grow, markets have winners.
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The prosperity of market economys will depend a hell of a lot on those markets reorganisng and repairing themselves, making sure business is actually making profits at the market place and not in some badly run off the side get rich casino. National funnily enough feels ultra cautious about this happening in the next decade. That's more sad than funny.
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National seem to fear the economy at the moment, convinced that our overseas bankers will see through our first world pretensions .I wish Rod Oram was in cabinet. What would of Cullen have done I wonder?
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I think the ad captures that great rush of morning that can sprint off the auckland harbour into the CBD, and that can be genuinely pleasant if you are crawling around at morning time, as of course is the morning in a lot of major cities.
Of course it's too clean and misrepresents something , somethings missing, maybe the rise into K-Road , the spaced out all nighters, other x factor shit, the pubs.
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Why does Tess have to make a case for Jesus. Where the hell is Jesus? Why doesn't he shine his light a bit more or ever, except on Tess of course.
Jesus is playing favourites.
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Fn+1 × Fn-1 = Fn × Fn-1 + Fn-1 × Fn-1 and Fn × Fn = Fn × Fn-1 + Fn × Fn-2. Their difference is
Fn+1 × Fn-1 - Fn × Fn = - (Fn × Fn-2 - Fn-1 × Fn-1).I love maths.