Forum Post: Given enough data points all things becomes a numbers game, just like Asimov said.
Posted 12 years ago on June 30, 2012, 9:13 a.m. EST by factsrfun
(8342)
from Phoenix, AZ
This content is user submitted and not an official statement
In The Foundation series Asimov speaks of how math can be use to predict all things a young Paul Krugman was intrigued and we got a brilliant encomiast, funny how things work out.
http://www.pbs.org/newshour/bb/business/jan-june12/krugman_06-18.html
http://www.pbs.org/newshour/rundown/2012/06/paul-krugman-on-ben-bernankes-green-shoots.html
http://www.pbs.org/newshour/rundown/2012/06/paul-krugman-on-germanys-whips-and-scourges.html
http://www.pbs.org/newshour/rundown/2012/06/paul-krugman-on-europe-doing-the-unthinkable.html
and his wife
http://www.pbs.org/newshour/businessdesk/2012/06/robin-wells-on-universal-cover.html
Chaotic 1,3 pendulum
Fiction can create inspiration, “we have the Ion Drive ready Captain.”
http://www.scientificamerican.com/article.cfm?id=star-trek-movie-science
Who said, "Figures don't lie. But liars will figure."?
Most likely somebody hoping somebody don't look at the numbers.
I don't know.
Was it the one of those guys that say a woman can't get pregnant from a "real rape"?
So therefore, if they are pregnant, it couldn't have been a "real rape"?
I enjoyed Foundation (yet to read the sequels) and the concept of accurately predicting the future based on the probability of large groups of people behaving in predictable ways... well it was interesting and fun to read. I can see how Paul Krugman took it as a base to start from.
I'm going to look at those links, and report back, because I do enjoy what Paul has to say (spend more during a recession, trickle up !!)
Spending more does not automatically translate into a trickle up economy. Especially when you're talking about temp issues like handling a recession. And not all spending is effective. You cannot just support broad spending as stimulus. Right now, the FED continues to give Wall Street billions (257B in July) and this is considered stimulus, and it's government spending. This has had many effects but none of them equate to trickle up economics nor is it actually aiding the recovery. Writing down the principle in upside down mortgages, infrastructure projects, these are useful. Very useful.
Agreed. The FED "stimulus" is just gifts to banksters. Poor target since they aren't trying to create jobs! They are trying to make money, on money,.
Stimulus must go to the middle/working class. Cut working class taxes/debt. They will create demand and jobs will be created. Penalize outsourcing
^Point
Upvote U 2.
Right, but he doesn't advocate just throwing money at the problem, but the things you said. I like the Green Party approach: Tax nationally, spend locally. Give money to the cities to spend on jobs, turn the unemployment offices into employment offices.
His wife Robin has helped to shape his political thoughts, you might start there.
[Deleted]
thanks for stopping by, have you ever read The Foundation?
I would of thought Krugman had more fans.
[Deleted]
Wow i wouldn't know where to start,in general I would say there is great value in looking at the system as a whole yet understanding that the output is the result of many individual decisions.