Sunday , November 24 2024
Home / Mike Norman Economics / The “myth!” of “crowding out!”

The “myth!” of “crowding out!”

Summary:
"Crowding out!" is not a "myth!" its simply employment of the typical figurative language favored by the Liberal Art trained people...But here is the thing... Why is it when Liberal Art trained hit their technical limit with their exclusive use of figurative language, they will not simply abandon this second rate figurative approach for proper abstractions of Science?What they seem to always do is instead re-label the figurative language as "myth!"... then think this is somehow going to help... they ALWAYS do this...Hard to understand how their brains operate.... serious cognitive deficiencies with these people...The myth of crowding out https://t.co/dyQHg5F4TE— Clint Ballinger (@clintballinger) December 3, 2019

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Matias Vernengo writes Elon Musk (& Vivek Ramaswamy) on hardship, because he knows so much about it

Lars Pålsson Syll writes Klas Eklunds ‘Vår ekonomi’ — lärobok med stora brister

New Economics Foundation writes We need more than a tax on the super rich to deliver climate and economic justice

Robert Vienneau writes Profits Not Explained By Merit, Increased Risk, Increased Ability To Compete, Etc.


"Crowding out!" is not a "myth!" its simply employment of the typical figurative language favored by the Liberal Art trained people...

But here is the thing... Why is it when Liberal Art trained hit their technical limit with their exclusive use of figurative language, they will not simply abandon this second rate figurative approach for proper abstractions of Science?

What they seem to always do is instead re-label the figurative language as "myth!"... then think this is somehow going to help... they ALWAYS do this...

Hard to understand how their brains operate.... serious cognitive deficiencies with these people...

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *